Global TradFi & Macroeconomics

The Federal Reserve reported on August 18 that US industrial production increased 0.1% in July, marking the second consecutive monthly gain. The increase was driven by higher output from manufacturing and utilities sectors. This follows an identical 0.1% gain in June, with total industrial productio

Kay Herr of JPMorgan suggested the U.S. Federal Reserve should increase interest rates quickly and move past the current phase of uncertainty, according to a Bloomberg Markets report. The effective federal funds rate currently stands between 3.50% and 3.75%, unchanged since July 2026. Herr's

The Strait of Hormuz, through which roughly 20% of global oil trade normally flows, has remained effectively closed since late February 2026. On August 11, President Trump outlined two remaining options regarding Iran's control of the waterway: allow Iran's economy to collapse on its own, or

According to the Federal Reserve, US industrial production edged up 0.1% in July for the second consecutive monthly increase on August 18. The ISM Manufacturing PMI climbed to 55.6, the highest reading since May 2022, signaling sustained expansion in the manufacturing

According to Bloomberg Markets, JPMorgan's Kay Herr urged the U.S. Federal Reserve to increase interest rates quickly on August 18, 2026, amid signs of market dissatisfaction with the Fed's lack of forward guidance. The effective federal funds rate remains unchanged at 3.50%-3.75% since July 2026. M

According to an announcement, China Huaneng Group posted H1 2026 net profit attributable to shareholders of approximately CNY 6.586 billion, down 28.89% year-over-year, while operating revenue reached CNY 106.909 billion, down 4.57% from the same period. The company attributed the profit decline

According to Zhitong Finance, Gaoyangtech (00818) reported interim results for the six months ended June 30, 2026, with revenue of HK$1.126 billion, up 17% year-over-year. Adjusted net profit reached HK$74.21

Caesar Aluminum (KALU) appointed Stephan from Amcor Vet as chief executive officer today. The stock declined over 11.3% to $164.34, approaching the August 3 low of $155.02.

According to Smart Finance, Mingke International (08100) announced an expected net loss of approximately HK$6.5 million for the first half of 2026, compared to a net loss of around HK$6.3 million in the same period of 2025. The company attributed the loss primarily to a goodwill impairment charge o

Heraeus precious metals analysts reported that gold prices remained steady to slightly higher last week, supported by recent US economic data despite reduced optimism around an Iran deal. The analysts noted in their latest update that weak US jobs data, CPI at 3.4%, and PPI at 4.7% came in at or

According to a company announcement, Xinghuo Group Holdings (00055) expects to record a loss of HKD 30-45 million in the first half of 2026, compared to a loss of approximately HKD 22.8 million in the same period of 2025. The board attributed the widened loss to reduced revenue in the

According to precious metals analysts at Heraeus, U.S. economic data released on August 14 is supporting gold prices despite uncertainty over Iran nuclear negotiations. The U.S. CPI came in at 3.4% and PPI at 4.7%, both at or lower than estimates, leading to a 20 basis point reduction in the

Everpure stock reached a fresh intraday record high in early morning trade on Tuesday after TD Cowen analyst Krish Sankar raised the price target to $170 from $100 and maintained a Buy rating. Sankar believes Oracle is the unnamed 'top five hyperscaler' behind Everpure's recently announced design

According to TD Cowen analyst Krish Sankar, Everpure stock hit a record high on Tuesday, August 18, in early morning trade following the firm's decision to raise its price target to $170 from $100 and maintain a 'Buy' rating. Sankar believes the newly announced "top-five hyperscaler" customer

According to Bitget market data, U.S. crypto-linked stocks showed mixed performance over the past 24 hours on August 17-18. Strive (ASST) led gains with a 2.66% increase, followed by MicroStrategy (MSTR) up 0.89%. BitGo (BTGO) saw the steepest decline at 3.37%, with Circle (CRCL) down 2.28%,

According to Baidu's August 18 earnings report, the company's Q2 revenue declined 4% year-over-year to 31.33 billion yuan, missing Wall Street estimates, while net income plummeted 68% to 2.32 billion yuan. Online marketing services revenue fell 19% to 13.1 billion yuan amid weakness in China's

According to MSX.COM data, Fabrinet tumbled over 14% after earnings today, leading a broader selloff in the optical communications sector. Coherent, Credo Technology, and Marvell Technology fell over 7%, 7%, and 6% respectively, while Lumentum and Corning declined over 4%. Fabrinet reported Q4

According to Bank of America, reported by Guru Club on August 18, Nvidia appears undervalued, with its current stock price potentially trading at a discount of up to 50%.

According to Bybit data, the Philadelphia Semiconductor Index fell 5% on August 18. Marvell Technology (MRVL.O) dropped over 7%, while Arm (ARM.O) and Intel (INTC.O) each fell nearly 7%. Micron Technology (MU.O) declined 5.7%, and Nvidia (NVDA.O) shed over 2%.

According to New York Fed data, the Secured Overnight Financing Rate (SOFR) rose to 3.66% on August 17, up from 3.62% the previous trading day. The effective federal funds rate remained flat at 3.63% on the same day.