Global TradFi & Macroeconomics

According to Bloomberg, AMD completed its largest-ever dollar-denominated corporate bond offering, raising $4.75 billion on August 13. The company issued investment-grade debt in four tranches with maturities ranging from three to ten years, priced at a spread of 90 basis points above U.S.

Bitcoin (BTC) remains weak, trading at around $63,520 as of Aug. 14. USDT stablecoin issuer Tether completed its first comprehensive independent financial audit, with KPMG issuing an unqualified opinion. Trump family crypto project WLFI has postponed its Maldives resort token issuance plan. Macro Events & Crypto Highlights According to The Block, stablecoin issuer Tether said Thursday that it had completed its first full independent audit of its financial statements, with KPMG US issuing an “unq

According to Jin10, China's central bank conducted no new reverse repurchase operations today (August 14), but achieved a net withdrawal of 1.001 trillion yuan as 10 billion yuan in 7-day reverse repos and 1 trillion yuan in outright reverse repos matured. For the week, the central bank conducted 18

According to ChainCatcher, on Hong Kong market opening today, the Hang Seng Index fell 0.7%, while the Technology Index dropped 0.6%. SMIC rose 4.74% after earnings, with the chipmaker guiding Q3 revenue to grow 2% to 4% quarter-over-quarter and gross margin at 26%-28%.

China's central bank halted 7-day reverse repo operations for four consecutive days through August 13. The zero-operation stance suggests adequate liquidity in the interbank market.

According to the People's Bank of China, the volume of 7-day reverse repurchase operations was zero on August 14, 2026, based on demand from primary dealers in the open market.

Today’s Summary: The S&P 500 hit a new all-time high as PPI cooled, but the bond market was unimpressed—$25 billion in 30-year Treasuries was auctioned at a 5.216% yield, the highest financing cost since 2001. AI hardware capital shifted from optical modules to memory, with SanDisk’s long-term contracts supporting an 80% gross margin and igniting the sector. Silver Lake is in talks to acquire Workday, as private equity begins picking up “AI-discounted” software. Three threads point to the same a

According to Jin10 Futures, on August 14, Shanghai silver futures fell by nearly 3% and Shanghai gold futures dropped over 2% during morning trading, as U.S. July PPI came in below market expectations, further cooling Federal Reserve rate hike bets. Middle East tensions remained volatile, and

The Korean government upgraded its economic assessment on August 14, stating that the recovery trend is strengthening as exports surged and domestic demand improved, according to the Ministry of Economy and Finance's August Green Book report. June data showed industrial production rose 2.3% month-ov

Twelve Kakao Bank executives purchased 21,100 shares from June through August 12, totaling 446.83 million won. The South Korean internet-only bank disclosed the transactions via the Financial Supervisory Service's DART system on August 14. Company officials stated the purchases demonstrate

According to BlockBeats, on August 14, Bitwise announced a partnership with fintech company Superstate to explore tokenizing select fund shares on blockchain, with Bitwise Solana Staking ETF (BSOL) expected to be the first fund offering this option. Under the joint development plan, tokenization

On August 14, the Chinese yuan strengthened against the U.S. dollar, with the USD/CNY midpoint rate setting at 6.7878, down 10 basis points, according to the interbank foreign exchange market. Other major currency pairs against the yuan recorded the following movements: EUR/CNY at 7.8017 (up 3

According to South Korea's Ministry of Economy and Finance on August 14, the country's economic recovery strengthened in recent months. June production, consumption, and investment all increased simultaneously, while July exports surged 62.8% year-over-year driven by semiconductors, computers, and s

Korean securities firms showed divergent investment banking (IB) performance in the first half, according to financial industry data released on the 13th. While rising interest rates and dual listing regulations contracted the traditional IB market, firms that expanded revenue sources through

SpaceX CEO Elon Musk disclosed beneficial ownership of 6.42 billion shares representing 48.4% of SpaceX as of June 30, a stake worth more than $900 billion, according to a filing on Thursday. Musk clarified that a significant portion of his shares will vest only if SpaceX delivers extraordinary

According to a regulatory filing released Thursday, Elon Musk disclosed beneficial ownership of 6.42 billion SpaceX shares overnight, representing 48.4% of the company on an as-converted basis. His stake, valued at more than $900 billion, includes Class A and Class B shares held through trusts and d

Shanghai Gold futures main contract fell 2.00% intraday on August 14, trading at 940.10 yuan per gram.

China Mobile released its interim results for the first half of 2026, reporting a profit attributable to shareholders of 78.934 billion yuan, down 6.29% compared to the same period last year.

US stock index futures traded near flat during Asian hours on August 14 morning, following the S&P500's record closing high the previous session. The S&P500 futures rose 0.02% to 7,823.75 while Nasdaq100 futures slipped 0.03% to 30,179.75 as of 9:40 AM Korean time, according to Yonhap Infomax future

According to Yonhapinfomax, the S&P 500 index hit an all-time high overnight on August 14, with E-mini S&P 500 futures trading up 0.02% at 7,823.75 in Asian morning session. E-mini Nasdaq-100 futures fell 0.03% to 30,179.75. Strong corporate earnings are underpinning the market rally. Over 90% of S