Global TradFi & Macroeconomics

According to Jin10 Futures, on May 18, soybean meal (43% protein) spot prices showed mixed weakness across China. East China markets weakened, with prices in Taizhou and Taixing down 10 yuan/ton at 2,860 yuan/ton, while Ningbo Jinguang held steady at 2,890 yuan/ton. Guangdong remained flat at 2,840

According to Bernstein, Figure Technology Solutions reported Q1 earnings on May 11 that beat Wall Street expectations in both revenue and EBITDA. The company converts real-world credit assets into blockchain-native instruments tradable on-chain. Bernstein's May 15 report noted Figure's Forge

According to Nomura on May 18, the investment bank significantly raised its price targets for Samsung Electronics and SK Hynix, citing exponential AI-driven demand and limited memory supply. Nomura increased Samsung's target price from 340,000 Korean won to 590,000 won, and SK Hynix's from 2.34

According to the Financial Times, Bank of England Deputy Governor Breeden warned today that political uncertainty will impact business. The official did not specify additional details on the scope or timing of the potential

According to Guangda Futures via Jin10, COMEX gold weakened overnight and at market open today (May 18), dropping approximately 0.8%, as market sentiment turned cautious. The U.S. Senate formally confirmed Kevin Walsh as the new Federal Reserve Chair today, with Jerome Powell's term ending May 15

Japan's 5-year government bond auction today recorded a bidding multiple of 3.22, indicating investor demand for the securities.

TSMC (TSMC) faces a two-front squeeze from Samsung (Samsung) and Intel (Intel), choosing to take the offensive rather than defend by launching what will be the largest wafer-fab expansion boom in global history. 18 12-inch wafer fabs are being built in parallel, driving capital expenditures to surge and ramping up advanced packaging capacity. Behind this semiconductor race, players in the facilities engineering sector include Hanton (2404) and Fanxuan (6196); in the equipment and materials secto

Fundstrat co-founder and BitMine chairman Tom Lee said on May 18 on X that the selling pressure on Ethereum is coming from rising oil prices, with ETH and oil prices showing a negative correlation at a historical high. On May 17, on-chain analytics firm Lookonchain monitored that BitMine bought 89,026 ETH from exchanges, worth about $197.6 million. Tom Lee’s confirmed analysis: ETH’s correlation with oil prices Based on Tom Lee’s statement on X, he confirmed the following: ETH and oil prices rel

China's aluminum oxide exports reached 520,000 tons in April, up 96.6% year-over-year, with cumulative exports of 1.06 million tons for the year rising 10% from a year ago, according to China Customs data. Rare earth exports totaled 11,041 tons in April, up 35.1% year-over-year, with year-to-date ex

China's Treasury futures closed mixed in early trading on May 18. The 2-year (TS) and 5-year (TF) contracts closed flat, while the 10-year (T) contract declined 0.03% and the 30-year (TL) contract fell 0.12%.

According to SoSoValue data, for the week of May 11 to 15 (U.S. Eastern Time), Bitcoin spot ETFs recorded total net outflows of $1.04B, ending the prior streak of net inflows for six consecutive weeks. ARKB (ARK & 21Shares) led with a weekly net outflow of $324 million, while BlackRock IBIT ranked second with a weekly net outflow of $317 million. Bitcoin Spot ETF Weekly Breakdown Data (May 11-15) Net outflows (weekly): ARKB (ARK & 21Shares): -$324 million (historical cumulative net inflows: $1.3

JPMorgan Chase lowered its 2026 average gold price forecast to $5,243 per ounce from $5,708 per ounce, representing a $465 per ounce reduction in its outlook.

According to SoSoValue data cited by Foresight News, Ethereum spot ETFs experienced net outflows of $255 million during the trading week of May 11–15. BlackRock's ETHA ETF led the outflows with $185 million, while Fidelity's FETH recorded $59.89 million in outflows.

According to reports, on Monday, May 18, Malaysian palm oil futures rose for a second consecutive trading day, supported by strength in Dalian palm oil, Chicago soybean oil, and crude oil prices, as well as a weaker Malaysian ringgit. Meanwhile, Malaysia lowered its June crude palm oil reference pri

According to Bloomberg, on May 18, Kioxia forecast 1.3 trillion yen ($8.2 billion) in operating profit for the June quarter after reporting quarterly earnings above expectations. The forecast exceeds the record profit the Tokyo-based NAND flash memory maker earned in the full year ended March. Kiox

DoubleLine Capital CEO Jeffrey Gundlach, who is known as the “king of new bonds,” confirmed on May 18 on Fox News’ “Sunday Morning Futures” that investors will not see a rate cut at the FED’s next policy meeting; DoubleLine’s model shows that the leading digit of the next CPI reading will start with 4, and the impact of the Iran war pushing up oil prices will continue to drive inflation higher. Gundlach’s Two Core Points: Confirmed Data Basis Point 1: 2-year Treasury yields rule out rate cuts po

According to Macquarie strategist Gareth Berry, Japanese government bonds face a structural shortage of buyers, with insurance companies selling and the Bank of Japan remaining a net seller, as of May 18. Global risk sentiment has deteriorated amid concerns over the ongoing closure of the Strait of

According to SoSoValue data cited by PANews, SOL spot ETFs saw net inflows of $58.12 million during the week of May 11-15 (U.S. Eastern Time). Bitwise's BSOL led with $41.37 million in weekly inflows, bringing its historical total net inflows to $903 million. Fidelity's FSOL followed with $10.39 mil

According to reports, Japanese rubber futures saw volatility on Monday, May 18, as elevated oil prices triggered inflation concerns among investors and prompted traders to lock in supplies early. A rubber trader based in Singapore noted that strong expectations of further oil price increases are

According to National Bureau of Statistics spokesperson Wang Guanhua, on May 18, April's consumer prices remained on a mild upward trend, with international crude oil price fluctuations having limited impact on domestic oil prices. Wang stated that the effects were concentrated in specific product c