Global TradFi & Macroeconomics

UK 20-year government bond yields rose to 5.734% today (May 12), marking the highest level since July 1998. The yield gained 12 basis points during the session.

According to Treasury Secretary Bessent, global bond yields are rising as markets price in inflation. The comments reflect broader concerns about inflation dynamics affecting fixed-income markets globally.

According to Golden Ten Data, on Tuesday, May 12, UK government bond prices fell sharply following local election losses for Prime Minister Keir Starmer's Labour Party. The 10-year gilt yield surged 10 basis points to 5.10%, as growing calls from Labour politicians for Starmer's resignation fueled i

According to Shanghai Gold Exchange, on May 12, gold T+D closed 0.23% higher at 1028.49 yuan per gram, while silver T+D gained 4.39% to close at 20750.0 yuan per kilogram.

According to The Economic Times, Peak XV Ribbit Capital and Y Combinator sold 30.91 crore shares representing 5.01% equity in Groww on May 12 after the IPO lock-in period expired. The block deal was valued at approximately 53.7 billion rupees ($565 million) at a floor price of 182.3 rupees ($1.9) pe

According to U.S. Treasury Secretary Bessent, on May 12 he did not raise any requests regarding monetary policy with Japanese Prime Minister Takayaki Koizumi. Both the U.S. and Japan agreed that excessive volatility in foreign exchange markets is

Gate News: According to the latest Gate TradFi data, USDKRW (US Dollar vs South Korean won) has surged by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Japan's Ministry of Finance declined to comment on market speculation regarding currency intervention checks today, according to the official statement.

According to Agence France-Presse, the U.S. Treasury Department imposed sanctions on 12 entities on Monday (May 11), including those in Hong Kong, for allegedly transporting Iranian oil to China. In response, China's Foreign Ministry spokesperson said Beijing firmly opposes illegal unilateral sancti

According to Shanghai Futures Exchange data on May 12, energy and chemical commodity warehouses recorded mixed movements. Crude oil asphalt factory inventory rose to 31,220 tons, up 9,430 tons from the previous trading day. Conversely, low-sulfur fuel oil warehouse stocks declined to 13,040 tons,

Federal Reserve Chair Williams, a permanent FOMC voting member and president of the New York Federal Reserve, will participate in a monetary policy panel discussion in 10 minutes.

The Australian dollar declined 0.50% intraday on May 12, trading at 0.7209 against the U.S. dollar.

Sterling declined 0.50% during today's trading session, with GBP/USD now trading at 1.3542.

According to Jin 10 Futures, spot platinum fell 3.74% and spot palladium declined 2.04% as of 15:00 Beijing time on May 12.

On May 12, European stock indices opened lower. The Stoxx 50 (Europe's benchmark equity index) fell 1.12%, Germany's DAX declined 1.2%, and the UK's FTSE 100 dropped 0.87%, while France's CAC 40 remained

Low-sulfur fuel oil (LU) futures rose 4.00% intraday to 5,121 yuan per ton on May 12. Shanghai crude oil (SC) futures gained 2.00%, trading at 645.40 yuan per barrel.

WTI crude oil rose 2% to $100.61 per barrel today, while Brent crude climbed 1.75%.

Spot platinum fell 3% intraday on May 12, trading at $2,067.15 per ounce.

According to Jin10, foreign exchange options including EUR, AUD, and JPY with nine strike prices of over 1 billion each will expire today (May 12) at 22:00 Beijing time. Market participants are advised to manage associated

According to Glon Hui, India's Oil Minister stated on May 12 that India has never imported liquefied natural gas from Russia.