Global TradFi & Macroeconomics

According to Hashdex's SEC filing, the Hashdex Nasdaq CME Crypto Index ETF (ticker: NCIQ) completed a trust amendment on July 23, enabling the fund to conduct staking activities on its held crypto assets, with Coinbase Cloud as the initial staking provider. Under the revenue-sharing arrangement, sta

European Central Bank Governing Council member Sleijpen indicated that the ECB could hike rates in September, even without a decline in second-round inflation effects, according to recent remarks.

According to S&P Global, Eurozone private sector activity rose to 51.9 in July, exceeding the consensus forecast of 50.2 and marking the highest level in five months. The composite PMI broke above the 50 threshold—indicating expansion—for the first time since March. Germany's index unexpectedly

According to South Korea's Ministry of Trade, Industry and Energy, on July 24, the government froze the eighth-period maximum petroleum prices at their previous levels: 1,784 won per liter for gasoline, 1,773 won for diesel, and 1,380 won for kerosene. The decision, effective from July 25 for four w

According to AT&T's Q2 2026 earnings report released on its earnings call, the telecom giant beat expectations with more than 1 million net additions of high-speed broadband subscribers in the quarter—the best single-quarter result in company history. Riding dual engines of fiber-optic and 5G

Germany's manufacturing and services sectors showed improvement in July, with key business activity indicators reaching 4-month highs, according to data released by S&P Global on July 24. The manufacturing PMI preliminary reading came in at 52.2, surpassing the 50.0 expansion threshold and marking t

Deriv integrated its proprietary Derived Indices with TradingView, enabling traders to analyze and execute trades on the broker's exclusive synthetic markets directly from the charting platform. The integration provides access to Deriv's 24/7 markets while introducing TradingView users to products a

According to S&P Global, Germany's manufacturing PMI preliminary reading stood at 52.2 on July 24, up from 50.3 in June and marking the highest level in four months. The services sector PMI came in at 49.6, up from 48.6 in the prior month, though still below the 50-point expansion threshold. The

According to Zhitong Finance, on July 24, Northbound capital recorded net selling of HK$1.518 billion, with Shanghai-Hong Kong Stock Connect net selling HK$551 million and Shenzhen-Hong Kong Stock Connect net selling HK$967 million.Alibaba-W (09988) faced the heaviest selling pressure, with net sell

European Central Bank Governing Council member Francois Simkus said in September the ECB will have access to additional inflation data that could inform policy decisions.

The USD-KRW exchange rate fell to 1,466.60 won as of 3:30 PM on July 23 in the Seoul foreign exchange market, down 0.20 won from the previous trading day's close of 1,466.80 won, marking the lowest closing level since May 7. The decline occurred despite overnight oil price rebounds that

According to Yonhapinfomax, the USD-KRW exchange rate fell to 1,466.60 won as of 3:30 p.m. on July 23 in the Seoul market, down 0.20 won from the previous close of 1,466.80 won and marking the lowest level since May 7. The currency declined 7.60 won compared to the New York session close of 1,474.20

According to Nikkei, the Bank of Japan will maintain its key interest rate at the policy meeting scheduled for next week, sources familiar with the matter disclosed.

Korean foreign exchange swap points rose on the 24th, reflecting a market imbalance where dollar supply exceeded won availability. The 1-year FX swap point closed at -12.90 won, up 0.70 won from the opening price, while shorter maturities also gained across the board. The upward movement stemmed fro

According to Yonhap Infomax, on July 24, South Korea's interest rate swap (IRS) rates rose across all maturities. The 1-year IRS rate climbed 3 basis points to 3.5075%, the 5-year rate increased 5.5 basis points to 4.1475%, and the 10-year rate rose 4.5 basis points to 4.2625%. Dealers attributed th

According to Yonhapinfomax, on July 24, South Korea's 1-year FX swap points rose 0.70 won to close at -12.90 won, while 6-month and 3-month tenors gained 0.70 won and 0.40 won respectively. The rally across all tenors reflected tight Korean won supply against ample dollar liquidity, driven by month-

PayPal, Robinhood and Coinbase will report second-quarter results over four days next week, creating a concentrated test of whether stablecoins, prediction markets and crypto services have become material earnings drivers. PayPal is scheduled to report on July 28, followed by Robinhood on July 29 an

Renewable energy exchange-traded funds (ETFs) in South Korea surged over a one-week period from July 17 to July 24, with the PLUS Solar&ESS ETF climbing 20.65%, driven by escalating military tensions in the Middle East. Brent crude oil exceeded $100 per barrel on July 23 (local time) for the first t

Korean retail investors purchased over $613 million in SK Hynix American Depositary Receipts (ADR) on the New York Stock Exchange from listing through the 23rd, prompting criticism from global finance experts. Owen Lamont, Senior Vice President at Acadian Asset Management,

PayPal, Robinhood and Coinbase will report second-quarter earnings over four consecutive days next week—July 28, 29 and 30 respectively—in a concentrated test of whether stablecoins, prediction markets and crypto services have become material earnings drivers. PayPal's call will focus on whether