Global TradFi & Macroeconomics

Bitcoin fell back to around $63,860 on July 17. At the same time, multiple macro events unfolded in parallel: the U.S. military launched airstrikes on several facilities in southern Iran, including Abbas Port, Shaher Airport, and bridges in Hormozgan Province. The Hormozgan provincial government said two people were killed and four were injured. Dallas Fed Chair Lorie Logan (Lorie Logan) delivered remarks in Houston, saying the Fed may need to raise interest rates “moderately.” U.S. military car

On July 17, Chinese commodity futures opened with sharp declines in early trading. Shanghai silver and palladium fell over 3%, platinum and soda ash dropped more than 2%, while cotton and glass declined over 1%. Lithium carbonate rose over 2%, with Shanghai lead and liquefied petroleum gas gaining o

According to Shanghai Gold Exchange, gold T+D declined 1.09% to 870.12 yuan per gram during the early morning session on July 17, while silver T+D fell 2.67% to 13,540 yuan per kilogram.

According to Jin10, the Nikkei 225 Index declined 4.00% today, trading at 64128.45.

According to Gate data, Japanese memory stock Kioxia fell 15.55% intraday and hit the daily limit down on July 17. The Nikkei 225 index expanded declines to over 4% during the session. U.S. storage stocks SanDisk and Western Digital extended losses to over 4% overnight, while Micron Technology fell

According to SK Securities, speaking at the 2026 Maeil Business Capital Markets Grand Forum last month, the semiconductor industry is not reaching peak cycle maturity. The firm cited sustained supply shortages expected through 2027 and continued strong demand, noting that a slowdown in price

According to CoinDesk, on July 16, Alpaca, a US-based crypto brokerage infrastructure company, raised $135 million in an equity round led by Peak XV, with participation from Elefund, BNP Paribas' Opera Tech Ventures, and Unbound. The funding will support infrastructure enabling exchanges and

According to Micron Technology, on July 16, the U.S. memory chipmaker signed Strategic Customer Agreements (SCA) with automotive partners including Hyundai Mobis, Qualcomm, Harman (Samsung subsidiary), Visteon, and Joynext for long-term automotive AI semiconductor component

According to Jin10 Futures, the CFETS-NEX renminbi liquidity sentiment index reported 56 points as of 08:45 on July 17, up 8 points from 16:00 yesterday. Large banks' sentiment index rose to 55 (up 8 points), mid-sized banks to 58 (up 8 points), and non-bank institutions to 53 (up 6 points). An inde

According to the SEC, the U.S. Securities and Exchange Commission formally proposed Regulation E-Delivery on July 17, significantly expanding the authority of issuers, broker-dealers, and investment advisers to

According to TSMC's July 16 earnings briefing, the chipmaker reported second-quarter revenue of US$40.2 billion and net profit of NT$706.6 billion (US$21.9 billion), up 23.4% sequentially, driven by strong AI-related demand. TSMC raised its 2026 revenue growth outlook in US dollar terms to

According to Jin10 data, Chinese stock indices fell on July 16, with Shanghai Composite declining 1.85% to 3,882.41 points, Shenzhen Component dropping 1.97% to 14,488.65 points, and ChiNext Index tumbling 2.95% to 3,692.46 points. China's Science and Technology 50 Index led losses with a 4.02% decl

According to Jin10 Futures, spot gold broke below the 4000 level in early Asian trading on July 17, while spot silver hit a new low. The movements mark continued weakness in both precious metals, with internal and external market prices showing convergence in early trading.

On July 16, SK Hynix ADR plunged 21.5% in two days, closing at $152.31, according to market data. The Philadelphia Semiconductor Index dropped 4.3%, with Micron, Intel, and AMD each declining 5–6%. TSMC reported a 77% increase in second-quarter net profit but its ADR fell 2.3%, suggesting market co

According to Netflix's Q2 earnings disclosure, the streaming company reported revenue of $12.56 billion, up 13.4% year-over-year. The company's advertising business is forecast to generate $3 billion in annual revenue. Despite the strong financial performance, Netflix's stock fell more than 8%

According to Jin10 Futures, as of 8:30 AM Beijing time on July 17, spot platinum fell 0.80% and spot palladium fell 0.42%.

According to South Korea's Financial Services Commission announcement on July 16, memory chip stocks tumbled following new regulatory curbs on single-stock leverage ETFs. The Philadelphia Semiconductor Index fell over 4%, while the Memory Chip Index declined 7%. Individual stocks posted steeper

According to Security Times, Baidu's board authorized the conversion of its Hong Kong listing from secondary to primary status on July 16, with the change expected to take effect this year. The move would give the Chinese search and AI company dual primary listings on Hong Kong Stock Exchange and

According to Odaily, Apple stock closed up 1.76% at $333.26 today, hitting an all-time high. On July 15, Apple Intelligence completed its first generative AI filing in China, with Alibaba's Qwen AI integrated as the primary capability provider. The service will offer text and image understanding, an