Global TradFi & Macroeconomics

US stocks rose for a second consecutive day on July 15 (local time) after the June Producer Price Index (PPI) fell 0.3% month-over-month, exceeding market expectations and reinforcing signs of cooling inflation. The unexpected decline in PPI, following a softer-than-expected Consumer Price Index

Gold prices shot to session highs after the New York Federal Reserve reported on Wednesday that its Empire State manufacturing survey improved to 15.6 in July, up from 5.7 in June and far exceeding consensus expectations of 6.2. The surge in manufacturing activity, driven by strong increases in

According to the New York Federal Reserve, its Empire State manufacturing survey improved to 15.6 in July, significantly surpassing expectations of 6.2 and marking a sharp rise from June's 5.7 reading. The better-than-expected data triggered a rally in gold prices, which climbed to session highs at

According to Reuters, SpaceX's stock fell to $134 on July 15, dropping 1.5% and falling below its $135 initial public offering price for the first time since the company went public last month.

According to Jin10, the U.S. Dollar Index, which measures the dollar against six major currencies, fell 0.43% on July 15 and closed at 100.488 at the end of New York forex trading.

According to Bloomberg, the EV Price Return Index rose 0.62% to 3417.66 on Wednesday, July 15, maintaining upward momentum throughout the trading session.

According to Bitcoin.com News, Securitize and Cantor announced on July 15 a partnership to enable tokenized initial public offerings within existing U.S. securities rules. The arrangement will apply blockchain-based ownership records to capital formation while maintaining all regulatory

According to reports on July 15, U.S. producer prices fell short of market expectations, bolstering hopes for moderating inflation. The Producer Price Index (PPI) decline, following yesterday's softer-than-expected Consumer Price Index (CPI) reading, has strengthened market expectations that the

According to CNBC, Berkshire Hathaway chairman Warren Buffett said on Wednesday (July 15) that his success stemmed largely from luck rather than skill. The 95-year-old investor stated he is among the world's luckiest people, having lived a long and healthy life with a sharp mind longer than

On July 15, agricultural commodities ETF gained 1.27%, leading U.S. asset class ETFs, while fear index ETF fell 3.07%, the largest decliner of the session. Soybean ETF and U.S. Brent crude oil ETF rose 1.11% and 0.63% respectively. Most other major ETFs including Russell 2000, S&P 500, U.S. real est

Korean stocks rallied sharply on the 15th, with KOSPI surging 6.24% to close at 7284.41 and KOSDAQ gaining 5.80% to 829.43, reclaiming the 7000 and 800 thresholds respectively. The recovery followed a two-day rebound after the 13th's 8.95% plunge, driven by foreign investors' net purchase of

U.S. President Donald Trump forecasted on July 15 that oil prices will decline to $55 per barrel once the Iran situation stabilizes. Trump made the statement in reference to geopolitical tensions affecting current energy

According to Jin10, the Wall Street Fear and Greed Index was updated on Wednesday, July 15, after U.S. market close.

On Wednesday, July 15, U.S. sector ETFs posted mixed performance. The Global Aviation ETF led gains with a 1.30% increase, while the Semiconductor ETF suffered the steepest decline at 1.59%. Banking and regional bank ETFs rose up to 1.18%, whereas energy and technology sectors declined 0.79% and 1.0

United Airlines reported second-quarter earnings that exceeded Wall Street estimates on Wednesday, with adjusted earnings per share of $1.99 versus the expected $1.88 and revenue of $17.67 billion versus the expected $17.61 billion for the quarter ended June 30. The carrier cited nearly $6 billion i

United Airlines reported second-quarter adjusted earnings per share of $1.99 on Wednesday, beating Wall Street's estimate of $1.88, with revenue coming in at $17.67 billion versus $17.61 billion expected. However, surging fuel costs continue to weigh heavily on the airline's profitability. The

On July 15, major U.S. stock indices closed higher. The Dow Jones Industrial Average rose 150.25 points, or 0.29%, to 52,658.52. The S&P 500 gained 28.85 points, or 0.38%, closing at 7,572.44. The Nasdaq Composite climbed 162.22 points, or 0.62%, to 26,269.23.

KOSDAQ recovered above 800 points on July 15 with a gain of 5.8% over three trading days. However, investors holding KOSDAQ-tracking ETFs have suffered losses of around 20% over the past month, creating a disconnect between the index's rebound and retail investors' portfolio

The Nasdaq Golden Dragon China Index rose 2.9% on July 15. Among major Chinese stocks, Miniso led gains with a 9.2% increase, followed by Meituan up 6.2% and Zai Lab up 5.8%. Tencent gained 5%, Alibaba rose 4.8%, and AirBnb China climbed 4.5%. In related ETFs, KWEB advanced 3.2% while CQQQ

The U.S. storage chip index fell 6.4% and the semiconductor index declined 2.1% on July 15, with the Nasdaq-100 down 0.3%. Storage-related stocks led losses: Western Digital dropped 8.7%, SanDisk fell 8.5%, Micron declined 7.9%, and Lumentum slid 7.3%. Seagate, Cisco, Intel, CoreWeave, and AMD