Global TradFi & Macroeconomics

According to Jin10 Futures, as of 4 p.m. on November 2, the CFETS-NEX China yuan funding sentiment index fell 7 points to 48, down from 55 at 2:30 p.m. Among sectoral indices, large banks reported 45, mid-sized banks 48, and non-bank institutions 50, each declining 7 points.

According to Danske Bank analyst August Hyldgaard, Fitch has adjusted France's credit rating outlook to negative, a move outside the regular review calendar. The downgrade is expected to fuel continued weakness in the euro. Fitch cited economic slowdown, rising borrowing costs, and expanding

European stock indices opened mixed today (November 2). The Stoxx 50 index rose 0.03%, while the FTSE 100 fell 0.22%, the CAC 40 declined 0.06%, and the DAX dropped 0.12%.

According to Shanghai Gold Exchange, on November 2, the exchange released trading data with Au(T+D) compensating shorts (空付多) and Ag(T+D) compensating longs (多付空). The data was aggregated from trading sessions on October 30 (20:00 to next day 2:30) and November 2 (9:00 to 15:30).

According to Iran's Foreign Ministry spokesperson Baghaii on November 2, Iran can fully implement its condensed "seven-day plan" within two days, which includes restoring security to the Strait of Hormuz. However, Baghaii stated that the implementation of this plan, the start of negotiations, and th

According to Jin10, foreign exchange options including EUR/USD, USD/JPY, and GBP/USD will expire on November 2 at 23:00 UTC+8. Seven strike prices with orders exceeding 1 billion each are set to mature at this

According to Yonhap Infomax, POSCO Holdings decided on November 2 to use approximately 250 billion KRW (10% of 2.5 trillion KRW) from recent asset sales of POSCO International and POSCO DX shares for self-conducted share buybacks and cancellations within the year. The company cited current stock

According to PNJ's Q3 2026 report, inventories stood at nearly VND 18.9 trillion, while cash was down to about VND 1.325 trillion, creating repayment pressure amid borrowings of more than VND 4.3 trillion. The company added a VND 700 billion loan from Chairwoman Cao Thị Ngọc Dung to improve liquidity amid pressure from its product buyback and trade-in operations. With all borrowings due in the short term, collateral management and maturity schedules have become important factors in the company's

According to ChainCatcher, Alphabet initiated its second euro-denominated bond issuance of 2026 this week, structuring the offering across seven tranches with maturities ranging from 2 to 19 years. The shortest-dated bond carries a spread of approximately 60 basis points, while the longest-dated tra

According to Securities Times, China's central bank held a meeting this morning with securities companies, fund managers, and commercial banks to discuss the further refinement of the Securities, Funds, and Insurance Swap Facility (SFISF) and stock buyback and equity increase re-lending policy

According to Jin10 Futures, on November 2, pulp futures warehouse inventory increased by 1,442 tonnes to 423,438 tonnes, while fuel oil futures inventory declined by 3,700 tonnes to 52,300 tonnes. Other energy and chemical commodity inventories on the Shanghai Futures Exchange remained

According to Shanghai Futures Exchange data, on November 2, inventories of major industrial metals declined across most contracts. Copper futures inventory fell 399 tons to 10,600 tons, aluminum dropped 1,223 tons to 57,293 tons, and zinc declined 594 tons to 60,632 tons. Among precious metals,

According to Jin10 futures, as of 2:28 PM on November 2, China's major futures contracts saw significant capital flows. The CSI 1000 (primary contract) recorded inflows of 2.471 billion yuan, followed by Shanghai-Shenzhen 300 with 1.039 billion yuan and rebar (January 2027) with 305 million yuan.

According to Investing.com, on November 1, market expectations suggest the Reserve Bank of Australia will raise its benchmark interest rate by 25 basis points to 4.85% at its November policy meeting. Futures markets price in a 78% probability of a rate hike this month, which would mark the fifth

According to 21st Century Business Herald, China's central bank and securities regulator will hold a working meeting tomorrow morning (November 3) to research measures supporting the use of capital market

According to Jin10 Data, BP completed the sale of its Castrol lubricants business on November 2, receiving $6 billion in proceeds to reduce debt and strengthen its balance sheet. The company sold a 65% stake in Castrol to U.S. investment firm Stonepeak Partners following an agreement reached in

According to IEA data and industry reports, the five major oil giants—ExxonMobil, Chevron, BP, Shell, and TotalEnergies—posted combined net profits of approximately $56 billion in Q3 2026 amid escalating US-Iran conflict, with BP alone reaching a record $8.5 billion driven by refining operations.

The dollar-yen exchange rate rose 0.18% to 157.840 yen as of 2:05 PM on November 2nd in the Tokyo forex market, driven by position adjustments ahead of the US midterm elections on the 3rd and dollar purchases by Japanese importers and other real demand entities. The increase reflected month-start

According to the U.K. Maritime Trade Operations (UKMTO), a tanker was struck by two unidentified projectiles on its port side at 23:47 UTC on November 1, approximately 72 nautical miles east of Ras Tannurah, Saudi Arabia. The vessel was transiting southeast through the Gulf waters at the time of the

According to Goldman Sachs via CNBC on November 1, the investment bank raised its oil price forecasts for December and 2027, citing increased supply disruption risks from the Russia-Ukraine war and Middle East conflicts. The bank adjusted its December Brent crude forecast from $90 to $105 per