Global TradFi & Macroeconomics

According to Guru Club, Hong Kong Exchanges and Clearing Limited (HKEX) announced on July 17 that it will support participants in paying stamp duty and trading-related fees in renminbi for dual-counter securities trading. The arrangement aligns with amendments to Hong Kong's Stamp Duty Ordinance, en

SBI Holdings announced on July 16 that it has reached a strategic partnership with U.S. RWA tokenization platform Ondo Finance. The plan is to tokenize assets such as Japanese stocks and bring them to Ondo’s on-chain platform, while also distributing Ondo’s tokenized products within the SBI ecosystem. Both sides also plan to use the trust-based Japanese yen stablecoin JPYSC as an on-chain settlement and collateral instrument. SBI and Ondo Finance Partnership Announcement SBI Holdings announced o

The US Dollar Index rose to 100.76 today, gaining 0.05% intraday.

Malaysia's second-quarter GDP grew 5.8% year-over-year, exceeding the 5.2% forecast.

BlackRock's Ishares Bitcoin Trust held 734,762 bitcoin worth $48 billion as of July 15, 2026, making it the largest spot Bitcoin ETF by holdings. Most spot Bitcoin ETFs concentrate custody with Coinbase Custody Trust Company,

According to Farside Investors data, U.S. spot Bitcoin ETFs recorded net inflows of $79.1 million on July 16. BlackRock's IBIT led with $33.4 million in inflows, followed by Fidelity's FBTC with $30.7 million and Bitwise's BITB with $15 million. Ethereum ETFs experienced net outflows of $28 million

In this morning's close on July 17, the commodity markets showed divergent movements driven by geopolitical factors and supply-demand dynamics. Shipping led gains, with EU container freight rates up 2.36%, while precious metals, soft commodities, and light chemical products declined. Shanghai

According to Blue Moon Group's mid-year earnings guidance released on July 15, 2026, the company expects net loss to narrow by over 55% year-on-year for the first half, continuing the improvement trend from 2025 when full-year loss contracted 56.1% to approximately HK$329 million. The improvement r

The Bank of Korea raised its benchmark interest rate in July, entering an active tightening cycle for the first time in 3.5 years. Market focus has shifted from whether to pursue additional hikes to when they will occur. Fourteen major institutions support continued tightening, with domestic

Power-related stocks sparked the hottest IPO frenzy of the century in the first half of 2026. According to Dealogic statistics, global energy-sector listings raised $12.6 billion in the first half of this year, setting the highest half-year record since the 1999 dot-com bubble peak. The core driving force is electricity-supply anxiety for AI data centers. H1 2026 Energy Sector IPO Size: Dealogic Tracks $12.6 Billion According to data firm Dealogic, in the first half of 2026, global energy-sector

According to sources, JERA, Japan's largest power company, has begun exploring the possibility of a U.S. listing.

According to Bank of America analyst Vivek Arya, on July 17, BofA raised AMD's price target from $550 to $620 and maintained a Buy rating, citing strong AI server demand and improved supply visibility. The bank expects AMD's

Last month, India eliminated taxation on overseas bond investors, clearing a key regulatory barrier toward inclusion in the Bloomberg Global Aggregate Bond Index. The policy shift has triggered increased interest from foreign investors in Indian government bonds, particularly as they reduce

According to Jin10, overnight Hong Kong interbank offered rate (HIBOR) fell 1 basis point to 1.43303% on Friday, July 17, reaching a one-week low. Other tenors remained relatively stable, with the one-week HIBOR flat at 1.45000%, the two-week HIBOR edging up to 1.47121%, and the one-year HIBOR

Microsoft (MSFT) shares rose 1.8% to $402.70 on July 16, extending Wednesday’s 2.8% gain. Over two days, the cumulative increase reached 4.6%, adding about $132 billion based on the latest market cap. In Microsoft’s third fiscal quarter, Azure revenue grew 40%, and annualized AI revenue exceeded $37 billion (up 123% year over year). Nasdaq closes weaker as Microsoft climbs against the trend, up 1.8% Microsoft shares rose 1.8% to $402.70 during Thursday afternoon trading. The stock moved higher a

According to Odaily, Australia will reform its capital gains tax system, scrapping the 50% discount for assets held over 12 months from July 1, 2027. The reform affects equities, property, and cryptocurrencies. The new system introduces cost base indexation—adjusting purchase prices for inflation—an

According to Forbes on July 17, Australia has passed the 2026 Treasury Laws Amendment (Tax Reform No. 1), which will eliminate the 50% capital gains tax (CGT) discount for assets held longer than 12 months, starting July 1, 2027. This applies to all asset classes, including stocks, real estate, and cryptocurrencies, representing Australia’s most significant capital gains tax reform in the past 25 years. Australia to eliminate the 50% capital gains tax discount from July 2027 Under the 2026 Treas

Netflix (NFLX) stock tumbled overnight Thursday as the company's fiscal third-quarter guidance fell short of analyst expectations, with projected earnings of $0.82 per share and revenue of $12.86 billion missing estimates of $0.84 per share and $13 billion. During the fiscal second-quarter earnings

Netflix stock tumbled 8% overnight Thursday after the company posted Q2 results in line with expectations but offered Q3 and fiscal 2026 guidance that missed analyst estimates. The company guided for Q3 earnings of $0.82 per share and revenue of $12.86 billion, below consensus expectations of $0.84

According to China's State Administration of Foreign Exchange (SAFE) Deputy Director Li Bin, the regulator cracked down on illegal foreign exchange activities including underground money operations in the first half of 2026. SAFE handled over 300 cases and imposed penalties and confiscations