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South Korean President Lee Jae-myung: Seeing the exchange rate of the US dollar to the Korean won approaching 1,500-1,600 feels very unusual.

2026-07-21

South Korean President Lee Jae-myung: Seeing the exchange rate of the US dollar to the Korean won approaching 1,500-1,600 feels very unusual.

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2026-07-21

Alphabet's 100-year sterling bond has fallen more than 7% since its February issuance. Issued in February 2026 and maturing in February 2126, the bond initially saw strong demand and was oversubscribed, but subsequently declined steadily. Market par

Alphabet's 100-year sterling bond has fallen more than 7% since its February issuance. Issued in February 2026 and maturing in February 2126, the bond initially saw strong demand and was oversubscribed, but subsequently declined steadily. Market participants believe the sell-off is the result of a combination of factors, including the bond's century-long maturity, a surge in bond issuances by global hyperscale cloud service providers, and increased political uncertainty in the UK. Ultimately, this outcome is not entirely unexpected. Nevertheless, it demonstrates that investment-grade technology bonds issued this year have almost universally depreciated amid rising long-term yields. This is compounded by the fact that these bonds are affected by both the increasing volatility in the artificial intelligence sector and inflation.
2026-07-21

China's Shanghai Gold Exchange T+D gold rose 0.11% at the late Monday close on July 20 to 873.3 yuan/gram; silver T+D rose 0.29% to 13,763 yuan/kg.

China's Shanghai Gold Exchange T+D gold rose 0.11% at the late Monday close on July 20 to 873.3 yuan/gram; silver T+D rose 0.29% to 13,763 yuan/kg.
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