Global TradFi & Macroeconomics

According to Oxford Economics on November 4, the organization raised the risk of a U.S. government shutdown in mid-December following midterm election results. The institution identified potential budget adjustment bills related to defense spending during a potential Trump administration lame-duck p

According to Yonhapinfomax, South Korean battery material manufacturer Lotte Energy Materials posted third-quarter earnings on November 5, with consolidated revenue of 289.7 billion won and operating loss of 21.3 billion won. Revenue surged 101.6% year-over-year, surpassing market expectations,

e.l.f. Beauty (NYS:ELF) reported second-quarter fiscal 2027 earnings on local time November 4 that more than doubled Wall Street expectations and raised its full-year outlook. The affordable beauty brand posted adjusted earnings per share of $1.21 for the quarter ended September, compared to

According to Yongan Futures report on November 5, bitumen spot prices in Jiangsu fell 50 yuan/ton and Shandong declined 10 yuan/ton. Weakening cost support from lower crude oil prices amid U.S.-Iran tensions easing and seasonal demand decline drove the selloff. Despite inventories remaining at

According to CNBC, on November 4, ELF Beauty reported adjusted Q2 EPS of $1.21, more than double Wall Street's $0.60 expectation, while Q2 revenue surged 51% year-over-year to $520.8 million, exceeding consensus of $473 million. The company raised its FY2027 revenue guidance to $2.0–$2.03 billion

As of 09:30 Beijing time on November 5, New York gold futures rose 0.99%, silver futures gained 0.48%, while copper futures fell 0.70%.

China's A-share precious metals sector opened higher on November 5, with Chifeng Gold and Xiaocheng Tech rising over 7%. Other constituents including Shanjin International, Zhaojin Gold, Sichuan Gold, and Hunan Silver followed suit with

American Bitcoin disclosed a net profit of $126 million in the third quarter of 2026. The figure represents the company's latest quarterly earnings results in the period.

Seoul forex dealers forecast on November 5 that the USD-KRW exchange rate will fall to the 1,330 won range but remain supported at lower levels due to bargain buying. The Democratic Party's stronger-than-expected victory in the US midterm elections weakened the dollar as concerns grew over reduced p

According to the Financial Services Commission (FSC), South Korea approved a new cornerstone investor mechanism for initial public offerings on Tuesday to curb post-listing stock sell-offs. Under the scheme, institutional investors committing to hold shares for at least six months will receive

JPMorgan Asset Management included Bitcoin in its 2027 Long-Term Capital Market Assumptions (LTCMA), estimating its correlation with U.S. large-cap stocks at just 33%, below that of international equities, corporate bonds, and hedge funds. Grayscale Head of Research Zach Pandl noted that JPMorgan expects Bitcoin to deliver a 10% baseline annualized compound return over the next decade, with annualized volatility of 55%; its expected return is higher than that of all other asset classes. JPMorgan

U.S. crude oil (WTI) and Brent crude each declined more than 1% during intraday trading on November 5, now trading at $87.04 and $92.87 per barrel respectively.

The results of the U.S. midterm elections on November 4 fueled a sharp rally across global financial markets, with stocks and cryptocurrencies strengthening in tandem. CMC data showed Bitcoin reclaimed the $80k mark, reaching a high of $81,196. Democrats won control of both chambers of Congress in the midterms, and President Trump said he was willing to accept the results and work with Democrats. Together with growing expectations of an early easing of the U.S.-Iran conflict, this fueled a broad

According to Gate's market data, U.S. stock index futures declined today: Nasdaq-100 futures fell 1.3%, S&P 500 futures dropped 0.31%, while Dow Jones futures rose modestly by 0.12%.

According to the People's Bank of China, the central bank conducted 263 billion yuan in overnight reverse repurchase operations today at an interest rate of 1.25%.

The Democratic Party's victory in securing control of the US Senate in the midterm elections has created what analysts describe as the strongest institutional check yet on President Donald Trump's efforts to restructure the Federal Reserve. Nick Timiraos, a Wall Street Journal reporter widely

Hyundai Department Store's mattress subsidiary Zinus posted better-than-expected Q3 results, boosting the parent company's overall performance. The subsidiary's operating loss shrank to less than half of the previous quarter, pushing Hyundai Department Store's operating profit above market

According to Nick Timiraos of the Wall Street Journal, on Nov 4, Democrats' control of the U.S. Senate creates the strongest obstacle to President Trump's efforts to restructure the Federal Reserve. Trump appointed Kevin Warsh as Fed Chair earlier this year, but the Fed Board remains majority-contro

According to Jin10 Futures, as of 9:20 a.m. on November 5, multiple commodity options posted significant gains, with put options on crude oil futures for December 2612 contract rising 241.28% to 18.6 yuan per barrel. Other notable movers included PTA put options (December 2612, strike 6000)

Apple shares surged 5.3% on November 4, closing at $349.51 per share and marking the stock's largest single-day gain in over a year, according to Luke Rahbari, executive director of Equity Armor Investments. The rally propelled Apple's market cap to $5.08