Global TradFi & Macroeconomics

Deere & Company (NYSE: DE), the world's largest agricultural machinery manufacturer, saw its stock surge 6% on August 20 (US local time) following the release of fiscal third-quarter earnings (May-July) that exceeded market expectations. The company reported earnings per share of $5.10, surpassing t

According to CNBC, on August 20, Deere & Company (NYSE: DE) reported third-quarter earnings per share of $5.10, exceeding LSEG's consensus estimate of $4.70. Revenue reached $11 billion, surpassing the consensus projection of $10.73 billion. The company also raised its full-year net income

According to Wall Street analysts, on Thursday (August 20), U.S. Treasury Secretary Bessent's expanded long-dated debt buyback program failed to durably suppress bond yields. After the Treasury announced it would at least double the buyback size starting early September, long-term Treasury yields in

According to reports from Korean Herald and Bloomberg, SK Hynix is seeking to establish its first semiconductor manufacturing facility in Miyagi Prefecture, Japan. The investment could reach tens of trillions of Korean won, marking the first production base in Japan for the Korean chipmaker. SK

New Zealand's 12-month trade deficit widened to NZD -5.236 billion in July from NZD -3.746 billion in the prior period, according to official trade data.

New Zealand's July exports fell to NZD 7.39 billion. The prior month's export figure was revised downward to NZD 7.83 billion from an initially reported NZD 8.09 billion.

New Zealand's July trade deficit reached NZD 1.949 billion, according to official government data. The previous month was revised to a deficit of NZD 237 million, down from an initially reported surplus of NZD 23 million.

According to Bloomberg, Broadcom negotiated a financing deal exceeding $60 billion for AI chips yesterday (Aug 20), with Anthropic and other companies set to benefit. The transaction includes approximately $30 billion in subordinated debt, while Broadcom provides partial guarantees on senior

Elia Zaychev, Global Chief Technology Officer at cybersecurity firm CrowdStrike (NAS:CRWD), resigned on the 20th (local time) to establish an AI-focused cybersecurity venture capital fund called Cognition, according to reports from Axios and CNBC. Zaychev is departing to launch the new fund with

According to Axios and CNBC, on August 20, CrowdStrike's global CTO Elias Zeitchev resigned to establish Cognition, a new artificial intelligence-focused venture capital fund. The company's stock fell 5.6% to $190.34 following the announcement. Zeitchev, who spent over 13 years at CrowdStrike

CNBC's Jim Cramer said Thursday that broader economic concerns are creating a significant disconnect between stock prices and underlying business strength. The "Mad Money" host made the comments after the Dow Jones Industrial Average dropped 1.3%, the S&P 500 fell almost 0.9%, and the Nasdaq gave

Broadcom Inc. is negotiating with private lenders to secure more than $60 billion in debt financing for acquiring custom artificial intelligence chips and underlying hardware. The proposed package includes a senior-secured tranche ranging from $60 billion to $70 billion, plus a junior debt tranche o

According to CNBC's Jim Cramer on Thursday, August 20, there is an "incredibly jarring gulf between stock prices and reality" as broader economic concerns prevent investors from rewarding fundamentally strong companies. The Dow Jones Industrial Average fell 1.3%, the S&P 500 dropped 0.9%, and the

According to Odaily, Coinbase launched non-U.S. tokenized stock trading this week as the SEC advances its Reg Crypto framework. SEC Chair Paul Atkins announced the regulatory initiative alongside an Innovation Exemption expected to be released soon. The moves aim to establish a global tokenized

Daishin Securities analyst Lee Kyung-yeon assessed LG Group's NVIDIA partnership on the 21st, emphasizing LG's integrated value chain across manufacturing, components, and software subsidiaries. The analyst noted the MOU's strategic significance lies in LG's entry into a global AI value chain,

The US dollar edged higher on the 20th at 4pm Eastern Time, driven by a rebound in US Treasury yields and rising international oil prices amid yen weakness. USD-JPY climbed 0.971 yen (0.614%) to 159.118 yen, reversing the previous session's decline as Brent crude surged 2.36% to $93.78 per barrel. T

The US dollar strengthened against the Japanese yen and other major currencies during the New York trading session. The dollar faced sustained upward pressure as US Treasury yields rebounded and international oil prices climbed, with the yen weakening back to the 159 yen per dollar range. Treasury S

According to Yonhapinfomax, the U.S. dollar strengthened on August 20 as rising oil prices and higher Treasury yields pushed the currency higher. The USD/JPY exchange rate climbed to 159.118, up 0.971 yen (0.614%) from the previous close of 158.147. The dollar index (DXY) rose to 98.884,

President Lee Jae-myung and SK Group Chairman Chey Tae-won held a private dinner meeting the day before this article's publication, according to the Blue House and industry sources. The meeting occurred 2 hours after SK Hynix labor and management reached a tentative agreement on a 6.3% wage

XRP rallied 22% in the last 24 hours to hit $1.26 following two major announcements on Aug. 19. The U.S. Treasury announced it is at least doubling the amount of longer-term government bond buybacks, and President Donald Trump reiterated his vision to turn the U.S. into a Bitcoin superpower,