Global TradFi & Macroeconomics

Nvidia closed down 4.57% at $217.55 on August 28, while gaining 1.32% for the week.

According to Bitcoin.com News, Bitcoin ETFs crossed the $100 billion asset threshold on Thursday, attracting $242.24 million in inflows and extending a 9-session inflow streak. Total Bitcoin ETF assets reached $100.93 billion, led by $277.61 million into BlackRock's IBIT. Ethereum ETFs

This week, the S&P 500 gained approximately 0.4%, the Dow Jones Industrial Average rose 0.5%, and the Nasdaq-100 climbed 0.8%. However, the semiconductor index declined 2.2%, while the memory chip index fell 3.7%. Tech megacap stocks rose 2.5%, and software ETF gained 6%. On Powell's debut at the

According to MoneyDJ, U.S. rare earth companies received major government support in August. USA Rare Earth (USAR) completed a $1.55 billion capitalization for its Serra Verde Phase 1 special purpose vehicle on August 24, with the U.S. government contributing $750 million and establishing a

Bitcoin rallied above $80,000 this week, lifting crypto stocks as miners and digital asset treasury companies posted double-digit gains. The rally tracked a broader recovery fueled by the US Treasury's plan to double certain long-dated bond buybacks. Bitcoin extended its weekly advance past 23%,

According to S&P Global, the ratings agency downgraded Oracle's credit rating in July to BBB-, the lowest tier of investment grade, citing material credit risks from aggressive AI infrastructure spending and uncertain cash flow returns. Oracle has posted negative free cash flow for five

According to Chosun Biz, U.S. stock indices opened mixed on August 28 as investors awaited Federal Reserve Chair Kevin Wash's Jackson Hole speech. The Dow Jones Industrial Average rose 0.21% to 53,679.42, while the S&P 500 gained 0.10% to 7,738.47. The Nasdaq Composite declined 0.02% to 26,535.02. I

According to Jin10, on August 28, crude oil futures declined. WTI light sweet crude for October delivery fell 13 cents to $83.40 per barrel, down 0.16%, while Brent crude for October delivery dropped 39 cents to $89.31 per barrel, down 0.43%.

According to Iranian President Masoud Pezeshkian, Iran sold approximately 90 million barrels of oil during the execution period of a temporary agreement.

Ahead of Energy Transfer LP's Hugh Brinson pipeline commencing operations on September 1, U.S. natural gas futures declined. The pipeline in Texas is expected to transport approximately 2.2 billion cubic feet of natural gas daily from

According to Argus Research Corp., Moderna Inc. (MRNA) was upgraded recently to Buy from Hold, citing positive melanoma vaccine data and upside potential for the stock price. Analyst Jasper Hellweg noted that despite a decline exceeding 70% from its historical high over the past five years, a

Chinese mainland stocks closed mixed on August 28, with the Shanghai Composite Index declining 0.11% to 3,952.18 points while the Hang Seng Index in Hong Kong edged up 0.07% to 25,584.79 points. Technology and growth stocks faced selling pressure, with the ChiNext Index dropping 1.41% and the

According to Jin10, the U.S. Dollar Index rose 0.55% on August 28, closing at 99.703 in New York forex trading. The euro weakened to 1.1580 per dollar from 1.1649, while sterling declined to 1.3531 per dollar from 1.3589.

According to the U.S. Commodity Futures Trading Commission (CFTC), Bitcoin net long positions reached 1,949 contracts in the week ending August 25.

According to MoneyDj, the Shanghai Composite Index fell 0.11% to close at 3,952.18 points on August 28, while the Hang Seng Index rose 0.07% to 25,584.79 points. On a weekly basis, the Shanghai Composite gained 1.20%, while the Hang Seng declined 1.63%. Tech-related stocks faced selling pressure,

According to the U.S. Commodity Futures Trading Commission, WTI crude oil speculators increased their net long positions by 804 contracts to 103,078 for the week ended August 25.

According to the CFTC, natural gas speculators on NYMEX and ICE reduced their net short positions by 27,238 contracts to 39,598 during the week ended Aug 25.

According to the U.S. Commodity Futures Trading Commission (CFTC), for the week ended August 25, the Japanese yen held net short positions of 63,298 contracts, while the euro stood at 36,352 contracts. The British pound recorded net short positions of 44,524 contracts, and the Swiss franc at 19,946

According to CNBC, BlackBerry has shifted its business focus to automotive and robotics software through its QNX operating system division. BlackBerry's QNX is embedded in 275 million vehicles and powers safety-critical features ranging from braking systems to semi-autonomous driving functions.

According to Cryptoreviewing, Bitcoin fell from $81,455 to $76,877 overnight on August 28 following Federal Reserve Chair Kevin Warsh's Jackson Hole address. The pullback triggered $107 million in derivatives liquidations, with $50 million in long positions and $57 million in shorts wiped out.