Global TradFi & Macroeconomics

According to Shanghai Gold Exchange, gold and silver T+D contracts closed higher on Tuesday evening (July 21). Gold T+D rose 0.87% to 889.96 yuan per gram, while silver T+D climbed 2.19% to 14,360 yuan per

China Pharma Holdings (CPHI), a specialty pharmaceutical company headquartered in Haikou, China, surged as much as 2,000% during intraday trading today, marking the largest single-day gain on record before the stock was halted. The company released a statement saying it is "unaware of any

According to CNBC, Goldman Sachs has created an alternative investments platform combining its existing alternatives business with two newly established teams focused on direct investments in late-stage private companies and helping clients buy and sell those stakes. The platform aims to provide

Solana and Hyperliquid exchange-traded funds have dominated altcoin ETF fund flows while receiving limited investor attention. The two altcoin ETF suites have combined to account for nearly 80% of non-Bitcoin and Ethereum ETF volume, according to data from The Block. Solana ETFs hold $904 million in

From 17:45 to 18:00 (UTC) on July 21, 2026, BTC fell 0.44% within 15 minutes. The price ranged from 66,038.6 to 66,507.8 USDT, with an Ampl of 0.71%. Market volatility intensified as geopolitical risk and liquidity depletion created a short-term synchronized effect. The main driver behind this anomaly was fluctuations in risk-off sentiment triggered by an escalation in the U.S.-Iran conflict. U.S. Central Command completed another round of strikes on Iran’s missile systems. Iran’s Revolutionary

Clear Secure has transformed from an airport biometric screening service into a digital identity platform, with its stock trading 84% above its $31 IPO price from 2021 despite quarterly revenue increasing 358% since then. The company's shift responds to growing demand for secure identity

According to LSEG data, Tesla's Q2 free cash flow is expected to turn negative by $3.3 billion for the first time in over two years, as the company's capital expenditures surge to $25 billion annually for AI infrastructure, data centers, and manufacturing capacity. The electric vehicle

According to tanker tracking data, Saudi Arabia exported an average of 5.9 million barrels of crude oil daily through Yanbu's two Red Sea terminals in the week ending July 17, marking a record high. In the seven days ending July 20, daily exports declined to 5.5 million barrels. The Houthis

According to Bank of America strategists led by Kamal Sharma, the bank has shifted to a neutral stance on sterling in July as the pound's recent sharp rally is expected to moderate amid persistent political

Oracle Corp. (ORCL) stocks gained nearly 4% on Tuesday after Mizuho Securities reiterated its 'Outperform' rating and maintained a $320 price target, implying nearly 164% upside from Monday's close. The affirmation came despite Oracle's sharp decline of approximately 38% year-to-date and over 48% in

According to Mizuho, Oracle Corp (ORCL) stock gained 3.4-4% on Tuesday after the analyst reiterated an 'Outperform' rating and maintained a $320 price target, implying nearly 164% upside from Monday's close. ORCL has slumped 38% year-to-date and over 48% in the past 12 months, but Mizuho noted the s

According to Kookmin Ilbo, SK Hynix converted several trillion won from its 40 trillion won ADR fundraising into local money market funds this week, pushing the KRW/USD exchange rate down to 1,473.40 on July 21 from 1,555.80 on July 2, its highest level since the 2008 financial crisis. The won's

SpaceX will release its first post-IPO earnings report on August 4, according to IPO lock-up rules, which will simultaneously trigger the first tranche of insider share unlock. Up to 911.5 million shares may become eligible for sale, representing 20% of locked-up holdings. The unlock mechanism

Advanced Micro Devices Inc. (AMD) received a price target increase to $640 from $511 by GF Securities ahead of its Advancing AI 2026 conference beginning July 22. The brokerage reiterated its 'Buy' rating and raised full-year revenue estimates to $52.3 billion for 2026 and $82.2 billion for 2027, ci

According to The Information, Google is developing a server chip codenamed Frozen v2 designed specifically to run Gemini faster and cheaper by hardwiring part of the AI model's architecture directly into the silicon. Engineers project a six to ten times improvement in efficiency compared to

According to GF Securities analyst Jeff Pu, AMD's MI450X accelerator is projected to narrow the hardware gap with Nvidia, while the MI550X model featuring a four-die package structure could move ahead. GF Securities raised its price target on AMD to $640 from $511, a 27% upside, and reiterated a

Brent crude oil climbed above $91 per barrel on July 21 as military escalation between the United States and Iran raised fears of supply disruption through the Strait of Hormuz. Goldman Sachs warned in a July 20 note that Brent could exceed $120 per barrel in the fourth quarter if disruptions

According to the Joint Maritime Information Center (JMIC), a multinational maritime surveillance organization led by U.S. Central Command, Houthi forces have completed preparations to attack ships near the Bab El-Mandeb Strait on July 21 (local time), positioning missiles and drones in the area,

According to Goldman Sachs, on July 21, Brent crude briefly broke above $91 per barrel amid U.S.-Iran military escalation, with analysts warning the price could reach $120 or higher in the fourth quarter if disruptions around the Strait of Hormuz continue. This outcome is not the bank's base case; G

On Wednesday (August 6), the U.S. Federal Reserve's overnight reverse repurchase agreement (RRP) usage reached $275 million with 1 counterparty, up sharply from $30 million in the previous trading session.