Global TradFi & Macroeconomics

According to Jin10 Futures, on July 23, China's Shanghai International Energy Exchange reported that warehouse receipts across energy and chemical futures remained unchanged from the previous trading day. Pulp futures warehouse receipts stood at 319,520 tons, while medium-sour crude oil futures rece

According to Cailian Press, on July 23, China's three major stock indices closed slightly higher in low-volume trading. The Shanghai Composite Index rose 0.25%, the Shenzhen Component Index gained 0.44%, and the ChiNext Index

According to Korea Securities Depository, Korean domestic investors recorded net purchases of $2.975 billion in U.S. stocks between July 1-22, the largest amount in five months. The surge was driven by won strength (weakening exchange rate from 1555.8 to 1455.8 won per dollar, a 6.4% decline) and in

According to Seoul Economy, Samsung E&A (stock code 028050) released Q2 earnings results today showing operating profit of 273.1 billion Korean won, up 51% year-over-year, with net income rising 28.8% to 182.5 billion won. The strong results drove the stock to close at 46,650 won, a 12.95% gain,

According to TD Cowen, on July 23, the bank cut Tesla's (TSLA.O) price target from $490 to $460 per share.

Europe's major stock indices opened lower today. The Stoxx Europe 50 index fell 0.6%, Germany's DAX declined 0.8%, the UK's FTSE 100 dropped 0.2%, and France's CAC 40 index decreased 0.5%.

On July 23, major European stock indices opened lower across the board. Germany's DAX 30 fell 175.60 points, or 0.70%, to 24,998.50; Italy's FTSE MIB declined 0.96% to 52,284.00; France's CAC 40 dropped 0.55% to 8,391.86; Europe's Stoxx 50 fell 0.60% to 6,279.20; Spain's IBEX 35 declined 0.30% to 19

According to Jin10 Futures, as of 15:00 Beijing time on July 23, spot platinum fell 0.25% and spot palladium declined 0.39%.

According to the financial services industry, South Korea's Financial Services Commission held a closed-door meeting on July 23 with asset managers including Samsung Asset Management and KB Asset Management, as well as securities firms, to discuss measures addressing single-stock leveraged

According to sources, Intel and AMD are requiring Chinese server customers to sign longer-term data center CPU supply contracts to secure future shipments amid rising prices. Since the start of 2026, CPU prices have surged over 40%, with some products seeing monthly increases exceeding 10%.

Shinhan Financial Group CFO Jang Jeong-hoon stated during the Q2 earnings conference call on July 23 that the group is reviewing various M&A targets including Lotte Insurance, though no deals have been finalized. The CFO announced a KRW 700 billion share buyback decision and emphasized that M&A

The USD/JPY exchange rate tested support just above the 163 yen level on July 23rd, trading at 163.052 yen as of 1:41 PM, down 0.04% from the previous session. Japanese Finance Minister Katayama Satsuki issued verbal intervention warnings for the second consecutive day, stating authorities would

South Korea's KOSPI index closed at 7,096.89 on the 23rd, up 299.19 points (4.40%) from the previous session, reclaiming the 7,000-point threshold for the first time since the 15th — a five-trading-day gap. The rally was driven by foreign investors' net buying of 2.1351 trillion won and recovering s

According to Shinhan Financial's chief financial officer Jang Jeong-hoon, the company is reviewing various merger and acquisition targets, including Lotte General Insurance, as of July 23. The CFO stated that M&A pursuits will not impact the company's Common Equity Tier 1 (CET1) capital ratio

According to Yonhapinfomax, SK Telecom announced today (July 23) that its board of directors approved a Q2 quarterly dividend of 830 won per share. The total dividend payout amounts to approximately 176.84 billion won, with a dividend yield of 0.9%. The record date for the dividend is August 31, an

According to Yonhapinfomax, the USD/JPY exchange rate traded at 163.052 yen on July 23, down 0.04% from the previous day. Japan's Finance Minister Katayama Satsuki reiterated strong resolve to counter further yen weakness if needed. Market expectations of faster-than-anticipated rate hikes by the

South Korea's government-led petrochemical industry restructuring has placed the sector's credit rating defense on trial, as the Ministry of Trade, Industry and Energy announced on the 22nd its approval of the 'Yeosu No. 1 Business Restructuring Project' involving Yeocheon NCC, Lotte Chemical,

Bitcoin climbed above $65,800 on Wednesday, reaching its highest level in more than a month as spot exchange-traded funds extended net inflows to a sixth consecutive session. The cryptocurrency has recovered about 15% from its 2026 lows, driven by renewed ETF demand that reversed a punishing

Bitcoin traded above $65,800 on Wednesday, its highest level in more than a month and approximately 15% above its 2026 lows. Spot Bitcoin ETFs recorded a sixth consecutive session of net inflows, accumulating about $779 million since July 13 in their longest daily inflow streak since May. Net

PayPal closed at $55.51 on 22 July, roughly 8% below the $60.50 per share Stripe and Advent International offered and about 21% below the approximately $70 the board says the company is worth. The board formally rejected the more than $53 billion offer on 21 July. Q2 results land 28 July at 8:00 a.m