Global TradFi & Macroeconomics

Shares of AST SpaceMobile (ASTS) declined 4% in after-hours trading on Thursday after SpaceX agreed to acquire Grain Management's nationwide 800 MHz spectrum portfolio, which ASTS had also pursued. The stock closed at $56.93, marking its lowest close in over a month. Telecom analyst Roger Entner, w

According to China's central bank, today the institution conducted a 2 billion yuan 7-day reverse repurchase (repo) operation. The bid amount totaled 2 billion yuan and the successful bid amount reached 2 billion yuan. The operation rate remained at 1.40 percent, unchanged from the previous operatio

AI hyperscalers' continued fundraising and France's ongoing fiscal instability are sustaining global credit market pressures this week, according to NH Investment & Securities analysts Kim Jun-su and Lee Se-hyun in a report titled 'Large-scale AI Fundraising and Continued French Fiscal

Firmus, an Australian AI data center operator backed by Nvidia, withdrew its planned initial public offering citing market volatility. The company's board determined the proposed offering terms did not adequately reflect its business strength and long-term growth outlook, leading to the decision to

According to NH Investment Securities research published today, AI hyperscalers' continued fundraising and France's fiscal concerns are straining global credit markets. SpaceX announced plans to raise $30 billion in investment-grade bonds and $10 billion in bank loans to fund Nvidia chip

The yuan's central parity rate against the US dollar strengthened by 37 basis points to 6.7330 yesterday, marking its highest level since February 2, 2023.

According to CNOOC, China's gasoline and diesel retail prices are expected to fall 270 yuan per ton, with crude oil averaging $97.01 per barrel as of October 9, down 4.65% during the current pricing cycle. The next price adjustment window is scheduled for October 15

According to CNBC and an official Firmus statement, Australian AI data center operator Firmus withdrew its planned IPO on October 1, following its pricing of A$11 per share. The company had aimed to raise $5 billion, which would have made it Australia's second-largest new share sale in history,

According to Guru Club, on Oct 9, NYMEX silver futures rose 1% to $60.02 per ounce, while spot silver gained 1% to $59.74 per ounce.

According to Guru Club, lithium carbonate main contract futures fell 4.77% on October 9, trading at 115,820 yuan per ton.

According to SoSoValue data, Solana spot ETFs posted a net outflow of $3.32 million yesterday (October 8 US time). Morgan Stanley Solana Trust (MSOL) recorded a single-day net inflow of $1.773 million, while Bitwise Solana Staking ETF (BSOL) experienced a net outflow of $5.258 million. The

On October 9, leading domestic RISC-V chip designer Andes Computing (Stock Code: 01256) listed on the Hong Kong Stock Exchange with its public offering receiving 9.09 times subscription. Separately, LiDAR manufacturer Suteng Innovation Perception (02498) reported third-quarter LiDAR product sales o

According to Jin10, on October 9, Japan's government announced it will restart a fiscal spending review and expand scrutiny over government-sponsored funds and subsidy programs to fund Prime Minister Takaichi Sanae's costly policy commitments. The initiative, modeled after the U.S. DOGE framework, p

China's commodity futures markets opened with mixed performance on October 9. Among declining contracts, tin (Shanghai) led losses with a drop of nearly 5%, followed by lithium carbonate down over 3%, ethylene glycol and lead (Shanghai) each down over 2%, and zinc (Shanghai), international copper, a

On Oct 9 (Friday) during early trading, Shanghai Gold Exchange gold T+D prices rose 0.41% to 895.66 yuan per gram, while silver T+D prices gained 0.09% to 14,465.0 yuan per kilogram.

According to Bloomberg, oil markets have grown desensitized to U.S. President Trump's rhetoric as the U.S.-Iran conflict stretches into its seventh month. On October 1, Trump warned Iran it would "not exist" without a ceasefire agreement, but oil prices barely moved. In contrast, when he issued

According to SoSoValue, the 21Shares Hyperliquid ETF (THYP) experienced net outflows of $9.7044 million on October 8 (U.S. Eastern Time). The ETF's total assets under management reached $454 million with cumulative net inflows of $336 million.

According to Zhi Tong Finance, Yunfeng Pharmaceutical (01952) announced on October 9 the appointment of Dr. Lakshmi Srinivasan as Senior Vice President and head of Translational Medicine, and Dr. Brandon Coder as Vice President of Translational Science and Early Research. Both executives

According to SoSoValue, the Zcash spot ETF (ZCSH) recorded net outflows of $18.67 million on October 8 (U.S. Eastern Time). As of the report, the ETF's total assets under management stood at $656 million, with cumulative net inflows reaching $182 million since

According to Odaily, Franklin XRP ETF (XRPZ) saw net inflows of $8.17 million on October 8, marking the sole inflow among XRP spot ETFs yesterday. The fund has accumulated $509 million in historical net inflows to