Global TradFi & Macroeconomics

Fervo Energy stocks (FRVO) closed 28% higher on Tuesday after the company announced a 396-megawatt power purchase agreement with Google, marking its largest contract to date. RBC Capital analyst Christopher Dendrinos said the agreement was expected but arrived sooner than the firm previously

Wells Fargo is advancing the development of tokenized financial products in collaboration with DTCC and The Clearinghouse, as reported by Fireblocks. The initiative aims to enhance operational efficiency in financial transactions by creating a more efficient settlement process for equities and

According to RBC Capital analyst Christopher Dendrinos, Fervo Energy (FRVO) stock closed 28% higher on Tuesday after the company announced a 396-megawatt power purchase agreement with Google. The contract, which RBC said was expected but arrived sooner than previously anticipated, represents Fervo's

Strategy (MSTR), the world's largest Bitcoin holder, purchased 4,603 Bitcoin for $369.7 million between August 24-30, the company disclosed on August 31. The purchase, at an average price of $80,318 per Bitcoin, marks the company's first acquisition since mid-June. Strategy resumed buying after Bitc

According to an SEC filing dated August 31, MicroStrategy (MSTR) acquired 4,603 Bitcoin from August 24-30 for $369.7 million, marking the company's first purchase since mid-June. The acquisition, at an average price of $80,318 per BTC, brought total holdings to 845,050 Bitcoin, with cumulative

On September 1, 2026, from 21:00 to 21:15 (UTC), BTC plunged 0.43% within 15 minutes, trading in the 77,072.7–77,514.1 USDT range, with a 0.57% intraperiod range. Its retreat from the intraday high drew market attention. Over the past 24 hours, BTC fell approximately 2.34%, retreating from $79,248.8 to around $77,212, with an intraday low of $76,420. The main driver of this move was a new round of U.S. military strikes against Iran, causing geopolitical risks to escalate sharply. After the U.S.

On September 1, 2026, between 21:00 and 21:15 UTC, ETH fell 0.52% over 15 minutes, returning to the 2,405.19–2,423.15 USDT range, with a price amplitude of 0.74%. ETH had previously gained 2% amid a broad recovery in the crypto market but reversed lower after news of escalating geopolitical conflict emerged, bringing its cumulative 24-hour decline to approximately 2.60%. The primary driver of this volatility was a large-scale U.S. military strike on Iranian targets near the Strait of Hormuz, whi

SK Innovation and S-Oil stocks surged on the previous trading day as prolonged war-related disruptions to global refinery capacity drove refining margins sharply higher. SK Innovation closed at 135,300 won, up 7.81% from the prior session. S-Oil gained 1.07% to 151,700 won, according to Korea

South Korea's KOSDAQ market recorded a 15.9% index gain in August 2026 while daily average trading volume plummeted to 5.9869 trillion won—just 38% of May's 15.5661 trillion won level, according to Korea Exchange data. The index rose from 719.76 to 834.29 during the month, marking the

Broadcom is set to release its fiscal third-quarter 2026 earnings after the market close on September 2 (US Eastern Time), which corresponds to the morning of September 3 in Korea. The AI chip supplier, considered a key competitor to NVIDIA, will provide guidance on its artificial intelligence

Korean pharmaceutical stocks linked to hair loss treatment surged on the 2nd, with JW신약 and 현대약품 hitting daily trading limits. The sudden rally followed reports from Bloomberg and Fortune stating that hair loss treatments are becoming Wall Street's next investment focus, triggering high volatility a

According to Newsis, South Korean refining stocks rallied sharply on September 2 as global supply disruptions caused by prolonged U.S.-Iran military tensions and Ukraine conflict pushed refining margins higher. SK Innovation surged 7.81% to 135,300 Korean

According to News1, Broadcom will report its fiscal 2023 third-quarter earnings after U.S. market close on September 2 (September 3 Seoul time). Investors are closely watching whether the chipmaker will raise its AI revenue guidance for fiscal 2027. Broadcom supplies custom AI chips (ASICs) and

According to News1, South Korea's KOSDAQ index rose 15.9% in August, reaching 834.29 from 719.76, yet daily average trading volume plummeted to 5.99 trillion won—only 38% of May's 15.57 trillion won level. Market analysts attribute the anomaly to thin liquidity, where limited retail buying

According to the Korean Exchange, on September 2, shares of domestic pharmaceutical companies focused on hair-loss treatment surged sharply. JW Pharma and Hyundai Pharma hit daily price limits, while companies including Samik Pharma rose 26.73%, BioNia jumped 25.48%, and others

According to the Wall Street Journal, Google may release Gemini 3.8 Flash as soon as Wednesday (September 2). Google's stock rose 1.2% in after-hours trading.

U.S. stock index futures declined on Tuesday (September 1) at the close of New York trading. S&P 500 futures fell 0.63%, Dow futures declined 0.75%, and Nasdaq-100 futures dropped 1.26%. Russell 2000 futures were

US Treasury Secretary Scott Bessent's efforts to stabilize the bond market failed to prevent the 10-year Treasury yield from reaching a new 2025 high on local time. The 10-year yield surged to 4.798% intraday, marking the highest level since January 14, 2025, while the 30-year yield

On Tuesday, Sept 1, offshore yuan (CNH) depreciated 42 pips against the U.S. dollar, closing at 6.7221 at New York session close (4:59 AM Beijing time, Sept 2). The pair traded within a range of 6.7169–6.7251 during the day.

According to the Atlanta Federal Reserve's GDP Now model, the U.S. third-quarter growth estimate was raised to 4.8% annualized on September 1, up 0.2 percentage points from August 26's 4.6%. The estimate has fluctuated since reaching a peak of 6.2% on August 3. Real personal consumption