Global TradFi & Macroeconomics

According to the China Federation of Logistics & Purchasing survey released on August 17, in the week of August 10-14, 2026, 32 of 50 tracked major commodities (64%) rose in price, 15 (30%) fell, and 3 (6%) held steady. By sector, non-ferrous metals gained 1.0%, chemicals up 0.6%, energy up 0.5%, a

According to Jin10, offshore Chinese Yuan Hong Kong Interbank Offered Rate (CNH HIBOR) on August 17 showed mixed movement across main tenors. Overnight HIBOR declined 1 basis point to 1.36833%, marking the lowest level since January 2. Meanwhile, Hong Kong Monetary Authority's 30 billion yuan

According to SoSoValue data, Hyperliquid (HYPE) spot ETFs saw net inflows of $2.7422 million during the trading week ended August 14. Bitwise ETF BHYP led with $1.5574 million in weekly inflows, bringing its cumulative net inflows to $112 million, while Grayscale ETF HYPG recorded $1.1848 million in

According to Deutsche Bank's August 13 report, gold is in its fifth major bull phase since 1979, with a fair value range of $4,700–$5,100 per ounce. The bank's base model shows current fair value at approximately $4,700, implying around 20% upside from current levels. The rally, running for

According to SoSoValue data, Solana spot ETFs recorded net inflows of $10.26 million during last week's trading days (Aug 10-14). Bitwise's BSOL led with $8.83 million in weekly inflows, bringing its total historical inflows to $900 million. Morgan Stanley's MSOL followed with $1.43 million in weekl

According to SoSoValue, XRP spot ETFs recorded net inflows of $2.25 million during last week's trading days (Aug. 10-14). Bitwise XRP ETF led inflows with $2.251 million. XRP spot ETF total assets under management reached $933 million, with cumulative net inflows reaching $1.51

According to ChainCatcher, Duquesne disclosed a $23 million stake in Hyperliquid Strategies Inc (NASDAQ: PURR) in its Q2 2026 13F filing submitted to the SEC. The position was first revealed as of June 30, marking Duquesne's initial investment in the digital assets treasury

According to SoSoValue, Ethereum spot ETFs saw net outflows of $2.26 million in the trading week ending August 14 (US Eastern Time). BlackRock's ETHA recorded the largest outflow at $16.39 million for the week, while Grayscale's Ethereum Mini Trust ETH led inflows with $15.07 million. Total assets u

According to SoSoValue data, Bitcoin spot ETFs saw net outflows of $390 million during the week ending Aug 14 (Aug 10-14, U.S. Eastern Time). Fidelity's FBTC recorded the largest weekly outflows at $153 million, while Grayscale's GBTC experienced outflows of $88.3 million over the same period.

Index provider MSCI has proposed a new classification methodology that could remove Bitcoin treasury stocks such as Strategy (MSTR) from the MSCI ACWI IMI Index; JPMorgan estimates that Strategy alone being removed could trigger approximately $2.8 billion in passive outflows. Potentially affected companies include Strategy, Metaplanet, and uranium company Yellow Cake. MSCI’s Non-Operating Company Screening Mechanism MSCI’s new screening mechanism uses a two-step process. First, it reviews whethe

According to Jin10 Futures data, as of August 17, 11:33 (China time), China's domestic futures contracts saw mixed capital flows. Shanghai gold 2610 led inflows with 1.598 billion yuan, followed by Shanghai silver 2610 at 1.240 billion yuan and Shanghai copper 2609 at 1.140 billion yuan. On the

According to Bloomberg, Alphabet, Amazon, Meta, and Microsoft are projected to collectively spend $740 billion on AI infrastructure in 2026, with potential increase to $1 trillion in 2027. Some tech giants are turning to debt and equity financing as capital expenditures accelerate, as elevated U.S.

According to Jin10, on August 17, Japan's 10-year bond yield rose 5.5 basis points to 2.93%, marking the highest level since 1996, while the 30-year yield climbed 5 basis points to 4.06%. The surge was driven by fiscal concerns and growing market expectations for Bank of Japan rate hikes in

Bitwise CEO Hunter Horsley said in an interview that this summer, two financial institutions managing more than $1 trillion in investor assets each approved crypto products, but did not disclose the institutions’ names or the specific approvals. Sygnum Chief Investment Officer Fabian Dori said the era of opposition has ended, with banks shifting from resisting digital assets to building and distributing services through custody, tokenization, and regulated trading. Bitwise CEO Statement: Two Tri

According to Citi and JPMorgan this week, the S&P 500 has surged approximately 4% in August and closed above 7,800, with Citi raising its year-end target to 8,100 points and JPMorgan to 8,000 points, implying potential 16.5% gains for the index this year. The rally has been driven by strong

According to Reuters, global raw sugar futures reached 17.11 cents per pound this week, marking the highest level in over a year. The U.S. Climate Prediction Center said last Thursday that El Nino is intensifying, with the probability of an extreme El Nino event during the 2026-2027 Northern

According to Guru Club, polysilicon futures main contract fell sharply today (August 17), with daily gains narrowing to 0.68% to trade at 38,650 yuan per ton. The contract had earlier surged nearly 7% during the

According to Jin10 citing Qianzhan data, China's securities app market reached 187 million monthly active users in July 2026, up 0.69% month-over-month and 12.11% year-over-year, marking the fifth consecutive month of month-over-month growth and the highest level this year. Among third-party securi

Investors had already expressed concerns about an estimated $70B in “shadow liabilities” not reflected on the balance sheets of major artificial intelligence companies before major AI stocks such as NVIDIA (NVDA) announced financing partnerships totaling $500 billion. NVIDIA’s financing plan means the company may provide tens of billions of dollars in “residual value support” for debt transactions related to AI infrastructure, essentially leveraging its strong credit rating to help customers low

According to Morgan Stanley's August 14 report, DDR4 and SLC NAND memory prices are expected to rise 50% in the third quarter of 2026, with DDR4 potentially gaining another 10% in the fourth quarter. The investment bank projects SLC NAND supply constraints may extend into 2027, with NOR Flash prices