Global TradFi & Macroeconomics

According to China Yuan Futures research published on July 24, the U.S. military conducted consecutive airstrikes on Iran this week, prompting Tehran to activate air defense systems. Iran's military responded by deploying unmanned drones to strike American forces stationed in Kuwait. The

According to TS Imagine and Trumid, TS Imagine has expanded its integration with fixed income trading platform Trumid in Q2 2026, enabling institutional clients to access automated RFQ workflows, portfolio trading, and cross-protocol execution capabilities including Trumid's Full Self Trading

Nvidia CEO Jensen Huang stated no chip industry bust is expected "for a while" during an interview with Axios co-founder Mike Allen. Huang attributed the sustained boom to industrial infrastructure demand rather than consumer-driven cycles. The chip industry's cyclical history contrasts with

Gate launched stock copy trading on July 24, 2026, becoming the first cryptocurrency exchange to offer this feature across global equity markets. The function, available through the mobile application version 8.29.0 or later, allows investors to replicate trades of experienced portfolio managers in

According to Nvidia CEO Jensen Huang in a recent Axios interview, the current semiconductor boom will not face a downturn "for a while," as the chip shortage is driven by fundamental infrastructure needs rather than consumer demand cycles. Huang argued that the semiconductor industry needs to

Gate introduced stock copy trading on July 24, allowing users to replicate experienced portfolio managers' trading activity across U.S., Hong Kong, and South Korean equities, as well as ETFs. The feature, available via mobile app version 8.29.0 or later, enables fractional share purchases starting a

According to Deutsche Bank, the bank raised its price target for Raytheon Technologies (RTX) to $238 from $228 today (July 24), representing an upside of approximately 4.4%.

According to S&P Global, the UK services sector purchasing managers' index (PMI) came in at a preliminary reading of 51.8 in July, marking the highest level in three months, according to data released on July 24. Services activity reversed course from June's 48.8 reading, moving back into

American Express reported second-quarter earnings per share of $4.53, beating estimates of $4.41. Revenue came in at $19.64 billion, slightly below the expected $19.69 billion. The company raised its full-year revenue growth forecast to 10% from the prior guidance of 9% to 10%. American Express

Major auction houses Sotheby's and Christie's reported nearly $10 billion in combined sales in the first half, marking one of the strongest starts as wealthy buyers gained confidence from soaring stock markets. Sotheby's achieved its best first half ever with $4.4 billion in sales, up 58% from

According to auction houses' reports, Sotheby's and Christie's reported record first-half sales in 2026, with Sotheby's reaching $4.4 billion (up 58% year-over-year) and Christie's reporting $4.5 billion (up 71%), marking their strongest starts to a year. Eight lots sold for more than $50 million in

According to CoinDesk, as Bitcoin prices fell from around $126,000 in October 2025 to approximately $63,000—a decline of roughly 50%—publicly listed cryptocurrency treasury companies began offloading BTC holdings this week to repay debt and fund operations. Satsuma Technology shareholders approved l

According to BlockBeats, Baird on July 24 raised Advanced Micro Devices (AMD) price target to $1,250 from $625 while maintaining an "outperform" rating, a 100% increase driven by strong growth expectations for AMD's AI GPU and AI CPU platforms. In its forecast model, Baird assumes AMD will

XRP trades near $1.11, remaining well below the $2.68 to $2.77 breakout zone as the cup and handle pattern tracked for weeks now faces invalidation. Ripple introduced a dedicated Mint function to streamline RLUSD issuance, targeting minting delays and improving settlement predictability. The stall r

Schlumberger reported second-quarter revenue of $8.97 billion, exceeding the expected $8.69 billion. Adjusted earnings per share came in at 55 cents versus the 51-cent forecast. The company's adjusted EBITDA for the quarter reached $1.9 billion against the anticipated $1.78 billion. The stock

According to MoneyDJ, Hong Kong's Hang Seng Index fell 0.98% to 24,963.23 points on July 24, while the Hang Seng Tech Index declined 1.47% to 4,629.51 points. Despite today's decline, the Hang Seng Index posted weekly gains of 1.63%, extending its fourth consecutive week in the green. The weakness w

According to the China Securities Regulatory Commission on July 24, Taotao Auto obtained approval to issue no more than 13,933,950 shares and list on the Hong Kong Stock Exchange. According to the prospectus, the company ranked first globally in the electric low-speed vehicle industry by revenue in

According to Beating, Zhiyuan Innovation has officially launched its Hong Kong IPO process. The three-year-old general AI robot company previously denied Hong Kong listing rumors twice last year and has now publicly confirmed its

South Korea's five major financial groups—KB, Shinhan, Hana, Woori, and NH Nonghyup—posted combined net profit of 13.1 trillion Korean won in the first half of 2026, marking their highest semi-annual result on record. The gains were driven by rising market

HSBC analysts initiated coverage of Space Exploration Technologies Corp. (SPCX) stock with a Hold rating and a $115 price target, according to TheFly. Shares have fallen approximately 13% from the initial public offering price of $135, trading down 2% in Friday's pre-market session. The firm cited c