7*24

Hot topic

Market

Activities

On July 28, Citi stated that the baseline scenario indicates that, despite the third quarter historically being a peak season for seasonal stocking, India's gold imports are expected to remain sluggish in the third quarter. This is due to ample scrap supply, cautious consumer sentiment, and local price discounts, which have suppressed fresh import demand. Nevertheless, Citi has set its short-term gold price target at $4,500 for the 0 to 3-month period. The bank noted that this target assumes a de-escalation of tensions in the Strait of Hormuz and a shift towards a less hawkish stance by the Federal Reserve. However, there are still numerous short-term risks that could lead to a further decline in gold prices, including significant re-escalation, AI-driven de-risking operations, and the Fed maintaining a hawkish position.

[Citi: Short-term Gold Price Target Set at $4,500]On July 28, Citi stated that the baseline scenario indicates that, despite the third quarter historically being a peak season for seasonal stocking, India's gold imports are expected to remain sluggish in the third quarter. This is due to ample scrap supply, cautious consumer sentiment, and local price discounts, which have suppressed fresh import demand. Nevertheless, Citi has set its short-term gold price target at $4,500 for the 0 to 3-month period. The bank noted that this target assumes a de-escalation of tensions in the Strait of Hormuz and a shift towards a less hawkish stance by the Federal Reserve. However, there are still numerous short-term risks that could lead to a further decline in gold prices, including significant re-escalation, AI-driven de-risking operations, and the Fed maintaining a hawkish position.

Citi: Short-term Gold Price Target Set at $4,500

On July 28, the financing boom driven by artificial intelligence infrastructure is facing stricter scrutiny from the bond market. Data from the London Stock Exchange Group shows that the credit default swaps (CDS) related to Oracle, SpaceX, Alphabet, Amazon, Meta, Broadcom, and Nvidia have recently risen to record highs, indicating that investors are beginning to demand higher risk compensation. Credit default swaps, or CDS, are akin to purchasing insurance for corporate debt. A higher spread typically means that the market perceives greater risk in holding the related bonds. Oracle is under the most pressure, with its five-year CDS rising to 215 basis points on Monday, significantly up from 144 basis points at the beginning of the year. At this quote, the cost of providing one year of protection for $10 million of Oracle debt is approximately $215,000. Nvidia's five-year CDS peaked at around 82 basis points on Monday, marking the largest intraday increase since the related contracts began active trading last November. According to ICE Data Services, this means that purchasing five-year default protection for $10 million of Nvidia debt would require an annual payment of about $82,000. Alphabet's five-year CDS reached a historical high of 67 basis points on Monday. However, Alphabet's CDS will not start trading until November 2025, so the historical comparison for this 'record high' is relatively short. The credit market's concern is not about a sudden drop in AI demand, but rather a mismatch between investment scale, return cycles, and financing speed. Standard & Poor's estimates that capital expenditures for Alphabet, Amazon, Meta, Microsoft, and Oracle could total $737 billion by 2026, significantly higher than $261 billion in 2024.

[AI Giants Nvidia, Oracle, Alphabet See CDS Rise to Record Highs]On July 28, the financing boom driven by artificial intelligence infrastructure is facing stricter scrutiny from the bond market. Data from the London Stock Exchange Group shows that the credit default swaps (CDS) related to Oracle, SpaceX, Alphabet, Amazon, Meta, Broadcom, and Nvidia have recently risen to record highs, indicating that investors are beginning to demand higher risk compensation. Credit default swaps, or CDS, are akin to purchasing insurance for corporate debt. A higher spread typically means that the market perceives greater risk in holding the related bonds. Oracle is under the most pressure, with its five-year CDS rising to 215 basis points on Monday, significantly up from 144 basis points at the beginning of the year. At this quote, the cost of providing one year of protection for $10 million of Oracle debt is approximately $215,000. Nvidia's five-year CDS peaked at around 82 basis points on Monday, marking the largest intraday increase since the related contracts began active trading last November. According to ICE Data Services, this means that purchasing five-year default protection for $10 million of Nvidia debt would require an annual payment of about $82,000. Alphabet's five-year CDS reached a historical high of 67 basis points on Monday. However, Alphabet's CDS will not start trading until November 2025, so the historical comparison for this 'record high' is relatively short. The credit market's concern is not about a sudden drop in AI demand, but rather a mismatch between investment scale, return cycles, and financing speed. Standard & Poor's estimates that capital expenditures for Alphabet, Amazon, Meta, Microsoft, and Oracle could total $737 billion by 2026, significantly higher than $261 billion in 2024.

