Global TradFi & Macroeconomics

According to the Hungarian National Bank, the central bank adjusted the interest rate on foreign exchange swap instruments from 5.75% to 5.25% on May 13. Other parameters remain unchanged. The central bank stated the adjustment does not signal any shift in monetary policy stance and provides

According to Japan's Kyodo News, partial production of Marole biscuits, a specialty snack from Kochi Prefecture, has been suspended on May 13 due to naphtha shortage triggered by deteriorating Middle East tensions. The production halt stems from delivery delays or complete interruption of

According to Nikkei, Idemitsu Kosan, one of Japan's largest oil companies, expects the Hormuz crisis to ease in July, with oil prices returning to pre-crisis levels by early next year.

According to UBS Global Wealth Management, the Federal Reserve is now expected to cut interest rates by 25 basis points in December 2026 and March 2027. The forecast represents a shift from UBS's prior prediction of rate cuts in September and December 2026.

According to Japan's international balance of payments data released Wednesday, Japanese investors dumped 4.67 trillion yen ($296 million) of U.S. government and agency bonds in the three months through March 31, marking the highest quarterly outflow since Q2 2022. The surge in selling comes as

According to Shanghai Futures Exchange data released on May 13, warehouse inventory levels in the energy and chemicals sector showed mixed movements. Pulp futures warehouse inventory increased to 206,047 tons, up 4,470 tons from the previous trading day. Coated paper futures factory warehouse invent

According to CNBC, Samsung Electronics shares fell 6.1% on May 13 after the company failed to reach a wage deal with its union, briefly erasing about 99.1 trillion won (US$66.2 billion) in market value. The union said more than 41,000 workers could join an 18-day strike from May 21. The union is

According to 金十数据, Saudi Aramco is considering plans to raise over $10 billion by selling its real estate assets today (May 13), including a major headquarters complex in Saudi Arabia's Eastern Province. According to sources familiar with the matter, the oil giant has initiated preliminary

European stock indices opened higher on May 13. The Stoxx 50 index rose 0.78%, Germany's DAX gained 0.68%, the UK's FTSE 100 increased 0.58%, and France's CAC 40 climbed 0.51%.

According to the UAE Banking Federation's chairman, reported by Gelonghui on May 13, the country faces no dollar shortage.

According to Jin 10 Futures, on May 13 at 15:00 Beijing time, spot platinum rose 0.13% and spot palladium rose 0.12% in midday trading.

UK government bonds rallied today, with the 10-year gilt yield falling 4 basis points to 5.06%.

According to China Daily, Tesla plans to bring more AI and intelligent products to China, with Vice President Grace Tao highlighting the company's deep supply chain integration in the country. As of March 2026, Tesla works with over 400 Chinese suppliers, more than 60 of which supply its global

According to ECB Governing Council member Rehn, inflation expectations remain anchored despite early signs of stagflation emerging in the eurozone. Energy shocks are a key factor, though current intensity has not yet reached 2022 levels. Wage data to date have been reassuring. The ECB will release c

France is scheduled to release its April consumer price index month-on-month final reading in approximately 10 minutes.

According to Indonesia's Finance Minister Purwanto, on May 12, Indonesia plans to launch a new round of electric vehicle subsidies starting June 2026 in response to elevated global oil prices driven by Middle East tensions. The government aims to reduce reliance on fossil fuels and lower import

SoftBank Group reported Q4 net profit of 1.83 trillion yen, significantly exceeding market estimates of 295.18 billion yen. Full-year net profit reached 5.00 trillion yen, surpassing the estimate of 3.33 trillion yen. The company's Vision Fund generated 6.99 trillion yen in investment gains for the

According to Odaily Daily and Gold Ten, China's ChiNext Index broke through the 4,000-point level on May 13, marking the highest point since June 8, 2015. The index has gained more than 24% year-to-date. The Shenzhen

According to Reuters analysis of customs data, Vietnam significantly increased refined petroleum product imports in March-April to offset reduced crude oil supplies from domestic refineries following the Iran conflict. Import volume rose 17% year-over-year, while import value surged 144% in dollar t

Abu Dhabi National Oil Company (ADNOC) set the official selling price for June Murban crude at $104.44 per barrel.