Global TradFi & Macroeconomics

According to the People's Bank of China, the central bank conducted zero 7-day reverse repurchase operations on August 12, 2026, reflecting no demand from primary dealers for the liquidity facility.

Nvidia's 5-year credit default swap (CDS) spread has widened to around 79.8 basis points, more than double its late-May level. Recent market data showed the spread approaching 82 bps, its highest level since the company's CDS began trading in late 2025.

The U.S. Strategic Petroleum Reserve (SPR) fell by 6.1 million barrels last week to 298.7 million barrels, marking its lowest level since January 1983.

David Rosenberg of Rosenberg Research stated in a podcast that AI investment is diverting capital from other US corporate expenditures. Business Insider reported on the 11th (local time) that approximately 50% of total corporate investment now flows to AI-related areas, growing at 18% annually in re

On August 12, the interbank foreign exchange market reported the RMB central parity rate against the U.S. dollar at 6.7882, appreciating 18 points. The euro/RMB rate was 7.8095, down 58 points, while the British pound/RMB rate stood at 9.1407, down 49 points. The Swiss franc/RMB rate was 8.3461,

KT announced on August 12 that its Q2 2025 operating profit declined 36.1% year-over-year to 648.3 billion won, beating market expectations of 560.5 billion won despite the drop. The telecom operator attributed the year-over-year decline to its customer compensation program following last year's

General Motors has established a $4.5 billion supply chain protection plan to safeguard critical auto parts from disruptions caused by extreme weather, natural disasters, and cyberattacks, according to an announcement on the company's official

Spot gold climbed to $4,390 per ounce with a 0.50% intraday gain on August 12, while NYMEX gold futures rose to $4,450 per ounce, also up 0.50% for the day.

Babcock & Wilcox Enterprises (BW) shares rose 3.5% Tuesday and continued climbing about 0.33% overnight after announcing an agreement with Siemens Energy to begin work on 20 steam turbine generator sets totaling 1 GW of capacity for its FastPower program targeting data center projects. The agreement

Babcock & Wilcox Enterprises (BW) shares climbed 3.5% on Tuesday overnight after the company announced an agreement with Siemens Energy to supply 20 steam turbine generator sets totaling 1 GW of capacity for its FastPower program targeting data center projects. The agreement positions BW to

WTI crude oil futures rose 0.93% intraday to break above $84 per barrel on August 12.

Global institutional investors are increasing their focus on Korean stocks despite recent market volatility, according to Korea Exchange data released on the 12th. Major funds including Abu Dhabi Investment Authority (ADIA) and family offices linked to Silicon Valley executives have initiated invest

According to Jin10 Futures, yesterday (August 11), Mongolia's coking coal market surged, with prices across varieties rising significantly. The rally was driven by concerns over fuel shortages in Mongolia, which may impact future mine production and transport operations, pushing up shipping costs an

Taiwan's overnight interbank rate held steady at 0.805% at the start of trading today (August 12).

Bitcoin traded around $63,700 on August 12, remaining trapped in the $62,000–$66,000 sideways range for more than five weeks. Wincent executive Paul Howard noted that steady ETF inflows are being offset by over-the-counter selling from miners and Strategy (MSTR), while cryptocurrency trading volume has fallen to its lowest level in three years. Bitcoin Trapped in the $62,000–$66,000 Range (Source: SoSoValue) According to analysis by Paul Howard of Wincent, Bitcoin’s recent price action is being

According to a Twitter post, Kolmar Korea recorded its highest quarterly earnings in company history during the second quarter of 2026.

Lotte Engineering & Construction is returning to the public bond market after a 1 year 1 month absence, planning to raise up to 100 billion won through a demand forecast scheduled for the 19th. The company aims to refinance upcoming debt maturities of 70 billion won in September and 118 billion won

Korean stocks surged on the morning of the 12th, with the KOSPI index rising 2.44% to 6500.29 at 9:27 AM, breaking the 6500 level. The rally was driven by strong buying from foreign investors (274.4 billion won net purchase) and institutional investors (12.7 billion won net purchase), while

According to Jin10 Futures, on August 12, China's fuel oil market was supported by continuous crude oil gains and improving market sentiment. However, downstream buyers remained cautious due to elevated costs, resulting in slow buying momentum that limited upside gains. The market was expected to tr

According to The Kobeissi Letter on X, a concentration of trading activity in a handful of stocks has emerged in the U.S. market year-to-date. Nvidia is the most actively traded stock, accounting for 3.0% of total market nominal turnover, followed by Micron at 2.8%, Tesla at 2.1%, and SanDisk at 1.5