Global TradFi & Macroeconomics

According to a report from Huawen Futures cited by Jin10 on June 3, China's refinery operating rates continued to decline amid heightened Middle East geopolitical tensions and lower prospects for Hormuz Strait traffic recovery. The tightening fuel oil supply contrasts with weakening domestic

The U.S. 4-month Treasury bill auction on June 3 saw the discount rate rise to 3.635%, up from 3.63% at the previous auction.

On June 3, the U.S. Treasury 4-month bill auction saw a bid-to-cover ratio of 93.35%, rising sharply from 25.59% at the previous auction. The bid-to-cover ratio measures the total bids received relative to the amount offered, with higher readings indicating stronger

US-based spot Bitcoin and Ethereum exchange-traded funds recorded significant net outflows on June 2nd, with Bitcoin ETFs seeing $519.23 million withdrawn and Ethereum ETFs losing $90.14 million. The outflows marked the 12th consecutive trading day of net withdrawals from Bitcoin ETFs and the 16th c

Altruist announced plans to add margin loans, options trading, and expanded money movement capabilities alongside a new alternatives marketplace, reflecting a shift in which registered investment advisors are gaining access to tools historically associated with full-service brokerages. The advisor-f

According to Kalshi's announcement on X, the prediction market platform has launched Bitcoin perpetual futures, marking the first CFTC-approved BTC perpetual product in the United States. The U.S. Commodity Futures Trading Commission previously reviewed the BTCPERP contract and confirmed it

German 10-year government bond yields rose 5 basis points to 3.03% on June 3, reaching their highest level since May 22.

According to Reuters, Russia's Saratov refinery came under drone attack and suspended operations on May 31. The facility has remained offline following the strike.

According to the U.S. Energy Information Administration, U.S. commercial crude oil inventories fell 7.974 million barrels to 434 million barrels for the week ending May 29, marking the sixth consecutive weekly decline. The stockpile level sits approximately 3% below the five-year average, while

According to Owain Johnson, head of global research and product development at CME Group, liquefied natural gas (LNG) trading has become a key driver of growth in Henry Hub natural gas futures and options in Europe. The exchange saw a 10% increase in Henry Hub futures volume in Europe over the

According to Payward, the parent company of Kraken, retail investors will soon gain access to U.S.-listed initial public offerings at IPO prices through its xStocks tokenized equities framework, set to launch in the coming weeks. Kraken customers and select xStocks partners can register interest

Gate News message, according to the June 3 update, Bitcoin ETFs recorded a 1-day net outflow of 6,679 BTC (valued at $445.2 million) and a 7-day net outflow of 28,955 BTC (valued at $1.93 billion). Ethereum ETFs showed a 1-day net outflow of 31,294 ETH (valued at $57.96 million) and a 7-day net outf

U.S. Treasury Secretary Bessent stated recently that the country faces spending and growth challenges. Bessent forecasted that the deficit-to-GDP ratio could fall below 4% by the time President Trump's term ends, according to his public

According to EIA data, U.S. crude oil production demand implied value rose to 21.243 million barrels per day for the week ended May 29, compared to 19.402 million barrels per day in the previous week, representing an increase of

According to the EIA, distillate fuel production fell to 5.0864 million barrels per day for the week ended May 29, down from 5.51 million bbl/d in the prior week.

U.S. heating oil inventories fell to 255,000 barrels in the week ending May 29, according to the Energy Information Administration (EIA), down from 306,000 barrels in the previous week.

U.S. crude oil imports declined by 249,000 barrels for the week ending May 29, according to EIA data, compared to a previous reading of 360,000 barrels.

According to the U.S. Energy Information Administration (EIA), U.S. refinery crude oil production rose to 98,000 barrels per day for the week ended May 29, up from 76,000 barrels per day in the prior week.

According to EIA data, U.S. crude oil refinery inventories rose to 1.502 million barrels for the week ended May 29, compared to a forecast decline of 319,000 barrels and a previous week decline of 2.107 million barrels.

According to EIA data, U.S. refinery equipment utilization rate came in at 94.7% for the week ending May 29, slightly below the expected 94.8% and up from the prior week's 94.5%.