Global TradFi & Macroeconomics

According to Bloomberg, Jio Platforms, the digital and telecom company owned by Mukesh Ambani, received an observation letter from India's Securities and Exchange Board (SEBI) on August 28, approving its plan to go public. The company aims to raise up to $4

According to a company spokesman, Bain Capital's Tech Opportunities team has invested $66 million in RQD Clearing, with the firm raising a total of $74 million. The additional funding came from Nyca Partners and ABN AMRO's clearing bank. The investment comes as the US options market expanded 25%

According to a JPMorgan report published on July 24, the bank projects global food inflation could reach approximately 5% on an annualized basis in the first half of 2027, nearly doubling from an estimated 2.8% in the first half of 2026. Two key factors are driving the forecast: disruption to the f

According to the Wall Street Journal, Sheikh Tahnoon bin Zayed Al Nahyan's group holds 49% of WLTC Holdings via StringZ Holding RSC on Aug. 14, when the Office of the Comptroller of the Currency granted World Liberty Trust Company preliminary conditional approval. An entity affiliated with US

The Federal Reserve Bank of New York received no bids in its overnight repurchase operations on August 28.

According to CNBC, Salesforce shares soared 23% on August 27, the company's best trading day since 2020, after reporting better-than-expected earnings and announcing a new partnership with Anthropic called Claudeforce. The company reported quarterly revenue growth of 11% year-over-year and raised gu

Canada's month-over-month GDP grew 0.3% in June, exceeding the 0.2% forecast and matching May's 0.3% growth.

Rocket Lab (NASDAQ: RKLB) fell 19.4% over seven straight trading days through August 27, erasing roughly $10 billion in market value, while the S&P 500 slipped just 0.9% over the same period. The stock traded between $65.42 and $67.68 on August 27 before reversing course on August 28 with a 2%

Canada's annualized seasonally adjusted quarterly GDP growth came in at 3.3% in the second quarter, missing the forecasted 3.4% but rebounding sharply from the previous quarter's contraction of -0.1%.

According to Odaily and CoinDesk, SBI Holdings plans to acquire approximately 20% of Indonesian online brokerage Ajaib Group for $270 million, with completion targeted by end of August. The investment aims to advance SBI's Japanese yen stablecoin JPYSC adoption across Southeast Asia and establish a

According to trading data from Polymarket as of August 26, the artificial intelligence startup Anthropic has reached a 63% probability of surpassing SpaceX's record-setting 2026 initial public offering (IPO), a dramatic shift from near-zero odds just four weeks prior. SpaceX raised $85.7 billion in

According to Jin10 data, on Friday, August 28, the US dollar held near one-week highs as investors awaited Federal Reserve Chair Jerome Powell's speech at the Jackson Hole Global Central Bank Conference. Traders have priced in expectations for at least one 25-basis-point rate hike this year, given t

Mirae Asset Securities announced today (August 28) that it has halted negotiations to acquire Public Holdings, the operator of U.S. retail brokerage platform Public.com. However, the company will continue exploring other acquisition opportunities and building proprietary systems to enter the U.S. retail market.

On Friday premarket, U.S. stock futures showed mixed sentiment as investors awaited Federal Reserve Chair Kevin Warsh's Jackson Hole speech scheduled for 10:00 a.m. ET. As of 4:30 a.m. ET, Nasdaq futures fell 0.3%, S&P 500 futures were flat with a

According to UBS, the bank's Chief Investment Office forecasts gold prices to reach $5,400 per ounce over the next 12 months, citing de-dollarization trends and renewed concerns over U.S. fiscal challenges. Gold has risen approximately 15% this month, supported by a 2.4% decline in the U.S. dollar i

According to Bloomberg, Jio Platforms, the digital and telecom unit of Reliance Industries owned by billionaire Mukesh Ambani, received regulatory approval from India's Securities and Exchange Board (SEBI) within the past week to proceed with its long-awaited initial public offering (IPO). The

According to Jin10, Allianz Chief Advisor Mohamed El-Erian stated on August 28 that Fed Chair Powell's upcoming Jackson Hole speech presents a delicate challenge in balancing market expectations. El-Erian noted that some expect Powell to follow tradition by providing forward guidance and detailing t

Salesforce reported strong second-quarter results on Thursday (Aug 28), with revenue of $11.3 billion, up 11% year-over-year, and non-GAAP earnings per share more than doubling to $5.90. CRM stock surged 23% to $252.05, marking its second-best trading session on record. According to Chamath