Global TradFi & Macroeconomics

The S&P 500 reached a new intraday record on Tuesday, climbing above 7,700 for the first time as investors returned to risk assets. The benchmark index hit 7,716.62 during the session, while the Dow Jones Industrial Average gained more than 900 points and the Nasdaq advanced approximately 2%. The ra

The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has fined UBS Financial Services $125 million for willful Bank Secrecy Act violations. The penalty represents the largest civil sanction ever assessed against a broker-dealer for anti-money laundering rule

According to CNBC, Procter & Gamble (PG-US) will acquire nutrition supplement brand Thorne for $3.8 billion to expand its health and wellness portfolio and attract younger, health-conscious consumers. The stock rose 1.2% on August 4. PG CEO Shailesh Jejurikar confirmed the deal, stating Thorne is we

The US Department of Commerce reported on local time August 4 that the June trade deficit reached $73.3 billion. The figure exceeded the market forecast of $73 billion compiled by Yonhap Infomax, while the prior month's deficit was revised to $77.6 billion. The deficit occurred as both exports and i

According to the U.S. Department of Commerce, the U.S. goods and services trade deficit reached $73.3 billion in June, exceeding market expectations of $73 billion. June exports declined to $314.7 billion, down $2.9 billion from the prior month, while imports fell to $388 billion, down $7.3 billion

On August 4, London Metal Exchange commodities closed with mixed gains. Tin led gains with a $543 surge to $55,989 per ton, while nickel rose $133 to $17,193 per ton. Copper climbed $196 to $14,066 per ton, and zinc advanced $32 to $3,674 per ton. Lead gained $29 to $1,896 per ton and aluminum

According to Argus Media, France's corn production fell to 6.9 million tons, hitting a 50-year low.

According to India's Finance Ministry, the country raised export taxes on petroleum products effective August 3 amid global supply tensions. Diesel export tax increased from 15.5 rupees per liter to 24 rupees per liter, with an additional 1.5 rupees per liter infrastructure surcharge. Petrol export

According to Novo Nordisk's Q2 report, the company raised its full-year sales guidance on August 4, 2026, now projecting fixed-rate adjusted sales of -6% to 0%, versus analyst expectations of -5.9%. In the second quarter, fixed-rate adjusted sales grew 7% to 784.9 billion Danish krone, with adjusted

According to BlockBeats and BIT market data, U.S. optical communication stocks surged on August 5, led by Applied Optoelectronics (AAOI) with a 21.7% gain. Other major gainers included Coherent Corp (COHR) up 15.52%, Marvell Technology (MRVL) up 13.6%, and Lumentum Holdings (LITE) up 9.72%.

Ben Reitzes, Head of Technology Research at Melius Research, described the recent semiconductor stock selloff as the 'exclamation point' of the latest AI pullback and identified it as a compelling buying opportunity. The correction was fueled by concerns that open-source AI models could compress

According to Nick Timiraos, Treasury Secretary Bessent's policy reaction function has shifted away from dovish stance as of Aug 4. Timiraos, often dubbed the 'Fed's mouthpiece,' noted that Bessent's recent comments suggest the Federal Reserve should maintain interest rates unchanged. Earlier this

According to the U.S. Commerce Department, the June trade deficit narrowed 5.6% to $73.3 billion, with imports declining 1.8% to $388 billion for the first time this year, while exports fell 0.9% to $314.7 billion, according to data released on Tuesday,

According to Reuters, USA Rare Earth stock surged 8.9% on August 4, amid Lockheed Martin's acquisition talks for critical minerals from U.S. mining operations.

According to Melius Research's Head of Technology Research Ben Reitzes during a recent CNBC interview, the recent correction in semiconductor stocks represents a compelling buying opportunity. Reitzes described the selloff as the "exclamation point" of the latest AI pullback, driven by investor

According to Kpler, a maritime tracking agency, Iraq's crude oil exports via the Strait of Hormuz totaled over 30 million barrels between July 4 and August 4, representing a 71% decline from the pre-war monthly average of 105 million barrels.

According to Yonhapinfomax data, the U.S. 10-year Treasury yield fell 4.60 basis points to 4.638% on August 4 as of 9:31 a.m. ET. The 2-year yield declined 5.70bp to 4.199%, while the 30-year yield dropped 3.20bp to 5.199%. The yield curve steepened, with the 10-year to 2-year spread widening to 43.

According to Yonhapinfomax, the USD/KRW closed at 1,426.80 won on August 4, down 3.00 won from the previous day, amid U.S. Treasury Secretary Scott Bessent's remarks on currency volatility. Bessent stated that if the yen weakens, other currencies may follow, and noted that "excessive volatility

Dinari announced Tuesday it has become the first company to allow eligible U.S. investors to trade over 700 tokenized stocks using USDC through self-custody wallets. The move follows a partnership with Circle that enables U.S. individuals and businesses to buy and sell every stock in the S&P 500

Dinari said Tuesday it has become the first company to allow eligible U.S. investors to trade over 700 tokenized stocks using USDC through self-custody wallets. Through a partnership with Circle, U.S. individuals and businesses can now buy and sell every stock in the S&P 500 directly onchain. Dinari