Global TradFi & Macroeconomics

According to Bloomberg on July 30, multiple U.S. senators sent a joint letter to Apple CEO Tim Cook opposing the company's use of memory chips produced by Longxi Technology and Chang Jiang Storage, even for products sold only in China. The senators noted that both companies were recently listed on t

According to analysts including Citi, Fosun International released a midyear profit forecast on July 29, projecting profit attributable to shareholders at 1.5 billion to 1.8 billion RMB, representing year-over-year growth of 127 to 172 percent. The forecast exceeded expectations from multiple

According to Foresight News, Tempo has integrated BlackRock's BUIDL fund onto its blockchain, allowing qualified users to hold stablecoins and earn yields through tokenized fund shares. Securitize and RedStone are supporting the infrastructure for this institutional asset

According to Guru Club, on July 31, overnight SHIBOR rose to 1.4100%, up 1.0 basis points, while 7-day SHIBOR fell to 1.4530%, down 0.2 basis points. The 3-month SHIBOR remained unchanged at 1.4300%.

According to its latest policy statement, Japan's central bank said it will closely monitor developments in foreign exchange, the Middle East geopolitical situation, and global artificial intelligence demand to determine the timing of its next interest rate increase. The BoJ noted that price

The Bank of Japan revised its core-core CPI (Core Consumer Price Index excluding fresh food and energy) forecast on July 31. For fiscal years 2026-2028, the new median expectations are 2.5%, 2.6%, and 2.2%, respectively. Compared to the April projection, the 2026 forecast was lowered from 2.6%,

The Bank of Japan revised its core inflation forecast lower in its latest statement. The central bank now expects core CPI to reach 2.5%, 2.4%, and 2.0% for fiscal years 2026, 2027, and 2028 respectively, down from its April predictions of 2.8%, 2.3%, and 2.0%.

According to the Bank of Japan, import prices have seen a significant year-over-year increase in recent weeks, driven by yen depreciation and sustained elevated commodity prices, particularly crude oil. The central bank attributed the acceleration in import price inflation to weakness in the

The Bank of Japan raised its real GDP growth forecasts for fiscal years 2026, 2027, and 2028 to 0.6%, 0.8%, and 0.8%, respectively, on July 31, according to the central bank. The updated projections represent increases from its April forecasts of 0.5%, 0.7%, and 0.8%.

According to The Wall Street Journal, Tesla is reportedly considering divesting or spinning off its China operations due to escalating U.S.-China geopolitical tensions. Elon Musk has previously directed Tesla executives to establish clear operational separation between the company's American and Chi

The Bank of Korea estimated North Korea's real gross domestic product grew 3.5% in 2025, marking the third consecutive year of growth above 3%, according to a report released on the 31st. The expansion was driven by strengthened North Korea-Russia economic cooperation, increased trade with China, an

Gate News: According to an official Gate announcement, Gate has announced an important upgrade to its stock trading service, becoming the industry’s first exchange to offer zero trading fees for U.S. stocks and ETFs. After the upgrade, buy and sell orders for eligible U.S. stocks and ETFs will not be charged Gate platform trading fees, and there is no minimum trading fee, account opening fee, or account maintenance fee. In addition to platform trading fees, the main costs users may incur during

According to Jin10, the Bank of Japan held its benchmark interest rate at 1% on July 31, in line with market expectations.

According to Kyodo News, on July 31, Japan's Finance Minister Katayama Satsuki declined to confirm whether Japanese authorities intervened in forex markets to support the yen against the dollar. "We cannot disclose whether there was market intervention, but we remain vigilant at all times," she

Foreign exchange banks in South Korea recorded daily average foreign exchange trading volumes exceeding $120 billion for the first time in Q2 2026, reaching $121.44 billion according to Bank of Korea statistics released on July 31. The 18.3% increase from Q1 2026's $102.65 billion was driven by

According to Bank of Korea, average daily foreign exchange trading volume at Korean banks hit $121.44 billion in the second quarter of 2026, up 18.3% from the first quarter. The surge marked the highest quarterly figure since the central bank began tracking data in 2008. The increase was driven by h

Korean stocks posted their largest intraday gain on record on July 31, with the KOSPI index surging 14.36% to 6396.95 as of 11:53 AM local time. The rally was driven by renewed semiconductor investment sentiment following overnight gains in US chip stocks and the liquidation of a major US hedge

According to Yonhap Infomax, South Korea's overnight interbank call rate reached 2.763% on July 31, with trading volume at 17.812 trillion won. The banking system faced a reserve fund shortfall of 10.893 trillion won, while cumulative reserve adequacy showed a surplus of 60.321 trillion won.