Global TradFi & Macroeconomics

Strategy Executive Chairman Michael Saylor posted on X on September 3, saying that Strategy’s “total reserve capital” had surpassed that of every financial services company in the S&P 500 Index except Berkshire Hathaway. As of August 30, Strategy held 845,050 BTC, and its net leverage ratio had fallen to 0%. Strategy’s Total Reserve Capital Surpasses S&P 500 Financial Services Companies According to Saylor’s post on X, released on September 3, 2026, Strategy’s “total reserve capital” (BTC market

According to Bank of America analysts on September 2, employment data due this week will likely not be the decisive factor for the Federal Reserve's September 15-16 FOMC meeting. BofA analysts stated that while significantly weaker-than-expected employment figures could lower rate hike odds, the

According to ChainCatcher, Broadcom reported third-quarter FY2026 revenue of $29.59 billion, up 86% year-over-year from $15.95 billion, beating expectations of $29.36 billion. Adjusted earnings per share came in at $3.32, above the estimate of $3.24. Net income rose to $13.09 billion, or $2.68 per

South Korean financial authorities implemented stricter regulations on single-stock leveraged ETFs on July 31 and August 19, causing daily trading volume to plummet 91.8% within three months. Average daily trading in 16 Samsung Electronics and SK Hynix leveraged and inverse ETFs dropped from 11.7 tr

According to Shanghai Gold Exchange, gold T+D rose 1.67% to 951.5 yuan/gram and silver T+D rose 2.31% to 15,980 yuan/kilogram in early trading on September 3.

According to Korea Exchange data released on September 3, single-stock leveraged exchange-traded funds (ETFs) tracking Samsung Electronics and SK Hynix saw daily average trading volume collapse to 962.9 billion Korean won since July 31, down 91.8% from 11.68 trillion won prior to regulatory

According to CEO Greg Abel in a CNBC interview on September 3, Berkshire Hathaway plans to hold its stakes in Japan's five major trading companies as long-term investments for decades. The company currently holds over 10% of shares in each of the five trading houses and continues to explore

The USD-KRW exchange rate tested the 1,350 won level on September 3rd as selling-dominated supply drove continued downward momentum. The sharp overnight drop in USD-JPY, which fell over 1 yen from the mid-159 yen range to around 158.20 yen in the New York session, accelerated the decline in USD-KRW

Shanghai silver futures main contract intraday gains expanded to 2.00% on September 3, trading at 16,035 yuan per kilogram.

The Bank of Korea removed the country-by-country foreign exchange reserves ranking table from its monthly press release on September 3. The central bank stated that absolute reserve rankings fail to accurately reflect a nation's external soundness and can generate market noise when rankings

According to Bank of Korea's official press release, the central bank discontinued its country-by-country foreign exchange reserve rankings on September 3 (for August-end data), citing that comparing absolute reserve sizes creates market noise rather than reflecting actual external soundness. The ra

Bitcoin is facing dual pressure from inflation concerns triggered by rising oil prices and expectations of a FED rate hike, and was temporarily trading at around $77,000 on September 3. WTI crude oil was trading at around $90.80 per barrel, up approximately 35.48% cumulatively from $67.02 before the outbreak of the Iran war. U.S. President Trump posted on Truth Social proposing that the Strait of Hormuz be renamed the “Trump Strait,” claiming that the United States has almost complete control ov

According to Reuters, Shanghai Enflame Technology drew investor orders worth 6,109 times the shares available in its online initial public offering on September 2. The company allocated 10.33 million shares to the online tranche, representing 30% of the offering after strategic placement, with a

Japan's 30-year government bond yield declined 10 basis points to 4.065% today (September 3).

Fuel oil futures contracts declined over 2% during intraday trading on September 3, reaching 3,890 yuan per ton.

According to Aanalyze's Industry Data Center, Broadcom reported Q3 AI semiconductor revenue of $16.7 billion in its fiscal 2026 third quarter ended August 2, with custom chips accounting for 73% or approximately $12.2 billion. The company forecasts Q4 AI revenue will rise to $21.7 billion,

On September 3 at market open, China's commodity futures contracts showed mixed trading. Container shipping European routes (集运欧线) fell 4%, while coke and coking coal declined over 2%. Low-sulfur fuel oil (LU), caustic soda, fuel oil, and polysilicon retreated over 1%. On the upside, palladium

US Special Envoy Steve Witkoff met with UAE National Security Advisor Tahnoon bin Zayed Al Nahyan (TBZ) last weekend on the Mediterranean island of Sardinia to discuss next steps for resolving the Iran crisis, Axios reported on the 2nd (local time) citing two sources. The meeting occurred days

Evercore ISI strategist Julian Emanuel recommended investors purchase negative-beta stocks in September as US equity markets face heightened volatility. In a report released on the 2nd, Emanuel stated that buying negative-beta stocks helps long-term investment portfolios withstand periods of

According to Evercore ISI, on September 2, strategist Julian Emanuel advised investors to buy negative beta stocks—those moving opposite to market direction—to mitigate portfolio losses amid rising volatility in September. The firm identified 115 negative beta stocks within the S&P 500, down