Global TradFi & Macroeconomics

According to KBS News, South Korea's KOSPI index fell over 5% to the 6,200 level today (August 3), retreating sharply after surging nearly 18% last Friday, which marked the index's largest single-day gain on record. Samsung Electronics and SK Hynix each dropped over 8%, leading the

According to Bloomberg, Morgan Stanley upgraded its investment rating on South Korea's stock market to Overweight from Neutral on August 3. The bank cited easing of excessive leverage and concentrated positioning following recent market corrections, positioning the nation for re-entry into an

Spot palladium declined 2.00% intraday on August 3, trading at $1,267.97 per ounce.

According to Bloomberg, on last Friday (August 3), Japan's Finance Ministry confirmed the government deployed approximately 5.33 trillion yen (roughly $34 billion) to buy yen in the foreign exchange market. The intervention, combined with previous actions earlier in the week, brought Japan's

On the evening of Aug 3, Shanghai Gold Exchange gold T+D futures fell 0.51% to 882.85 yuan per gram, while silver T+D rose 0.08% to 14,131 yuan per kilogram during the opening session.

According to Jin10, on Monday, August 3, the U.S. dollar extended losses following a coordinated intervention by the U.S. and Japan to support the yen. The weakness stems from the Federal Reserve's decision last week to hold rates steady, prompting market concerns about new Fed Chair Walsh's

Shanghai Futures Exchange and Shanghai International Energy Exchange will launch arbitrage instructions starting August 24, according to announcements on August 3. Arbitrage instructions on SHFE initially apply to copper, gold, rebar, and natural rubber futures, with minimum order size of 1 lot and

Nasdaq 100 futures reversed all intraday gains in pre-market trading on August 3. Memory chip stocks declined, with Micron Technology down 5%, while SK Hynix and SanDisk each fell over 4%.

According to China Securities Regulatory Commission Chair Wu Qing, the regulator and Hong Kong authorities are accelerating the rollout of a yuan-denominated stock trading counter. The announcement was made during an offshore government bond futures listing ceremony. Additionally, Wu stated

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has dropped by 8% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Retail investors in Korean stocks sold domestic equity ETFs during the May 31 KOSPI rebound, according to data from KOSCOM. The KOSPI index surged 17% on May 31, marking the largest single-day percentage gain in its history, yet individual investors net sold over 10 trillion KRW worth of Korean stoc

U.S. mortgage rates entered August near their highest levels in a year, with Freddie Mac reporting the average 30-year fixed mortgage at 6.66%, up from 6.58% a week earlier. Mortgage News Daily's daily index showed the 30-year rate at 6.83% on Friday, only 2 basis points below its 52-week high.

According to Freddie Mac and Mortgage News Daily, the average 30-year fixed mortgage rate rose to 6.66% on August 3, with daily lender pricing even higher at 6.83% as of Friday—only 2 basis points below its 52-week high. The 15-year fixed rate climbed to 6.04%, while jumbo, FHA and VA rates also

According to BlockBeats, SpaceX stock plunged to $105.64 pre-market on August 3, marking a new all-time low, according to Bit.com market data. The stock recovered to $108.37, down 2.06% in pre-market trading, with market cap declining to $14.3

Eli Lilly's experimental drug Olomorasib received FDA breakthrough therapy designation on August 3 for the treatment of pancreatic cancer. The stock rose approximately 1% in pre-market trading.

According to Baotou Rare Earth, the company achieved batch sales of praseodymium metal in the first half of 2026 by opening a new application field for light rare earths in non-heavy rare earth permanent magnets, aligning with downstream magnetization enterprises' lightweight development

According to Bloomberg senior ETF analyst Eric Balchunas, three semiconductor-focused ETFs led U.S. equity ETF inflows this week, a historically rare occurrence. Recent volatility in chip stocks created a buying opportunity for high-risk traders, who frontran a rebound in the sector. The

Strategy executive chairman Michael Saylor announced that the company is now tracking Bitcoin's 200-week moving average and its premium to that level on the firm's public dashboard as Bitcoin trades around $62,500. The addition provides a new metric for monitoring the company's $63.69 billion Bitcoi

According to Jin10, former Iranian Foreign Minister Javad Zarif warned that failure to reach a final agreement with the U.S. within the proposed 60-day negotiation window could result in further economic hardship, domestic unrest, and new military