Global TradFi & Macroeconomics

Micron Technology trades at approximately 6 times forward price-to-earnings ratio, ranking as the third-lowest valuation in the S&P 500 index despite the stock surging more than threefold this year, CNBC reported on the 31st local time. This valuation discount reflects the memory semiconductor

According to CNBC on August 31, Micron Technology has signed long-term supply agreements (LTA) with major customers extending through 2030, featuring minimum purchase guarantees and price band protections. The contracts, which will represent over 50% of future revenue, include provisions

John Ternus takes over as Apple CEO on September 1, succeeding Tim Cook who served in the role for 15 years. According to Bloomberg, Ternus moves from senior vice president of Hardware Engineering to the CEO position. Ternus's stance on bitcoin and crypto assets remains largely unknown. To date, App

According to Guru Club, spot silver broke below $65 per ounce on September 1, declining 2.33% intraday.

On Sept 1 at 4:30 p.m. close, onshore yuan settled at 6.7218 against the U.S. dollar, down 20 pips from the previous trading day.

Italy's unemployment rate rose to 5.8% in July, exceeding the forecast of 5.6%. The previous month's figure was also revised upward to 5.8% from an initially reported 5.70%.

UK M4 excluding IOFC annualized growth slowed to 2.2% in July on a three-month basis, down from 4.9% in the previous period.

According to Morgan Stanley's Aug. 31 semiconductor report, Broadcom's AI revenue is forecast to reach $16 billion in Q3 (up 48% quarter-over-quarter) and $21.2 billion in Q4 (up 32%), with 2027 AI revenue projected at approximately $120 billion. However, market expectations exceed $150 billion,

The UK's M4 money supply increased 4.5% year-over-year in July, according to official data from the Bank of England, down from 5% in the previous month, marking a slowdown in broad money growth.

UK M4 money supply declined 0.3% month-on-month in July, reversing the prior month's 0.8% increase. The contraction marks a shift in monetary dynamics following the positive reading in June.

The UK manufacturing sector's PMI (Purchasing Managers' Index) rose to 51.7 in August, exceeding the forecast of 51.5 and matching the previous month's reading, according to official data.

Dell Technologies and Hewlett Packard Enterprise report quarterly earnings this week, with Dell scheduled for Tuesday and HPE for Wednesday, offering a key test for the AI server market. The reports come as Dell's record $51.3 billion AI-server backlog and HPE's AI infrastructure expansion have

Dell and Hewlett Packard Enterprise will report quarterly earnings this week, with Wall Street expecting both companies to deliver strong results driven by surging AI server demand. Dell reports Tuesday with revenue expected to reach $44.48 billion, up 50% year-over-year, and adjusted earnings

According to Royal Bank of Canada analyst Abbas Kashvani, the Bank of Japan may hike rates or intervene in currency markets in coming weeks amid persistent yen weakness over the past month. Kashvani noted that recent depreciation has reversed most of the BOJ's intervention efforts over recent

SK Innovation's stocks closed at 135,300 won, rising 9,800 won (7.81%) and marking the fourth consecutive day of gains, according to Korea Exchange data. The stock has climbed 54.3% from its 52-week low of 87,700 won recorded on June 26, reaching the highest closing level since May 7. The rally

According to Jin10 data on September 1, a Wall Street Journal survey of 13 economists projects South Korea's August CPI to rise 3.3% year-over-year, up from 2.8% in July, with a monthly increase of 0.4%. Deutsche Bank analysts attributed the acceleration partly to base effects, as local telecom

According to Korean stock exchange data, SK On, a subsidiary of SK Innovation, signed a five-year lithium iron phosphate (LFP) pouch battery cell supply contract with U.S. energy storage system (ESS) manufacturer Neovolta Power on August 27, with a total volume of 9GWh from 2027 to 2031. Industry an