Global TradFi & Macroeconomics

According to Wells Fargo on Sept. 14, the bank cut its S&P 500 year-end target from 7,950 to 7,700 points, citing limited catalysts for further gains and rising political and sector-specific risks. The new target implies just 1% upside from the index's recent close of 7,619.98, significantly below W

According to the Federal Reserve announcement on September 15, the central bank extended the pause on Reserve Management Purchases (RMP)—used to manage banking system reserves—through mid-October, meaning it will not purchase U.S. Treasuries for this purpose during the period. The Fed will

Kraken introduced vaults that allow eligible clients to allocate SPYx, QQQx and NVDAx tokenized assets to onchain lending strategies. The exchange said yield accrues continuously and is paid in the same xStock deposited. The product aims to enable capital productivity for positions that would

Broadridge expanded its digital-assets platform into the United States, allowing broker-dealers, registered investment advisers, and wealth managers to place cryptocurrencies and tokenized securities alongside traditional investments. The company announced the US rollout after making the platform

Japan's Kioxia Holdings Corp. is weighing a U.S. stocks listing that could raise at least $10 billion as early as next year, Bloomberg reported on Tuesday. The memory maker is considering selling American depositary receipts (ADRs) and is discussing the potential offering with Bank of America,

Webull plans to offer eligible futures customers access to CME Group's E-nano S&P 500 and E-nano Nasdaq-100 futures contracts in mid-September. The broker announced that these contracts are one-tenth the size of comparable Micro E-mini futures, designed to allow retail traders to adjust index

According to Bloomberg, Kioxia Holdings is considering a U.S. American Depositary Receipt (ADR) offering to raise at least $10 billion as early as next year. The Tokyo-based memory chip maker is in discussions with Bank of America, Goldman Sachs, and JPMorgan regarding the potential listing, Bloombe

Broadridge announced the US expansion of its digital-assets platform, enabling broker-dealers, registered investment advisers and wealth managers to integrate cryptocurrencies and tokenized securities alongside traditional investments. Anchorage Digital and Galaxy are the first named

According to Webull's announcement, the broker will give eligible futures customers access to CME E-nano S&P 500 and E-nano Nasdaq-100 futures in mid-September. The contracts are sized one-tenth of comparable Micro E-mini futures, allowing retail traders to adjust index exposure in smaller

Lotte Card announced on the 15th that it held an emergency board meeting and decided on an interim cash dividend of 38.2 billion won. Last year, Lotte Card's total dividend was 23.6 billion won, making this interim dividend approximately 62% larger than last year's total dividend amount. This

According to Guru Club, Chinese commodity futures opened mixed overnight on September 15. Ethylene glycol rose 1.51%, Shanghai silver gained 0.87%, copper climbed 0.47%, and aluminum added 0.33%. On the downside, crude oil fell over 2%, fuel oil dropped 1.83%, coking coal declined 1.73%, and glass l

According to Guru Club, ethylene glycol continuous main contract rose 2% to 6,080 yuan on September 15.

According to Yonhapinfomax, Lotte Card announced on September 15 a board decision to distribute 38.2 billion Korean won in interim dividend to shareholders. The interim dividend represents a 62% increase from last year's total dividend payout of 23.6 billion won. This marks the first interim dividen

According to Odaily, WTI and Brent crude fell nearly $1 in intraday trading, now trading at $97.63 and $102.11 per barrel respectively, based on Gate data.

According to Broadcom CEO, the company will maintain its long-term revenue targets despite shifts in AI model development pacing, as demand for computing power remains strong. The company projects AI semiconductor revenue of $115 billion in

According to BIT data, on September 15, S&P 500 and Nasdaq 100 index futures turned to gains after declining 0.3% earlier in the session.

According to a Citigroup report on September 15, the firm initiated buy ratings on Nvidia and Broadcom with price targets of $315 and $515 respectively, viewing the recent semiconductor sector selloff as a buying opportunity. Citigroup stated that market concerns

According to Bank of America CEO Brian Moynihan, investment banking fees are likely to fall by more than 10% in the third quarter compared with a year prior, yesterday, September 14. This marks a steep reversal from the 50% growth the bank reported in its second quarter. Moynihan cited Dealogic