Global TradFi & Macroeconomics

New Federal Reserve Chair Kevin Warsh delivered his first testimony before the U.S. House of Representatives Committee on Financial Services, presenting an optimistic economic assessment while emphasizing the central bank's commitment to price stability. Warsh stated the Fed has 'no tolerance for

According to Reuters, AI cloud computing company CoreWeave is exploring financial derivatives to hedge against potential memory and storage chip price declines. The company has signed long-term agreements with chipmakers Micron and SanDisk that include price floor guarantees for DRAM and storage chi

According to Kitco News, Fed Chair Kevin Warsh testified before Congress for the first time in his role, reaffirming the Federal Open Market Committee's commitment to price stability. "Underlying inflation over longer time horizons is determined largely by monetary policy," Warsh said, adding that F

According to Crédit Agricole's chief economist Kim Yeon-jin, South Korea's central bank is expected to unanimously raise its benchmark rate by 25 basis points in tomorrow's monetary policy meeting on July 16. The rate hike reflects first-quarter GDP growth exceeding market expectations, strong

Billionaire investor Chamath Palihapitiya said overnight late Tuesday there was 'very obvious industrial logic' in combining Tesla, Inc. (TSLA) with Elon Musk's SpaceX, sending Tesla stocks up 0.4% to $396.18. Palihapitiya, an early SpaceX investor dubbed the 'SPAC King,' told CNBC that

Samsung Electronics faced speculation about a potential US Nasdaq listing on the 14th (local time) after Bloomberg reported the company held preliminary discussions with global investment banks regarding American Depositary Receipt (ADR) issuance. The report cited sources familiar with the matter, s

During a CNBC interview on late Tuesday, billionaire investor Chamath Palihapitiya said there was "very obvious industrial logic" in combining Tesla and SpaceX, stating: "There is a very obvious industrial logic to put these two businesses together, to have one capital structure, to have one

According to Bloomberg, SK Hynix chairman Choi Tae-won announced on July 11 that artificial intelligence is driving exponential growth in memory chip demand. The company plans to double its overall capacity over the next five years to address the shortage. Choi noted that memory demand is

Wall Street analysts project semiconductor companies including Micron and NVIDIA will generate approximately $700 billion in combined profits through 2027, according to a Yahoo Finance report published on July 14 local time. The forecast comes as tight supply of high-bandwidth memory (HBM) and

According to Yahoo Finance on July 14, Wall Street forecasts Micron will generate $176 billion in net income for fiscal year 2027, up dramatically from $9 billion in FY2025. The semiconductor index peaked on June 22, with global chipmakers expected to produce approximately $700 billion in

According to Japan's Petroleum Association (PAJ), Japan's commercial crude oil inventories declined by 331,964 thousand liters in the week ended July 11, falling to 10.27 billion liters from 10.60 billion liters the previous week. Refinery operating capacity utilization rose to 86.20% from 83.00%, w

On July 15 morning session close, commodity futures markets rallied broadly, with low-sulfur fuel oil surging 5.98% amid continued geopolitical premiums and cost-driven support. Precious metals rebounded, while black metal commodities strengthened collectively, with rebar, hot-rolled coil, and

The U.S. Dollar Index dropped to 100.80 on July 15, declining 0.12% during the trading day.

According to SoSoValue data, Bitcoin spot ETFs saw total net inflows of $181 million on July 14 (yesterday in U.S. Eastern time). BlackRock's IBIT led single-day flows with $139 million in net inflows, bringing its lifetime total to $60.239 billion. Fidelity's FBTC followed with $21.07 million in da

According to company announcement, Keen Methods Medical (02595) launched a placement of 13.6 million new H-shares at HK$34.69 per share on July 15, representing a 9.71% discount to the previous close of HK$38.42. The placement raised HK$472 million in gross proceeds. As of 11:50 a.m., the stock

According to Reuters, Stripe and Advent International made an unsolicited acquisition offer to PayPal on July 15 at $60.50 per share, valuing the company at over $53 billion and representing approximately 28% premium to its previous closing price. The proposal, submitted earlier this month, is

Goldman Sachs Group, Inc., JPMorgan Chase & Co., and Bank of America Corp. surged to annual highs on Tuesday after the banks posted stellar second-quarter earnings results that beat market expectations. GS stock led the climb among banking stocks, surging more than 9% after its record Q2 results,

According to Bitget, South Korea's KOSPI index hit 7,400 points on July 15, rising 7.94% intraday. SK Hynix gained 12% on the day.

According to Hyperinsight, on July 15, a wallet address (0xd1d...) accumulated 5,000 SKHY tokens on Hyperliquid ahead of SK Hynix ADR's official trading launch, achieving an entry average price of $152.9. The address deployed a long position with 10x leverage, completing final purchases 4 minutes

According to Herald Economics, South Korean President Lee Jae-myung on July 15 directed financial authorities to expedite the passage of a stock price manipulation prevention bill and implement measures on leveraged exchange-traded funds (ETFs). The country's financial regulators announced they