Global TradFi & Macroeconomics

Taiwan Semiconductor Manufacturing Company (TSMC) rose more than 3% in pre-market trading on July 21. According to reports, the company plans to raise prices for both advanced and mature process chip manufacturing services by up to 10% starting in 2027.

BlackRock led a debt financing package of at least $12 billion today (July 21) to support Meta Platforms' large-scale data center project in Texas. The financing, organized by BlackRock and co-arranged with other institutional investors, will support the technology company's infrastructure

Gate News: According to an official announcement from Gate, Gate will first launch four Quanto Perpetual Contracts—TENCENTHKD, ZHIPUHKD, MINIMAXHKD, and XIAOMIHKD—on July 21, 2026 at 16:30 (UTC+8). The contracts support both long and short trading with 1–20x leverage, which users can select when placing an order. TENCENTHKD uses Tencent Holdings (00700.HK) as its underlying; ZHIPUHKD uses Zhipu (02513.HK) as its underlying; MINIMAXHKD uses MINIMAX-W (00100.HK) as its underlying; XIAOMIHKD uses X

According to MSX.COM data, optical communications stocks rose in pre-market trading on July 21. Marvell Technology surged over 6%, followed by Credo and Coherent up 5%, and Lumentum and Corning gaining 4.5%.

According to MSX.COM data, Zhipu (02513.HK) surged 36.89% at Hong Kong market close on July 21. The Hang Seng Index declined 0.04%, while the Hang Seng Tech Index rose 1.32%.

According to ChainCatcher, digital asset investment firm CoinShares launched a Bitcoin mining UCITS ETF to enter Europe's $30 trillion institutional investment market. The product targets major European institutional investors, including pension funds, insurance companies, and private

According to Korea Exchange, Samchundang Pharmaceutical's stock plunged 71,500 Korean won (29.92%) on July 21 to close at 167,500 won, reversing gains from the previous day's limit-up close at 239,000 won. The sharp reversal followed the company's announcement that it received a Pre-ANDA response l

The second-quarter earnings releases from the Magnificent Seven U.S. tech giants are emerging as a key variable shaping the direction of South Korea's KOSPI index. As global markets face uncertainty over AI peak-out concerns, investors are closely watching the earnings reports from hyperscale data c

According to Bloomberg, Max Kettner, HSBC's chief multi-asset strategist, has maintained a bullish equity position since February 2023, even as competitors warned of geopolitical risks and potential market bubbles. During the Iran conflict, Kettner increased his stock holdings rather than

On July 21, 2026 (Beijing time), bitcoin mining firm IREN Limited (Nasdaq ticker: IREN) closed at $40.20, up 19.57% on the day. Intraday, the share price briefly touched $41.10, an increase of more than 22% from the previous day’s close of $33.62. This surge was not driven by a synchronized rise in the bitcoin price—in fact, bitcoin did not show wild, proportional fluctuations during this period. The key driver behind the spike in IREN’s share price was major progress

Korea Zinc held an emergency board meeting on the 21st and decided to convene a shareholder meeting on September 9 to address director appointments amid an ongoing management dispute with MBK Partners and Youngpoong. The decision follows the failure to appoint audit committee members at the March re

According to Reuters, UK semiconductor wafer maker IQE raised its 2026 revenue growth forecast to above 30% from 20% today (July 21) after stronger-than-expected first-half trading. The company reported first-half revenue of at least 64 million pounds (US$86 million) and expects 2026 core profit in

According to Hyperinsight monitoring, a whale tracking semiconductor holdings liquidated 8 tech stock long positions on July 17, realizing losses of approximately $9.81 million on $17.87 million in notional liquidations. The positions primarily consisted of semiconductor and storage plays,

According to Korea Exchange, South Korea's stock market triggered trading halts on July 21 as the market continued its volatile pattern, with prices swinging sharply between rallies and declines throughout the session. Circuit breakers and trading curbs were activated multiple times to contain marke

Storage chip stocks rose pre-market on July 21, with SanDisk climbing 7%, SK Hynix up 6%, Micron Technology gaining 5%, Western Digital rising 5%, and Seagate Technology advancing 5%.

According to the European Central Bank Credit Survey, housing loan demand in the eurozone fell significantly in the second quarter and is expected to decline further in the third quarter.

The London Stock Exchange is planning a separate overnight trading venue scheduled to launch in the first half of 2027, according to a Financial Times report published Tuesday. The initiative aims to meet retail demand from international investors and respond to increasing investor demand for

According to Jin10 and the Shanghai Gold Exchange, the trading compensation fee payment directions for July 21 are: Au(T+D) contracts charge shorts (space pays longs), while Ag(T+D) contracts charge longs (longs pay shorts). Data aggregates trading sessions from July 20 (20:00–02:30) and July 21 (09

According to the London Metal Exchange (LME), base metal inventories declined across the board on July 21. Copper stocks fell 4,350 tonnes, lead dropped 2,025 tonnes, aluminum decreased 1,500 tonnes, zinc fell 650 tonnes, nickel declined 1,182 tonnes, and tin stocks reduced by 30 tonnes.

According to Jin10, nine major currency option strikes with notional values exceeding $1 billion are set to expire on July 21 at 22:00 Beijing time. The expiring options span euro, sterling, Australian dollar, Canadian dollar, and Japanese yen