Global TradFi & Macroeconomics

The Chinese yuan strengthened today, with the central parity rate rising 8 basis points to 6.7200 against the U.S. dollar. The previous trading day's rate was 6.7208. In onshore trading, the yuan closed at 6.6817 during the 4:30 p.m.

Bitcoin (BTC) was trading at approximately $81,590 on Oct. 20, giving back its overnight gains. Wallets linked to MARA Holdings (MARA) transferred a total of 1,000 Bitcoin to exchanges through multiple transactions, worth approximately $82.8 million. A Reuters/Ipsos poll showed Trump's overall approval rating falling to 31%, the lowest level of his two presidential terms and down 1 percentage point from two weeks earlier. Technical Analysts: Focus on Bitcoin Resistance Levels at $83,400 to $85,0

NYMEX silver declined 1.00% during intraday trading on October 20, currently trading at $56.70 per ounce.

Chinese commodity futures opened mostly lower in early morning trading on October 20. Ethylene glycol led declines with a drop exceeding 3%, while coking coal and synthetic rubber fell over 2%. Conversely, crude oil, lithium carbonate, PVC, benzene, and Shanghai nickel each rose over 1%.

On October 19, optical component manufacturer Yuanjing Optics (3406-TW) announced a strategic partnership with 3M to develop, manufacture, and scale Expanded Beam Optical (EBO) solutions. Under the agreement, 3M will subscribe to 5,534 ordinary shares at NT$869.6 per share, totaling NT$4.813

According to Yonhapinfomax, South Korean stocks rallied for a second consecutive day on October 20, with KOSPI gaining 1.76% and KOSDAQ rising 1.78%, extending recovery from the recent sharp selloff. Foreign investors resumed buying, purchasing a combined 600 billion won in equities across

According to on-chain analyst Yu Jin, a whale sold 12,468 ETH at $2,368 yesterday (Oct 20), realizing approximately $8.99 million in profit from leveraged buys at $1,647 in early June. The whale had originally purchased $30 million worth of ETH at that lower price point. Following the sale, the wha

According to China Customs data, China's rare earth magnet exports reached 6,165.1 tons in September, up 23% month-on-month. Exports to the United States totaled 604.2 tons, an 18% increase compared to the previous month.

According to BlockBeats, on October 20, the U.S. Commodity Futures Trading Commission (CFTC) filed court documents arguing that CME lacks legal standing to challenge its perpetual futures policy, stating CME has failed to demonstrate imminent financial harm. The CFTC noted that CME's crypto futures

RBC Capital Markets analyst Tom Narayan assessed that a merger between SpaceX and Tesla would be difficult because SpaceX would need to acquire Tesla at an enormous premium. The analyst explained that the transaction would be an all-stock deal, with SpaceX required to pay a premium that would

According to the U.S. Department of Agriculture (USDA) on October 20, private exporters reported sales of 114,000 tons of soybeans to China and 261,000 tons to unknown destinations. The data reflects ongoing activity in the global soybean trade despite market

According to Bloomberg analyst James Seyffart, BlackRock has submitted a new bitcoin ETF application called iShares Bitcoin Managed Protection ETF (PBIT). The product is a buffered ETF designed to provide downside protection while capping upside gains for investors. Structured as a 40 Act fund

According to Jin10, South Korea's KOSPI index fell 2% intraday on Oct 20, with semiconductor stock SK Hynix dropping 4% and Samsung Electronics declining nearly 2%.

According to Grayscale's statement on X, Bitcoin's realized volatility has fallen to 43% over the past year, down from 81% five years ago, now comparable to the volatility range of S&P 500 constituent stocks. The company attributed the decline to deeper liquidity, increased institutional