Global TradFi & Macroeconomics

According to Reuters, U.S. optical communications companies' stocks surged on August 4 (local time) following reports that the Trump administration is preparing to ban imports of Chinese optical transceivers. Lumentum Holdings jumped 8.92% to $849.47, bringing its 4-trading-day gain to 41.02%.

MSCI will release its August index adjustment announcement on August 12, with detailed rebalancing information to be provided to clients immediately after the summary announcement is published.

On Wednesday (Aug 5) New York close, offshore yuan (CNH) traded at 6.7482 against the U.S. dollar, down 2 pips from Tuesday's close. The pair fluctuated within a range of 6.7449 to 6.7501 during the session.

US stocks diverged sharply on local time, with the Dow Jones Industrial Average rising 263.24 points (0.49%) to close at 54,349.12, marking its fifth consecutive day of gains and a new record high. The S&P 500 fell 0.17% to 7,723.55 and the Nasdaq Composite dropped 0.83% to 26,363.44, ending a

According to CNBC, on August 4, investor Michael Burry warned of potential major stock market decline in a Substack post. The investor, known for predicting the 2008 global financial crisis and serving as a model for the film "The Big Short," stated "we may still be near a major top." The warning co

On August 5, spot gold surged 4.11% to $4,245.39 per ounce, reclaiming levels above $4,200 for the first time in recent sessions. Prices climbed steadily from Asia-Pacific market open, hitting an intraday high of $4,267.78 earlier today. Spot silver rallied 4.12% to $62.0075 per ounce, also

According to SpaceX's latest earnings report, the company's stock plunged 13% to $108.27 per share on Wednesday (August 5), erasing $225 billion in market value. While second-quarter revenue of $78.1 billion exceeded expectations and net losses narrowed, investor concerns over massive capital

Capital B's shares saw trading volume more than double within two hours of its debut on Cboe Europe on August 5, signaling strong demand from European investors for easier access to the French Bitcoin treasury company. The Cboe Europe listing quickly outpaced trading on the firm's original

Capital B's trading volume more than doubled within two hours of its debut on Cboe Europe on August 5, quickly surpassing activity on its original Euronext Growth Paris listing under ticker ALCPB. The secondary listing on Europe's largest pan-European stock exchange provided European institutional i

On Wednesday, August 5, the U.S. storage chip and semiconductor supply chain index fell 2.87% to close at 197.07. Component stocks declined broadly, with SanDisk down 5.4%, Western Digital dropping 5.36%, and Teradyne, Rambus, and Seagate Technology falling up to 3.51%. Micron Technology

Celestica announced a $3 billion equity offering. The electronics manufacturing services company did not disclose additional details regarding the offering structure or timeline in the announcement.

KOSDAQ exchange-traded funds posted double-digit weekly returns as the KOSDAQ index rose 13.28% over the past week ending on the 5th, according to Korea Exchange data. Active ETFs outperformed passive index-tracking funds, with MIDAS KOSDAQ Active recording a 28.24% weekly return based on dividend r

US Treasury Secretary Scott Bessent on the 5th (local time) publicly criticized Wall Street Journal Federal Reserve reporters on X (formerly Twitter). Bessent accused journalists like WSJ's Nick Timiraos of being 'stenographers pretending to be journalists' who report Fed 'backroom gossip.' He

On August 5, U.S. Treasury Secretary Scott Bessent posted on X that WSJ reporter Nick Timiraos and other journalists covering the Federal Reserve lack independent analytical capability. In his post, Bessent said these reporters operate as "stenographers masquerading as journalists," relying

According to Korean Stock Exchange, Kosdaq ETFs posted strong gains with the index rising 2.42% to 799.59 on August 5, returning to positive territory after recent declines. The Kosdaq index jumped 13.28% over the past week. Active-managed Kosdaq ETFs outperformed passive variants, with MIDAS Kosda

Bitcoin spot ETFs recorded net inflows of $381 million to $403 million in July after eight weeks of outflows. BlackRock's iShares Bitcoin Trust fund accounted for $292 million of these inflows, as Bitcoin traded near $64,000. The reversal indicates a resurgence in institutional demand. Total inflows

According to CBOE, the Chicago Board Options Exchange saw futures daily trading volume (DTV) increase 16.1% in July. Index options DTV rose 34%, while cross-exchange options DTV climbed 28.4%.

According to COMEX data, on August 5, gold futures (December contract) surged 3.79% to $4,309.90 per troy ounce, marking the highest level since June 18. The rally was driven by expectations of a Hormuz Strait reopening and easing geopolitical tensions in the Gulf region. Jamie Duta of Nemo Money

According to CNBC, JPMorgan Chase CEO Jamie Dimon stated that market leverage is currently at high levels. Dimon noted that elevated leverage increases the probability of market disruptions.