Global TradFi & Macroeconomics

From 00:45 to 01:00 (UTC) on July 20, 2026, BTC fell by 0.41% over 15 minutes. Its price range was 64,411.7–64,822.2 USDT, with an Ampl of 0.63%. Over the past 24 hours, BTC’s price change was only -0.02%. The current offer is about $64,824.5. The intraday trading range is limited to $64,278–$64,970 (Ampl of about 1.1%). Overall, the market shows extremely low volatility characteristics: trading is thin and the filled amount is at a relatively low level. The main driver behind this abnormal move

DCK Investment, an investment vehicle affiliated with Macquarie Asset Management, announced on July 20 a tender offer for KOSDAQ-listed Gabia at 48,000 won per share. The offer targets 9,805,505 shares (73.1% of issued stocks) excluding treasury stocks and controlling shareholder stakes, with a

A survey of 13 domestic macroeconomic experts by Yonhap Infomax forecasts South Korea's Q2 GDP growth at 0.37% quarter-on-quarter, following Q1's 1.8% expansion. The projection is driven by strong exports led by the semiconductor sector and supported by the government's expansionary fiscal stance. T

Kevin Warsh, the new Federal Reserve Chair, testified to Congress last week and confirmed plans to reduce the Fed's forward guidance and communication transparency, marking a sharp departure from predecessor Jerome Powell's approach. Warsh stated that providing forecasts for upcoming meetings

Kevin Wash, the new Federal Reserve Chair, announced a significant shift in the Fed's communication strategy during Congressional testimony last week, stating the central bank will adopt a more cautious approach by reducing forward guidance and eliminating the dot plot. This marks a departure from t

According to Guru Club, shipping index Europe route main contract rose 5% intraday on July 20, currently trading at 2775.0 points.

According to Piper Sandler, the investment firm cut its price target for Coinbase to $155 from $170 on July 16, while maintaining a neutral rating on the cryptocurrency exchange.

South Korea's KOSPI Stocks index fell over 4% in early trading but reduced losses as foreign investors net bought 256.2 billion won. The benchmark declined due to weakness in US markets and Middle East geopolitical tensions. Foreign and institutional buying reversed the selloff, with the index

According to Yonhapinfomax, on July 20, DCK Investment, a subsidiary of Macquarie Asset Management, launched a public tender offer for KOSDAQ-listed Gabia at 48,000 won per share. The bid is 41.6% higher than the previous trading day's closing price of 33,900 won and 56% above the one-month

Liquefied petroleum gas (LPG) futures rallied intraday on July 20, gaining over 6% to reach 5,522 yuan per ton.

According to Korea Exchange, KOSPI fell to 6,794.29 on July 20 morning session, down 0.39% from the previous close, after opening down 2.60% and briefly plunging over 4% amid weakness in U.S. markets and Middle East tensions. Foreign investors and institutions purchased a combined 2.69 trillion

According to CNBC, on July 18, Warren Buffett disclosed for the first time that Berkshire Hathaway's past decision not to invest in Google (Alphabet) was a mistake, calling the company more likely to succeed than 90-95% of companies trading on Wall Street. Berkshire currently holds

Taiwan's Weighted Stock Index (TAIEX) opened 0.3% higher today at 42,793.15.

Bitcoin was reported at $64,543 on July 20, and it held steady with strong bullish momentum amid rising risks in the U.S. stock market and escalating geopolitical tensions. The main support comes from institutional capital inflows into spot Bitcoin ETFs for four straight days. On the geopolitical front, Iranian ballistic missiles struck the Muwaffaq Salti airbase in Jordan, killing 2 U.S. personnel. The U.S. subsequently launched another round of strikes against targets in Iran; Iran said it wou

According to the Shanghai Gold Exchange, gold futures (T+D) rose 0.49% to 875 yuan per gram on Monday morning (July 20), while silver futures (T+D) gained 1.64% to 13,700 yuan per kilogram during the same

According to official prospectus, Changxin Technology launched its initial public offering on Shanghai Stock Exchange on July 16, priced at 8.66 yuan RMB per share, valuing the company at 579 billion yuan RMB and raising approximately 57.9 billion yuan—the largest IPO in Shanghai Stock Exchange

According to Jin10, on July 20, the People's Bank of China left one-year and five-year loan prime rates (LPR) unchanged at 3% and 3.5% respectively, marking the 14th consecutive month of no change.

China's one-year loan prime rate (LPR) remained at 3% as of July 20, unchanged from the previous month. The rate matched market expectations of 3.00%.

China's five-year loan prime rate (LPR) stood at 3.5% on July 20, unchanged from the previous reading and in line with market expectations.

According to iM Securities analyst Kim Jun-young on July 20, South Korea's KOSPI index is unlikely to recover its earlier highs by the end of Q3 and is expected to trade range-bound and search for direction through year-end. The analyst noted that elevated