Global TradFi & Macroeconomics

U.S. mortgage rates entered August near their highest levels in a year, with Freddie Mac reporting the average 30-year fixed mortgage at 6.66%, up from 6.58% a week earlier. Mortgage News Daily's daily index showed the 30-year rate at 6.83% on Friday, only 2 basis points below its 52-week high.

According to Freddie Mac and Mortgage News Daily, the average 30-year fixed mortgage rate rose to 6.66% on August 3, with daily lender pricing even higher at 6.83% as of Friday—only 2 basis points below its 52-week high. The 15-year fixed rate climbed to 6.04%, while jumbo, FHA and VA rates also

According to BlockBeats, SpaceX stock plunged to $105.64 pre-market on August 3, marking a new all-time low, according to Bit.com market data. The stock recovered to $108.37, down 2.06% in pre-market trading, with market cap declining to $14.3

Eli Lilly's experimental drug Olomorasib received FDA breakthrough therapy designation on August 3 for the treatment of pancreatic cancer. The stock rose approximately 1% in pre-market trading.

According to Baotou Rare Earth, the company achieved batch sales of praseodymium metal in the first half of 2026 by opening a new application field for light rare earths in non-heavy rare earth permanent magnets, aligning with downstream magnetization enterprises' lightweight development

According to Bloomberg senior ETF analyst Eric Balchunas, three semiconductor-focused ETFs led U.S. equity ETF inflows this week, a historically rare occurrence. Recent volatility in chip stocks created a buying opportunity for high-risk traders, who frontran a rebound in the sector. The

Strategy executive chairman Michael Saylor announced that the company is now tracking Bitcoin's 200-week moving average and its premium to that level on the firm's public dashboard as Bitcoin trades around $62,500. The addition provides a new metric for monitoring the company's $63.69 billion Bitcoi

According to Jin10, former Iranian Foreign Minister Javad Zarif warned that failure to reach a final agreement with the U.S. within the proposed 60-day negotiation window could result in further economic hardship, domestic unrest, and new military

According to Reuters, on August 3, foreign institutions resumed buying Korean chip stocks after the July selloff, with a single-day net purchase of approximately 5 billion USD setting a record. Leveraged ETFs tracking Samsung Electronics and SK Hynix saw assets plummet from about 50 billion USD in l

According to BlockBeats, Federal Reserve Chair Powell held rates unchanged last week, triggering significant bond market losses through Friday close. Lantern Capital founder Eric Hickman reported that U.S. Treasury securities and bills saw cumulative losses of approximately $115 billion in market

Bitmine Immersion Technologies (BMNR) chairman and Fundstrat founder Tom Lee told CNBC that 2027 will be one of the best years for the U.S. stock market, following the resolution of two major uncertainties: the SpaceX (SPCX) unlock and the transition to a new Federal Reserve chairman. Lee stated tha

Kazakhstan's sovereign wealth oil fund plans to sell up to $300 million in foreign currency during August 2026, according to official announcements.

According to BlockBeats, international oil prices dropped sharply on August 3 as expectations of easing Middle East tensions drove trading. West Texas Intermediate (WTI) crude fell over 7%, while Brent crude declined over 5% to around $83 per barrel. Iran's Foreign Ministry announced that

According to Arkham data, trader James Wynn faced forced liquidations on his S&P 500 short positions for four consecutive days ending August 3, with his account balance plummeting to approximately $6,500. The liquidations occurred from last Friday through Monday of this

According to Beating Dynamics, researchers backtested real AI token usage against U.S. stock returns between January 2024 and April 2026 using approximately 3.8 trillion tokens from OpenRouter, an AI model aggregation platform. The researchers combined weekly token consumption, spending, and

According to Barron's, L3 Harris Technologies (LHX) posted strong Q2 earnings on July 29, beating Wall Street expectations with 28% EPS growth year-over-year, yet saw its stock decline 9% the following day as defense sector valuations compressed. The company also raised its full-year financial

Kioxia's stock rose 5.27% on the 3rd at the Tokyo Stock Exchange despite weaker earnings reported on the 31st of last month. The company announced a buyback of up to 800 billion yen (approximately 7.2 trillion won) representing 5.5% of outstanding shares, and a 3-to-1 stock split planned for