Global TradFi & Macroeconomics

According to the China Nonferrous Metals Industry Association Silicon Branch, China's domestic polysilicon market entered a holding pattern this week, with trading activity halted. No orders were executed this week, primarily because current prices have fallen below industry production costs.

The Financial Conduct Authority scrapped the seven-day waiting period between IPO prospectus publication and connected research release on 5 August via policy statement PS26/16. The change aims to address UK competitiveness concerns as London IPO activity fell to £2.1

According to FCA policy statement PS26/16, the Financial Conduct Authority scrapped the seven-day waiting period between the publication of an approved IPO prospectus and connected research on August 5. The rule, in effect since 2018, previously required at least a week between prospectus release an

US private sector employment increased by 44,000 in July, significantly below market expectations of 70,000, according to the ADP National Employment Report released on August 5. The employment data firm Automatic Data Processing reported the monthly gain fell short of forecasts as hiring patterns v

According to ADP, U.S. private employment in July increased by 44,000, significantly missing the market forecast of 70,000. Service sector employment grew by 47,000, while goods-related employment declined by 3,000. ADP Chief Economist Nella Richardson noted that job switchers saw wage gains at the

Digital Turbine Inc. (APPS) surged over 40%, reaching $13.57 during the first quarter, after raising full-year guidance and beating analyst estimates. The company reported first-quarter net revenue of $166 million, up 27% year-over-year, with adjusted EPS exceeding expectations. The stock hit its hi

Disney is exploring a free, ad-supported streaming product, CEO Josh D'Amaro said during an earnings call with investors on Wednesday. D'Amaro stated the initiative aims to expand reach to price-sensitive customers and leverage Disney's ad inventory to accelerate revenue growth. The company also

According to Disney's earnings call on Wednesday, CEO Josh D'Amaro announced the company is exploring a free, ad-supported streaming product to reach price-sensitive customers and drive Disney+ subscriber growth. D'Amaro noted Disney has more available ad inventory compared to competitors, which

FORMS Syntron Information (HK), Chainlink, APEX Group, CSpro, and Blockchain Valley Cyberport launched the Tokenized Securities Framework in Hong Kong. The framework establishes institutional-grade infrastructure to support the issuance, distribution, and settlement of tokenized securities within th

According to Jin10, U.S. strategic petroleum reserves fell to their lowest level since February 1983 during the week ending July 31, according to the Energy Information Administration.

According to E-Daily, SpaceX reported on August 5 a Q2 loss per share of $0.09, beating the market consensus estimate of $0.26 loss. The earnings mark the company's first quarterly results since its public listing. The stock declined following the announcement amid increased artificial

According to EIA data compiled by Jin10, U.S. crude oil exports increased 218,000 barrels per day to 3.685 million barrels per day in the week ended July 31. Domestic crude production rose 8,000 barrels per day to 13.804 million barrels per day, while commercial crude inventories excluding

According to the U.S. Energy Information Administration, the week ending July 31 saw distillate fuel oil implied demand reach 5.8251 million barrels per day, up from 5.3103 million barrels per day in the prior week.

According to the Energy Information Administration (EIA), U.S. heating oil inventories declined 144,000 barrels for the week ended July 31, compared with an increase of 308,000 barrels in the prior week.

According to the U.S. Energy Information Administration, refined oil production declined by 134,000 barrels per day for the week ending July 31, compared with an increase of 15,000 barrels per day in the prior week.

According to the Energy Information Administration (EIA), U.S. gasoline production fell by 309,000 barrels per day for the week ending July 31, compared to a rise of 178,000 barrels per day in the previous week.

According to the Energy Information Administration (EIA), U.S. reformulated gasoline inventories remained at 0 million barrels for the week ending July 31, unchanged from the previous week.

According to EIA data, U.S. refinery capacity utilization rate for the week ending July 31 stood at 96.5%, below the forecast of 96.9% and the prior week's 97.2%.

According to the U.S. Energy Information Administration (EIA), crude oil production fell 183,000 barrels per day in the week ended July 31, compared to 271,000 barrels per day in the prior week.

According to EIA, U.S. crude oil imports for the week ending July 31 reached 297,000 barrels per day, compared to negative 237,000 barrels per day the prior week.