Global TradFi & Macroeconomics

According to the Wall Street Journal, on Friday (May 22), President Trump will preside over Kevin Warsh's swearing-in ceremony as Federal Reserve Chair.

Key Insights Solana climbed above the $90 resistance zone as ETF optimism and rising futures activity strengthened bullish market momentum this week. Network activity improved across Solana as decentralized exchange trading and memecoin volumes rebounded sharply during the recent market

Commerzbank's supervisory and management boards have formally rejected UniCredit's takeover offer, recommending shareholders not accept the exchange proposal in a 137-page analysis. The German lender stated the offer "does not reflect the fundamental value of Commerzbank" and called it "vague and en

Liquidity surge discussions intensified after larger weekly Federal Reserve injections entered financial market focus. Bitcoin sentiment strengthened as traders connected rising liquidity conditions with previous crypto market rallies. Regulatory progress and improving macro discussions s

According to Jeffrey Gundlach, CEO of DoubleLine Capital, appearing on Fox News' Sunday Morning Futures, the likelihood of the US Federal Reserve cutting interest rates in 2026 is virtually zero. Gundlach argued that a rate cut is impossible when the two-year Treasury yield is approximately 50

Liquidity surge discussions intensified after larger weekly Federal Reserve injections entered financial market focus. Bitcoin sentiment strengthened as traders connected rising liquidity conditions with previous crypto market rallies. Regulatory progress and improving macro discussions s

On May 18 during European trading, UK 10-year gilt yields declined 7.4 basis points to 5.098%, following an intraday high of 5.189% at session open. Two-year gilt yields fell 7.6 basis points to 4.475%, while 30-year yields dropped 8.3 basis points.

GBP/USD rose 0.76% today, reaching fresh daily highs above 1.3420.

According to AFP citing Kpler shipping data, 55 commercial vessels transited the Strait of Hormuz last week, a significant recovery from 19 ships the prior week—the lowest level since the Middle East conflict escalated. Approximately half were tankers, including three very large crude carriers

According to trade sources citing preliminary loading schedules, Angola is scheduled to load 29 crude oil cargoes in July, down from 35 cargoes planned for June.

According to Invesco Ltd., the Invesco DB Commodity Index Tracking Fund received net inflows of $86 million last week, marking its largest single-day inflow since 2022. The surge comes as investors seek inflation hedges amid escalating U.S.-Iran tensions, which have pushed commodity prices higher.

According to Bitwise, on May 18, the firm announced it will allocate 10% of its Hyperliquid ETF ($BHYP) management fees to hold HYPE on its balance sheet. Bitwise emphasized that Hyperliquid operates on a community-first model, with 99% of the protocol's revenue dedicated to HYPE buybacks and

On May 18, European stock markets closed higher, with Germany's DAX 30 index leading gains, climbing 366.31 points or 1.53% to 24,321.50. The UK's FTSE 100 index rose 128.83 points, or 1.26%, to 10,324.20. France's CAC 40 index advanced 34.94 points, or 0.44%, to 7,987.49. Europe's Stoxx 50 index ga

The U.S. 6-month Treasury bill auction on May 18 yielded a high rate of 3.615%, down from 3.62% at the previous auction. The yield decline reflects current market conditions in short-term U.S. debt instruments.

The U.S. 3-month Treasury bill auction on May 18 drew a discount rate of 3.6%, down 1 basis point from the prior auction's 3.61%.

On May 18, the U.S. 3-month Treasury bill auction recorded a bid-to-cover ratio of 12.47%, down from 15.32% at the previous auction.

On May 18, European markets closed with mixed results. Germany's DAX 30 index advanced 1.32% to 24,267.29 points. The UK FTSE index rose 1.14%, while Italy's stock index fell 1.11%, with the Italian banking sector declining 2.22%. France's CAC 40 posted a marginal gain

According to Bank of America's chief of commodities and derivatives research, Brent crude oil could average $90 per barrel for the remainder of 2026 in the most optimistic oil price scenario. The researcher noted that oil prices could potentially rise higher if the standoff with Iran persists or

According to government sources, the U.S. Treasury Department on May 18 extended its sanctions exemption on Russian seaborne oil shipments for an additional 30 days. The extension applies to the previously expired waiver

WTI crude oil currently trades at $106.53 per barrel, while Brent crude is at $107.49 per barrel, with both benchmarks showing limited intraday volatility on May 18.