Global TradFi & Macroeconomics

Gate News: According to the latest Gate TradFi data, AUDZAR (Australian Dollar vs South Africa Rand) has surged by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to UBS, on July 24, the bank raised AMD's price target to $730 from $700 while maintaining a buy rating. UBS projects AMD's earnings per share at approximately $19 in 2027 and $27.57 in 2028, significantly above Wall Street's consensus estimate of $19 for 2028. The bank forecasts server

SK Co. launched a tender offer for SK Signet shares to delist the EV charger maker ahead of a planned sale. According to a Financial Supervisory Service filing on the 24th, SK will acquire 25.07% of outstanding shares (excluding its 74.90% stake and treasury stock) from the 24th of this month to the

According to the Korea Financial Supervisory Service, SK Co., Ltd. announced on July 24 a public tender offer for 25.07% of KONEX-listed EV charger manufacturer SK Signet to facilitate delisting and sale. The tender period runs from July 24 to August 24. Anchor Equity Partners, the PE firm that

According to BlockBeats, Bank of America maintained its buy rating and $160 price target for Intel (INTC) on July 24. The bank attributed the bullish outlook to the company's second-quarter earnings beat and raised guidance. Intel's data center revenue grew 59% year-over-year, marking the highest ra

South Korea's stock market experienced significant volatility on July 24, with the KOSPI index falling 5.72% to close at 6,690.62 and the KOSDAQ declining 5.32% to 748.22. The sharp selloff was driven by weakening investor sentiment in domestic semiconductor stocks, including Samsung Electronics. Th

The China Securities Regulatory Commission (CSRC) approved the registration of hot rolled coil and stainless steel futures options on the Shanghai Futures Exchange on July 24. The CSRC will oversee the exchange's preparation work to ensure smooth launch and stable operation of both options

According to the People's Bank of China, the central bank will conduct overnight reverse repurchase operations on July 29-31 and August 3, using fixed-rate, quantity-based bidding. Daily reverse repo volumes of 6 billion yuan will be offered July 29-31, and 3 billion yuan on August 3.

According to Seoul High Court on July 24, the court ordered SK Group Chairman Choi Tae-won to pay 944 billion won in cash as property division settlement in his divorce case. The judgment requires cash payment rather than company shares to avoid disrupting the group's control structure. Market

According to BitcoinTreasuries, the New Jersey State Police & Firemen's Retirement Fund, which manages $33 billion in assets, has increased its holdings of Microstrategy (MSTR) to 49,055 shares, valued at $4.66 million. The move reflects growing Bitcoin exposure among U.S. government employee

US stock futures showed mixed movement early Friday as geopolitical tensions escalated in the Middle East and President Donald Trump unveiled sweeping new tariffs. Iran rejected a US ceasefire proposal mediated by Iraq, while Trump signaled major military strikes could be under consideration. The mi

According to BlockBeats, on July 24, Hong Kong's Securities and Futures Commission issued revised guidance allowing leveraged and inverse products to adopt flexible leverage structures with daily adjustments within existing limits (2x for leveraged products, -2x for inverse products). Under this

ACT, a minority shareholder platform, sent a shareholder letter to Samsung Electronics' board of directors on the 24th demanding the company buy back shares worth approximately 2.5% of its market capitalization and list American Depositary Receipts (ADR) in the US market. The proposal aims to

According to South Korea's Financial Services Commission, on July 24, the country announced it would advance mandatory margin requirement increases for leveraged stock ETFs to July 31, raising the minimum deposit for single-stock leverage trading from 10 million won to 30 million won. The KOSPI

Early Friday, Iran rejected a U.S. ceasefire proposal mediated by Iraq amid escalating Middle East tensions, while President Trump unveiled sweeping new tariffs targeting roughly 60 trading partners with duties of 10% to 12.5%, citing alleged forced-labor practices. Brent crude surged past $100

South Korea's four major financial holding companies posted combined net earnings exceeding 11 trillion won in the first half of 2026, marking their strongest-ever half-year performance. The solid results were driven by stable returns from core

WTI crude oil declined 2.5% intraday on July 24, trading at $89.88 per barrel.

According to Yonhapinfomax, Japan's Nikkei 225 index declined 1,811.45 points, or 2.73%, to close at 64,611.15 on July 24. The index fell over 3% intraday, driven by sell-offs in semiconductor stocks following overnight declines in U.S. tech shares. Investor concerns about excessive AI investment

Alphabet and Tesla stocks fell sharply on July 23 following earnings reports released after market close on July 22, with Alphabet dropping 7.13% to $317.69 and Tesla declining 14.52% to $319.69. Both companies reported increased capital expenditure for artificial intelligence infrastructure that co

SAP reported Q2 2026 earnings that beat expectations, with diluted earnings per share of $2.15 and revenue growth of 9% year-over-year. Cloud backlog increased 26%, reflecting strong demand for its cloud services offerings. The company raised its full-year outlook based on the solid