Global TradFi & Macroeconomics

According to blockchain analyst Ai, on July 17, a whale liquidated its entire position in a diversified semiconductor stock portfolio, incurring losses exceeding $10.4 million over 30 days. The whale had accumulated approximately $19.39 million in holdings including Marvell Technology (MRVL),

The New Taiwan Dollar depreciated to 32.325 against the U.S. Dollar on July 17, marking its weakest level since April 2025.

PayPal (PYPL) shares declined 0.4% in after-hours trading on Thursday after Reuters reported the company's board considers the $53 billion takeover offer from Stripe and Advent International inadequate. The board believes the $60.50-per-share proposal undervalues PayPal and is evaluating financing c

The Bank of Korea raised the base interest rate from 2.5% to 2.75% on the 16th, marking the first rate increase in 3 years and 6 months since January 2023. Governor Shin Hyun-song explained the decision was driven by inflation remaining above target for a considerable period and sustained

According to Bloomberg, Alphabet Inc. (GOOGL) shares fell nearly 5% on Thursday, July 17, after reports indicated Google is months behind schedule in releasing Gemini 3.5 Pro, its flagship artificial intelligence model. The delay stems from the model's underperformance in coding capabilities

According to the Bank of Korea, on July 16, the central bank raised its benchmark rate by 0.25 percentage points to 2.75% for the first time in three and a half years. All seven monetary policy committee members voted unanimously for the increase. The decision marks the beginning of a new

Xiaomi (01810) shares rose 2.1% to HK$28.08 in Hong Kong's morning session today (July 17), extending gains after climbing over 6% yesterday. The surge follows approval of the company's edge-side model for the national AI model registry. The stock was the best-performing among tech names at the

On July 17, the Hang Seng Index opened 0.06% higher, while the Hang Seng Tech Index fell 0.05%. The semiconductor sector weakened, with Luokung Technology, Giga-tronics, and Huahong Semiconductor each declining

According to UBP (Union Bancaire Privée), the Swiss private bank cut its year-end gold target price to $4,800 per ounce. While maintaining a long-term bullish outlook on gold, the bank is not increasing its current position at this

Bitcoin (BTC) gave back midweek gains, temporarily around $63,890 on July 17. The U.S. “CLARITY Act” is entering the final sprint, and Trump’s conflicts of interest remain a key obstacle. He is accused of promoting Nvidia, Tesla, and Apple stocks just a few days after buying shares in those companies. Macro Events & Crypto Market Hotspots According to The Block, the U.S. Congress is in the final sprint for the “CLARITY Act.” Optimism among lawmakers is rising, but ethical provisions around confl

According to Odaily and Gate data, silver rose 1.82% today to $55.743 per ounce, while gold increased 0.4% to $3,992 per ounce.

According to Today News, U.S. semiconductor stocks fell sharply on July 17 as investors took profits despite TSMC's positive earnings announcement. Market weakness was attributed to concerns over inflated expectations for artificial intelligence investments and elevated capital costs, while

According to Jin10, China's central bank conducted 450.5 billion yuan in 7-day reverse repo operations today (July 17), while 20 billion yuan worth of 7-day reverse repos matured. The net injection reached 430.5 billion yuan.

According to Finom Group chief market strategist Seth Golden, Roundhill Magnificent Seven ETF (MAGS) recently saw its 12-day Rate of Change (ROC) break above 12%, a key technical threshold that historically signals the start of sustained bull trends in large-cap tech ETFs. Year-to-date, MAGS has

The People's Bank of China conducted a 450.5 billion yuan reverse repurchase operation today, with a 7-day maturity period at an operating rate of 1.40%, unchanged from the previous operation. Both the bid amount and awarded amount totaled 450.5 billion yuan.

According to Seoul Economics, South Korea's KOSPI index plunged 6.37% on July 16, closing at 6,820.60 points and erasing the previous day's 6.24% gain of 7,284.41 points. Samsung Electronics fell 8.77% and SK Hynix declined 11.53%, leading the selloff on renewed concerns over memory chip price

According to Guru Club, Apollo Global Management Chief Economist Torsten Slok said on July 17 that the classic 60/40 stock-bond allocation has become obsolete, replaced by a new framework: 60% AI-related exposure and 40% non-AI. Slok noted that AI momentum has permeated not only equities but also co

On July 17, the U.S. dollar strengthened against the Chinese yuan at the interbank foreign exchange market, with the USD/CNY midpoint rate rising 25 basis points to 6.7934. Other major currency pairs against the yuan moved as follows: EUR/CNY fell 59 points to 7.7631; GBP/CNY declined 289 points to

Liquefied petroleum gas (LPG) main contract futures rose 2.00% intraday on July 17, reaching 5,277.00 yuan per ton.

Netherlands-based semiconductor equipment manufacturer ASML is raising prices for EUV and DUV lithography equipment, facing pushback from TSMC, which holds 73% of the foundry market. ASML CFO Roger Dassen cited AI chip supply constraints and stated 'there is considerable room for price increases.' T