Global TradFi & Macroeconomics

According to Bloomberg, Baidu's artificial intelligence chip subsidiary Kunlun Chip is pursuing dual listings on Shanghai's STAR Board and Hong Kong. The company, 58% owned by Baidu, has submitted an IPO application to China's securities regulator via China International Capital Corporation and

A recent paper questions the intuition of going long in bull markets and shorting in bear markets, proposing the OPT framework to determine exposure based on conditions. The study shows that bear-market positions are usually close to zero, even slightly long, and can achieve a higher Sharpe ratio than being fully short. Conclusion: the value of bear-market signals lies in risk-adjusted returns, not in necessarily shorting.

According to Jin Shi, seven large forex options positions with strike prices exceeding 1 billion are set to expire on May 8 at 22:00 Beijing time. The expiring contracts involve euro, Swiss franc, British pound, and Japanese

According to BitcoinTreasuries.NET, Deutsche Bank AG increased its holdings of Microstrategy (MSTR) by 53,215 shares, valued at approximately $9.5 million. The bank's total MSTR position now stands at 784,919 shares worth approximately $140.1 million.

Stellantis announced on May 8 that it will expand its partnership with China's EV maker Leapmotor, adding production of Leapmotor's B10 model and a jointly developed electric C-SUV under the Opel brand at its Zaragoza plant in Spain. The owner of Jeep and Peugeot will also cooperate with Leapmotor o

According to Gate market data, S&P 500 E-Mini futures rose 0.33%, Nasdaq-100 futures rose 0.52%, and Dow Jones futures rose 0.15% on May 8.

According to the Bank of Japan, BOJ Governor Kazuo Ueda will visit Switzerland from May 9 to 13 to attend the Bank for International Settlements conference.

According to Shanghai Gold Exchange, on May 8 (Friday), the delayed compensation fee payment direction for Au(T+D) and Ag(T+D) contracts was announced. For both contracts, short positions pay long positions. The data encompasses trading sessions

Turkey's Energy Minister announced plans to reach a new liquefied natural gas agreement with Algeria this year, with the goal of transporting part of the gas supply to Southeast Europe.

TSMC’s April revenue was about NT$410.7B, down 1.1% from March and up 17.5% year-over-year; total revenue for January to April was about NT$1.544829 trillion, up 29.9% year-over-year. Q1 revenue was NT$1.1341 trillion, gross margin 66.2%, net profit NT$26M, and EPS NT$22.08, setting a new high. The full-year USD growth outlook was raised to >30%; strong AI/HPC demand and it is building three new plants to meet supply tightness. HPC accounted for 61%, North America 76%, and China 7%.

According to China's Foreign Ministry spokesperson Lin Jian, a Marshall Islands-flagged oil tanker with Chinese crew members was attacked near the port of Al Fujairah outside the Strait of Hormuz on May 8, with its deck catching fire. The Foreign Ministry confirmed that as of the latest update, no c

According to Xinshi Data, China's A-share indices closed mixed on May 8. The Shanghai Composite Index closed flat, while the Shenzhen Component Index fell 0.5% and the ChiNext Index dropped 0.96%. The Beijing Stock Exchange 50 Index rose 2.24%. Combined trading volume in Shanghai and Shenzhen

According to BitcoinTreasuries.NET monitoring, Deutsche Bank increased its holdings of 53,215 Strategy shares worth $9.5 million on May 8. The bank, which manages $2.1 trillion in assets, now holds a total of 784,919 shares valued at $140.1 million.

Kuaishou-W (1155.HK) surged over 10% during intraday trading today, closing at HK$53.55 in late-session momentum.

Global gold demand surged in the first quarter of 2026, with volume increasing 74% to reach $193 billion, according to a World Gold Council report. The increase was driven by both price appreciation of the yellow metal and heightened investor interest amid geopolitical uncertainty.

According to Bloomberg, ECB President Christine Lagarde warned that euro-denominated stablecoins pose risks to financial stability and monetary policy transmission, questioning their necessity. She stated that while such stablecoins could lower financing costs and enhance the euro's global appeal, t

According to Shanghai Futures Exchange data released by Golden Ten Futures on May 8, energy and chemical futures warehouse inventories saw mixed movements. Fuel oil inventories declined sharply by 54,320 tons to 64,030 tons, marking the largest single-day drop. Low-sulfur fuel oil warehouse inventor

The Federal Reserve’s April meeting saw an 8-4 split—the biggest divergence in more than 30 years—while keeping interest rates unchanged for the third consecutive time. What does extending the policy pause period mean for the crypto market?

Switzerland's consumer confidence index for April came in at -41.04, beating the expected -45.5, according to official data. The previous month's reading was also revised upward to -32.35 from -42.9, indicating improved

Major European indices opened lower on Friday, May 8, with the Stoxx Europe 50 leading losses at 1.00% to 5,913.06. Germany's DAX fell 0.92% to 24,445.25, while France's CAC 40 declined 0.76% to 8,139.91. The UK FTSE 100 dropped 0.61% to 10,214.55, Spain's IBEX 35 fell 0.74% to 17,917.58, and