Global TradFi & Macroeconomics

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

The Chinese yuan's central parity rate against the U.S. dollar was set at 6.7156 today, up 24 basis points from yesterday's 6.7180, according to data from China Foreign Exchange Trade System.

SK Biopharm reported third-quarter operating profit of 116.3 billion KRW on November 5, representing a 65.9% increase from the previous year and exceeding market expectations. The South Korean pharmaceutical company achieved revenue of 258.4 billion KRW in Q3, up 34.8% year-over-year, driven by

SK Biopharm disclosed on November 5 that its third-quarter operating profit reached 116.3 billion won, up 65.9% year-over-year, beating market consensus estimates. Revenue for the period totaled 258.4 billion won, a 34.8% increase from the prior year. The company's core epilepsy treatment

According to Xingye Futures, crude oil futures slumped sharply on Nov 5, with SC crude declining nearly 9%, as geopolitical premium rapidly retreated following the U.S. midterm elections. Republicans lost control of Congress, reducing market expectations that the Trump administration would

Foreign investors' dollar futures trading in the Seoul foreign exchange market showed a significant increase in directional alignment with the USD-KRW exchange rate in October, according to data analysis. The match rate reached 95% during October (19 of 20 trading days), compared to just 57.7%

EcoPro BM announced on November 5 that it recorded third-quarter revenue of 557.9 billion won and operating profit of 12 billion won, representing an 11% and 76% decline year-over-year respectively. The South Korean battery cathode material manufacturer attributed the performance decline to

The US Treasury Borrowing Advisory Committee (TBAC) assessed artificial intelligence circular financing as a deliberate structural feature rather than a flaw, according to a report released on the 4th. The committee, composed of executives from major banks and investment firms advising on

According to Yonhap Infomax on November 5, EcoPro BM reported third-quarter revenue of 559.4 billion Korean won with operating profit of 12 billion won, marking significant declines from the prior year. Revenue fell 11% year-over-year while operating profit dropped 76%, with the company posting a ne

According to Yonhap Infomax, the correlation between foreign investors' dollar futures net trading and USD-KRW exchange rate movement reached 91.3% through November 4, with 21 out of 23 trading days showing directional alignment. The Pearson correlation coefficient jumped to 0.75 in the October 1–No

According to the U.S. Treasury Borrowing Advisory Committee (TBAC), technology companies' capital expenditures are projected to reach nearly $1 trillion in 2026 and exceed $1.7 trillion in 2027, far surpassing their revenues and requiring $735 billion in new debt to close the financing gap, as

Foreign investors net purchased approximately 14,000 contracts of 3-year Korean treasury futures on the previous trading day, driving bond market movements as Seoul's market opened on November 5. The heavy buying occurred amid concerns about semiconductor company valuations following the US

According to Guru Club, polyethylene futures contracts hit limit down on November 5, declining 6% to 8,838 yuan per ton.

According to Yonhapinfomax, foreign investors purchased net 14,000 three-year government bond futures contracts on November 4. Open interest rose by approximately 13,600 contracts, suggesting new position building rather than short

According to CEO Vlad Tenev's announcement, Robinhood outlined a two-year timeline for formal code verification across its platform. The initiative will begin with safety-critical components, aiming to enhance platform reliability and

According to ZhengXin Futures' November 5 report, tin prices experienced some macro pressure relief following the U.S. midterm elections, which triggered a rebound in precious metals and technology stocks. On the supply side, Myanmar's Wa State tin ore output recovery remains limited at

According to Jin10 Futures, the CNEX mainland yuan funding sentiment index held steady at 47 as of 08:45 on November 5, unchanged from 16:00 the previous day. By institution type, large banks reported 44, mid-sized banks 47, and non-bank institutions 49, all flat. The index ranges from 0 to 100,