Global TradFi & Macroeconomics

According to the American Petroleum Institute (API), U.S. crude oil inventories increased by 2.603 million barrels for the week ended July 17, compared to expectations of a 500,000-barrel decline and the previous week's 564,000-barrel

According to API data, U.S. refined oil imports reached 43,000 barrels per day for the week through July 17, compared to negative 188,000 barrels per day in the prior week.

According to the American Petroleum Institute (API), U.S. gasoline inventories declined by 1.379 million barrels for the week ending July 17. The actual draw fell short of the expected 1.81 million-barrel decline and came after a 1.664 million-barrel decrease in the prior week.

According to Jin10, U.S. API crude oil imports surged to 355,000 barrels for the week ending July 17, compared with a decline of 119,000 barrels in the prior week.

According to JP Morgan's July 21 report on South Korean equity market dynamics, a sharp 28% decline in KOSPI since June has been primarily driven by excessive deleveraging and forced liquidations of leveraged positions by hedge funds and retail investors. Leveraged ETF net

Falcon Finance launched the USDf card across more than 90 jurisdictions for verified users, enabling spending of tokenized assets online, in stores, and through supported mobile wallets. The card allows users to mint USDf by depositing approved collateral—including cryptocurrencies, tokenized

The USD/JPY exchange rate broke through 163 yen on the 21st (local time), reaching its highest level in 40 years. According to Yonhap Infomax currency data (screen 6416), the rate stood at 163.137 yen at 2:14 PM on the 21st, up 0.617 yen (0.380%) from the previous close. The last time the USD/JPY ra

According to Yonhapinfomax, the dollar-yen exchange rate broke through 163 yen on July 21 at 2:14 PM New York time, reaching 163.137 yen and marking its highest level since December 1986. The pair briefly spiked to 163.213 yen. The yen's weakness is driven by rising crude oil prices amid U.S.-Iran m

On Tuesday (July 21), emerging market ETF closed up 2.80%, leading major asset classes. Brent oil fund surged 2.51%, while gold ETF gained 1.96% and Nasdaq-100 ETF rose 1.85%. Other gainers included Barclays convertible bond ETF, Russell 2000 ETF, S&P 500 ETF, and Dow ETF (all up at least 0.69%),

The U.S. API crude oil inventory report for the week ending July 17 will be released momentarily.

The Nasdaq Golden Dragon China Index closed down 0.7% today. Among major Chinese tech stocks, Tencent fell 3.5%, NetEase declined 3.4%, Alibaba dropped 2%, and Pinduoduo slid 1.3%, while MediaTek subsidiary ASM Pacific Technology surged 8.7%. In ETF trading, the China Internet ETF (KWEB) fell 1.53%,

An individual investor switched their entire portfolio to Samcheonang Pharmaceutical stocks after forced liquidation of an SK Hynix margin position, according to a post on online community Fmkorea on the 21st. The investor had posted on the 18th requesting a loan to cover 140 million won in margin d

Uphold has launched access to more than 4,000 U.S. stocks and ETFs for U.S. customers, adding traditional securities to a platform historically built around digital assets. The launch allows users to trade equities and fractional shares from the same app used for crypto trading, with plans to

According to Financial News, a South Korean investor shifted their entire portfolio from SK Hynix to KOSDAQ-listed Samchundang Pharma on July 21, the day after forced liquidation of their margin trading position. The investor had posted on online community epumkorea on July 18 seeking to borrow

Uphold has launched trading access to more than 4,000 U.S. stocks and ETFs for U.S. customers, adding traditional securities to the platform. The offering includes fractional shares and plans to expand to 24-hour-a-day, 5-day-a-week trading. Uphold's U.S. President Nancy Beaton said: "People want on

Supermicro Computer (SMCI) expects Q4 revenue to land near the lower end of its guidance range of $11–12.5 billion. The company raised its Q4 gross margin guidance to 15%-17%, compared to its previous forecast of 8.2%-8.4%. The significant margin expansion signals improved operational efficiency an

On July 21, U.S. stock indices closed higher. The Dow Jones Industrial Average rose 385.56 points, or 0.74%, to close at 52,224.82. The S&P 500 gained 65.91 points, or 0.89%, finishing at 7,509.19. The Nasdaq Composite advanced 329.13 points, or 1.29%, closing at 25,837.21.

On Tuesday, July 21, most U.S. sector ETFs rose, with the Semiconductor ETF leading gains at 4.52%, followed by the Global Tech Stock Index ETF at 3.11% and Technology Sector ETF at 2.89%. Energy sector ETF gained 0.98%, while the Internet Stock Index ETF

According to Jin10, the U.S. dollar index rose 0.21% on July 21, closing at 101.172 in New York forex trading. The euro weakened to 1.1403 per dollar from 1.1415, while sterling declined to 1.3381 from 1.3436. The yen strengthened to 163.18 per dollar from 162.50, and the Swiss franc rose to 0.8129

According to Jin10, U.S. stock indexes closed higher on Tuesday, July 22. The Dow Jones rose 0.74%, the S&P 500 gained 0.89%, and the Nasdaq advanced 1.29%. Semiconductor stocks led gains, with SK Hynix (SKHY.O) jumping 13.7%, Micron Technology (MU.O) up 12%, and SanDisk (SNDK.O) climbing 14%.