Global TradFi & Macroeconomics

Japan's 40-year government bond yield declined 9.5 basis points, settling at 4.055% as of August 20.

According to Jin10 Futures citing CITIC Futures on August 20, fuel oil futures contracts opened higher but retreated sharply, trading at 4,229 yuan/ton with gains of less than 1%. CITIC Futures noted that geopolitical tensions remain the core driver of current oil prices, with fuel oil tracking

Nasdaq-listed Chinese embedded digital insurance technology company Zh保科技 (ZBAO) announced on August 19 that it had completed a $154.7 million PIPE (private investment in public equity) financing. The financing used a rare structure in which cryptocurrency was provided directly as consideration: a group of non-U.S. investors paid with 2,380 Bitcoin, all of which was deposited into Zh保科技’s official wallet, rather than first raising fiat currency and then purchasing Bitcoin on the market. PIPE Fin

According to BlockBeats, Unitree stock on China's Shanghai exchange opened down 15.01% on August 20, with market valuation at 2,980.9 billion yuan. The decline comes after the stock surged 460% the previous trading

According to Bloomberg, Alibaba shares in Hong Kong rose 34% this quarter through August 20, outperforming the Hang Seng Tech Index as investors bet on the company's AI spending. Revenue is expected to grow 8.4% year-over-year, marking the fastest pace in nearly three years, though profit may

According to E-Daily, the Korean won fell to the 1380 level on August 20, declining 3.45 won from the previous trading day as of 10:09 a.m. local time. The weakness was driven by semiconductor exporters' continued dollar sales and weakening global dollar sentiment following the U.S. Treasury's

Fuel oil 2609 contract retreated sharply intraday to 4,239 yuan/ton on August 20, narrowing gains to 0.62%, down from the session high of 4,386 yuan/ton. Trading volume exceeded 11.3 billion yuan, with open positions declining by 12,900 contracts during the day.

The Malaysian ringgit appreciated to 4.04 against the U.S. dollar, reaching its strongest level since mid-June.

Spot gold surged past the $4,500 mark on August 20, marking the first breakthrough since June 4. The rally rippled through precious metals ETFs, with China Investment Promotion Group Silver LOF climbing over 4%, while Gold-themed LOF and Harvest Gold LOF each rose more than 3%, and Gold LOF gained n

According to Jin10 Futures, as of 09:30 Beijing time on August 20, WTI crude oil futures rose 0.24%, while U.S. natural gas futures declined 1.10%.

Australia's employment declined by 15,800 in July, according to official employment data released in August, missing consensus expectations of a 15,000 increase. This marked a sharp reversal from June's gain of 76,300

ING Bank forecasts the Federal Reserve will hold interest rates steady through 2027 despite hawkish signals in July Federal Open Market Committee (FOMC) minutes, according to a report issued on the 19th (local time) by Jamie Knightley, ING's Chief International Economist. The assessment follows July

Australia's employment declined by 15,800 in July, significantly below the forecast of 12,000 new jobs, according to employment data released in August 2026. The previous month saw an increase of 76,300

Australia's unemployment rate rose to 4.5% in July, according to official data, exceeding economists' forecast of 4.4% and marking an increase from June's 4.4%.

Merck and Moderna (MRNA) issued a joint announcement on August 19 stating that their investigational personalized mRNA neoantigen therapy, intismeran (V940), in combination with the anti-PD-1 therapy KEYTRUDA, achieved positive results in the Phase 3 INTerpath-001 clinical trial. MRNA closed up 176.97% at $174.38. Key Data from the INTerpath-001 Trial According to the joint announcement from Merck and Moderna, the Phase 3 INTerpath-001 clinical trial achieved the following four results in a pres

Hyundai Motor and Kia demonstrate exceptional resilience to high interest rates, with both automakers showing zero or positive profit impacts from rate increases according to their first-half reports. Hyundai's pre-tax profit increases by approximately 400 million won when market rates rise 100

According to Australian employment data, full-time employment rose by 16,300 in July, down from 29,300 in June.

South Korea's Ministry of Finance and Economy may review measures to stabilize ultra-long government bond rates by early September, according to Citi's forecast released on the 20th. The review comes as

According to Gate data, gold fell to $4,504.64 per ounce on August 20 with a daily decline of 0.39%. WTI crude oil rose 0.23% to $85.43 per barrel, while Brent crude gained 0.49% to $92.21 per barrel.

According to Odaily Daily, Yuanyu Tech declined 6.51% at the opening of A-share markets on August 20, with the stock trading at 790 yuan. The pullback follows a sharp 460% surge the previous day. The stock's futures contract on Trade.xyz was trading at $111.74.