Global TradFi & Macroeconomics

HSBC Global Investment Research projects U.S. corporate earnings per share (EPS) growth in the second quarter will mark the strongest trajectory since the post-pandemic boom. The investment firm attributes this momentum to concentrated strength within mega-cap companies rather than broad market

Spot gold is trading around $4,120 per ounce today, supported by renewed U.S.-Iran tensions and Strait of Hormuz risk concerns. Investors are seeking safe-haven protection as geopolitical headlines dominate market focus amid a quiet economic calendar. Yesterday's U.S. labor data showed initial

According to TheFly, on Friday, Argus analyst Joseph Bonner trimmed Microsoft's price target to $510 from $620 while maintaining a Buy rating, implying nearly 32% upside from current levels. Bonner said Microsoft continues pursuing long-term growth through sustained investments in artificial

According to HSBC Global Investment Research, corporate earnings per share (EPS) are tracking their strongest growth trajectory since the post-pandemic boom ahead of Q2 earnings season. The firm projects energy, technology, and industrial sectors will lead gains, with some segments expected to

According to Bank of America Securities, U.S. overall CPI for June is expected to fall 0.09% month-over-month, partly driven by a significant drop in gasoline prices. However, core inflation is forecast to remain elevated at 0.28% month-over-month or 2.9% year-over-year, supported by service

According to TheStreet, investors who put $10,000 into American Bitcoin Corp (ABTC), the Bitcoin mining company co-founded by Eric Trump and Donald Trump Jr., about one year ago now hold only $260, representing a 97% loss. The stock traded at around $14 a year ago but dropped to $5.86 as of today.

According to Bloomberg, Morgan Stanley's Chief Investment Officer Lisa Shalett warned Friday that semiconductor stocks have become significantly overvalued amid signs that chipmakers' pricing power is weakening. She cited big tech companies including Meta, Google, and Amazon developing cheaper

According to Bloomberg Television, Nasdaq President Nelson Griggs stated that SK Hynix's recent successful listing is encouraging other international companies to consider conducting initial public offerings or issuing American Depositary Receipts (ADRs) in the United States. Griggs identified two c

According to the Intercontinental Exchange (ICE), during the week of July 7, speculators reduced net long positions in Brent crude oil by 547 contracts to 55,087 contracts, marking a seven-month low.

According to Iran's Tasnim news agency, a small refinery in Boludekhtal caught fire, with intense flames making it difficult for firefighters to approach the site.

Goldman Sachs has reportedly banned its employees from trading certain prediction market contracts, according to a CNBC report on July 10. The investment bank prohibited staff from trading contracts related to elections, financial markets, macroeconomic data, and geopolitics, as well as events

According to Geoffrey Kendrick, Standard Chartered's global head of digital assets research, the bank is maintaining its end-of-2026 Bitcoin price target of $100,000 despite MicroStrategy's recent sale of 3,588 BTC for approximately $216 million. Kendrick characterized the recent weakness as a

According to StoneX analyst Arlan Suderman, Russia closed the Kerch Strait grain corridor on July 11, creating a premium in the wheat market ahead of the weekend amid escalating Ukraine-Russia tensions. The closure followed Ukraine's intensified strikes on Russian energy infrastructure, raising

New Hampshire officials rejected a proposal to issue up to $100 million in taxable conduit revenue bonds backed by bitcoin on Wednesday, with the Executive Council voting 3-2 against the plan. The rejection came despite the transaction being structured to avoid direct taxpayer exposure, as council m

On Wednesday (July 9), the New Hampshire Executive Council voted 3-2 against a proposal to issue up to $100 million in taxable conduit revenue bonds backed by bitcoin. The bonds would have been issued through the Business Finance Authority as a conduit for CleanSpark, a bitcoin mining and data

According to Jin10, Baker Hughes has delayed the release of its North America rig count report scheduled for July 10.

According to analysts, Circle (CRCL) received final approval from the U.S. Office of the Comptroller of the Currency (OCC) on Friday, July 10 to establish First National Digital Currency Bank, which will operate as Circle National Trust. The stock surged 13% in pre-market trading but pared gains to

U.S. total rig count reached 581 for the week ending July 10, rising by 1 from the previous week's 580 rigs, according to energy sector data.

U.S. total rig count for the week of July 10 reached 581, up from 580 in the prior week.

SK Hynix, South Korea's memory chip giant, made its Nasdaq debut Friday (July 10) with an opening price of $170 per share, surging 17% from the American Depositary Receipt offering price of $149. The company's market value exceeded $1 trillion, drawing strong interest from U.S. investors. The ADR of