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7/27
04:41
Jefferies has upgraded General Motors (GM) to a 'Buy' rating and increased its price target for the stock to $99, up from $90. The firm anticipates GM will strengthen its U.S. market position by 2027, projecting over $10 billion in free cash flow driven by new truck launches, efficiency improvements, and digital services. Jefferies also foresees potential for additional share buybacks and has raised its earnings forecasts for GM for the 2026–2028 period.
04:37
Bybit has listed the CXMTUSDT perpetual contract, offering up to 10x leverage.
04:37
The Hong Kong Securities and Futures Commission (SFC) has reprimanded and fined China Industrial Securities International Asset Management Limited $6.8 million. The penalty was imposed due to the firm's failure to properly identify and address red flags in dubious arrangements and other deficiencies in its management of a private fund.
04:34
US-listed chip stocks surged in premarket trading, with companies like SNDK, WDC, MU, INTC, AMD, AVGO, and NVDA experiencing gains between 1.2% and 4.1%. The SOXX ETF, which tracks the semiconductor industry, also climbed 2.8%.
04:31
Renowned economist Peter Schiff pointed out that the correlation between gold and oil prices is reversing, signaling a buying opportunity for gold and mining stocks as well as a bottoming-out signal. He observed that this week, against the backdrop of rising U.S. Treasury yields and oil prices, gold prices bucked the trend to rise by about 1%, while silver rose by 2.4%. Although gold and silver have still declined year-to-date, Schiff believes this presents an excellent buying opportunity.

Schiff emphasized that since the outbreak of the conflict, gold and oil prices have been moving in opposite directions, but he believes this correlation is shifting and that they will move in tandem again in the future. Furthermore, this week the gold mining ETF (GDX) surged 5.6% and the small-cap gold mining ETF (GDXJ) jumped 5.8%—gains more than five times those of gold itself—which he believes indicates the market is nearing a bottom.

Schiff also warned that U.S. employment data—such as the drop in initial jobless claims to 187,000—is severely distorted by factors like the gig economy, and that the new tariff policies are effectively “hidden domestic tax hikes” that are pushing the U.S. toward “a situation worse than a recession.”
04:26
The Securities and Futures Commission (SFC) has reprimanded and fined Bright Smart Securities International (H.K.) Limited $2.8 million for internal control failures in monitoring suspicious trades.
04:15
A pause in Mideast fighting has led to a decline in oil prices and a rise in stock futures. Brent crude, a global oil benchmark, has fallen back below $90 a barrel.
04:10
Bybit has announced an adjustment to the risk limits for selected perpetual contracts, effective July 27, 2026.
04:02
Iran stated it will not allow the United States to dictate the timing or duration of any conflict, asserting its right to respond whenever its interests require. Tehran also reiterated that the Strait of Hormuz remains closed and emphasized that its ongoing discussions with Oman are bilateral, unrelated to Washington.
03:37
The U.S. Treasury market is sending a clear signal to Federal Reserve Chair Wash that strong anti-inflation rhetoric alone is not enough to reassure investors, as the market strongly anticipates interest rate hikes. Driven by the brief surge in oil prices above $100 per barrel following the U.S.-Iran military conflict in July, the U.S. Treasury market has seen a massive sell-off.

The yield on the benchmark 10-year Treasury note has risen by more than 30 basis points since late June to around 4.678%, approaching a nearly decade-high.The yield on the 2-year Treasury note—which is most sensitive to monetary policy—has also climbed to about 4.328%, surpassing the Fed’s current 3.75% interest rate cap, reflecting strong market expectations for an interest rate hike.The CME FedWatch Tool shows that the market estimates a 62% probability that the Federal Reserve will keep interest rates unchanged at this meeting, but the probability of a rate hike has surged from about 13% a week ago to about 38%.

In addition, the tech sector’s large-scale issuance of corporate bonds to support artificial intelligence infrastructure has also intensified pressure on the bond market.Expectations of high interest rates are also weighing on the stock market. Last week, semiconductor stocks led the declines, with the Philadelphia Semiconductor Index falling more than 4% for the week, and the Nasdaq’s Composite Index dropping 2.1%, marking a 7.8% decline from its early June high.
02:58
Experts warn that crypto's slow governance, rather than its underlying cryptography, may be the biggest obstacle to defending against future quantum computing attacks, especially as estimates for "Q-Day" (the point at which quantum computers could break current encryption) are moving closer.
02:43
The largest bank in South Korea plans to launch a blockchain-based cross-border corporate payments service next month, according to Yonhap.
02:33
Bitcoin has risen back above $65,000, with Ethereum outperforming it, potentially signaling an altcoin rally. This market movement follows reports of the U.S. and Iran holding fire, which saw oil prices drop by 5%.
02:20
The UK Financial Conduct Authority (FCA) has charged solicitor Richard Bloomfield with 5 counts of insider dealing. The FCA alleges that Bloomfield, while working on an acquisition of Seraphine Group PLC, used inside information obtained through his role at a law firm to deal in Seraphine Group PLC securities on five occasions between March 28, 2022, and January 10, 2023.
02:20
The UK Financial Conduct Authority (FCA) announced its achievements in the first year of its 5-year strategy, detailed in its Annual Report and Accounts. The regulator led an international crackdown on illegal finfluencer promotions, resulting in 3 arrests and 650 social media takedown requests. Additionally, the FCA secured a combined 11 years in prison for two insider dealing cases.

The FCA estimates these efforts have delivered £5.6 billion in benefits to consumers, firms, and the wider economy. Key consumer protection initiatives include the launch of Firm Checker, a tool used over 1.9 million times since January 2025 to help consumers verify authorized firms, and new rules for Buy Now Pay Later products set to take effect in July 2026.
02:19
The UK Financial Conduct Authority (FCA) and police have arrested four individuals and executed search warrants in Hackney, Beckenham, and Slough as part of an ongoing investigation into alleged fraud and money laundering. The suspects were interviewed under caution by the FCA and subsequently released on bail.
02:00
Stock futures rose and oil prices dropped on Monday, driven by an easing of geopolitical tensions involving Iran.
01:58
US-listed Bitcoin exchange-traded funds (ETFs) experienced heavy outflows late last week, ending their recent streak of inflows. This development highlights the fragility of Bitcoin's recent recovery, as concerns about Federal Reserve interest rates continue to mount.
01:56
European officials are now seeking ways to curb the use of veto tactics in negotiations, after a specific carve-out for Greek shipping was secured during discussions on Russia sanctions.
01:53
South Korean internet giant NAVER announced on July 27 that NVIDIA had acquired a 4.5% stake in NAVER through a third-party private placement worth $1 billion (approximately 1.48 trillion won), becoming its third-largest shareholder. This move marks the first time NVIDIA has entered a local internet platform in Asia’s core AI market as a strategic shareholder.At the same time, NAVER signed a preliminary agreement with global asset management firm BoFeng for up to $9 billion in funding for its “AI Factory” to expand its data center in Sejong City. BoFeng serves as the operator of NVIDIA’s “Global AI Infrastructure Initiative.”

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