Global TradFi & Macroeconomics

According to a Chevron statement, the company is shutting down oil production at its Petronius platform in the Gulf of Mexico and evacuating all personnel to land in response to an approaching tropical storm. Chevron said oil production at its other Gulf of Mexico operations continues at normal

Morgan Stanley overtook Goldman Sachs as the top AI debt-deal bank in 2026 as global AI-related debt issuance nears $570 billion. Morgan Stanley CEO Ted Pick states that 2026 data center capital expenditure is running near $850 billion, up from a $575 billion forecast made in November 2025. The

According to Bitcoin.com News, Morgan Stanley overtook Goldman Sachs as Wall Street's top AI debt-deal bank in 2026 as global AI-related debt issuance approached $570 billion. Morgan Stanley CEO Ted Pick noted that data center capital expenditure surged to roughly $850 billion in 2026, up 48% from a

According to BlockBeats, Alphabet stock rose 2.8% on July 20, boosting the combined wealth of Google co-founders Larry Page and Sergey Brin by approximately $15 billion. Page's net worth increased by around $8 billion to $292.4 billion (second globally), while Brin's rose by $7.4 billion to $269.7 b

On July 20, German DAX 30 index closed up 0.12% at 24,862.78 points. France's CAC 40 rose 0.11%, Italy's FTSE MIB gained 0.04% with its banking index up 0.71%, while the UK's FTSE 100 fell 0.73%.

On July 20, the U.S. 3-month Treasury bill auction settled at a yield of 3.73%, down from 3.76% in the previous auction.

The KOSDAQ market recorded trading volume of 4.7937 trillion won on the 20th, marking the first time this year the figure dropped into the 4 trillion won range. The last time KOSDAQ trading volume fell below 5 trillion won was August 28 last year at 4.6842 trillion won. The decline occurred as

The U.S. 6-month Treasury Bill auction on July 20 saw a bid-to-cover ratio of 2.94, down from the previous auction's 3.11.

On July 20, the U.S. 3-month Treasury bill auction achieved an acceptance rate of 73.01%, significantly higher than the previous auction's 8.47%.

The U.S. 6-month Treasury auction on July 20 saw the winning bid yield settle at 3.835%, down 2.5 basis points from the previous auction's 3.86%.

The bid-to-cover ratio for the U.S. 3-month Treasury auction reached 3.0 on July 20, up from 2.84 in the previous auction, indicating stronger demand from bidders relative to the amount of debt offered.

According to Korea Exchange, KOSDAQ's daily trading volume fell to 4.79 trillion won on July 20, marking the lowest level since August 28, 2025. The KOSDAQ index dropped 5.33% to close at 749.64. As market funds concentrate in large-cap stocks, over 350 KOSDAQ-listed companies now face delisting ri

According to prediction market platform Kalshi, Coinbase's Q2 trading volume is expected to fall below market consensus, with only a 41% probability of exceeding $160 billion. The odds of surpassing $170 billion are just 25%, below FactSet analysts' estimate of $168.5 billion. However, the probabili

According to HSBC strategists, the timing of Asia's deleveraging and retail selloff remains difficult to determine, while semiconductor stock technicals are approaching oversold territory but have not yet reached extreme levels. The bank prefers European equities, equal-weight S&P 500

From 15:00 to 15:15 UTC on July 20, 2026, BTC rapidly surged in the short term. Within 15 minutes, the return rate reached +0.88%. The price rose from 64,415.9 USDT to 64,985.7 USDT, with an amplitude of 0.88%. Over the past 24 hours, BTC is up about 0.77%, recovering from a low near $63,734 to around $64,955, with the overall trading range remaining at $63,733.8–$65,106.6. The main driver of this unusual move is the continued escalation of the military conflict between the US and Iran, which ha

According to HSBC strategists led by Max Kettner, sentiment and positioning indicators are displaying early warning signs for risk assets on July 20, 2026. The team's report noted that long-only investor positioning has risen, signaling elevated risk appetite. While Middle East tensions have

Benchmark maintained its Buy rating on Exodus Movement after the crypto wallet provider announced Friday it would lay off 25% of its workforce. Analyst Mark Palmer lowered his price target to $12 from $23 while keeping the Buy rating, citing a weaker crypto market but noting investors are

South Korea's National Pension Service purchased approximately 370 billion won worth of SK Hynix stocks in July, according to Korea Exchange data released on July 20. The pension fund's buying activity occurred as SK Hynix shares declined 33.43% this month amid semiconductor peak-out concerns,

According to Seoul Stock Exchange, KOSPI plunged 4.46% (304.33 points) to close at 6,516.27 on July 20, marking another sharp decline as Chinese AI startup MoonShot's release of its Kimi K3 model triggered market turmoil. The index fell 28.02% over the past month, significantly underperforming

According to Korea Exchange data released on July 20, South Korea's National Pension Service and affiliated pension funds purchased approximately 370 billion won worth of SK Hynix shares this month despite semiconductor sector weakness. The purchase reflects the fund's view that SK Hynix's stock