Global TradFi & Macroeconomics

According to three sources, Russia's Norsi refinery halted crude oil processing after drone strikes on August 26.

Felix Prehn, a former investment banker who now educates retail investors, discussed gold's five-week rally during what is shaping up as the metal's best month since 1999. Gold traded around $4,650 on Tuesday, while the 30-year Treasury yield touched 5.34% last week, near a 20-year high. Prehn

According to Bitget market data, Nasdaq-100 constituent stocks showed divergent movements during today's session. Storage, optical communication, and technology stocks gained strength, while software and enterprise services stocks

According to Kitco News, gold reached around $4,650 this week, on pace for its best month since 1999, though still below the record set in late January. Former investment banker Felix Prehn highlighted growing market concentration risks, noting that the top 10 companies in the S&P 500 now

According to the U.S. Department of Commerce, new orders for durable goods in July reached $339.3 billion on a seasonally adjusted basis, up $3.6 billion or 1.1% month-over-month. This exceeded market expectations of a 0.5% increase. Excluding transportation equipment, orders grew 0.4%, while

According to Guru Club, WTI crude oil futures recovered more than 3% of their intraday losses on Aug 26, rising 0.06% to settle at $82.41 per barrel.

According to William Blair, Moderna and Merck's personalized mRNA cancer vaccine Intismeran Autogene (mRNA-4157/V940) combined with Keytruda achieved positive Phase III trial results for melanoma treatment recently, hitting key efficacy endpoints. Moderna's stock jumped 177% to $174.38, marking a

The U.S. Treasury Department auctioned 2-year floating rate notes (FRNS) today at a discount rate of 0.055%, up 5 basis points from 0.050% on July 29. The auction received a bid-to-cover ratio of 3.14.

XRP fell 6.23% over 24 hours to around $1.38, marking the steepest decline among the top 10 cryptocurrencies by market capitalization according to CoinMarketCap data. The pullback follows a rapid rally that saw XRP surge from around $1.00 on August 18 to an intraday high near $1.69, with the token s

According to media reports, Indian oil tanker HAANA recently attempted to transit through the Oman Corridor, an alternative southern route south of the Strait of Hormuz, but was forced to abandon passage after receiving a

Bernstein expects Bitcoin to reach $150,000 by mid-2027 under its base case scenario, citing rising government debt and currency debasement as tailwinds for the scarce asset. The firm forecasts BTC returning to roughly $125,000 by end-2026 before advancing to $150,000 in H1 2027, with a cycle peak n

Europe's STOXX 600 index closed up 0.12% at 657.30 points today (August 26). The eurozone STOXX 50 index rose 0.36% to 6,478.98 points, while the FTSE Eurofirst 300 index gained 0.07% to 2,624.99 points.

According to Wall Street Journal reporter Nick Timiraos, Federal Reserve Chair Kevin Powell faces a critical question in his major speech this week at Jackson Hole: whether elevated U.S. inflation stems from one-time shocks such as tariffs and geopolitical tensions, or reflects an overheating

European markets closed higher on August 26. Germany's DAX 30 index rose 0.32% to 26,349.22 points. France's CAC 40 climbed 0.54%, Italy's FTSE MIB gained 0.54% with the banking index jumping 1.07%, and the UK's FTSE 100 edged

According to WSJ, JPMorgan Chase, Bank of America, Wells Fargo, and Santander are advancing plans to form a global stablecoin alliance to explore stablecoin infrastructure jointly supported by major financial institutions. The alliance aims to collaborate on bank-issued or bank-backed stablecoins fo

According to Beating, copper prices in Taizhou's scrap market surged to 90,000–100,000 yuan per ton during July–August, traditionally a low season, with demand increasing two to threefold. High-quality inventory was often sold before arriving or even before processing. Regional producer Zhejiang Ju

According to Guru Club, China's commodity futures market saw broad gains in the overnight session on August 26, with oil seeds and oilseeds leading the rally. CZCE rapeseed meal rose 1.97%, while energy products gained across the board, with DCE LPG up 1.97%. Agricultural products also advanced, wit

Nvidia reports its second-quarter fiscal 2027 earnings after the US market closes Wednesday, with guidance for approximately $91 billion in revenue. The chipmaker's first-quarter sales reached a record $81.6 billion, with Data Center revenue alone at $75.2 billion, up 92% year-over-year. The earning

According to Coinpaper, Nvidia will report fiscal Q2 2027 earnings after the US market closes Wednesday, with guidance for $91 billion in revenue, plus or minus 2%. The chipmaker's first-quarter sales reached a record $81.6 billion, with Data Center revenue alone totaling $75.2 billion, up 92%

According to xStocks, MUx, SKHYx, NVDAx, QQQx, and SPYx launched as native spot markets on Hyperliquid on August 26, enabling 24/7 trading. Each asset has approximately $1 million in liquidity with average spreads of 8-12 basis points. The tokens represent economic exposure only and are not