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1April 20 Financial Morning Brief: U.S. and Iran Accuse Each Other of Attacking Ships, Strait of Hormuz Closed Again, Gold Price Battles at 4750 Level, Oil Price Rebounds Nearly 7%2A "high sensitivity week" arrives for global markets! US-Iran negotiations, Walsh hearings, and a wave of global data set to make an impact
ARKM's 24-hour fluctuation reaches 43.4%: New MorganStanley tracking activity drives Arkham platform
Bitget Pulse·2026/04/16 19:57
Morgan Stanley’s Amy Oldenburg says crypto 'becoming daily business' across the firm
The Block·2026/04/16 19:51
Perle (PRL) 24-hour amplitude at 66.5%: Trading volume surges nearly $970M driving intense volatility
Bitget Pulse·2026/04/16 19:48
MemeCore (M) fluctuated by 38.6% in 24 hours: Futures long leverage overheating drives rebound
Bitget Pulse·2026/04/16 19:17
Impacts of WTI Crude Futures Trading in Backwardation During Supply Shortages
101 finance·2026/04/16 19:00
TRADOOR (TRADOOR) fluctuated 41.1% in 24 hours: Airdrip launch triggers price volatility
Bitget Pulse·2026/04/16 18:34
Flash
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Cutting Flights and Raising Ticket Prices: Major Airlines Worldwide Enter "Self-Preservation" ModeGolden Ten Data reported on April 20 that aviation industry experts stated on the 19th that in the coming months, travelers around the world should prepare for flight cancellations, route reductions, and continued ticket price increases, as many airlines are entering "self-protection" mode. They are responding to insufficient aviation fuel supply and soaring prices by cutting capacity and raising fares. According to the UK aviation data analytics company OAG, the latest available data shows that global aviation capacity in May is expected to decline by 3%, with at least 19 of the world's 20 largest airlines reducing their flights for May. Data from the International Air Transport Association shows that aviation fuel prices are the largest cost component for airlines, accounting for about 30% of their total costs. At the end of February, after the United States and Israel launched military strikes against Iran and the Strait of Hormuz became effectively blockaded, jet fuel prices doubled, at one point surpassing $200.
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Paul Chan: Hong Kong will strive to become a core hub for the application and large-scale development of AI and Web3 technologiesForesight News reported that Hong Kong Financial Secretary Paul Chan delivered the opening speech at the 2026 Hong Kong Web3 Carnival, stating, "The rise of AI agents this year marks another noteworthy milestone. The intersection of AI and technologies such as Web3 is changing the game. Their integration will elevate transactional efficiency to a new level and extend across a wider range of business areas, from finance and trade to wealth management, supply chain operations, and logistics. This combination will generate numerous new opportunities, but will also pose a series of challenges, for example with infrastructure payment and settlement systems and regulatory rules. Hong Kong's approach to Web3 and AI has always been clear: maintaining consistency under the One Country, Two Systems principle. As an international financial center, Hong Kong embraces innovation, and stablecoins, tokenization, and AI are becoming integral components of the mainstream future. Hong Kong regulators bear a dual mission of prudent supervision and promoting market development, which requires us to encourage and support more innovative applications, improve our institutional framework based on continuous learning, and keep pace with the times with an open and balanced attitude. I am convinced that Hong Kong will undoubtedly become a key hub where the new generation of technologies will flourish, be widely adopted, and achieve responsible large-scale development."
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Institution: Polymarket’s corporate earnings forecasts may be more accurate than those of Wall Street analystsGelonghui April 20|According to a report by Wolfe Research, Polymarket users predicting that a company's earnings performance may fall short of expectations have a probability of being correct at 44%, more than double the historical benchmark level of 18%. When Polymarket bettors are highly optimistic that a company's earnings will exceed expectations, the probability of this happening reaches a staggering 90%, higher than the usual 81% level. Yin Luo, head of Quantitative Research at Wolfe, stated that this accuracy might be due to the effect of crowdsourcing. In such cases, investors betting on a company’s earnings results on Polymarket may provide more diversified perspectives compared to market consensus expectations based solely on sell-side analysts. Additionally, a draft paper updated earlier this month by researchers from London Business School and Yale University concluded that these emerging platforms exhibit high accuracy, can incorporate new information faster than analysts, and avoid some inherent biases in Wall Street forecasts. The research also found that people wagering in earnings markets tend to be unusually sophisticated. Insider trading may also be a contributing factor.
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