Global TradFi & Macroeconomics

Zhongji Innolight's Hong Kong IPO grey market shares declined over 1% on July 29, trading at HK$968 per share.

WSJ columnist Jason Zweig published a newsletter titled 'The Stock Market Is Not Your Rich Uncle' on the 29th, warning investors against treating bull market gains as 'free money' for speculative bets. The warning comes as Korean stocks face sharp declines, with the KOSPI index falling 5.98% to

Microsoft rose 1% in early premarket trading on Wednesday, ahead of its fiscal fourth-quarter earnings report scheduled after market close, as investors focused on capital expenditure guidance and Azure cloud growth amid concerns over heavy AI spending. The company has forecast spending $190

Microsoft rose 1% in premarket trading on Wednesday, ahead of its fiscal fourth quarter earnings report after the market close. Analysts expect the company's Q4 revenue and adjusted earnings per share to each increase 15%, with revenue projected at $87.63 billion, according to Koyfin data. Capital e

Onshore Chinese yuan closed at 6.7655 against the US dollar on July 29 at 4:30 p.m., up 19 basis points from the previous trading day.

The UK's M4 money supply grew at an annual rate of 5% in June, up from 4.30% in the prior month. M4, a broad measure of money supply tracked by the Bank of England, reflects growth in cash and deposits held by households and

The UK's M4 money supply grew 0.8% month-on-month in June, up significantly from 0.10% in May, according to official data.

The Federal Reserve announced today (July 29) that it is holding the federal funds rate steady at 3.50%-3.75% for a fifth consecutive meeting, according to the Federal Reserve's announcement. Market expectations show a 95-98% probability of unchanged rates, per CME FedWatch data. TD Securities

According to William Bratton, head of cash equities research at Société Générale, South Korea's Composite Index accounted for 79% of single-day swings exceeding 5% among major Asian indices in 2026 as of today (July 29). Bratton attributed the volatility to disconnect between the country's

According to Zhitong Finance, Sino Photonics (03308) dark board trading on July 29 showed prices at HK$962, down 1.84% from the IPO offer price of HK$980. Per Livermoore Securities data, each board lot of 50 shares resulted in a loss of HK$900 per hand before transaction fees. The company is set to

Proprietary trading firms are increasingly obtaining brokerage licenses and acquiring regulated entities to expand beyond evaluation models, a significant shift reflecting industry maturation. FundingTicks shut down in January 2026 after introducing retroactive rule changes that invalidated

Seagate Technology stock jumped nearly 5% in premarket trading on July 29 after reporting stronger-than-expected Q4 results. The company posted revenue growth of approximately 50% compared to the prior quarter, while gross margin surged above 50%. Management provided a positive guidance outlook

According to Macquarie Group on July 29, the U.S. Federal Reserve is unlikely to adjust rates at its current meeting, but statement wording is expected to shift in a hawkish direction. Market pricing implies roughly 35% probability of a rate hike. The next policy action is most likely to be a rate i

From 04:00 to 08:00 UTC on July 29, 2026, BTC traded within the range of 63,598.9–63,765.5 USDT. The volatility was 0.26%, and the return % slipped slightly by 0.01%. Despite tighter short-term fluctuations, BTC is still up about 1.47% over the past 24 hours, bouncing from a $62,744.9 low to around $64,433.4 as the market tries to balance risk-off sentiment with expectations for macro policy. The main driver behind this move is the escalation in the U.S.-Iran conflict. Iran’s “raids-style” missi

According to ChainCatcher, citing Gate market data, Hong Kong stocks closed higher on July 29. The Hang Seng Index rose 1.96%, while the Tech Index climbed 2.84%. Automotive stocks led gains, with Li Auto (02015.HK) surging nearly 10%, Leapton Auto (09863.HK) up 9.5%, and Xiaomi Group (01810.HK)

According to Jin10, Evergrande's 2027 dollar bonds rose 1.8 cents per dollar to 47 cents on July 29, marking the largest gain since May 11, 2026. The company's 3.975% coupon bonds surged as market conditions

According to Jin10, U.S. Federal Reserve officials and financial institutions diverge sharply on the central bank's policy outlook ahead of this week's interest rate decision. While most major institutions including Goldman Sachs, Bank of America, and Citigroup expect rates to hold steady, some

Hong Kong's Securities and Futures Commission (SFC) and South Korean financial regulators introduced contrasting measures to address volatility in single-stock leveraged products. Starting August 3, Hong Kong will allow fund operators to flexibly adjust leverage ratios within a ±2x range based on

In pre-market trading on July 29, memory-related stocks extended their downward trend. Micron Technology and SK Hynix each declined over 1%, while SanDisk dropped over 2%.

According to latest data, Switzerland's ZEW Economic Sentiment Index rose to 6.7 in July, up from 2.8 in June, marking a gain of 3.9 points.