Global TradFi & Macroeconomics

German 10-year government bond yields dropped to their lowest level since March 18 intraday on June 24, declining nearly 2 basis points to 2.899%.

The euro declined 0.4% to 1.1338 against the U.S. dollar, marking its lowest level since May 2025.

U.S. spot crypto exchange-traded funds recorded nearly $200 million in combined net outflows on June 23, as both Bitcoin and Ether products faced redemptions despite selective inflows into several competing funds. Spot Bitcoin ETFs posted $113.8 million in net outflows, driven by $182.0 million in r

According to BlockBeats, Micron Technology (MU) stock fell over 13% from recent highs ahead of its earnings report expected later on June 24. The decline comes as global storage chip leaders including SK Hynix and Samsung face selling pressure, raising concerns about the AI sector's valuation

According to New Beijing News, Alibaba Group is planning to sell its gaming brand Lingxi Interactive as of June 24. The company has not responded to related inquiries regarding the potential sale.

According to Bloomberg, SK Hynix seeks to begin American Depositary Receipt (ADR) trading on July 10. The South Korean chipmaker's move marks its entry into the U.S. capital markets through the ADR mechanism.

In U.S. pre-market trading on June 24, semiconductor stocks advanced broadly. Intel rose approximately 2%, Micron Technology climbed about 3%, Qualcomm gained roughly 3%, and ARM Holdings increased 3.5%.

Germany's June IFO business expectations index came in at 84.1, falling short of the 85.1 forecast and declining from the prior month's reading of 83.8.

Germany's IFO Business Climate Index reached 85.6 in June, matching the consensus forecast and rising from 84.9 in May, according to official data. The index remained unchanged from the anticipated level, indicating stable sentiment among German

Switzerland's ZEW economic sentiment index improved to 2.8 in June from -2.8 in the prior month, according to ZEW data.

According to Reuters and Nomura's quantitative team, South Korea's stock market experienced a severe selloff on Tuesday, June 23, with the KOSPI index dropping 9.7% — its largest single-day decline in three months. Samsung Electronics and SK Hynix plummeted over 10% each, triggering trading halts la

According to Ifo Institut, Germany's Ifo Business Expectations Index came in at 84.1 in June, falling short of the forecasted 84.8 and declining from the previous month's 83.8.

Switzerland's investor confidence index fell to -25 in June, down from -11.1 in the prior period, marking a 13.9-point decline.

According to Jin10, SK Hynix plans to list through an American Depositary Receipt (ADR) offering to raise up to 45 trillion Korean won, equivalent to approximately $29 billion. The fundraising effort marks the chipmaker's strategy to strengthen its capital

According to Kento Minami, chief economist at Daiwa Securities, the Bank of Japan is expected to take a neutral stance on economic risks in its quarterly forecast to be released in July, representing a shift from April's downside-leaning assessment. While downside risks to the economy have

According to BlockBeats, on June 24, Bitget launched 7 stock spot products including rSCHD (U.S. dividend ETF), rYUM (Yum! Brands), rASST (Strive), and rDHI (D.R. Horton), covering sectors such as finance and consumer. The rToken products, identified by the prefix 'r' plus stock ticker (e.g.,

According to BlockBeats citing Hyperinsight monitoring, on June 24, Taiwan Semiconductor Manufacturing Company (TSMC) is reportedly planning to raise advanced chip production prices by 5-10% during a major expansion phase and shared updates on AI chip progress. Susquehanna simultaneously raised

According to Reuters, on June 24, Japan is studying how to optimize the management of approximately $1.3 trillion in foreign exchange reserves to boost investment returns. A growth strategy draft reviewed this week showed the government plans to evaluate public asset management methods, including a

According to Guru Club, domestic commodity futures closed mixed on June 24, with Shanghai silver, tin, and nickel declining over 3%. Lithium carbonate futures led gainers, rising nearly 4%, while eggs and rapeseed meal posted smaller gains

According to Shanghai Gold Exchange, on June 24 (Wednesday), gold T+D prices closed down 1.06% to 894.0 yuan/gram, while silver T+D fell 2.24% to 14,906.0 yuan/kilogram.