AI Giants Nvidia, Oracle, Alphabet See CDS Rise to Record Highs

On July 28, according to the Financial Times, Nvidia is involved in a $50 billion leasing agreement for a data center in Texas, which will utilize Nvidia chips.

[Texas Data Center to Use Nvidia Chips]On July 28, according to the Financial Times, Nvidia is involved in a $50 billion leasing agreement for a data center in Texas, which will utilize Nvidia chips.

Texas Data Center to Use Nvidia Chips

On July 28, according to data from Farside Investors, the total net outflow from U.S. spot Bitcoin ETFs yesterday was $11.6 million. Among these, BlackRock's IBIT saw a net outflow of $8.8 million, and Fidelity's FBTC had a net outflow of $2.8 million; other Bitcoin ETFs had zero capital flow for the day. In contrast, the total net inflow for Ethereum spot ETFs yesterday was $11.7 million. Notably, BlackRock's ETHA recorded a net inflow of $11.7 million, while other Ethereum ETFs also had zero capital flow for the day.

[Bitcoin Spot ETF Sees $11.6 Million Outflow, Ethereum Spot ETF Sees $11.7 Million Inflow]On July 28, according to data from Farside Investors, the total net outflow from U.S. spot Bitcoin ETFs yesterday was $11.6 million. Among these, BlackRock's IBIT saw a net outflow of $8.8 million, and Fidelity's FBTC had a net outflow of $2.8 million; other Bitcoin ETFs had zero capital flow for the day. In contrast, the total net inflow for Ethereum spot ETFs yesterday was $11.7 million. Notably, BlackRock's ETHA recorded a net inflow of $11.7 million, while other Ethereum ETFs also had zero capital flow for the day.

Bitcoin Spot ETF Sees $11.6 Million Outflow, Ethereum Spot ETF Sees $11.7 Million Inflow

On July 28, Asian stock markets plummeted significantly due to an intensified sell-off in chip stocks, with regional benchmark indices heading towards a technical correction. The MSCI Asia-Pacific Index fell by as much as 3.5%, marking a cumulative decline of over 10% from its peak on June 22. Shares of South Korea's Samsung Electronics and SK Hynix dropped sharply, dragging the KOSPI index down by more than 10% during trading. Concerns over overcrowded positions in chip stocks led to a global sell-off in the semiconductor sector on Tuesday, with investors questioning the sustainability of the AI-driven rally. Nvidia is pushing forward with a new round of AI-related deals valued at over $750 billion, a move that has sparked skepticism—critics warn that this is artificially inflating market demand and valuations across the industry. 'For AI-related semiconductor stocks, market sentiment has shifted from greed to fear,' said Vey-Sern Ling, managing director at Credit Suisse. 'Investors are now inclined to interpret various news negatively and use it as a reason to sell, rather than deeply analyzing its true impact on fundamentals.'

[Asian Stock Markets Drop 10% from June Highs, Entering Correction Phase]On July 28, Asian stock markets plummeted significantly due to an intensified sell-off in chip stocks, with regional benchmark indices heading towards a technical correction. The MSCI Asia-Pacific Index fell by as much as 3.5%, marking a cumulative decline of over 10% from its peak on June 22. Shares of South Korea's Samsung Electronics and SK Hynix dropped sharply, dragging the KOSPI index down by more than 10% during trading. Concerns over overcrowded positions in chip stocks led to a global sell-off in the semiconductor sector on Tuesday, with investors questioning the sustainability of the AI-driven rally. Nvidia is pushing forward with a new round of AI-related deals valued at over $750 billion, a move that has sparked skepticism—critics warn that this is artificially inflating market demand and valuations across the industry. 'For AI-related semiconductor stocks, market sentiment has shifted from greed to fear,' said Vey-Sern Ling, managing director at Credit Suisse. 'Investors are now inclined to interpret various news negatively and use it as a reason to sell, rather than deeply analyzing its true impact on fundamentals.'

