Global TradFi & Macroeconomics

US spot Bitcoin ETFs posted a $424.66 million outflow on July 14, marking the largest single-day exit in July. The outflow reversed a brief period of positive weekly flows.

According to Jin10, BCA Research analyst Felix Vezina-Poirier said on July 14 that surging oil prices could encourage the United States and Iran to cool their Middle East conflict. Both sides are willing to demonstrate strength but do not want to see consequences of larger-scale escalation, the anal

According to Bloomberg, Asian oil refiners have recently resumed negotiations for U.S. crude spot shipments as escalating U.S.-Iran tensions disrupt vessel traffic through the Strait of Hormuz. At least three industry participants involved in U.S. crude sales and Asian refining procurement

US President Donald Trump announced on the 13th (local time) that he would impose a 20% fee on all cargo passing through the Strait of Hormuz to recover costs of providing military protection to vessels using the waterway. Industry experts and shipping operators told the New York Times that the

Barclays forecasts the Bank of Korea will unanimously raise its base rate by 25 basis points at the July monetary policy meeting. Barclays economist Son Bum-gi stated this decision is appropriate given that second-quarter headline and core inflation rates exceeded the BOK's forecasts by 10 basis poi

Physical AI-themed ETFs in Korea recorded double-digit negative returns over the recent one month, driven by a 30% decline in Hyundai Motor stock. As of the 14th, ACE K휴머노이드로봇산업TOP2+ ETF posted a -34.67% return for the recent one month, according to KOSCOM ETF CHECK. The decline reflects market

According to Koscom ETF CHECK as of July 14, physical AI-themed exchange-traded funds suffered significant losses, with one-month returns dropping to as low as -34.67%. The ACE K Humanoid Robot Industry Top 2+ ETF recorded -34.67% returns, while other physical AI funds tracking Hyundai Motor saw

According to Jin10, Huashun Petroleum announced on July 14 that it expects net profit attributable to shareholders for the first half of 2026 to reach 68-88 million yuan, representing a year-over-year increase of 384.02%-526.38%. The company attributed the profit surge to geopolitical tensions that

According to reports published on July 14, South Korean brokers including Mirae Asset Securities, Hyundai Securities, and Korea Investment & Securities downgraded SK Hynix's second-quarter operating profit estimates. Mirae Asset cut its forecast by approximately 12% to 62.3

The U.S. Treasury paid $81 billion in tariff refunds this fiscal year, up from $5 billion a year earlier, after the Supreme Court struck down Trump's tariffs in a 6-3 February ruling. The court found Trump exceeded his authority by using the International Emergency Economic Powers Act (IEEPA) to

According to Treasury data reported by Agence France-Presse, U.S. tariff refunds totaled $81 billion in the fiscal year ending July 2026, up from $5 billion the previous year. The surge followed the Supreme Court's 6-3 decision in February that found Trump exceeded his authority by using the

According to Kuang-Guang Pan, head of investment strategy and research at Fubon Bank (Hong Kong), U.S. stocks are expected to reach new highs by year-end as technology giants increase semiconductor investments to boost profitability. The Hong Kong stock market, which mirrors similar sectors as the U

According to Bit.com, storage sector stocks rose during pre-market trading on July 14. SanDisk (SNDK.O) gained 4.3%, Micron Technology (MU.O) climbed 3%, while Western Digital (WDC.O) and Seagate Technology each advanced more

Samsung Electronics is in early stage discussions about issuing American Depositary Receipts (ADR) for a potential US listing, according to Bloomberg. The company recently held preliminary talks with investment banks but has not made a final decision, according to multiple sources familiar with

According to Jin10, multiple foreign exchange options on EUR, JPY, CAD and other currency pairs with notional values exceeding $1 billion each are set to expire on July 14 at 22:00 Beijing time (UTC+8). Market participants are advised to manage associated

According to Morgan Stanley's podcast 'Hard Lessons,' Jean-Eric Salata, Asia chairman of global private equity firm EQT Partners, shared on July 13 his core investment philosophy: maintaining an 'infinite mindset' and 'healthy paranoia' to sustain long-term returns. He emphasized that success in

According to Jin10 Futures, as of 4 p.m. on July 14, the CFETS-NEX RMB liquidity sentiment index stood at 50, down 3 points from 1:30 p.m. Among institutions, the index for major banks, mid-size banks, and non-bank entities reported 49, 51, and 49 respectively, declining 3, 4, and 3 points. An index

According to Iran's SNN news agency, an Iranian military spokesman stated today that the Strait of Hormuz will not be opened due to U.S. aggression and war.