Global TradFi & Macroeconomics

According to the World Gold Council on November 3, India's smuggled gold imports surged to 50 tons in Q3 (July-September), up more than 15-fold from 3 tons in the same period last year, according to data from consultant Metals Focus. The spike follows India's decision to double gold and silver impor

The Reserve Bank of Australia (RBA) on the 3rd raised its benchmark cash rate target by 25 basis points from 4.60% to 4.85%, responding to persistent inflation pressures. The decision, which matched market expectations, brings Australia's benchmark interest rate to its highest level in 18 years. The

According to Bloomberg and the Financial Times, Nvidia has required its cloud computing customers to reduce business exposure to Chinese enterprises and ensure at least 51% of service sales are directed to non-Chinese companies. The chipmaker, a primary supplier for training and running large

According to the Reserve Bank of Australia, the central bank raised its official cash rate target by 25 basis points to 4.85% on November 3, marking the highest level in 18 years. The decision came as RBA's policy board voted 6-3 in favor of the hike, with three members dissenting in favor of

According to BlockBeats, on November 3, U.S. midterm election results may reshape investor expectations on AI capital spending, fiscal deficits, and debt ceiling negotiations, affecting stock markets, government bonds, and the dollar. Markets widely expect Democrats to control the House, but

According to the World Gold Council, central banks net purchased 321 tonnes of gold in Q3 (through September), marking the fastest pace since late 2024. Despite headwinds from rising oil prices and higher interest rates, year-to-date gold purchases reached 675 tonnes as of September, slightly higher

According to sources, Kazakhstan's oil and condensate production in October increased 8% from September to 2.08 million barrels per day. Meanwhile, Kuwait raised its crude oil output to 2.1 million barrels daily in October, marking the highest level since the Iran war began, according to separate so

According to Goldman Sachs on November 3, the bank raised its Q1 2027 European natural gas price forecast to €74 per megawatt-hour from a previous estimate of €44 per megawatt-hour, marking a 68% upward revision. The adjustment reflects tightening supply conditions in Europe heading into

Kakao Pay reported Q3 net profit of 329 billion won, a 72.3% increase from 191 billion won in the same period last year, driven by growth in payment and financial services despite market volatility. The South Korean fintech company's operating profit rose 105.7% to 325 billion won, while revenue inc

According to Kakao Pay's official statement on November 3, the South Korean fintech company reported net profit of 329 billion Korean won for the third quarter of 2026, up 72.3% year-over-year from 191 billion won in the same period of 2025. Operating profit reached 325 billion won, up 105.7%

According to ChainCatcher, Apple's inventory surged 154% year-over-year to $14.54 billion in fiscal Q4, ending Monday (November 2), driven by elevated memory costs. Inventory rose 31% sequentially from Q3's $10.9 billion. CEO John Ternus stated that current memory pricing was

Strategy and Strive purchased a combined 935 Bitcoin between 26 October and 1 November, with Strategy acquiring 811 BTC for US$65.5 million and Strive buying 124 BTC for approximately US$10 million. The purchases reflect continued corporate treasury accumulation strategies, with Strategy now

According to the World Gold Council, India's gold demand in 2026 is estimated to decline 15% year-on-year, reaching a six-year low.

According to SBI Holdings official announcement on November 2, the company's cryptocurrency asset business revenue for the first half of fiscal year 2027 (April–September 2026) fell to 23.083 billion yen, down 30.1% year-over-year. The business posted a pre-tax loss of 1.595 billion yen, compared to

According to Odaily, Lighter has enabled 12 new stock token collateral types on Robinhood Chain, bringing the total to 23 types. The newly supported assets include Apple, AMD, AMZN, BABA, BE, COIN, and

According to Bloomberg, Walt Disney is planning a new round of large-scale layoffs involving thousands of positions, with executives tasked to reduce costs by 20% annually. The cost-saving measures may include job cuts and reduced operational expenses across theme parks, television channels, and

WTI crude oil futures rose more than 1% intraday on November 3, trading at $97.43 per barrel.

Apollo Global Management projects the Federal Reserve would need to raise interest rates to 6.75% by the end of 2027 to achieve its 2% inflation target, according to analysis released on the 2nd (local time). The projection is based on a macroeconomic model analyzing historical correlations

Taiwan Stock Exchange Weighted Index fell 3.6% to close at 43,307.54 points today (November 3).