Global TradFi & Macroeconomics

The Japanese Ministry of Finance did not conduct any foreign exchange intervention during the period from June 29 to July 29.

According to Jin10 data on July 31, the U.S. dollar index is on track for its worst week in three months, with a projected decline of 1.2%, as markets question the Federal Reserve's ability to effectively control inflation. Despite a modest recovery on Friday, the index remains near its lowest

According to Yonhapinfomax, South Korea's interest rate swap (IRS) yields fell sharply on July 31. The 10-year IRS dropped 6.00 basis points, the 5-year fell 5.50 basis points, and the 1-year declined 3.25 basis points to 3.4125%. The decline was driven by overnight weakness in the dollar-won

According to Morningstar, the investment research firm set Nvidia's fair value estimate at $280 per share on July 30, 44% higher than the current approximately $194 level. The firm noted that Nvidia has declined 17% since mid-May, creating a divergence from its valuation estimate. Morningstar

A consortium of more than 140 organizations, including BlackRock, Visa, Mastercard, Stripe, and BNY, confirmed plans to launch Open USD (OUSD), a new stablecoin on the Ethereum blockchain. The project is governed by Open Standard, an independent consortium that distributes reserve income across

Kim Byung-yeon, director at NH Investment & Securities, recommended a split-buying strategy for Samsung Electronics and SK Hynix during a May 24 interview with Kookmin Ilbo's YouTube channel 'Yeouido Money Street,' one week before KOSPI surged over 1000 points on July 31. The market rebound was

Xinyi Solar (00968) announced interim results for the period ending June 30, reporting shareholder profit of RMB 39.016 million, down 94.77% year-over-year. The Hong Kong-listed solar glass manufacturer declared an interim dividend of 0.23 HK cents per share, a 94.52% reduction from the prior period

According to its interim results announcement, XinCe Technology (03317) reported on July 31 that first-half revenue reached 967 million yuan, surging 389% year-over-year, with net profit of 72.51 million yuan. The company's Token business drove accelerated growth, with quarterly Token-based ARR

Solartech Sunwing Energy (00968) reported a 94.77% year-on-year drop in shareholders' profit to 44.016 million yuan in the first half of 2026. The interim dividend fell 94.52% to 0.23 HK cents per share, while revenue declined 22.88% to 8.43 billion yuan. Gross margin contracted to 10.9%,

According to online communities, on July 30, retail investors in their 30s deleted delivery applications and drastically reduced spending following sharp declines in domestic and overseas stock indices. The market downturn left many investors with portfolio losses, prompting them to adopt extreme co

According to the China Securities Regulatory Commission, the regulator recently approved the registration of Coke Futures Options on the Dalian Commodity Exchange. The CSRC said it will supervise the exchange's preparations to ensure a smooth launch and stable operation of the

According to South Korean media, trading volumes in leveraged single-stock ETF products fell sharply to 25% of their previous day's level on the first day of new regulatory restrictions implemented by South Korea's financial authorities. The 75% collapse marks a significant slowdown in retail tradin

According to Mitsubishi UFJ Bank analysts, on July 31, expectations of further Japanese government currency market intervention are limiting the yen's decline against the dollar. Following an apparent intervention on Thursday, the Japanese Finance Ministry typically executes a second round of interv

On July 31, Europe's three major stock indices surged to historic record highs. The Stoxx Europe 600 index rose 0.7%, breaking through its previous peak from July 6. The UK FTSE 100 gained 0.8%, reaching intraday all-time highs, while Germany's DAX index climbed 1.1%, surpassing its previous

According to Yonhapinfomax, the USD-KRW exchange rate on July 31 initially plummeted to the mid-1,410 won range as Japanese authorities conducted large-scale yen purchases and Korean financial authorities implemented market stabilization measures at similar times. The rate later rebounded to 1,424 w

According to Bloomberg, Microsoft stock gained 15.5% on Thursday following a strong quarterly report, adding a record $450 billion to the company's market capitalization in a single day. The surge was driven by Azure cloud revenue jumping 43% in the fiscal fourth quarter, the highest growth rate sin

According to its interim results announcement, Xinyi Energy (03868) reported H1 2026 shareholder profit of RMB 320 million, down 28.86% year-over-year. Basic earnings per share stood at 3.76 cents, while the interim dividend was reduced 27.59% to 2.1 HK cents. Revenue for the period fell 13.1% to RM

According to MSX.COM, U.S. storage sector stocks expanded gains in premarket trading on July 31, with SK Hynix rising over 7%, followed by SanDisk up 6.18%, Western Digital up 5.25%, Micron Technology up 4.39%, and Seagate Technology up 3.14%.

According to Gate data, USD/JPY rebounded to 159.0 intraday on July 31, trading at 158.796 with a 24-hour decline of 3.0%.