Global TradFi & Macroeconomics

Shopify shares fell 9% in early trading Tuesday after the e-commerce platform reported third-quarter results that missed analyst estimates on subscription gross profit and gross merchandise volume. The company posted adjusted earnings of 49 cents per share, exceeding LSEG estimates of 46 cents per s

According to Barclays, the bank maintains its Brent crude oil price forecasts at $100 per barrel for 2026 and $85 per barrel for 2027.

According to Deutsche Bank's report released Monday (November 2), global financial markets face five critical "misalignments" as oil prices surge, inflation pressures rise, and bond market stress intensifies while equity markets remain near record highs. Brent crude futures rose 19% in October to $1

According to CEO Seamus Grady in Fabrinet's Q1 FY2027 earnings call, the company delivered record quarterly revenue of $1.474 billion, representing a 51% year-over-year increase and marking its 14th consecutive quarter of growth. Non-GAAP earnings per share reached $4.34, exceeding guidance. Data c

U.S. factory orders rose 1.8% in September from the previous month, Walter Bloomberg reported on November 3. The increase exceeded market expectations of 1.2% growth. Orders also climbed when transportation and defense sectors were excluded from calculations, indicating broad-based manufacturing

According to the International Energy Agency (IEA) report released on November 3, EU natural gas storage facilities hold only 75% of total capacity as of end-October, falling short of the EU's 80% minimum target and marking the lowest level since 2013. The shortfall ahead of the heating season may i

U.S. core capital goods orders (excluding aircraft) increased 0.6% month-over-month in September, according to final data released in the report. This topped the consensus forecast of 0.5% and matched the preliminary reading of 0.5%, signaling stronger business investment activity than initially

President Donald Trump said a trade agreement with Canada is close, according to a November 3 Reuters report. In a Fox News interview, Trump stated, 'We will reach a deal with Canada soon, and it will be a great agreement,' calling Canada 'a very good country.' The statement comes amid a recent

According to Gate's latest market data, the offshore Chinese yuan weakened intraday, with USD/CNH rising 0.35% to 6.67004 and USD/JPY climbing 0.19% to 158.247. In precious metals, gold prices declined 0.1% to 3,943.76 per

According to MSX.COM data, U.S. stocks opened mixed today (November 3), with the Dow Jones down 0.35%, the S&P 500 up 0.16%, and the Nasdaq up 0.42%. AI-related stocks surged broadly, led by Tempus AI up 5.21%, Astera Labs up 4.25%, Micron up 3.13%, KLA up 2.81%, and onsemi up 2.59%.

According to Cepea, Brazilian soybean prices rebounded to early-October levels last week as the U.S. dollar surged against the Brazilian real, enhancing the crop's competitiveness in international markets and attracting overseas buyers. The currency movement boosted domestic market liquidity and

Today at 11 p.m. Beijing time (November 3), the U.S. will release September JOLTS Job Openings, Factory Orders, and Durable Goods Orders (final reading).

According to Saudi Aramco CEO Amin Nasser on November 3, the company is exploring expansion of its East-West Pipeline, which bypasses the Strait of Hormuz. Preliminary engineering design for the project has been

According to the World Gold Council citing Metals Focus data, India's illicit gold imports via informal channels surged to 50 tons in the third quarter (July-September), up from 3 tons in the same period last year—a surge exceeding 1,500%. The World Gold Council attributed the spike to the

According to shipping data, Venezuela's oil exports to Europe increased to approximately 235,000 barrels per day in October.

According to shipping data, Venezuela's crude oil exports to the United States declined to 449,000 barrels per day in October.

Following its earnings announcement, Fabrinet surged over 14%, leading gains in the optical communications sector on November 3. Astera Labs rose over 7%, Ciena climbed nearly 6%, Credo gained over 5%, Coherent advanced nearly 5%, AAOI rose close to 4%, and Corning gained over 3%.