Global TradFi & Macroeconomics

On Friday, July 31, European stock indices opened with mostly gains. Germany's DAX 30 led with a 155.69-point advance, up 0.61% to 25,730.19. Italy's FTSE MIB climbed 272.62 points, up 0.52% to 52,377.00. Europe's Stoxx 50 rose 0.41% to 6,370.55, while France's CAC 40 and Spain's IBEX 35 posted

Korean stocks recorded unprecedented single-day volatility on the 31st, with the KOSPI surging over 1000 points to close at 6595.45, an 18% gain marking the largest percentage and point increase in the index's history. The rally was attributed to Microsoft Azure's annual revenue surpassing $100

European stock indices opened mixed on July 31. Germany's DAX index gained 0.54%, while the Stoxx Europe 50 rose 0.39% and France's CAC 40 added 0.02%. The UK's FTSE 100 declined 0.07%.

As of 3 p.m. Beijing time today (July 31), spot platinum declined 1.16% while spot palladium fell 1.27%.

According to Foresight News citing SoSoValue data, Ethereum spot ETFs saw net inflows of $132.87 million on July 30 (yesterday). BlackRock's ETHA led with single-day net inflows of $162.42 million, bringing its historical total to $1.1446 billion. Bitwise's ETHW ranked second with inflows of $13.75

According to Citrini analyst jukan on X, Kioxia's Q1 operating profit reached 1.27 trillion yen, falling short of market expectations of 1.37 trillion yen. The memory chip maker also announced a 1-for-3 stock

According to Kioxia's first-quarter earnings released today (July 31), net profit was 842.17 billion yen, falling short of market expectations of 973.81 billion yen but representing a significant increase from the prior year's 182.8 billion yen. Despite sustained strong demand for NAND flash

China's National Development and Reform Commission (NDRC) raised domestic gasoline and diesel (standard grade) prices by 685 yuan and 655 yuan per ton, respectively, effective from 24:00 on July 31, based on changes in international oil prices.

According to Yonhap Infomax, South Korean pharmaceutical company Chong Kun Dang on July 31 reported provisional Q2 2026 results on a standalone basis: revenue of 475.4 billion Korean won, up 10.7% year-over-year, and operating profit of 19.9 billion won, down 10.1% year-over-year. The company's

According to Jin10, eight large foreign exchange option contracts are set to expire on July 31 at 10:00 PM Beijing Time, covering major pairs including EUR/USD, USD/JPY, GBP/USD, and AUD/USD. Each strike carries notional value exceeding $1

According to Yonhapnews, this week on July 29, AI-related stock volatility led to margin call pressures on Situational Awareness, a hedge fund led by Leopold Aschenbrenner, a 25-year-old former OpenAI researcher. Aschenbrenner, known in AI circles for his predictions on artificial intelligence

France's Producer Price Index declined 0.6% month-over-month in June. The previous month's reading was revised to -0.2% from the initially reported -0.30%.

Meta Platforms, Inc. (META) outperformed Alphabet Inc. (GOOGL) and Tesla Inc. (TSLA) among the Magnificent Seven in July, with META Stocks falling about 4% compared to Alphabet's 6% drop and Tesla's 27% plunge. Morningstar maintained its $850 fair value estimate on Meta, implying a 58% upside from c

France's July consumer price index rose 2.1% year-over-year in its preliminary reading, exceeding economist expectations of 1.8% and matching the prior month's 1.8% increase.

On July 30 evening, Southern Dragon issued a statement clarifying that its leveraged SK Hynix ETF (07709.HK) will maintain 2x leverage under the new flexible leverage structure taking effect on August 3. The fund manager will not actively adjust leverage levels based on market judgments, the

France's producer price index rose 2.6% year-on-year in June. The previous month's reading was revised upward to 3.1% from an initially reported 3.0%.

France's July harmonized CPI year-on-year initial reading came in at 2.4%, exceeding the consensus forecast of 2.1% and rising from the previous month's 2.0%.

France's July consumer price index came in at 0.6% month-over-month (initial reading), beating expectations of 0.30% and marking a sharp reversal from the previous month's decline of 0.30%.

According to Morningstar, Meta Platforms Inc. (META) outperformed Alphabet Inc. (GOOGL) and Tesla Inc. (TSLA) in July, with shares down about 4% compared to Alphabet's 6% decline and Tesla's 27% plunge. Morningstar maintained its $850 fair value estimate on Meta, implying 58% upside from current

According to Bank of Japan Governor Kazuo Ueda, interest rates have continued to rise since the central bank's rate hike last month.