Asian Stock Markets Drop 10% from June Highs, Entering Correction Phase

According to monitoring by Beating, Claude's sharing feature has a privacy vulnerability. After users generate public links, some conversations and artifacts are indexed by Google and Bing, allowing strangers to find them through search. Exposed content includes cryptocurrency wallet information, access keys, resumes, company documents, as well as personal details like names and addresses. Additionally, users have made legal consultations, political leanings, and private conversations public on the sharing page. These conversations were originally set to be accessible to anyone with the link, but the links were randomly generated, leading many users to believe that only the recipient could see them. Claude only prevents crawlers in the robots.txt file and did not add a noindex tag to the pages, meaning search engines may still index the links. Currently, related results have largely disappeared from Google, but Bing still shows about 600 entries. Anthropic has not clarified whether a complete fix has been implemented. Users can go to 'Settings > Privacy > Shared Conversations' to revoke links.

[Claude's Shared Conversations Indexed by Search Engines, Sensitive Information Exposed]According to monitoring by Beating, Claude's sharing feature has a privacy vulnerability. After users generate public links, some conversations and artifacts are indexed by Google and Bing, allowing strangers to find them through search. Exposed content includes cryptocurrency wallet information, access keys, resumes, company documents, as well as personal details like names and addresses. Additionally, users have made legal consultations, political leanings, and private conversations public on the sharing page. These conversations were originally set to be accessible to anyone with the link, but the links were randomly generated, leading many users to believe that only the recipient could see them. Claude only prevents crawlers in the robots.txt file and did not add a noindex tag to the pages, meaning search engines may still index the links. Currently, related results have largely disappeared from Google, but Bing still shows about 600 entries. Anthropic has not clarified whether a complete fix has been implemented. Users can go to 'Settings > Privacy > Shared Conversations' to revoke links.

Claude's Shared Conversations Indexed by Search Engines, Sensitive Information Exposed

On July 28, Citi stated that the baseline scenario indicates that, despite the third quarter historically being a peak season for seasonal stockpiling, India's gold imports will remain sluggish in the third quarter. This is due to ample scrap supply, cautious consumer sentiment, and local price discounts, which suppress fresh import demand. However, Citi has set a short-term gold price target of $4,500 for the next 0 to 3 months. The bank noted that this target assumes a de-escalation of tensions in the Strait of Hormuz and a less hawkish stance from the Federal Reserve. There are still numerous risks in the short term that could lead to a further decline in gold prices, including significant re-escalation, AI-driven de-risking operations, and the Fed's continued hawkish position. (Jin Shi)

[Citi: Short-term Gold Price Target Set at $4,500]On July 28, Citi stated that the baseline scenario indicates that, despite the third quarter historically being a peak season for seasonal stockpiling, India's gold imports will remain sluggish in the third quarter. This is due to ample scrap supply, cautious consumer sentiment, and local price discounts, which suppress fresh import demand. However, Citi has set a short-term gold price target of $4,500 for the next 0 to 3 months. The bank noted that this target assumes a de-escalation of tensions in the Strait of Hormuz and a less hawkish stance from the Federal Reserve. There are still numerous risks in the short term that could lead to a further decline in gold prices, including significant re-escalation, AI-driven de-risking operations, and the Fed's continued hawkish position. (Jin Shi)

On July 28, according to Yonhap News Agency, data released by the Bank of Korea on Tuesday showed that due to rising market interest rates, bank mortgage rates for households have increased for the second consecutive month, reaching the highest level in two years and seven months. The data indicated that the average interest rate for new loans from Korean banks was 4.31% last month, up 0.12 percentage points from the previous month. The average interest rate for corporate loans rose by 0.14 percentage points to 4.27%, while the interest rate for new household loans increased by 0.04 percentage points to 4.5%. In June, the average mortgage rate for households rose by 0.04 percentage points to 4.36%, marking the highest level since November 2023. The average interest rate for non-collateral household loans was 5.72%, up 0.23 percentage points from the previous month. The Bank of Korea stated that retail loan rates have continued to rise in recent months due to increasing market interest rates. Earlier this month, the Bank of Korea implemented its first interest rate hike in three and a half years.

