Global TradFi & Macroeconomics

According to an SEC filing announced Monday (July 21), New Era Energy & Digital Inc. (NUAI) shares surged more than 26% after Conversant Opportunity Master Fund LP, Conversant GP Holdings LLC, Conversant Capital LLC, and Michael Simanovsky jointly disclosed ownership of 5,387,220 common shares,

According to Axios, Qatar, Egypt, and Pakistan proposed a 10-day ceasefire to the U.S. and Iran on July 21 to reopen the Strait of Hormuz and resume negotiations. The proposal includes halting hostilities, reopening all shipping routes through the strait, and creating time for the U.S. and Iran to r

Bloomberg reported on the 20th (local time) that the KOSPI index's volatility reached 60% in 2026, exceeding Bitcoin's 50% volatility. The high volatility triggered seven circuit breakers at the Korea Exchange this year. Bloomberg identified three primary factors driving this volatility: the

Bloomberg senior ETF analyst Eric Balchunas warned on X that Bitcoin ETFs may be following the historical path of Gold ETFs. Bitcoin and gold are both value-storage vehicles that do not generate cash flow, unlike stocks with earnings support and bonds with interest payments. Fidelity’s IBIT currently has assets under management (AUM) of about $60 billion, down sharply from the $100 billion peak it briefly touched last year. Balchunas’s Historical Comparison of GLD and IBIT (Source: Bloomberg) Ac

According to Bloomberg, on July 20, South Korea's KOSPI index volatility reached 60% (Unicode字符数：约58字符), surpassing Bitcoin's 50% volatility. The elevated volatility prompted the Korean exchange to trigger circuit breakers seven times in 2026. Bloomberg attributed the heightened market swings

The Trump administration announced on Monday (July 20) an incentive program offering reduced import aluminum tariffs for companies that build, expand, or renovate aluminum smelting facilities in the United States. Upon government approval, the tariff rate will drop from the current 50% to

Morgan Stanley has emerged as a leading beneficiary of the AI bond issuance surge, earning $2.3 billion in underwriting fees during the first half of this year, up from $1.4 billion six months prior, according to Yahoo Finance on local time. The bank's success stems from its early positioning in

According to Yahoo Finance, Morgan Stanley has become a leading underwriter in the surging AI-related bond market, generating $2.3 billion in fees during the first half of 2026—a dramatic increase from $1.4 billion in the prior six months. AI bond issuance reached $236 billion from the year's

According to Yahoo Finance, Citi strategist Scott Chronert recently recommended expanding the 'Magnificent Seven' tech giants to include Broadcom (AVGO), Micron (MU), and AMD, arguing the original framework no longer reflects the true drivers of market gains. Chronert noted that framing the market a

South Korea's financial authorities are accelerating the domestic launch of spot Bitcoin ETFs, with focus on establishing safeguards to reduce investor losses before the product rolls out on July 21, according to regulatory announcements. The emphasis on preventive measures reflects lessons from the

South Korea's KOSPI 200 index gained 4% intraday on July 21, expanding its daily advance as trading progressed throughout the session.

On July 21, U.S. negotiators proposed a 10-day ceasefire, prompting crude oil and related futures to decline sharply as the geopolitical premium unwound. The shift reflected reduced immediate conflict risks in oil-supply-sensitive regions. However, the Houthi movement announced an embargo on

JP Morgan maintained its Overweight rating on Korean refining stocks on the 21st and changed its top pick from S-Oil to SK Innovation, citing record-high refining margins driven by renewed conflict in the Strait of Hormuz. The

Elon Musk billionaire investor Mark Cuban said on the Unmoderated News podcast “What It Takes” that employee ownership of company stock should become the norm. He also proposed specific policy mechanisms: governments can offer a corporate income tax rate below 21% as an incentive to encourage CEOs to grant each employee stock warrants or options in the same proportion. Mark Cuban’s Employee Stock Ownership Policy Proposal The policy mechanism Cuban proposed is as follows: governments can offer a

Copper prices are rising driven by artificial intelligence optimism, according to a Yahoo Finance report published on the 21st. Goldman Sachs commodities strategist Lavinia Poselese stated that AI has become the key narrative shaping expectations for future power, grid, and copper demand, with

According to Yahoo Finance and Goldman Sachs analysis, copper prices have risen recently due to AI-driven expectations for increased investment in data centers and power grid infrastructure. AI expectations have become the primary driver of copper's price gains since early 2025, surpassing

Gate News: According to the latest Gate TradFi data, ZHIPU (ZhiPu 02513.HK) has surged by 24% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

On July 21, Japan's Minister of Economy, Trade and Industry Shigeto Shiraki declined to comment on daily movements and the outlook for exchange rates and bond yields, according to routine policy statements.

Sprott Asset Management identified artificial intelligence, defense, and electrification as three structural forces driving rare earth demand, according to a report cited by MINING.COM. The International Energy Agency estimates AI data centers will consume 3% of global magnetic rare earth demand by

According to KeyBanc analysts, Intel and AMD are expected to report strong data center CPU shipment growth when they release second-quarter earnings on July 23 and August 4, respectively. The firms forecast Intel's 2026 server CPU shipments will grow 25–30%, while AMD's will rise 15–20%, driven by s