Global TradFi & Macroeconomics

Overnight SHIBOR rose to 1.2891% on November 3, up 0.31 basis points. Seven-day SHIBOR fell to 1.3420%, down 2.1 basis points, while three-month SHIBOR declined to 1.4015%, down 0.35 basis points.

Korean securities firms saw significant expansion in equity-linked securities (ELS) reserve funds over the past month as stock market volatility drove ELS issuance to 3.56 trillion won in net terms, reversing the previous month's 6.7 trillion won net redemption. The surge stems from heightened stock

TSMC-related stocks are drawing market attention: Tech media outlet DIGITIMES reports that Elon Musk’s position on the Terafab partnership with TSMC has reportedly shifted toward a more pragmatic stance, with both sides planning to renegotiate. Musk had initially insisted that Tesla and SpaceX build and operate the facility themselves, with TSMC allowed to lease only part of it at most. Musk’s Terafab stance reportedly shifts, with both sides planning to renegotiate According to DIGITIMES, Musk’

According to Yonhapinfomax, South Korea's equity-linked securities (ELS) net issuance reached approximately 3.56 trillion won in the past month as of November 3, reversing a decline of 6.7 trillion won in the previous month. The surge reflects increased investor demand for ELS as stock market

According to the China Meteorological Administration, a super-strong El Niño event formed in the equatorial central-eastern Pacific in September 2026 and has developed into the strongest El Niño on record by October. The event is expected to reach its peak in late autumn and early winter, with

According to Bloomberg Businessweek Daily, Robinhood CFO Shiv Verma said on Monday (November 3) that the brokerage is pushing for retail investors to receive 10% to 20% of Anthropic's IPO allocation. Historically, retail investors have received just 1% to 5% of major private-market

Gate News: According to an official Gate announcement on November 4, 2026, to mitigate the risks of increased market volatility, declining liquidity, wider spreads, and price gaps during the U.S. midterm elections, Gate CFD will temporarily cap leverage on certain trading instruments with multiple leverage tiers from 07:00 to 15:00 Beijing time on November 4. The restricted trading instruments include gold (XAUUSD, maximum leverage 50x), silver (XAGUSD, maximum leverage 50x), crude oil (XTIUSD,

According to Yonhapinfomax, E-mini S&P 500 futures rose 0.19% to 7,588.50 during early Asian trading on November 3, while tech-focused E-mini Nasdaq-100 futures gained 0.37% to 28,233.25. Apple's fiscal Q4 earnings fell short of market expectations, with the company declining 2% in after-hours tradi

Marvell announced a $115 billion all-stock acquisition of optical component maker Lumentum on November 3, but the deal sparked sharp market selloff. Lumentum shares plunged 18.6% to $684.40, becoming the worst performer in the S&P 500 that

DTCC (the U.S. Depository Trust & Clearing Corporation) recently officially launched DTCC Tokenization Services (DTS), bringing 20 major Wall Street institutions onto a blockchain-based platform that allows institutions to tokenize eligible assets and circulate them in supported wallets. DTS initially supports 34 assets, including Russell 1000 Index stocks, major index ETFs, and U.S. Treasuries; DTC has more than $114 trillion in assets under custody. JPMorgan, Citigroup, Fidelity and 17 Other I

According to Shanghai Steel Union, battery-grade lithium carbonate (MMLC) prices rose to 93,800 yuan/ton in early trading today (November 3), up 100 yuan/ton from yesterday's 4:30 PM close.

Southeast Asia Commercial Joint Stock Bank (SeABank, HoSE: SSB) reported third-quarter 2026 pre-tax profit of VND 1.315 trillion, up 37.5% year over year, as the bank made progress in managing its assets and optimizing its revenue mix. The bank continued to expand its consolidated asset base, which reached VND 429.376 trillion as of September 30, 2026. Amid competition in Vietnam’s financial and banking market, SeABank’s strategy for managing digital and traditional assets entered a phase of adj

According to PIMCO and Danske Bank analysis, the Federal Reserve's October 28 decision to hold the federal funds rate at 3.75%-4.00% does not signal a shift to dovish policy, but rather a pause to assess the cumulative impact of recent tightening on the economy. However, economist Robin Brooks

According to a statement from Hong Kong Securities Futures Commission executive director Wu Jialing on Nov 3, the SFC will introduce an "Innovation Pathway" to combine tokenized funds with digital currencies, aiming to enhance liquidity and asset management efficiency. The first batch of tokenized m

In the second quarter of fiscal 2026, CDC Construction Joint Stock Company reported total assets of VND 2,730 billion, of which 51% was receivables, amounting to VND 1,390 billion. Financial expenses rose 2.7-fold, while operating cash flow turned negative at VND 15 billion, mainly due to a sharp 21% increase in receivables since the start of the year. This is a warning sign for the company’s asset management, as its liabilities-to-equity ratio reached 3.3x, a relatively high level in the constr

Apple (AAPL) held its quarterly earnings call on November 2, as investors focused on supply bottlenecks for the iPhone Duo: COO Sabih Khan said that supply of the iPhone Duo is currently constrained and that the company cannot predict when supply and demand will come into balance. Apple’s overall performance this quarter exceeded Wall Street expectations, with revenue of $114.5 billion and iPhone sales of $57.58 billion. iPhone Duo Supply Timeline: Online Order Waits Extend to Late January 2027

According to Jin10, Shanghai gold traded at 847.21 yuan per gram on Tuesday, November 3, early session, trading 1.69 yuan higher than the international gold price of 845.52 yuan per gram.

Khang Dien House Trading and Investment Joint Stock Company (KDH) reported a 96.2% year-over-year decline in net revenue from business operations in its third-quarter 2026 report, to VND 41.4 billion. Revenue from real estate transfers — formerly its main segment — plunged from VND 1,080.2 billion to just VND 25 billion. However, thanks to major financial transactions and the management of financial assets, net profit for the first nine months of the year still rose 50.8% to VND 1,267.7 billion.

According to Jin10 Futures, China's money market sentiment index, as tracked by CNEX, fell to 49 as of 10:15 on November 3, down 1 point from 08:45. The index for large banks, mid-size banks, and non-bank institutions stood at 46, 49, and 51 respectively, each declining 1 point. The index ranges fro

The Seoul Foreign Exchange Market Operating Council held a two-day seminar starting on the 30th of last month to discuss the calculation method for the 4 PM Time Weighted Average Price (TWAP) that will serve as the new benchmark exchange rate starting January next year. The seminar brought