Global TradFi & Macroeconomics

On Friday evening (July 24), Shanghai Gold Exchange gold T+D futures closed up 0.62% at 886.61 yuan per gram, while silver T+D futures gained 1.45% to close at 14,268.0 yuan per kilogram.

WTI September crude oil futures closed at $89.31 per barrel today (July 24), down $2.88 or 3.12%. The contract gained 9.21% over the week, marking the third consecutive weekly advance after four weeks of consecutive losses. NYMEX August natural gas futures settled at $2.8710 per million British

NYMEX August gasoline futures settled at $3.3959 per gallon on July 24, while August heating oil futures closed at $4.1806 per gallon.

During night session trading on July 24, Shanghai Futures Exchange crude oil 2609 contract fell 2.55% to 577.70 yuan per barrel. Shanghai gold rose 0.18% while Shanghai silver gained 1.39%.

Gold and silver prices rose ahead of the North American market open Friday, with spot gold trading near $4,055.00 an ounce, up 0.16%, and spot silver near $58.31, up 1.35%. Precious metals steadied after Thursday's selloff as traders assessed a stronger U.S. labor-market signal, the European

According to Kitco NewsWire, spot gold was trading near $4,055.00 on Friday, up 0.16%, while spot silver was trading near $58.31, up 1.35% on the session. Precious metals steadied after Thursday's selloff as traders weighed U.S. jobless claims data—which fell to 187,000 for the week ended July 18, t

Individual investors in the Korean stock market sold 6.8 trillion won worth of stocks over three trading days from May 21 to May 23, according to Korea Exchange data released on May 25. The mass selling followed extreme volatility that saw the KOSPI index fall more than 30% from its May 19 high of 9

According to South Korea's exchange, individual investors sold off 6.8 trillion won in equities over 3 trading days ending July 23, amid extreme market volatility. Foreign investors purchased 6.8 trillion won during the same period, creating a sharp contrast. Retail investors conducted consecutive s

According to Brazil's National Industrial Confederation (CNI), approximately 3,900 products could face U.S. tariffs averaging 37.5%, with a total economic impact estimated at $12.4 billion.

According to Korea Exchange, South Korea's benchmark KOSPI index fell more than 30% from its intraday high of 9,385.59 points on July 19, sparking a wave of retail investor exits. Prompted by concerns over further declines, individual investors are executing stop-loss orders and taking profits as th

According to Goldman Sachs, U.S. initial public offerings (IPO) raised a record $225 billion in the first half of 2026, surpassing historical highs. Market experts discussed whether the IPO boom signals late-cycle economic indicators and potential market bubble risks. According to the bank's

According to ICE data, hedge funds' net long positions in Brent crude increased by 22,192 contracts to 192,031 in the week of July 21, marking a six-week high.

Wise plans to resubmit its U.S. national trust bank charter application under the GENIUS Act framework, according to a William Blair note on Friday. The Office of the Comptroller of the Currency denied Wise's original application in a July 21 letter, citing incompatibility with new Federal Reserve p

Moody's Ratings warned this week that unprecedented AI infrastructure spending threatens the credit quality of Amazon, Meta, Alphabet, Microsoft, Oracle, and CoreWeave. In a research note released Wednesday, the ratings firm said the spending surge is forcing even cash-rich corporations like Alphabe

According to Moody's Ratings research released this week, unprecedented spending on AI infrastructure is eroding free cash flow and heightening balance-sheet risk at major hyperscalers including Microsoft, Alphabet, Amazon and Meta. The ratings firm projects capital expenditures will reach $785

China completed its first cross-border payment to Singapore using the digital yuan, with the Industrial and Commercial Bank of China's Shanghai branch and ICBC Singapore transferring approximately 10 million yuan in import shipping fees on the same day. The transaction was conducted via China's

According to ICBC Shanghai and ICBC Singapore, China completed its first cross-border payment using digital yuan on July 24, transferring approximately 10 million yuan in import shipping fees via the Digital Currency Express (CBETS) platform. The transaction involved W Company, a subsidiary of a

Morgan Stanley reiterated its Overweight rating on SpaceX (SPCX) with a $300 price target ahead of the company's lockup expiry on Aug. 6, 2026, according to analyst Adam Jonas, who described SpaceX as 'uniquely positioned across launch, connectivity, and AI.' The brokerage cited a 'disconnect'

Morgan Stanley believes SpaceX's (SPCX) fundamentals remain largely unchanged despite growing bearish sentiment, presenting an attractive entry point as the company approaches its IPO lockup expiration on August 6, 2026. Analyst Adam Jonas reiterated the firm's 'Overweight' rating and $300 price

This week, ICE UK natural gas futures climbed 9.77% to close at 152.300 pence per therm on Friday, July 24. TTF Dutch natural gas futures, the European benchmark, gained 6.84% to 62.910 euros per megawatt-hour. ICE EU carbon emission allowances futures also advanced 5.59% to 82.98 euros per