Global TradFi & Macroeconomics

U.S. wholesale sales increased 0.8% month-over-month in July. The prior month's reading was revised upward to -2.9% from the initially reported -3.0%.

According to Gate data, USD/JPY pulled back to 154.0 as of today (September 10), currently trading at 153.989 with a 24-hour gain of 0.5%.

Copper stocks fell sharply at the open on September 10 amid uncertainty over U.S. tariff policy. Ero Copper declined approximately 8%, Freeport-McMoRan dropped 7.7%, Lundin Mining ADR fell 7.6%, Southern Copper Corporation slid 6.7%, while copper-focused

Citadel Securities urged the SEC and CFTC on Sept. 9 to reaffirm SEC oversight over products linked to U.S. public companies. In a letter responding to a joint agency request, Citadel said trading venues should not use CFTC self-certification to circumvent SEC jurisdiction over equity-linked product

The U.S. 30-year Treasury yield climbed to 5.35%, reaching levels not seen since June 2007 and creating pressure for equity markets already facing inflation concerns and higher oil prices. The move came as the U.S. Treasury increased its long-dated debt buyback to $6 billion, triple the previous

According to Eurizon's fixed income chief Massimo Spadotto, speaking on September 10, the European Central Bank may raise its deposit rate to 2.75% in one of its final two policy meetings this year. Spadotto noted that one additional rate hike should be considered the base case scenario, driven

U.S. spot Bitcoin exchange-traded funds recorded $730.9 million in inflows in a single day, marking their strongest performance since January. BlackRock's IBIT led the surge, accounting for approximately $454 million of the total inflow. The influx reflects renewed institutional demand for Bitcoin,

On September 10, U.S. stock markets fell amid stronger-than-expected August producer price inflation data. The Nasdaq declined 1%, the S&P 500 dropped 0.6%, and the Dow fell 0.2%. The Philadelphia Semiconductor Index slid over 2%, with storage chip stocks widespread decline: SK Hynix fell

U.S. spot Bitcoin ETFs recorded $730.9 million in inflows in a single day, marking their strongest performance since January. BlackRock's IBIT accounted for approximately $454 million of the total inflow. Over the past three weeks, nearly $3.8 billion has flowed into Bitcoin ETFs as Bitcoin trades a

According to Jin10, on September 10, Nick Timiraos, known as the Fed's 'mouthpiece,' noted that Federal Reserve Chair Powell's Jackson Hole speech increased market expectations for interest rate hikes, though Powell did not specify what would trigger such a move. Markets filled this information

According to Investopedia, Oracle (ORCL) is set to report earnings Thursday after the market close (Sept. 10), with traders expecting the stock could swing up to 11% before the week ends. Based on Wednesday's closing price of $161.63, the stock could climb to as high as $179 or fall below

According to Carsten Brzeski, chief economist at ING, on September 10, if the European Central Bank raises rates further from the current 2.5%, it would signal the need for restrictive monetary policy. Brzeski noted that while eurozone economies have shown resilience this year, this does not

According to Jin10, as of 21:20 on September 10, commodity options showed significant gains. Glass 2610 call options (strike 950) surged 625.0% to 14.5 yuan/ton, while crude oil 2610 call options (strike 820) gained 621.74% to 8.3 yuan/barrel. Other notable movers included PTA 2610 call options (st

Morgan Stanley maintained an Overweight rating and $360 price target on Apple Inc. (NASDAQ: AAPL) following the company's Sept. 9 launch of the iPhone Duo, its first foldable device. Analyst Erik Woodring argued the new hardware represents a meaningful step in innovation and could trigger a

According to ECB President Christine Lagarde, recent inflation has fallen below expectations, with food prices declining particularly. The remarks reflect softer-than-anticipated price pressures in the eurozone amid ongoing monetary policy

According to Jin10, a trade official from Germany's Chamber of Commerce and Industry (DIHK) warned on September 10 that while European Central Bank rate hikes are justified given persistent inflation, many companies will face significant challenges digesting their impact. The official urged the Germ

Poland's central bank increased its gold reserves to 648 tons, according to National Bank of Poland Governor Adam Glapinski on Sept. 10.

According to JPMorgan Chase macro strategist Patrick Ernst, the European Central Bank's rate cut of 25 basis points today (Sept 10) provided limited new market information for the EUR/USD exchange rate. Following better-than-expected U.S. August PPI data, the euro fell 0.2% to 1.1607 against the