Global TradFi & Macroeconomics

LME cobalt futures fell 2,070 USD this week, closing at 46,430 USD per ton, down over 17.51% week-to-date. In contrast, LME copper rose 82 USD to 14,416 USD per ton, gaining 0.85% on the week, while nickel climbed 60 USD to 16,846 USD per ton.

LME copper futures closed up $82 to $14,416 per ton on September 4. Nickel rallied $60 to $16,846 per ton, while aluminum declined $18 to $3,294 per ton. Zinc gained $34 to $3,946 per ton, lead rose $4 to $1,908 per ton, tin fell $86 to $54,866 per ton, and cobalt dropped $2,070 to $46,430 per ton.

According to XRPL, Ripple supported a major XRP Ledger protocol upgrade, xrpld 3.3.0, which was released on Aug. 6. The upgrade introduced amendment-controlled changes including confidential token transfers, atomic transactions, programmable token properties, permission delegation and sponsored tran

The U.S. oil drilling count for the week ending September 4 will be released in approximately 10 minutes.

According to Yelena Shulyatyeva, senior economist at The Conference Board, the Federal Reserve's September policy decision depends on next week's inflation data. A "large group" of officials is waiting for the data to confirm whether inflation continues to decline toward the Fed's 2% target. "If

On Friday (September 4), German 2-year debt yields fell 0.9 basis points to 2.949%, with weekly gains narrowing to 4.3bp. Yields initially spiked to 2.990% when the U.S. non-farm payroll report was released, then quickly reversed to test the daily low of around 2.945% by late European

According to BlockBeats, on September 5, Trump blamed rising interest rates for the stock market decline despite strong employment data released that morning. Trump stated the market should be rallying given improved credit and economic conditions, but instead declined due to what he characterized a

On September 4, 2026, from 12:00 to 16:00 (UTC), BTC traded within a narrow range over four hours, ultimately closing up 0.02%, with a price range of 81,134.8–81,268.4 USDT and an amplitude of 0.16%. Over the past 24 hours, BTC fell from a high of around $82,278 to approximately $78,885, down 2.03%, as the market entered a brief consolidation after the NFP data release but continued to trend lower overall. The main driver of this move was the U.S. August NFP data, which far exceeded expectations

According to @KaikoData, the largest corporate Bitcoin treasury sold approximately 7,000 BTC this summer, marking a significant shift from its previous accumulation-focused strategy. The sales funded shareholder dividends, rebuilt cash reserves, and supported security repurchases, reflecting a

The New York Stock Exchange and Korea Exchange signed a memorandum of understanding covering settlement cycle modernization, extended trading hours, exchange-traded funds, and market data and index products, according to official announcements in September 2026. The agreement establishes a

On September 4, UK 2-year gilt yields rose 1.2 basis points to 4.531%, surging to 4.575% following the U.S. nonfarm payroll report released at 8:30 p.m. Beijing time. The 2-year yield climbed 17.3 basis points for the week. UK 10-year gilt yields fell 0.1 basis points to 5.133% in European

From 12:00 to 16:00 on September 4, 2026 (UTC), ETH formed a doji candlestick, rising slightly by 0.06% to close at 2,522.67 USDT. Its price ranged from 2,520.81 to 2,525.40 USDT, with an amplitude of just 0.18%. Trading activity was light, and sentiment was highly cautious. The primary driver of this move was the continued pressure on risk Assets from hawkish expectations surrounding the FED. The market expects the FED to maintain its hawkish stance and delay rate cuts, while a stronger Dollar

Tesla (TSLA) stock slid approximately 6% on Friday, the day after the company officially launched its Cybercab robotaxi in Austin. Wells Fargo maintained its 'Underweight' rating and $130 price target, stating the launch likely fell short of investor expectations due to limited updates and lack of s

According to the Bureau of Labor Statistics, the US added 162,000 nonfarm payrolls in August, roughly triple the forecasted 56,000, with unemployment holding at 4.1% and labor force participation rising to 61.6% from a five-year low of 61.4%. This reversed July's narrative—when a revised gain of 21,

Long-dated government bond yields surged to multiyear or decade-high levels this week, driven by persistent inflation concerns and rising government debt. Japan's 10-year government bond yield broke above 3% for the first time

According to ICE data, on Friday, September 4, European natural gas futures posted strong weekly gains. TTF benchmark Dutch natural gas futures rose 1.29% to 72.418 EUR/MWh, gaining 9.24% for the week, with an intraday high of 75.339 EUR/MWh earlier in the week. ICE UK natural gas futures

According to SoSoValue data, U.S. spot Bitcoin exchange-traded funds recorded $730.87 million in net inflows on Sep. 3 as Bitcoin surpassed the $82,000 price level. The inflows marked the largest single day since Jan. 14, making yesterday the best trading session for the ETFs in nine