Global TradFi & Macroeconomics

Offshore yuan (CNY) hit 6.7195 against USD at 03:00 Beijing time today, appreciating 112 points from Friday's close. Trading volume reached 26.081 billion USD.

According to CoinGecko data, Bitcoin held around $78,623 on Monday, down just 0.7% over 24 hours despite a weekend of escalating geopolitical tensions and hawkish Federal Reserve signals. The token is on track to close August with a gain exceeding 24%,

According to Reuters, on August 31, U.S. Treasury Secretary Scott Bessent stated during the G20 Finance Ministers meeting in Asheville, North Carolina, that he believes Japan's government and the Bank of Japan will take action to strengthen the yen. Bessent indicated he possesses information the

U.S. stock markets opened lower on Monday, August 31, as surging oil prices and rising Treasury yields revived inflation concerns. The S&P 500 declined 0.18% to 7,697.52, while the Dow Jones Industrial Average fell 97.4 points to 53,462.6. The Nasdaq Composite slipped 0.17% to 26,358.56. Brent

Goldman Sachs, Jane Street, and Millennium Management emerged as the top holders of spot Ripple ETFs according to Q2 13F filings. The disclosure was shared by CryptoTwitter influencer @JSeyff. The filings provide insight into institutional interest in Ripple-related investment products as major

According to Q2 2026 13F filings shared by CryptoTwitter influencer @JSeyff, Goldman Sachs, Jane Street, and Millennium Management have emerged as the top institutional holders of spot Ripple ETFs. The filings provide insights into major financial institutions' interest in Ripple as a digital

According to TankerTrackers, Arab nations have transported an average of 6.92 million barrels of crude oil daily outside U.S. Navy blockade lines over the past 28 days. Of this volume, 2.53 million barrels per day originated from oil terminals along the Oman coast, while the remaining 4.39 million b

On August 31 evening, Shanghai Gold Exchange gold T+D closed down 1.16% at 957.7 yuan per gram, while silver T+D fell 1.78% to 16,150 yuan per kilogram.

Shanghai Futures Exchange crude oil 2610 contract rose 3.36% overnight to 637.20 yuan per barrel. Shanghai gold and silver fell 1.88% and 2.74% respectively during the same session.

PG&E (PCG) and Edison International (EIX) stocks crashed more than 20% each on Monday following California's passage of wildfire legislation SB 492, which failed to provide the financial protections Wall Street had expected. The selloff followed downgrades from BMO, Mizuho, and Wells Fargo, with

According to BMO, Mizuho, and Wells Fargo, shares of PG&E (PCG) and Edison International (EIX) crashed over 20% each on Monday after California's latest wildfire legislation failed to provide the financial protections Wall Street had anticipated. The selloff followed several downgrades as analysts w

The Securities and Exchange Board of India (SEBI) has extended the implementation timeline for revised ETF trading norms. The extension aims to facilitate smoother compliance among market participants. This decision reflects SEBI's understanding of the operational challenges and complexities

Intercontinental Exchange and tZERO announced Monday a memorandum of understanding to collaborate on infrastructure for tokenized securities. Under the agreement, tZERO will serve as a premier design partner for digital transfer agent and broker-dealer infrastructure to support on-chain settlement o

The average rate on the 30-year fixed mortgage jumped to 6.87% on Monday, the highest level since June 2025, according to Mortgage News Daily. The increase follows renewed hostilities in the Iran war that pushed oil prices higher, driving bond yields up and mortgage rates along with them. This

According to Mortgage News Daily, the average 30-year fixed mortgage rate jumped 6 basis points to 6.87% on Monday, marking its highest level since June 2025, as renewed hostilities in the Iran war pushed oil prices higher and drove bond yields up. The rate has climbed 12 basis points since

From 17:30 to 17:45 UTC on August 31, 2026, BTC rose 0.47% over the short term, trading in a range of 78,538.6–79,000.0 USDT, with an amplitude of 0.59%. The 24-hour loss narrowed to 0.56%, while the price remained near $78,743.5, moving sideways within the $77,000–$79,200 range amid a clear standoff between bulls and bears. The primary driver of this volatility was the direct escalation of the US-Iran military conflict. The US launched airstrikes against rocket launchers on Iran’s Larak Island

According to Wells Fargo analyst Timna Tanners, Canada's recent retaliatory tariffs on U.S. steel and aluminum products are largely symbolic in nature. Tanners noted that rising Canadian steel prices have incentivized domestic producers to retain output for the domestic market rather than export to

According to Aon's announcement, Aon agreed to acquire USI Insurance Services for $17 billion in cash on August 31, with the deal expected to close in the fourth quarter of 2026 subject to regulatory approval. Aon shares fell roughly 7% on the announcement, while KKR gained approximately 2%. KKR, w