Global TradFi & Macroeconomics

Mastercard recently completed its $1.8 billion acquisition of BVNK, a Ripple partner specializing in blockchain-based payment infrastructure. The deal advances Mastercard's strategy to connect traditional finance with digital assets, enabling fiat currencies, stablecoins, and tokenized assets to

According to Mastercard, the company officially completed its $1.8 billion acquisition of BVNK, a leading provider of digital payment infrastructure and long-standing Ripple partner. The deal enables businesses and financial institutions to hold, transfer, and manage both fiat and digital

Leopold Aschenbrenner's Situational Awareness hedge fund imploded last week, plummeting from around $45 billion in assets to approximately $10 billion after leveraged semiconductor positions suffered outsized losses. According to sources familiar with the matter, Aschenbrenner was forced to

On Monday (August 3), U.S. stocks rallied as Brent crude fell 5.4% to $83.17 a barrel following President Trump's decision to hold off on additional strikes against Iran. The S&P 500 rose 1% to 7,578.73, approaching its all-time high, while the Dow Jones Industrial Average gained 711 points,

According to data from Brazil's National Agency of Petroleum, Natural Gas and Biofuels (ANP), Brazil's crude oil production reached a record 4.5 million barrels per day in June, up 19% year-over-year and up approximately 4% from May. Combined oil and natural gas production totaled 5.8 million barrel

Emerging markets exchange-traded funds listed in the United States attracted approximately $4.5 billion in inflows during the week ended July 31, marking the highest weekly inflows since late February, driven by sustained investment interest in Asia-focused artificial intelligence

According to Bloomberg, Millennium Management, a $92 billion multi-strategy hedge fund, posted a 2.1% loss in July amid a selloff in artificial intelligence stocks, trimming its year-to-date gain to 8.2%. Meanwhile, Quantedge, a $7.2 billion systematic trading fund, gained 7.8% in July, bringing it

According to TipRanks, Amazon stock jumped 5.3% on Monday to $285.73, pushing the company to a $3 trillion market value for the first time. Amazon became the fifth company to reach that level after Apple, Microsoft, Nvidia, and Alphabet. Wall Street maintains a Strong Buy consensus with 39 Buy

Alphabet Inc. (GOOGL) shares gained more than 5% in Monday midday trading. Google and German energy firm RWE announced a 15-year power purchase agreement for the 155-megawatt Crooked Creek Solar project in Oklahoma. The agreement will supply electricity to support Google's operations in the

The USD/JPY exchange rate continued its steep decline on August 3 amid coordinated intervention efforts by the United States and Japan. As of 10:47 AM Eastern Time, the USD/JPY fell 2.529 yen (1.589%) to 156.651 yen in the New York foreign exchange market, according to Yonhap Infomax. The sharp

According to an announcement on Monday, Google signed a 15-year power purchase agreement with RWE for the 155-megawatt Crooked Creek Solar project in Oklahoma. Alphabet shares gained over 5% in midday trading. The Crooked Creek Solar facility will supply electricity to Google's operations in the

According to Yonhapinfomax, the USD/JPY exchange rate plunged to 156.65 yen on August 3 morning (U.S. Eastern Time), down 2.529 yen or 1.589% from the previous close, hitting a roughly three-month low. Japan's Finance Minister Katayama Satsuki stated that authorities conducted yen-buying

According to Nohshad Shah, head of fixed income sales for Europe, Middle East and Africa at Citadel Securities, Federal Reserve Chair Kevin Powell's commitment to controlling inflation lacks clear implementation details, creating new uncertainty for investors. Despite Powell repeatedly emphasizing t

The U.S. Commodity Futures Trading Commission ordered UBS to pay $8 million due to supervisory failures in its anti-money laundering transaction monitoring system, according to an official statement.

The U.S. Dollar Index (DXY) broke above the 100 level today, rising 0.26% during the trading session.

GameStop (GME) agreed to exchange approximately $1.4 billion of its outstanding convertible senior notes for shares of its Class A common stock in a private transaction, the company announced on Monday. The exchange involves about $400 million in notes due 2030 and $1 billion in notes due 2032,

Ukraine's Prime Minister announced today (August 3) that emergency support measures for farmers have been approved. The government temporarily adjusted minimum export prices for certain agricultural products to prevent disruptions in grain and oilseed exports. The Prime Minister also instructed

According to Stocktwits, GameStop shares fell more than 11% on Monday following the company's announcement that it will exchange approximately $1.4 billion in outstanding convertible senior notes for shares of its Class A common stock in a private transaction. The exchange, expected to close

Venezuela's crude oil exports dropped 25% in July to 856,000 barrels per day, marking a five-month low, according to energy data tracking. The decline was primarily driven by reduced demand from India, which halved its imports from Venezuela as Iranian supply tensions eased and Middle Eastern crude