Global TradFi & Macroeconomics

According to Seoul Foreign Exchange Market, on August 24, the Korean won weakened to 1382.4 against the U.S. dollar, down 4.1 won from the previous trading day's close, with intraday lows reaching 1376.50 won. The decline eases currency loss concerns that previously deterred foreign capital

Capricor Therapeutics shares closed 8% higher on Monday after the company announced a three-month U.S. Food and Drug Administration extension of the decision deadline for its deramiocel cell therapy. The FDA pushed the review deadline to November 22 from August 22, following Capricor's submission of

Offshore Chinese yuan (CNH) fell 8 pips overnight to 6.7218 against the U.S. dollar as of New York close Monday (Tuesday 04:59 Beijing time). Intraday trading ranged between 6.7128 and 6.7255, approaching key support levels from

On Monday (August 24) at the New York close, S&P 500 futures fell 0.19%, Dow futures rose 0.35%, and Nasdaq 100 futures declined 0.88%. Russell 2000 futures also slipped 0.62%.

Spot gold rose 1.04% to $4,650.51 per ounce on Monday (August 24), with prices reaching $4,680.92 at 21:35 Beijing time and holding above the 200-day moving average at $4,516.57. Spot silver fell 0.05% to $68.9606 per ounce, while COMEX copper futures gained 0.28% to $6.7070 per

South Korea's consumer confidence index declined to 104.5 in August from 106.8 in the previous month, according to official data.

US stocks closed mixed on August 24 (local time) as semiconductor stocks declined despite falling Treasury yields. The Dow Jones Industrial Average rose 0.26% to 53,417.16, while the S&P 500 fell 0.28% to 7,652.86 and the Nasdaq Composite dropped 0.77% to 25,980.19. NVIDIA declined nearly 3%,

On Monday (August 23), Zillow Group (NASDAQ: ZG) settled an antitrust lawsuit with the Federal Trade Commission and five state attorneys general, avoiding a trial scheduled to begin this week. The settlement keeps Zillow's multifamily distribution partnership with Redfin intact through at

U.S. stocks opened lower Monday, Aug. 24, with semiconductor and technology shares leading declines as investors prepared for Nvidia earnings Wednesday, new U.S. sanctions on Iran and a key inflation report later this week. The Dow Jones Industrial Average fell 15.1 points, or 0.03%, to 53,261.95 at

RoboMarkets Ltd paid €100,000 to settle with the Cyprus Securities and Exchange Commission over possible violations involving organisational requirements, client communications, appropriateness assessments and the marketing of contracts for differences to retail investors. CySEC announced the settle

Aggreko has applied for a U.S. initial public offering, seeking to trade its shares under the ticker symbol "AGKO" on the New York Stock Exchange.

Meta Platforms is facing a federal lawsuit brought by 29 state attorneys general over allegations that it fostered addictive behavior in kids, with the trial getting underway in an Oakland court last week. Bank of America wrote in a note to clients Monday that while the Meta stock is down on

According to Bank of America, Meta stock carries a $810 price target despite mounting litigation over alleged addictive platform design. Bank of America maintained its buy rating Monday, noting the California trial outcome represents only one data point in a multi-year legal process. Meta

On Monday (August 24), U.S. equity and commodity ETFs showed mixed performance, with Brent oil fund dropping 1.9%, emerging market ETF down 1.5%, and soybean fund falling 1.14%. Meanwhile, gold ETF rose 0.79%, U.S. real estate ETF gained 0.62%, and U.S. long-duration Treasury ETF climbed 0.62%, wit

According to CME Group and CoinGlass data, Bitcoin surged 23.2% over seven days to break above $77,000 on Friday, triggered by the U.S. Treasury's announcement of expanded buybacks of longer-dated government bonds. Gold climbed to $4,661 during the same period, and more than $4 billion in short

According to Bloomberg, the EV Price Return Index fell 0.23% to 3,503.23 on Monday, August 24, after an initial gain at market open.

According to Jin10 Data, on August 25, the U.S.-Canada tariff negotiations collapsed after Trump imposed additional tariffs and threatened Canada with serious consequences if it does not comply. U.S. Treasury Secretary Bessent stated that Trump hopes Canada will return to the negotiation table in g

According to The New York Times, the SEC issued subpoenas to major Wall Street banks on August 24 seeking information about AI hedge fund Situational Awareness' trading activities.

Nvidia stock has declined for seven consecutive trading days, marking the longest losing streak since 2022.

Bernstein analysts issued an Outperform rating on stablecoin issuer Circle with a $140 price target in a research note published Monday, citing signs of a new growth cycle for its USDC stablecoin. The firm pointed to what it called "digital dollar reflation" after USDC supply increased by