Global TradFi & Macroeconomics

Nvidia closed Friday, October 16, 2026, at $214.13, down $3.10 or 1.43 percent from Thursday's $217.23, marking a weekly decline of 6.61 percent from the October 9 close of $229.28. The drop occurred within the

Nvidia stock closed Friday, October 16, 2026, at $214.13, down $3.10 or 1.43 percent from Thursday. For the week from the October 9 close of $229.28, the stock declined $15.15 or 6.61 percent. The decline does not reflect a fundamental break in AI demand; Friday's single-day drop of 1.43 percent

Bank of Canada Governor Macklem said on Saturday that higher oil prices are increasingly supporting Canada's economic growth, and he expects the central bank to release an elevated inflation forecast by month-end. Speaking during the International Monetary Fund and World Bank Group meetings in

According to Bank of America, September inflation data released on October 14 strengthened the case for a Federal Reserve rate hike in October. U.S. consumer price inflation rose 3.7% year-over-year, above August's 3.4%, while core CPI excluding food and energy reached 2.6%—both exceeding the Fed's

Netflix closed Friday 16 October 2026 at $70.53, down $2.08 or 2.86 percent from Thursday's $72.61, as the stock experienced volatility ahead of its third-quarter earnings report scheduled for Tuesday 20 October 2026. The week of 12-16 October was actually up $0.23 or 0.33 percent from the prior Fri

According to Nasdaq historical data, Netflix (NFLX) closed on Friday, 16 October 2026, at $70.53, down $2.08, or 2.86 percent, from Thursday's $72.61. For the week of 9-16 October, the stock rose $0.23, or 0.33 percent, from $70.30. The 6.35 percent decline measured from the 17 September close of $7

On Sunday, October 18, Saudi Arabia's main stock index closed up 0.82% at 10,189.77 points, recovering from a three-year low of 10,106.54 points reached on Thursday. Saudi Aramco shares rose 2.06% to 25.80 Saudi riyals, leading the day's

According to PANews, Michael Saylor, founder and executive chairman of MicroStrategy, posted a Bitcoin Tracker-related update today (October 18). Following established patterns, MicroStrategy typically discloses its Bitcoin holdings changes the day after such announcements by Saylor.

The Nasdaq-100 closed October 16 at 29,187.55, down 6.52% from its October 6 closing high of 31,224.69, falling short of the 10% correction threshold of 28,102.22. The decline was driven by a concentrated selloff in semiconductor stocks, with the SMH chip ETF falling 14.66% from its October 6 close

According to Nasdaq historical data, on Friday October 16, Nasdaq-100 closed at 29,187.55, down 6.52% from October 6's closing high of 31,224.69. The week saw a 5.49% decline from October 9's close of 30,883.15. While Nasdaq-100 has not reached the 10% correction level of 28,102.22, semiconductor-f

According to Iran's Islamic Revolutionary Guard Corps Navy, a second supertanker struck a mine and caught fire in the Strait of Hormuz on October 17, resulting in a violent explosion. The vessel was carrying over 2 million barrels of crude oil, according to the statement cited by Tasnim and Xinhua N

According to ChainCatcher, next week will feature China's release of third-quarter GDP and September retail sales figures. Tech giants Meta and Tesla are also scheduled to report earnings. Additionally, the 2026 Financial Street Forum annual conference will take place in Beijing through

According to ChainCatcher, Samsung Electronics will adopt TSMC's 3nm process to produce next-generation customized HBM base dies for Nvidia. This marks Samsung's first collaboration with TSMC in the HBM manufacturing stage. Nvidia requires Samsung, SK Hynix, and Micron Technology to manufacture

According to Ukrainian defense enterprise official announcement, Ukrainian forces struck a data center in St. Petersburg, the Ruchyi oil storage facility, and St. Petersburg oil terminal early morning on October 18 using FP-1 drones. Fires broke out in the oil storage and terminal areas, while the d

According to Kyodo News on October 17, Japan's government is considering raising corporate income taxes to fund defense spending, with a five-year defense budget potentially expanding to 70–80 trillion yen (approximately $4.4–5.1 trillion) through fiscal 2031. The new defense force buildup plan

In US Stock Market News, the tech-heavy Nasdaq index plunged 2.15% on Friday as major semiconductor stocks suffered heavy losses. AMD, Intel, and Micron Technology all recorded declines of over 5%, while the Philadelphia Semiconductor Index dropped nearly 4%, extending its losing streak to 8

The Invesco S&P 500 Equal Weight ETF (ticker RSP) closed at $214.09 on 16 October 2026, down $0.91, or 0.42%, from the previous session's $215.00. The closing price remains $8.68, or 3.90%, below the highest close recorded in the Nasdaq historical file, $222.77 on 14 August 2026. The decline

According to CBS interview today, U.S. Vice President JD Vance stated that American gasoline prices would be twice as high without the U.S. Navy ensuring the safe passage of oil and natural gas through the Strait of Hormuz. "Gas prices are too high now, but if the Navy doesn't secure the flow, price

Four Nasdaq-tracking exchange-traded funds will halt trading on October 19, 2026 from market open until 10:30 AM: Huatai-Piper Nasdaq ETF, Bosera Nasdaq 100 ETF, Guotai Nasdaq ETF, and Fuguo Nasdaq ETF.

According to analysts from DataTrek Research and BCA Research, the Philadelphia Semiconductor Index (SOX) fell for an eighth consecutive trading day on Friday (October 16), marking its longest losing streak in 18 years. Analysts attribute the decline to what DataTrek co-founder Nicholas Colas