Global TradFi & Macroeconomics

On Thursday, July 16, offshore yuan (CNH) traded at 6.7732 against the U.S. dollar by New York close (Friday 04:59 Beijing time), down 45 pips from Wednesday's close. The pair ranged between 6.7649 and 6.7755 during the

On July 16, spot gold fell 2.08% to $3,975.93 per troy ounce during New York trading, approaching the June 30 low of $3,943.29. Spot silver declined 3.97% to $55.5054 per ounce, while spot palladium fell 5.09% to $1,254.10 per ounce. COMEX gold futures fell 1.79% to $3,979.20 per ounce, and COMEX si

According to Jeff Schmid, president of the Kansas City Federal Reserve, on July 16 at an economic forum in Nebraska, inflation remains his primary concern as it continues to run hot and above the Fed's 2% target for an extended period. Schmid stated that inflationary pressures have broadened

Netflix reported Q2 earnings on the 16th (local time) that missed revenue expectations, triggering a 7.90% stock decline in after-hours trading. The streaming company posted revenue of $12.56 billion, falling short of the $12.59 billion estimate, while Q3 EPS guidance of $0.82 came in below

According to Netflix, the company reported Q2 earnings per share of $0.80 and revenue of $12.56 billion on July 16, exceeding the EPS forecast of $0.79 but falling short of the revenue expectation of $12.59 billion. The company guided Q3 EPS at $0.82 against analyst consensus of $0.84, while revenu

According to Atlanta Fed's GDP Now model, the U.S. second-quarter economic growth estimate was raised to 1.7% on an annualized basis on July 16. This represents a 0.4 percentage-point increase from the previous estimate of 1.3% on July 8. The model also lifted its estimate for real personal

Data center company Csquare Inc. (CSQR) closed down 1.57% at $20.67 on its first day of trading on the U.S. market on July 16.

According to Venezuelan officials, Venezuela targets oil production of 1.4 million barrels per day by the end of 2026. The announcement reflects the country's efforts to ramp up energy output amid broader economic

U.S. micro-cap initial public offerings have plummeted year-to-date, with only 13 companies listing on Nasdaq and the New York Stock Exchange as of mid-July 2026, compared to approximately 80 listings by mid-2025. The decline follows regulatory crackdowns on suspected pump-and-dump schemes, during w

On Thursday, July 16, emerging markets ETF fell 2.10%, while gold ETF and Barclays U.S. convertible bond ETF both dropped 1.98%. U.S. crude oil fund, Nasdaq-100 ETF, and related equity indices declined between 1.64% and 0.54%. Meanwhile, U.S. real estate ETF rose 2.26% and VIX call ETF

White House Press Secretary Caroline Leavitt stated on the 16th (local time) that Iran continues dialogue with the United States and has expressed willingness to reach an agreement. Leavitt made these remarks during a press briefing when asked whether US-Iran negotiations were at a standstill,

According to CNBC on July 15, Warren Buffett warned that markets are encouraging "gamblers rather than investors" as speculation overshadows value investing. The Berkshire Hathaway chairman stated, "When everyone prefers gambling, it is hard to find value." Buffett cited rising speculation

On Thursday, July 16, U.S. stock sector ETFs showed mixed performance, with technology shares leading declines. Semiconductor ETF fell 3.7%, while technology industry ETF dropped 2.24% and global tech stock ETF declined 2.47%. In contrast, regional bank ETF surged 2.82%, and banking and consumer

Alcoa reported second-quarter sales of $3.97 billion, falling short of analyst expectations of $4.02 billion.

According to Jin10, crude oil futures declined on July 17. WTI crude for August delivery fell 65 cents to $78.95 per barrel, down 0.82%, while London Brent crude for September delivery dropped 72 cents to $84.23 per barrel, down 0.85%.

Google stock dropped 4.4% on July 15, wiping out approximately $200 billion in market value.

According to Jin10 Data, U.S. stock markets declined on Thursday (July 17), with the Nasdaq composite dropping 1.47%, the S&P 500 falling 0.5%, and the Dow Jones index declining 0.2%. Semiconductor stocks led the selloff: SK Hynix ADR (SKHY.O) closed down 13.6%, SanDisk (SNDK.O) fell 12.6%, and

On July 16, U.S. stock market indices declined at the close. The S&P 500 fell 0.6%, while the Nasdaq-100 dropped 1.7%. The memory chip index led declines with an 8% drop, and the semiconductor index fell 4%. Among Nasdaq-100 constituents, memory and storage stocks suffered the steepest losses: