Global TradFi & Macroeconomics

According to Yonhap Infomax, U.S. President Donald Trump said on November 2 that Iran is willing to reach a deal and has pledged not to acquire nuclear weapons. Trump stated, "They already understand and recently said so themselves—that they will not have nuclear weapons." He added that the U.S. wil

Binance founder Changpeng Zhao (CZ) publicly called on Elon Musk on X on October 30 to stop mocking the Binance hack. CZ also revealed that Binance holds more than $1 billion worth of SpaceX shares (ticker: SPCX), which came from Binance's $500 million investment in Musk's acquisition of Twitter in 2022. October 30 Timeline: From Musk's 「😬」 to CZ's SPCX Reveal Based on the timestamps of the X posts, the events of October 30 unfolded as follows: 06:23: CZ posted that the losses could be somewhat

China's major oil companies traded lower today (November 3). PetroChina (00857.HK) fell over 5%, while China National Offshore Oil Corporation (00883.HK) and China Petrochemical Corporation (00386.HK) each declined over 4%.

In the early hours of Nov. 3 Beijing time, Palantir (NASDAQ: PLTR) delivered a quarterly report that was nearly impeccable in terms of absolute growth rates. Revenue was $2.313 billion, up 96% year over year and 20% quarter over quarter, surpassing $2 billion in a single quarter for the first time since going public. U.S. commercial revenue was $984 million, up 148% year over year and 29% quarter over quarter, exceeding U.S. government revenue ($953 million) for the first time. GAAP net income w

The US stock market fell sharply last week, but the Volatility Index (VIX), known as Wall Street's 'fear gauge,' showed an unusually limited response, according to analysis released on the 2nd (local time). The S&P 500 index dropped approximately 2% on the 30th, marking its worst week since June,

Bitcoin continued its weak decline, trading at around $77,290 as of November 3. Morgan Stanley downgraded Coinbase, slashing its price target by 53% to $120 and expressing pessimism about the company’s recovery prospects. Another 12 companies, including NVIDIA, Costco, Nike, and Micron, joined the opposition to OKXICE’s tokenized U.S. stocks, bringing the total number of companies that have spoken out to 50. Macro Events & Crypto Hot Topics Following Microsoft and McDonald’s, another 12 companie

According to CNBC on November 2, the S&P 500 declined approximately 2% over the past 30 days—its worst week since June—while the VIX (Chicago Board Options Exchange Volatility Index) rose only moderately to 19.4 after briefly touching its highest level since April. Analysts note the muted VIX

According to Boris Hoffmann, head of monetary policy at the Bank for International Settlements (BIS), and Matthias Caldorf, chief economist at Germany's Deutsche Bundesbank, researchers published findings on November 2 analyzing the macroeconomic impact of large-scale dollar stablecoin issuance.

According to Goldman Sachs on November 3, if Middle East oil production disruptions persist, Brent crude prices could average $130 per barrel in 2027. The bank projects that if oil output remains 3.5 million barrels per day below 2025 average levels, Brent crude could reach $140 per barrel with

SC crude oil futures main contract fell 8% intraday today, trading at 685.40 yuan per barrel as of the latest quote.

The Bank of England (BOE) faces growing expectations for a rate hike this week, with a decision scheduled for the 5th, as surging energy prices drive inflation concerns. ING Bank stated in a report on the 2nd that the deepening energy crisis has made it difficult for the BOE to avoid taking

Seoul foreign exchange market participants have repeatedly submitted bid-ask quotes significantly divergent from market prices during overnight and early morning hours for several months. On November 2 at 7:02 AM, Seoul Foreign Exchange Brokers and Korea Money Brokerage recorded an 80 won spread

Patrick De Haan, head of petroleum research at GasBuddy, forecasted that US national average gasoline prices could fall below $4 per gallon next week. De Haan posted on X that the oil market dropped significantly after Trump signaled a preference for negotiations over new attacks on Iran. The

As of 09:30 Beijing time on November 3, New York gold futures declined 0.08 percent, silver futures fell 0.83 percent, and copper futures dropped 0.57 percent.

According to ING Bank analysis, the Bank of England is expected to raise rates by 25bp on November 5, with market pricing in potential additional hikes through early 2027 as surging energy prices reignite inflation pressures. ING noted in a November 2 report that deepening energy crisis leaves BOE w

According to Yahoo Finance, Elon Musk posted on X on November 1 that Grok's operational costs are unsustainably high relative to revenue. In response to a user complaint about rapid Grok usage depletion, Musk indicated the service's cost structure requires restructuring. SpaceX shares rose 1.22% on

According to Yonhap Infomax, excessive bid-ask spreads have distorted exchange rate data in Seoul's forex market since September, with quotes diverging by as much as 167 won. On November 2, spreads of 80 won were recorded in early morning trading, causing cross-rate calculations using the won-yen ex

According to Iran's President on November 3, the Supreme Leader has authorized the government to engage in negotiations. Oil prices declined following the statement.

As of November 3, 2026, the Bitcoin white paper has marked its 18th anniversary. On October 31, 2008, Satoshi Nakamoto published the document on a cryptography mailing list, proposing a peer-to-peer electronic cash system. The U.S. SEC approved the listing of multiple Spot Bitcoin ETPs in 2024, and a $6.3 billion hack at Binance in 2026 once again sparked industry discussion about self-custody. Satoshi Nakamoto published the white paper in 2008, addressing the double-spending problem in digital