Global TradFi & Macroeconomics

South Korean petrochemical stocks surged on the 23rd following government approval of a major industry restructuring plan. Lotte Chemical rose 6.08% that day and gained 10.95% over two days since the 21st, while Hanwha Solutions climbed 12.78% and DL rose 10.65% in the same period.

According to Zhitong Finance, Modern Dairy (01117) announced it expects to achieve a pre-tax profit of at least 43 million yuan in H1 2026, turning profitable compared to a pre-tax loss of approximately 972 million yuan for the six months ended

According to Chinalink Finance APP, Chow Tai Fook (01929) reported that group retail sales rose 15.1% year-over-year in the first quarter ended June 30, 2026. Mainland China retail sales increased 10.7%, while Hong Kong, Macau and other markets grew 44.8%. Same-store sales in mainland China rose 19.

Strategy announced the launch of the Bitcoin Security Consortium on Thursday. The coalition pledged an aggregate $15 million over the next three years to support developers securing the Bitcoin network against quantum computing threats. Founding members include Anchorage Digital, ARK Invest,

According to South Korea's Ministry of Trade, Industry and Energy, on July 23, LotteChemical shares rose 10.95% over two days following the government's approval of the Yeosu 1 petrochemical restructuring plan. Hanwha Q Cells rose 12.78% and DL Chemical climbed 10.65% over the same period. The restr

According to Jin10, ECB President Christine Lagarde said on July 23 that inflation risks are tilted to the upside. Energy shocks could intensify further, with broader price and wage impacts potentially exceeding current expectations, she said. Persistent high energy prices increase the likelihood

Gate News: According to the latest Gate TradFi data, VOLX (Volatility Index) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to Smart Finance, Hangtian Chengcheng (02726) expects adjusted net profit of approximately 134-144 million yuan for the first half of 2026, representing a year-over-year increase of 38% to 48.5% from 97 million yuan in the same period of 2025. The company also expects net profit of

Elon Musk, CEO of Space Exploration Technologies Corp. and Tesla Inc., warned on Thursday that rapidly advancing AI models pose imminent risks and proposed that rival AI labs should inspect each other's latest systems before release. During an interview with The Economist, Musk said the

According to Jin10, Brent crude oil futures broke $100 per barrel on July 23 for the first time in two months. The surge follows claims by Yemen's Houthi forces that they attacked two Saudi tankers in the Red Sea,

According to an official announcement on July 23, Siasun Robot & Automation (06106) guided that revenue for the six months ended June 30, 2026 is expected to reach at least RMB 252.6 million, representing growth of at least 60% compared to the same period in 2025. Gross profit for H1 is projected at

Spot gold declined 2.00% intraday to $4,046.92 per ounce, while spot silver fell 4.00% to $57.30 per ounce during the same period.

South Africa's repo rate came in at 7% on July 23, below the expected 7.25% and unchanged from the previous 7.00%.

Shanghai Futures Exchange silver mainline contract dropped 4.00% on July 23, trading at 14,141.00 yuan per kilogram.

ECB President Christine Lagarde stated today that conditions have remained relatively stable since the June monetary policy decision.

According to Jin10, U.S. Treasury yields reached year-to-date highs today (July 23). The 2-year yield rose approximately 4 basis points to 4.34%, marking the highest level since early 2025, while 10-year yields also surged to year-to-date peaks. Market participants increasingly expect the Federal

Shanghai gold futures main contract declined 2.00% intraday on July 23, trading at 885.74 yuan per gram.

According to Guru Club, China's Securities Regulatory Commission held a regulatory work meeting on July 23, emphasizing stricter supervision to protect market fairness. The regulator pledged to intensify enforcement against financial fraud, insider trading, and market manipulation while

According to Trump's financial disclosure filed with the U.S. Office of Government Ethics, he earned over $1.4 billion from family crypto projects, including World Liberty Financial and Trump meme coin, last year. Reuters analysis showed his stock and bond portfolio size grew at least threefold

The South African Reserve Bank raised its core CPI forecast for 2026 to 3.8 percent from 3.7 percent, according to its latest official statement. The 2027 core CPI forecast was held unchanged at 3.7 percent.