Global TradFi & Macroeconomics

XRP trades near $1.11, remaining well below the $2.68 to $2.77 breakout zone as the cup and handle pattern tracked for weeks now faces invalidation. Ripple introduced a dedicated Mint function to streamline RLUSD issuance, targeting minting delays and improving settlement predictability. The stall r

Schlumberger reported second-quarter revenue of $8.97 billion, exceeding the expected $8.69 billion. Adjusted earnings per share came in at 55 cents versus the 51-cent forecast. The company's adjusted EBITDA for the quarter reached $1.9 billion against the anticipated $1.78 billion. The stock

According to MoneyDJ, Hong Kong's Hang Seng Index fell 0.98% to 24,963.23 points on July 24, while the Hang Seng Tech Index declined 1.47% to 4,629.51 points. Despite today's decline, the Hang Seng Index posted weekly gains of 1.63%, extending its fourth consecutive week in the green. The weakness w

According to the China Securities Regulatory Commission on July 24, Taotao Auto obtained approval to issue no more than 13,933,950 shares and list on the Hong Kong Stock Exchange. According to the prospectus, the company ranked first globally in the electric low-speed vehicle industry by revenue in

According to Beating, Zhiyuan Innovation has officially launched its Hong Kong IPO process. The three-year-old general AI robot company previously denied Hong Kong listing rumors twice last year and has now publicly confirmed its

South Korea's five major financial groups—KB, Shinhan, Hana, Woori, and NH Nonghyup—posted combined net profit of 13.1 trillion Korean won in the first half of 2026, marking their highest semi-annual result on record. The gains were driven by rising market

HSBC analysts initiated coverage of Space Exploration Technologies Corp. (SPCX) stock with a Hold rating and a $115 price target, according to TheFly. Shares have fallen approximately 13% from the initial public offering price of $135, trading down 2% in Friday's pre-market session. The firm cited c

According to Bloomberg, on July 23, SpaceX has begun turning away satellite operators seeking dedicated Falcon 9 launches beyond 2028 and halted rideshare reservations, pausing production of non-reusable Falcon components. HSBC analysts initiated coverage with a 'Hold' rating and $115 price

According to CNN Brasil, Brazil's B3 stock exchange has backed a 100,000 Brazilian reais ($19,600) loan with tokenized cattle from 10 dairy cows sourced from Fazenda Engenho Velho in Paraná state, valued at approximately 120,000 Brazilian reais ($23,500).

Super Micro Computer disclosed preliminary fiscal Q4 2026 results on 21 July, revealing new orders exceeding $60 billion and raising gross margin guidance to 15%-17% from 8.2%-8.4%, while warning revenue would land near the low end of its $11.0 billion to $12.5 billion range. SMCI closed at $31.20 o

According to filings released by China Securities Regulatory Commission on July 24, Zhenqu Technology has received approval for its Hong Kong IPO with plans to issue up to 35.2 million shares on Hong Kong Stock Exchange. Additionally, 56 shareholders of the electric control solutions provider will c

According to the China Securities Regulatory Commission (CSRC), Xiaoxi Lake Culture and Tourism Co., Ltd., a state-owned water tourism service provider based in Yangzhou, Jiangsu Province, secured approval for Hong Kong listing on July 24. The company plans to issue no more than 51,473,600 common

SpaceX stock declined in Friday pre-market trading to approximately $115.94, down 1.95% from Thursday's close of $118.24, as investors responded to heightened short-selling activity, delays to the company's latest Starship mission, and new disclosures from major shareholder Alphabet. The retreat

Russia's Central Bank forecasted inflation will reach 6.0%-7.0% in 2026, driven by a significant surge in fuel prices.

Russia's central bank revised its 2026 baseline scenario oil price forecast downward, cutting the average expected price to $60 per barrel from the previous estimate of $65 per barrel.

According to Jin10, Rabobank analysts warned that the U.S. July PMI initial reading set to be released tonight may not fully reflect recent geopolitical developments and commodity market changes. The bank noted that the survey was likely completed over the past two weeks, meaning respondents who

The Russian Central Bank lowered its 2026 GDP growth forecast to 0.0-1.0%, down from the previously projected range of 0.5-1.5%.

SpaceX stock fell to $115.94 in pre-market trading on Friday (July 25), down 1.95% from Thursday's close of $118.24. The decline reflects intensified short-selling activity, with short sellers accumulating an estimated $15.5 billion in paper profits since the company's June IPO. Around 360 million s

Russia's Central Bank reduced its key interest rate to 14% on July 24, down from the previous 14.25%. The decision matched market expectations.

European Central Bank Governing Council member Mehrouf stated that more information will be available in September.