[South Korea's Mortgage Rates Reach Highest Level in Over Two and a Half Years]On July 28, according to Yonhap News Agency, data released by the Bank of Korea on Tuesday showed that due to rising market interest rates, bank mortgage rates for households have increased for the second consecutive month, reaching the highest level in two years and seven months. The data indicated that the average interest rate for new loans from Korean banks was 4.31% last month, up 0.12 percentage points from the previous month. The average interest rate for corporate loans rose by 0.14 percentage points to 4.27%, while the interest rate for new household loans increased by 0.04 percentage points to 4.5%. In June, the average mortgage rate for households rose by 0.04 percentage points to 4.36%, marking the highest level since November 2023. The average interest rate for non-collateral household loans was 5.72%, up 0.23 percentage points from the previous month. The Bank of Korea stated that retail loan rates have continued to rise in recent months due to increasing market interest rates. Earlier this month, the Bank of Korea implemented its first interest rate hike in three and a half years.

South Korea's Mortgage Rates Reach Highest Level in Over Two and a Half Years

On July 28, the South Korean semiconductor sector experienced a significant decline. The Southern Double Long SK Hynix ETF (07709) fell by 27.08% during trading, closing at HKD 39.740; the Southern Double Long Samsung Electronics ETF (07747) dropped by 23.66%, closing at HKD 63.680.

[Southern Double Long ETFs for SK Hynix and Samsung Electronics Drop Over 20% in One Day]On July 28, the South Korean semiconductor sector experienced a significant decline. The Southern Double Long SK Hynix ETF (07709) fell by 27.08% during trading, closing at HKD 39.740; the Southern Double Long Samsung Electronics ETF (07747) dropped by 23.66%, closing at HKD 63.680.

Southern Double Long ETFs for SK Hynix and Samsung Electronics Drop Over 20% in One Day

Scott Stuart, the co-founder and CEO of Kava Labs, tweet that if Ethermint goes not-free to use, Kava will just build and maintain an EVM compatibility module which is free to use forever.

Detail

【Kava Labs CEO: if Evmos cannot be free, Kava will build and maintain an free EVM compatibility module 】Scott Stuart, the co-founder and CEO of Kava Labs, tweet that if Ethermint goes not-free to use, Kava will just build and maintain an EVM compatibility module which is free to use forever.

Kava Labs CEO: if Evmos cannot be free, Kava will build and maintain an free EVM compatibility module 

Claude's Major New Feature: Screen Recording + Voice, Distilling Your Skills into AI Tasks in One Click

Gate Research Institute: The 'Wall Street-ization' Wave of Crypto Financial Products – Competition or Integration?

BIT Trading Moment: BTC Still Suppressed by Weekly 200 EMA, Rejection May Restart Decline; Storage and Semiconductors that Surged Last Night Begin Falling in Evening Trading

BUILDon loses 15% as Futures activity cools down — Another decline incoming?

Is Bitcoin nearing another accumulation zone? THIS signal says yes

Pons V2 brings RWA trading pairs as Robinhood Chain broadens its ambitions

From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

2 Months, Valuation Soars from $8.8B to $68B! The Largest AI Model Hub OpenRouter May Be Acquired

Kava Labs CEO: if Evmos cannot be free, Kava will build and maintain an free EVM compatibility module

Penafian：Konten diatas tidak merepresentasikan posisi HTX.，HTX tidak memberikan rekomendasi perdagangan apa pun.。

Artikel Terkait

Semua Komentar0TerkiniHangat

Topik Trending

Artikel Terkait