Global TradFi & Macroeconomics

According to Everbright Securities research report, in July, U.S. nonfarm employment unexpectedly declined by 23,000, falling short of expectations of 80,000 gains. The unemployment rate fell to 4.1% against expectations of 4.2%, despite the drop in payrolls. Prior months were revised down by a

Ultra-short-term bond funds in South Korea attracted over 1.4 trillion won in net inflows during the recent one-month period as of the 6th, according to financial data provider FnGuide. The surge followed a 22.19% decline in the KOSPI index last month, which triggered multiple circuit breakers and e

According to Grok AI, XRP traded near $1.03 on August 8 with predictions targeting $2.80–$5 by year-end 2026, or up to $8 under optimistic scenarios, contingent on CLARITY Act passage. The regulatory framework would codify XRP's commodity status under the CFTC, unlocking deeper U.S. institutional

According to Iranian media Fars News, Iran's Foreign Minister stated today (August 8) that negotiations with Oman over a temporary transit route through the Strait of Hormuz are nearing completion and are "very close" to reaching an agreement. The talks involve technical complexities, but both

The won-dollar exchange rate dropped to the 1410 won range after surging to 1560 won two months prior, driven primarily by SK Hynix's American Depositary Receipt (ADR) issuance that brought approximately 26.5 billion dollars into South Korea. The decline eased currency exchange burdens for Korean

According to MBN, SK Hynix's ADR issuance on the Nasdaq brought 26.5 billion dollars into South Korea last month, strengthening the Korean won to 1,410 per dollar, down sharply from 1,560 several weeks earlier. Personal dollar exchange volume surged 70% compared to the previous month as travelers

According to Reuters, WLFI-backed AI Financial Corp sold its Canadian subsidiary ALT5 Sigma Canada to Prime Delta on August 8 for $12 million in secured notes and approximately 11.6 million Prime Delta shares. Of the promissory notes, $1 million is due next week with the remainder paid in

According to The Information, Nvidia has reportedly agreed to invest up to $3 billion in Lancium, a power infrastructure developer backing the Stargate data center project in Texas. The chipmaker will initially contribute $2 billion to acquire approximately 20% of Lancium, with the potential for an

According to Zhitong Finance, Jinsantai Pharma-B (02511) completed a new placement of 98.71 million shares on August 7, raising approximately 222 million Hong Kong dollars (net proceeds). The company's stock price jumped 16.84% on the announcement day and accumulated gains of 30.77% over the

According to CoinGlass data, Coinbase's bitcoin premium index has remained in negative territory for 82 consecutive days from May 19 to Aug 8, with the latest reading at -0.0759%, marking the longest such streak since the index's inception. The previous record was 40 consecutive days from Jan 16 to

According to CBS News, U.S. President Trump announced on Friday plans to provide over $180 million in grants to support mining industry education and trade programs, aiming to increase critical mineral production. The Department of Energy will launch a $100 million grant program to expand talent in

According to the UAE National News Agency, ADNOC (Abu Dhabi National Oil Company) reported that a vessel came under attack overnight with no personnel injured in the incident.

According to the UAE national news agency, an ADNOC vessel was struck by a missile while transiting the Strait of Hormuz on Saturday morning. The situation is reported to be under control.

According to Iran's Revolutionary Guard spokesman, the reopening of the Strait of Hormuz depends on the United States fully accepting Iran's conditions. The spokesman clarified that this is unrelated to ongoing negotiations between Iran and

According to ChainCatcher, the U.S. Commodity Futures Trading Commission (CFTC) issued a notice requiring regulated entities listing, promoting, or facilitating trading of event contracts to provide consumers with clear and accurate pricing information. The CFTC's Market Supervision and Market

Iraqi Oil Minister Bassem Muhammad Hudair said on August 8 that Iraq's oil exports have slumped 75% due to the closure of the Hormuz Strait. Iraq is currently negotiating with Iran to permit its oil exports, though the arrangement has not yet taken

According to Torsten Slok, chief economist at Apollo Management, capital expenditure on data center infrastructure by major cloud service providers is projected to surge from 1.4% of U.S. GDP in 2025 to approximately 3% by 2027-2029, a growth rate that marks the fastest expansion in history. The

According to the Hong Kong Stock Exchange filing on August 7, Qinhao Pharmaceuticals resubmitted its listing application to the HKEx main board, with Huatai International as sole sponsor. This marks the company's second filing after an initial application in January 2026. The biopharmaceutical

According to the Central News Agency, on August 8, the U.S. Pentagon announced a $400 million conditional loan to Australian miner Sunrise Energy Metals to build the first major scandium mining facility in the Western world. The mine will be located in Fifield, New South Wales, approximately 450