Global TradFi & Macroeconomics

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

According to the ECB Credit Sentiment Survey, demand for loans to businesses increased in the second quarter, while the share of rejected loan applications also rose, reflecting tightening credit conditions amid economic

According to the Financial Times, the London Stock Exchange plans to launch an independent overnight trading venue in the first half of 2027, operating from 5 p.m. to 7:50 a.m. with a 30-minute pause for end-of-day processing. The new platform will initially provide access to exchange-traded

According to Odaily, SpaceX will unlock 8% of total shares on August 6, two days after releasing its Q2 2026 earnings on August 4. Based on the company's prospectus, early shareholders' restricted shares will begin vesting following the earnings announcement. The amount could reach up to 12% if the

According to BlackRock's latest analysis reported by CNBC, the escalating conflict between the United States and Iran could push global headline inflation up by 0.8 percentage points. WTI crude oil futures for August delivery traded at $82.90 on July 21, approaching $83 as military tensions

Gate News: According to an announcement from the Gate ETF platform, Gate will list four new 3x ETF assets: IBM3L/3S (IBM), NOK3L/3S (Nokia), NBIS3L/3S (Nebius Group N.V.), and RKLB3L/3S (Rocket Lab). Trading is scheduled to open on July 21, 2026 at 17:00 (UTC+8), with an initial Net Asset Value of 1 USDT. For each asset, two trading pairs will be available: 3x long and 3x short. All trading pairs are priced in USDT. Gate ETF is a trading product with built-in leverage and an automatic rebalancin

According to BlockBeats, Binance launches four USDT-margined TradFi perpetual futures on July 21: SHAZUSDT (09:00 UTC), SOFIUSDT (09:05 UTC), PANWUSDT (09:10 UTC), and PENGUSDT (09:15 UTC), with underlying assets of SharonAI Holdings, SoFi Technologies, Palo Alto Networks, and Penguin Solutions

According to media reports, Zhipu AI has begun constructing a 1-gigawatt AI computing data center in China using exclusively domestically produced AI chips. Following the announcement, Hong Kong-listed Zhipu shares surged 8.65% to HK$967.5 (US$120). The company completed its acquisition of

According to data provider SoSoValue, US spot Bitcoin exchange-traded funds posted their fifth consecutive day of net inflows on Monday, July 20, marking their longest winning streak since May. The ETFs attracted $226.9 million in net inflows that day, the strongest daily inflows since July

According to E Daily, South Korea's KOSPI index remained mired near the 6000-point level on July 21, intensifying concerns over 'box trading' (range-bound consolidation). Securities analysts now expect the index to face prolonged difficulty in recovering to previous highs in the near term,

XunCe (stock code 03317) shares surged 23.3% in afternoon trading to HK$132.8 on the Hong Kong Stock Exchange, following an 18% gain in the previous session. As of 3:30 PM, the stock traded at HK$125, up 16%, with turnover exceeding HK$1.27 billion. The rally followed the company's announcement of a

Commodity strategists warned that climate volatility impacts on asset classes are being underestimated as meteorologists raised the possibility of a record-breaking El Niño this year. The World Meteorological Organization (WMO) analyzed that a strong El Niño phenomenon will occur in the tropical

High-yield bond hybrid funds in South Korea recorded an outflow of 94.4 billion won over the recent one-month period as of the 20th, according to financial data provider FnGuide. The capital exodus accelerated as investment sentiment toward low-credit corporate bonds contracted, compounded by a

According to Financial News, over the past month as of July 20, seven U.S. space ETFs listed in South Korea saw combined net outflows of 834.7 billion Korean won. TIGER U.S. Space Tech experienced the largest outflow at 459.9 billion won, followed by KODEX U.S. Aerospace with 136.3 billion won.

Xunce (03317) stock surged as much as 23.3% in afternoon trading to 132.8 HKD, following a prior-day gain of 18%. According to company announcement, Xunce signed a strategic partnership memorandum with Xinchen Tech, whose core subsidiary Hongta Fund is among China's leading private equity

According to CNBC, the World Meteorological Organization (WMO) forecasted on July 20 that a powerful El Niño phenomenon would emerge in the tropical Pacific between July and September 2026, potentially surpassing the 1982, 1997, and 2015 events. Investment strategists warned that the resulting

According to statements from unions and BHP on Tuesday, the mining giant and the Combined Ports Unions representing workers at Western Australia's Port Hedland have made progress in negotiations, though no final agreement was reached. The unions stated that discussions will resume on July 28. Accord

According to Daol Investment Securities, Hanwha Engine and Hyundai Heavy Industries Marine Engine were selected as top picks in the shipbuilding sector today (July 21), driven by record-breaking orders. The two engine makers have already achieved in the first half the order volume equivalent to