Global TradFi & Macroeconomics

According to Zhitong Finance, Hang Seng Index August futures opened at 26,001 points on Aug 3 and reported 25,992 points at 17:16 HKT, down 4 points or 0.015%, trading at a 17-point discount with 177 contracts

Decentralized exchange perpetual markets recorded a volume of $355.78 billion in July 2025, marking the lowest monthly total for the year across 17 venues including Lighter, Hyperliquid, and Aster. The decline follows a peak of $1.19 trillion in October 2025, with July's figure representing the

Cboe Global Markets has completed the sale of Cboe Australia to Canada's TMX Group, closing the first phase of a broader divestment announced in April. The Australian exchange now operates as TMX Australia Exchange, though financial terms were not disclosed. The transaction reflects Cboe's

The World Bank revised its 2026 Philippine economic growth forecast downward to 3.7% from 5.3%, citing the government's infrastructure corruption investigation as a primary factor alongside rising global energy prices. The investigation, which began in mid-2025 following allegations of corruption in

Cboe Global Markets has completed the sale of Cboe Australia to Canada's TMX Group, with the Australian exchange now operating as TMX Australia Exchange. Financial terms were not disclosed. The transaction closes the first phase of Cboe's broader divestment strategy announced in April, which also in

The Bank of Korea announced cooperation with the Korea Exchange, Korea Securities Depository, and domestic gold producer LS MnM on the 20th of last month to resume gold purchases after a 13-year hiatus. The central bank revealed it purchased a small amount of gold exchange-traded funds in the

The Bank of Korea (BOK) will resume gold purchases for the first time since 2013, the central bank announced. On the 20th of last month, BOK held an event with Korea Exchange (KRX), Korea Securities Depository (KSD), and domestic gold producer LS MnM to establish a cooperation framework for

According to Yonhapinfomax, South Korea's central bank announced on August 3 that it will purchase domestically produced gold for the first time since 2013. The BOK established a cooperation framework with the Korea Exchange, Korea Securities Depository, and domestic gold producer LS MnM to

South Korea's new 'multiple listing guideline' takes effect today (August 3), requiring a parent company's general shareholders to approve when a spun-off subsidiary seeks to list on the stock exchange. The rule limits major shareholders' voting rights to 3%, preventing controlling shareholders

According to CompaniesMarketCap, Chixintec's market cap climbed 1.89% in 24 hours to reach approximately $576.9 billion today, ranking the company 24th globally.

According to Korea Exchange data released on Aug 3, Kosdaq's total market capitalization fell 18.96% from 505.93 trillion won at year-end 2025 to 410.01 trillion won as of today, while foreign investors' holdings declined only 1.43% to 49.49 trillion won, allowing their ownership stake to rise to 12

According to Jin10 Futures, nickel futures traded mixed today (August 3), with London nickel opening lower and key support at $17,000 per ton. Refined nickel in Shanghai closed slightly down amid limited purchasing and modest offtake. Nickel briquettes saw small fresh supply releases at slightly

In their latest Q2 earnings disclosures, Meta, Microsoft, Alphabet and Amazon raised their 2026 capital expenditure guidance to a combined $750 billion, up significantly from $455.8 billion in 2025. Meanwhile, UBS projects that AI-related capital spending growth will decelerate from current high

According to Reuters, memory chip maker Long Xinxin Storage plans to build a second chip factory in Beijing and is negotiating its financing sources.

According to Yonhap Infomax, Japan's Nikkei 225 index fell 607.12 points (0.94%) to close at 63,754.90 on Aug 3, while the TOPIX declined 1.08% to 3,960.03. The weakness followed joint currency market intervention by Japan

Goldman Sachs added Samsung Electronics to its August Asia-Pacific (APAC) conviction list with a target price of 49 million won. The investment bank cited expectations that memory demand will significantly exceed supply through 2028 driven by AI investment expansion. The APAC conviction list

Globalstar (GSAT) rose nearly 3% in July while AST SpaceMobile, Rocket Lab and SpaceX each lost more than a third of their value. The stock was supported by Amazon's $11.6 billion takeover agreement announced in April, which gave Globalstar a defined deal value while most rival space stocks

South Korea's KOSPI index fell 5.1% to close at 6,257.45 on August 3, one day after recording a 17.9% surge on July 31. Samsung Electronics and SK Hynix each dropped over 8%. According to Bloomberg and the Economist, the extreme volatility prompted comparisons to casino trading, with the index's

Amazon.com Inc. (AMZN) stocks gained in premarket trading on Monday as analysts raised price targets following the company's better-than-expected earnings and strong cloud business performance. The upgrades came after Amazon's AWS revenue surged 37% year-over-year and quarterly revenue rose 20% to $

Korea's Return to Korea Investment Account (RIA) recorded its first monthly net outflow in July, with 526.8 billion won withdrawn from the accounts, according to data from the Korea Financial Investment Association. The outflows occurred as domestic stock market corrections prompted investors to