Global TradFi & Macroeconomics

According to Bloomberg, Cerebras Systems is set to price its IPO above the US$150-160 range on May 13, 2026, with demand for the share sale surging more than 20 times over available shares. The AI chipmaker is offering 30 million shares and would raise US$4.8 billion at the top of the range,

According to South China Morning Post, AI drug design startup METiS TechBio raised HK$2.11 billion (US$269.5 million) in its Hong Kong IPO on May 13, with shares jumping on debut amid strong demand for AI-related stocks. The company sold 201.23 million shares at HK$10.50 (US$1.3) each. Eighteen cor

According to Hong Kong Exchanges and Clearing CEO Vera Chen, the London Metal Exchange's approved warehouses in Hong Kong have expanded from 4 to 15 since last year, with storage capacity approaching saturation. Chen stated during an LME Asia Week seminar that the expansion represents a

Japan's 20-year government bond yield rose to 3.511% today (May 13), marking the highest level since 1996.

According to SoSoValue data, Bitcoin spot ETFs saw net outflows of $233 million yesterday (May 12, ET). Fidelity's FBTC recorded the largest single-day outflow at $86.13 million, though its cumulative net inflows remain at $11.05 billion. Morgan Stanley's MSBT had the highest inflows at $6.02 millio

According to Wedbush, on May 13, the firm raised Oracle (ORCL) price target to $275 from $225.

According to Canadian mining legend Pierre Lassonde, gold prices could reach $17,250 per ounce within three years, as reported by Gelonghui today (May 13). Lassonde attributed the price target to the Federal Reserve's debt monetization and the potential of gold replacing the U.S. dollar as the

According to Glontech, India's gold and silver futures prices both surged 6% on May 13, following the government's decision to increase gold import tariffs.

Hon Hai Group (2317)’s industrial PC maker Foxconn Industrial (SHA: 601138) reportedly made major progress in the all-optical CPO switch market on Wednesday. Not only has it completed the first batch of cage deliveries to Nvidia ahead of schedule, but its shipment volume target has also been raised significantly. External observers widely believe this business will become the key second engine for Hong Hai’s profit-structure upgrade after AI servers. Foxconn CPO cages delivered early; high deman

According to the Japan Petroleum Association (PAJ), Japan's commercial crude oil inventories declined by 275,467 thousand liters to 8,409,487 thousand liters for the week ending May 9, compared with 8,684,954 thousand liters in the prior week. PAJ's refinery operating capacity utilization (BPSD)

Moody's Ratings released an in-depth industry report on May 12, saying that through discussions with U.S. banking industry and financial institutions, as well as a review of publicly disclosed information, an industry consensus has formed that the transition to a digital financial system is taking shape in a “slow at first, then fast” pattern. The report said that the outstanding size of tokenized money market funds (MMF) is $10 billion, and the Depository Trust & Clearing Corporation (DTCC) wil

According to Saudi Aramco CEO Amin Nasser, WTI crude futures climbed above $99 per barrel on Tuesday as geopolitical tensions escalated over Strait of Hormuz closure risks. President Trump rejected Iran's latest peace proposal, citing concerns that the ceasefire agreement is "in jeopardy,"

Gold prices fell to around $4,700 per ounce on Tuesday, erasing earlier gains as Middle East tensions escalated. Uncertainty over the region and prolonged closures at the Strait of Hormuz pushed oil prices higher and intensified inflation concerns. U.S. President Trump rejected Iran's latest peace p

According to South Korea's Korea Development Institute (KDI), the country's average inflation rate for 2026 is now projected at 2.7%, up from a previous forecast of 2.1%.

According to Jin10 data, on May 13, truck drivers in India faced severe fuel supply challenges, with one coal truck driver traveling nearly 80 kilometers and checking 15-16 fuel stations without finding diesel. The driver was eventually forced to stop as the fuel tank ran nearly empty. A fuel statio

South Korea's L-money supply fell 0.4% month-on-month in March, reversing from a 0.90% increase in the previous month.

According to Glontech, lithium carbonate futures fell over 4% intraday on May 13, dropping to 197,520 yuan per ton. The contract had risen nearly 2% earlier in the session before reversing course.

According to Investopedia, in a report dated May 12, investors Michael Burry, who is known for predicting the 2008 real estate market crash, published multiple posts on Substack over the weekend, saying that the recent rally in AI-related stocks “feels like the last few months of the 1999-2000 bubble,” and advising to “trim positions in stocks that are rising in a parabolic way.” Burry’s specific warnings and action recommendations According to Investopedia’s report, in his Substack article on S

On May 13, CoinTelegraph reported that JPMorgan has filed documents with the U.S. Securities and Exchange Commission (SEC) to launch on Ethereum a tokenized fund called the “On-Chain Liquidity Token Money Market Fund” (JLTXX). It would allow stablecoin issuers to deposit their stablecoin reserves into regulated cash-like instruments while earning interest. JLTXX Fund Core Terms and Design According to an SEC filing (reported by CoinTelegraph), JLTXX’s main terms are as follows: Investment target

At early close on May 13, Japan's Nikkei 225 index gained 0.3%, while the Topix index rose 1%.