Global TradFi & Macroeconomics

According to Jin10, nine foreign exchange options contracts with strike prices of 1 billion yuan or above are set to expire at 22:00 Beijing time on June 3, 2026. The expiring contracts involve euro, Japanese yen, Australian dollar, and British pound options.

According to Jin10 Futures, the CNEX money market sentiment index reported 49 as of 2:30 p.m. on June 3, unchanged from 10:15 a.m. The sentiment readings for major banks, mid-sized banks, and non-bank institutions were 47, 50, and 48 respectively, all holding steady. The index ranges from 0 to 100,

According to Jin10, eurozone inflation exceeded 3% for the first time since 2023 on June 3, strengthening market expectations for European Central Bank rate hikes in June. Separately, the ECB's foreign exchange reserves increased by €1.8 billion to €344.2 billion. Additionally, the Indonesian

According to Goldman Sachs on June 3, the investment bank raised Taiwan to overweight, increased its target price for South Korean shares, cut Hong Kong-listed H-shares to market weight, and maintained mainland A-shares at overweight. The upgrades reflect North Asia's strongest earnings growth

According to Odaily, Kuaishou's video generation subsidiary Kling AI is raising capital at a pre-IPO valuation of $18 billion. The company plans to submit Hong Kong Stock Exchange IPO application materials in

According to a statement posted on social media, India's government has denied recent news reports claiming that India's central bank may have sold approximately $12 billion in gold, characterizing the reports as

According to ChainCatcher, U.S. senators including Bernie Sanders and Elizabeth Warren have recently opposed a Labor Department proposal to allow cryptocurrencies in 401(k) retirement plans, citing concerns that the move could jeopardize Americans'

According to The Block, Bitcoin briefly fell below $66,000 late Tuesday night, dropping to a low of approximately $65,700 before rebounding to $66,460 by 1:00 a.m. ET Wednesday. Ethereum slipped 7.1% to $1,849, while BNB lost 7.2% to $635. XRP fell 4.8%, and Solana declined 7.7%. U.S. spot

According to the Bloomberg Billionaires Index, ByteDance founder Zhang Yiming's net worth reached $92.8 billion in the latest update, rising to second-wealthiest in Asia and surpassing India's Mukesh Ambani ($86.9 billion). The wealth increase reflects ByteDance's valuation reassessment following th

Low-sulfur fuel oil (LU) futures contracts surged 2.10% intraday on June 3, trading at 4,871 yuan per ton. Liquefied petroleum gas (LPG) futures climbed over 2.00% on the same day, reaching 5,830 yuan per ton.

According to the Silicon Industry Association, domestic polysilicon output is expected to increase to 90,000-91,000 tons in June. N-type recovered ingot (rod-shaped silicon) saw average transaction prices of 34,700

According to the U.S. Treasury Department's Office of Foreign Assets Control (OFAC), the United States sanctioned Nobitex, Iran's largest cryptocurrency exchange, along with three other Iranian digital asset trading platforms: Wallex, Bitpin, and Ramzinex. OFAC stated

Japanese sanitary ware manufacturer Toto's stock price rose 11% today, marking its largest intraday gain in over a month. According to company announcements, semiconductor-related capital expenditures are expected to exceed 50% of total capex in coming years. The company is benefiting from surging d

According to the European Central Bank report released on June 2, gold has become the largest asset in global official reserves as of end-2025, commanding 27% of total official reserve assets, while U.S. Treasury securities accounted for 22% of the

According to Jin10, on June 3, Indonesia's stock market tumbled to its lowest level in five years, with the Jakarta Composite Index plunging 5.2% to its lowest since May 2021. The Indonesian rupiah also hit a historic low, falling 0.5% against the U.S. dollar and leading losses across Asian

According to BitPinas, the Philippines' Commission on Elections (COMELEC) removed blockchain technology and voter verification systems from its 2028 presidential election budget proposal on June 3, reducing the initial 25 billion peso budget by approximately 6 billion pesos. The commission cited bud

Morgan Stanley Investment Management launched a stablecoin reserve fund to meet rising institutional demand for compliant digital asset infrastructure. The move deepens its push into tokenization and crypto-linked products as market participation expands. Key Takeaways: Morgan Stanley

ST Xilinmen's controlling shareholder Zhejiang Huayi Smart Manufacturing and its concert party Huahan Investment had their pre-restructuring applications accepted by Yuecheng District People's Court on May 29, according to case decisions (2026)浙0602破申77号 and (2026)浙0602破申78号. The applications stem f

Goldman Sachs raised its target for South Korea's KOSPI 200 index (South Korea's benchmark equity index) to 12,000 points from 9,000, according to strategists including Timothy Moe. The adjustment reflects expectations that artificial intelligence-driven profit growth in the technology-heavy