Global TradFi & Macroeconomics

According to sources familiar with the plans, Andy Burnham will assume office on Monday as UK Prime Minister and intends to announce new North Sea oil and natural gas drilling operations, along with bringing Thames Water into public ownership. The policies, which Burnham's team has asked civil

Alphabet shares fell 4% on Thursday following a Bloomberg report that the company has delayed its Gemini 3.5 Pro artificial intelligence model by several months. The delay stems from performance issues, particularly in coding capabilities that fell short of internal expectations, according to

On July 16, the onshore Chinese yuan (CNY) weakened to 6.7711 against the U.S. dollar during early Beijing trading, down 14 pips from Wednesday night close. Trading volume reached 45.22 billion USD.

According to Bloomberg commodity data, CBOT corn futures fell 1.28% to $4.6350 per bushel on Thursday, July 16, as the Bloomberg commodity index declined 0.77% to 31.5539. Other CBOT contracts also posted losses: wheat futures dropped 0.48% to $6.7425/bu, soybean futures fell 0.67% to $11.9375/bu,

CMC Markets is expanding 24-hour trading access to more than 5,000 US-listed shares and exchange-traded funds five days a week across its leveraged trading products and CMC Invest platform. The expansion extends the available US trading day from 6.5 hours to as much as 16 hours and marks a

Bitcoin dropped 1% on Thursday, retreating below its $1.3 trillion market cap after failing to hold the $65,000 level. The cryptocurrency's decline followed a shift in Federal Reserve rate expectations and ongoing geopolitical tensions in the Middle East. Fed policy and geopolitical risks have

According to Jin10, three explosions were heard west of Abbas Port, Iran on July 16, local time.

According to Shanghai Gold Exchange, gold (Au99.99) and silver (Ag99.99) futures fell on the evening session of July 16. Gold T+D closed down 1.09% at 870.1 yuan per gram, while silver T+D declined 2.29% to 13,592 yuan per

Shanghai Futures Exchange commodities fell during overnight trading on July 16. Crude oil futures (September 2026 contract) closed down 0.46% at 514.40 yuan per barrel. Gold futures fell 1.34%, while silver futures

According to Bloomberg News, Chevron plans to sign agreements with Iraq on Friday (July 15) to advance investments in major oil fields and explore building a pipeline to help Iraqi oil bypass the Strait of Hormuz. A company executive stated Thursday that the accords are expected to be non-binding bu

According to Bloomberg Television, GameStop CEO Ryan Cohen dismissed concerns about the decline of physical video game sales, calling this revenue stream 'immaterial' to the company's overall business. Cohen's comments responded to Sony Group's announcement earlier this month that it will halt

Morgan Stanley's ETRADE platform launched spot cryptocurrency trading for Bitcoin, Ether, and Solana through Zero Hash partnership. The pilot began in May before expanding to eligible clients across 8.6 million households holding $1.56 trillion in client assets as of March 31. The service charges a

Morgan Stanley's ETRADE platform has launched spot cryptocurrency trading for eligible clients, enabling them to buy, sell, and hold Bitcoin, Ether, and Solana through a partnership with crypto infrastructure provider Zero Hash. The service is available to ETRADE's 8.6 million households, which

Federal Reserve official Logan indicated that the bank regulatory liquidity system could be further optimized, potentially allowing for a smaller Federal Reserve balance sheet. The comment reflects ongoing discussions within the Fed regarding the efficiency of current liquidity management

According to the U.S. Commerce Department, U.S. retail sales rose 0.2% in June (Thursday), matching economist expectations. Core retail sales, which exclude vehicle purchases, fell 0.2% last month, below the forecast for an unchanged reading. Over the past 12 months, retail sales increased

According to BHP's production report, the mining giant's Western Australian operations achieved record iron ore production of 291.2 million tonnes on a 100% equity basis in FY2026, up 0.4% year-over-year from 290 million tonnes in FY2025. Average realized prices rose 3% to $84.56 per wet tonne in th

Gold prices fell to session lows on Thursday morning after the Philadelphia Federal Reserve's manufacturing business outlook survey for July rose to 41.4, far exceeding the expected reading of 13.0 and June's 10.3. The better-than-expected

According to Kitco News, spot gold prices declined on Thursday morning after the Philadelphia Federal Reserve's July manufacturing business outlook survey jumped to 41.4, far exceeding economist expectations of 13.0 and June's reading of 10.3. Following the 8:30 am ET release, spot gold fell to

According to Yonhapinfomax, on July 16, Abdul Malik al-Houthi, the leader of Yemen's Iran-backed Houthi rebels, warned that all Saudi oil facilities and critical infrastructure would become targets for Houthi missiles and drones if Saudi Arabia continues full-scale military attacks on Yemen. Al-Hout