Global TradFi & Macroeconomics

According to CryptoSlate, Nasdaq-listed AIxCrypto Holdings announced on August 20 an ordered liquidation of its cryptocurrency holdings as of June 30. The company held 46 BTC, 616 ETH, 6,659 SOL, 1,308 BNB, and smaller positions in ADA, LINK, TRX, USDT, and XRP, with a cost

China's five-year loan prime rate (LPR) remained at 3.5% in August, unchanged from the previous month's rate. The central bank maintained the benchmark lending rate amid ongoing economic conditions.

According to Nick Timiraos, the U.S. Treasury announced it will increase the maximum repurchase limit for long-term nominal coupon-bearing Treasury securities from $2 billion to at least $4 billion, effective September 9. Timiraos noted the timing is noteworthy: the announcement came roughly two

According to Bloomberg, Goldman Sachs is gauging investor demand for approximately $1.15 billion in junk bonds to fund the Digital Drive data center in Virginia, to be leased by CoreWeave, with issuance expected in September. CoreWeave, rated as speculative-grade credit, faces higher financing

On August 20, Bitcoin surged from around $64,100 to approximately $69,500, while Ethereum rose more than 9% to break above $2,100 for the first time since June. On August 19, the U.S. Treasury announced that it would raise the maximum size per operation of liquidity-supporting buybacks for 10–20-year and 20–30-year U.S. Treasuries from $2 billion to at least $4 billion. Policy Details of the U.S. Treasury’s Expanded Treasury Buybacks The specific policy announced by the U.S. Treasury is to raise

UBS strategists assessed short- and medium-term quality government bonds as attractive investments amid a global bond selloff that pushed long-term yields to multi-year highs. The assessment came as US 30-year Treasury yields approached their highest levels since 2007, Japan's 10-year yields

According to Jin10 Futures, crude oil prices continued to rise on August 20, driving fuel oil markets higher with a bullish sentiment. Refineries held back supplies at lower prices while pushing up asking prices, while downstream

According to Jin10 Futures, as of 8:45 today, CNEX money market sentiment index stood at 49, up 1 point from yesterday 4 p.m. Large banks, mid-sized banks, and non-bank financial institutions reported sentiment indices of 48, 50, and 48, respectively, each rising 1 point.

According to Jin10 Futures, on August 20, South China LPG market remained steady with upside potential driven by firmer international oil prices and reduced dock-to-vessel shipment plans. Refineries held prices steady while port traders executed multiple upside transactions. International oil prices

According to Hana Securities, on August 20, the brokerage maintained Naver's target price at 400,000 Korean won and designated the current price as a "zone of conviction to buy," with potential for further upside as the Neocloud business scales. Analyst Lee Jun-ho stated that Nvidia is directly

According to BlockBeats, on August 20, Goldman Sachs is testing investor demand for a $1.15 billion junk bond issuance to finance a data center leased to AI cloud computing company CoreWeave. The project, developed by PowerHouse Data Centers and Chirisa Technology Parks, is located near Richmond,

The KOSPI opened 3.23% higher at 6680.34 on May 20, rebounding from the previous day's decline as bargain hunting emerged alongside easing US Treasury yields. SK Hynix led gains with over 6% rise on shareholder return expectations, while Moderna's 170% surge in US trading improved sentiment for

According to ChainCatcher, Marvell Technology issued warrants to Google on July 29, granting the search giant the right to purchase approximately 58.97 million shares of Marvell common stock at $206.58 per share, with a total exercise value of $12.2 billion. The warrant issuance was part of an

According to Jin10 Futures, spot platinum fell 0.12% while spot palladium rose 0.23% in the early session as of 8:30 AM Beijing time on August 20.

According to the Financial Investment Association, South Korea's 30-year and 50-year government bond yields reached record highs of 4.751% and 4.661%, respectively, on August 18, driven by domestic fiscal expansion and global long-term bond rate surges. Analysts noted that if next month's budget

Meritz Securities recently completed the acquisition of Chaeun Package, a cosmetics packaging solutions company, through a 44 billion won buyout deal in partnership with private equity firm Hosan Investment. The securities firm acquired a 70% stake in Chaeun Package, with the founding shareholders p

According to ARK Invest official trading disclosure, on August 19, the fund family rebalanced its ETF holdings, increasing positions in artificial intelligence and cloud computing while trimming exposure to gaming and genomics sectors. ARKK, ARKW, and ARKQ simultaneously increased holdings in

According to Jin10, South Korea's KOSPI index (the nation's benchmark equity index) extended intraday gains to 4.00%, rising to 6732.17 points today.

According to Odaily, Hudson River Trading (HRT) reported record second-quarter trading revenue of $11.4 billion, up more than 3-fold year-over-year. Net profit reached $7.4 billion, with adjusted EBITDA at $8 billion, compared to $1.75 billion in the same period last year. HRT remained profitable

According to Odaily, Fisher Investments drove record inflows of $4 billion into BlackRock's exchange-traded fund investing in U.S. Treasury bonds with 20-year or longer maturities earlier this month, betting long-term bonds will gain as yields approach 20-year highs. Simultaneously, BlackRock's