Global TradFi & Macroeconomics

Novo Nordisk's US-traded shares dropped more than 5% on Tuesday after the Danish drugmaker released updated 2026 guidance that appeared to disappoint investors. The company now expects adjusted sales to be down 6% to flat at constant exchange rates, compared to a previous forecast of down 4% to 12%,

According to Bloomberg, OPEC's oil production increased by 1.16 million barrels per day in July to 19.44 million barrels per day. Kuwait, Saudi Arabia, and Iraq led the output growth.

According to CNBC, Novo Nordisk shares dropped more than 5% on Tuesday after the Danish drugmaker released 2026 guidance that fell short of investor expectations. The company narrowed its adjusted sales forecast to a decline of 6% to flat at constant exchange rates, up from its prior guidance of 4%

According to Bloomberg, Abercrombie & Fitch is exploring strategic options for its China operations, including bringing in local partners and potentially selling a stake in the business. The U.S.-listed fashion brand is working with an advisor to evaluate its Chinese assets, which could be valued at

According to Reuters on Tuesday (August 4), Lockheed Martin, the world's largest defense contractor, is negotiating with U.S. and Canadian miners to secure supplies of vanadium and germanium amid Trump administration pressure to reduce dependence on Chinese supply chains for military applications in

Spot silver broke through $60 per ounce today (August 4) for the first time since July 27, gaining 3.14% intraday.

On August 4, the Federal Reserve's overnight reverse repurchase agreement (RRP) facility saw usage of $2.251 billion across 3 counterparties, up from $2.127 billion on the previous trading day.

Jeff Bezos filed a Form 144 notice to sell 15 million Amazon.com Inc. (AMZN) shares valued at approximately $4.07 billion, priced at Friday's closing price of $271.58 per share. Amazon fell more than 2% on Tuesday after closing at a record $284.02 on Monday and surpassing $3 trillion in market value

On Tuesday, August 4, Jeff Bezos filed a Form 144 to sell 15 million Amazon shares worth approximately $4.07 billion, as AMZN fell more than 2% after the stock hit a record $3 trillion market cap on Monday. The shares are priced at $271.58 each, Friday's closing price, though Amazon closed at $284.0

According to Gate's market data, the Nasdaq 100 index rose 3% today (August 4), reaching intraday highs. Palantir (PLTR.N) surged nearly 30%, while Arm (ARM.O) gained 15%, SanDisk (SNDK.O) climbed over 11%, and Intel (INTC.O)

According to CME FedWatch data, as of August 5, the probability of a 25 basis point rate hike in September reached 56.9%, while odds of holding rates steady stood at 43.1%.

Spot gold touched $4,100 per ounce today (August 4), gaining 1.11% intraday.

The S&P 500 reached a new intraday record on Tuesday, climbing above 7,700 for the first time as investors returned to risk assets. The benchmark index hit 7,716.62 during the session, while the Dow Jones Industrial Average gained more than 900 points and the Nasdaq advanced approximately 2%. The ra

The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has fined UBS Financial Services $125 million for willful Bank Secrecy Act violations. The penalty represents the largest civil sanction ever assessed against a broker-dealer for anti-money laundering rule

According to CNBC, Procter & Gamble (PG-US) will acquire nutrition supplement brand Thorne for $3.8 billion to expand its health and wellness portfolio and attract younger, health-conscious consumers. The stock rose 1.2% on August 4. PG CEO Shailesh Jejurikar confirmed the deal, stating Thorne is we

The US Department of Commerce reported on local time August 4 that the June trade deficit reached $73.3 billion. The figure exceeded the market forecast of $73 billion compiled by Yonhap Infomax, while the prior month's deficit was revised to $77.6 billion. The deficit occurred as both exports and i

According to the U.S. Department of Commerce, the U.S. goods and services trade deficit reached $73.3 billion in June, exceeding market expectations of $73 billion. June exports declined to $314.7 billion, down $2.9 billion from the prior month, while imports fell to $388 billion, down $7.3 billion

On August 4, London Metal Exchange commodities closed with mixed gains. Tin led gains with a $543 surge to $55,989 per ton, while nickel rose $133 to $17,193 per ton. Copper climbed $196 to $14,066 per ton, and zinc advanced $32 to $3,674 per ton. Lead gained $29 to $1,896 per ton and aluminum