Global TradFi & Macroeconomics

According to the Chinese central bank website, on November 2, PBoC Governor Pan Gongsheng and Oman Central Bank Governor Ahmed Almosawi signed a bilateral CNY/OMR currency swap agreement worth 30 billion yuan (1.5 billion rials) with a 5-year validity period, witnessed by leaders of both

According to Bloomberg columnist Jonathan Levin, the U.S. dollar outperformed gold and bitcoin as safe-haven assets in October. The article cited ongoing geopolitical and political risks, including turmoil in France amid fiscal deterioration, potential major political shifts in the U.S. and

According to Daily Economic News, Samsung Electronics will use its second foundry in Taylor, Texas to produce high-bandwidth memory (HBM) wafer substrates for AMD and Nvidia. The facility, spanning 2.7 million square feet, will operate at 2-nanometer technology and is already fully booked with

According to JPMorgan, the investment bank raised its SpaceX stock price target from $240 to $500 on October 21, maintaining an Overweight rating. The December 2027 forecast represents 261% upside from the stock's November 2 closing price of $136.37. The bullish outlook followed SpaceX's strong

According to Foresight News, New Fire Group has entered the seed-stage testing phase for its Global Macro Multi-Asset Strategy, led by Chief Economist Fu Peng. The FICC+C framework covers fixed income, interest rates, foreign exchange, commodities, and digital assets, targeting institutional

According to the World Gold Council on November 3, India's gold demand is projected to fall to around 650 tons in 2026, the lowest level since 2020. The council's India chief executive Sachin Jain noted that gold jewelry demand declined in the first three quarters, with Q3 demand at 162.5 tons,

Shanxi Energy Bureau held a provincial coal production and supply meeting on November 3, following the October 31 national energy bureau meeting. The session conveyed the central government's policy guidance and provincial government directives on coal safety, stable production, and supply,

According to BlockBeats, AMD rallied to $478 in pre-market trading on November 3, up 2.4% from the previous close, ahead of Q3 earnings to be announced after U.S. market close today. The company is scheduled to hold an earnings call at 6:00 AM Beijing time on November 4. Data from TradingBeats

Yum China reported its third-quarter 2026 financial results today. Q3 total revenue grew 8% year-over-year to $3.5 billion, while operating profit increased 13% to $451 million. Diluted earnings per share rose 20% year-over-year, with operating margin expanding 50 basis points. The company added a r

According to Jin10 data, on Nov. 3, Anthony Scaramucci, former White House Communications Director and founder of SkyBridge Capital, expressed pessimism about achieving a diplomatic breakthrough on Iran following the election. Scaramucci stated he sees no consensus among Iran, Israel, and the U.S. o

US-listed spot crypto ETFs recorded $545.3 million in net outflows on November 2, 2026, according to preliminary ETF flow data, with Bitcoin funds accounting for $398.6 million and Ethereum funds for $139.7 million. BlackRock's iShares Bitcoin Trust (IBIT) led the retreat with $405.3 million in with

Woori Bank released its 2027 foreign exchange market outlook on the 3rd, forecasting the USD-KRW exchange rate will trade in a 1,340-1,540 won range. The bank attributes this trajectory to continued dollar supply dominance driven by semiconductor exports, while European fiscal instability and US

According to Woori Bank, on November 3, the South Korean lender forecast the Korean won-U.S. dollar exchange rate to trade between 1,340 and 1,540 won next year, with quarterly averages rising from 1,390 won in Q1 to 1,460 won in Q4. The bank's 2027 outlook cited semiconductor export strength

According to Xinhua, the State Council's report on financial work filed with China's National People's Congress Standing Committee on November 3 outlined five key policy directions: implementing moderately loose monetary policy; exploring artificial intelligence applications in financial

VistaREIT, a real estate investment trust in billionaire Manny Villar's business empire, reported that its investment property value plunged 45.5% to P15.50 billion at end-2025 from P28.45 billion in 2024, according to its long-delayed annual report released Tuesday, November 3. The P12.97-billion v

According to its annual report released on November 3, VistaREIT, a real estate investment trust owned by billionaire Manny Villar, reported that the value of its investment properties plunged 45.5% to P15.50 billion at end-2025 from P28.45 billion in 2024. The P12.97 billion valuation loss