Global TradFi & Macroeconomics

According to International Energy Agency (IEA) chief Fatih Birol, the oil market may enter a tight supply situation in July-August as inventory draws intensify and summer demand strengthens.

According to Bank of America, the Bank of England is expected to raise interest rates by 25 basis points each in July and September. The forecast represents a shift from the bank's previous prediction of rate hikes in June and July.

Nvidia announced plans to significantly increase cash returns to shareholders through a dividend increase and expanded share repurchase authorization. The AI chipmaker boosted its dividend from 1 cent per share to 25 cents per share and authorized an additional $80 billion in share repurchases on to

According to Cointelegraph, the Federal Reserve proposed a limited payments account framework to provide fintech companies and crypto-related banks with narrower access to payment systems. The Fed also recommended that regional Reserve banks suspend decisions on Tier 3 account applications until

According to BitcoinTreasuries.NET, SpaceX and Tesla combined hold 30,221 Bitcoin worth $2.3 billion. If merged, the two Elon Musk-led companies would rank as the fifth-largest public company Bitcoin holder.

According to the Wall Street Journal, the U.S. Commerce Department announced on May 21 a total of $2 billion in government grants to 9 quantum computing companies, including IBM, with the federal government also acquiring equity stakes in the transactions. The move aims to accelerate development of

According to Bank of America analysts Justin Post and Nitin Bansal, the bank maintained its "buy" rating on Alphabet on May 20, with a price target of $430, representing 10.9% upside from the current price of $387.66. The analysts cited Google's AI user growth metrics disclosed at its I/O

Brent crude oil touched $104 per barrel intraday on May 21, gaining 1.70% during the trading session.

According to Gate market data, U.S. stock index futures declined broadly today, with S&P 500 E-Mini futures down 0.25%, Nasdaq-100 futures down 0.35%, and Dow Jones futures down 0.09%. Separately, Iranian Supreme Leader Ayatollah Khamenei has ordered that near weapons-grade uranium must remain in Ir

According to Jin10, following Nvidia's earnings beat, multiple investment banks raised the company's price targets, with Melius Research setting the highest target at $400. A total of 17 financial institutions upgraded their price targets, while 3 maintained their existing targets. The upgrades

According to Guru Club, WTI crude oil futures rose 2% on May 21, reaching $100.253 per barrel.

According to Reuters, Brent crude oil climbed $1.67 per barrel to $106.12, while WTI crude rose $1.46 per barrel to $99.53 in the last 5 minutes. The price surge comes as Iran's Supreme Leader reiterated that uranium must remain within the

Italy's FTSE MIB index fell below 49,000 points intraday on May 21, declining 0.39% during the trading session.

Spot gold pulled back over 20 dollars on a short-term basis, trading at 4516.52 per ounce.

The European Commission downgraded its 2026 economic growth forecast for the European Union to 1.1% on May 21, citing the impact of the Middle East situation and resulting surge in energy prices as the primary cause of the slowdown. The eurozone's 2026 growth forecast was similarly revised

Bank of America went live on CLS's cross currency swaps settlement service, expanding its use of payment-versus-payment settlement infrastructure to reduce settlement risk across foreign exchange transactions. The move reflects intensifying efforts by major financial institutions to manage

Bank of America went live on CLS's cross currency swaps settlement service, expanding use of payment-versus-payment infrastructure to reduce settlement risk in FX markets. The integration allows the bank to settle currency exchanges simultaneously, eliminating gaps where one counterparty might

South Korean battery maker SK On ended its joint venture with Ford on May 21, taking sole control of its Tennessee EV battery plant as the partners unwound their 2022 tie-up amid weaker EV demand. SK On renamed the facility from BlueOval SK Tennessee to SK On Tennessee and completed the

The UK CBI industrial orders index fell to -41 in May, according to the latest data, missing the -40 forecast and weakening from the previous -38 reading.

According to Yonhap, SK On ended its joint venture with Ford on May 21, taking sole control of its Tennessee EV battery plant. The restructuring, completed five months after the breakup announcement, will reduce SK On's debt by approximately $3.6 billion and save about $180 million in annual