Global TradFi & Macroeconomics

NYMEX silver declined to $69 per ounce intraday today (August 28), down 0.33% during the session.

According to Bitcoin News, at his first Jackson Hole speech, Federal Reserve Chair Kevin Warsh warned that inflation remains elevated above the Fed's 2% target. The PCE price index rose 3.7% year-over-year and 4.1% on a six-month annualized

According to market pricing, the Federal Reserve is expected to have approximately a 50% probability of raising interest rates in September.

According to Kitco News, spot gold traded near $4,593.20, down 0.16%, while silver rose 1.50% to $70.17 in early Friday trading (Aug 28) as markets awaited Fed Chair Kevin Warsh's Jackson Hole keynote speech and the Labor Department's preliminary payroll benchmark revision, both scheduled for 10 a.m

According to UBS Chief Investment Office, gold prices could reach $5,400 per ounce over the next 12 months, driven by accelerating de-dollarization and dollar weakness. The Swiss bank noted that gold has risen approximately 15% this month, with the dollar index declining 2.4% over the past month. UB

According to Farside Investors data, U.S. spot Ethereum ETFs saw net inflows of $225.8 million on Thursday, their strongest single day in 10 months. The funds have now logged nine consecutive sessions of net inflows since August 17, worth $1.42 billion in total. BlackRock's ETHA accounted

According to the U.S. Bureau of Labor Statistics, preliminary benchmark revisions for nonfarm payrolls through March 2026 showed a downward adjustment of 79,000 jobs. The final benchmark revision will be released in February 2027 alongside the January employment

According to Jin10, USD/JPY rose 0.3% to 159.86 on August 28, reaching its highest level since July 31.

According to MoneyDJ, on Aug 28, the Shanghai Composite Index closed at 3,952.18 points, down 0.11%, with four consecutive daily gains; the Shenzhen Component Index fell 0.68%, and the ChiNext Index dropped 1.41%. Growth and technology stocks faced selling pressure as market sentiment turned

According to Morgan Stanley strategists Laura Wang, Chloe Liu, and Vicky Wu, the firm is shifting its investment focus to Chinese A-shares after taking profits on Hong Kong stocks. The strategists cited three key drivers: stabilizing global markets, renewed momentum in the AI supercycle, and

According to MoneyDj Financial, the U.S. rare earth sector received significant government support in late August. On August 24, USA Rare Earth (USAR) completed a $1.55 billion capitalization for a special purpose vehicle acquiring Serra Verde's Phase 1 production capacity, with the U.S. government

Marvell Technology's shares fell 8.2% in early premarket trading on August 28 after the chipmaker failed to provide a meaningful increase to its long-term revenue outlook in its second-quarter earnings report, despite signing a major AI chip deal with Google. The decline marks the stock's worst

According to Fed Chair Kevin Walsh's prepared remarks for the Kansas City Federal Reserve's economic symposium on Friday, the central bank reaffirmed its 2% inflation target measured by the Personal Consumption Expenditures (PCE) price index as a firm and immovable goal. "There should be no

The U.S. two-year Treasury yield rose to 4.286%, marking its highest level since July 31.

SC crude oil futures main contract rose more than 2% intraday on August 28, trading at 604.30 yuan per barrel.

On Aug 28, Shanghai silver futures (SHAG2610) retreated sharply intraday to 16,847 yuan per kilogram, narrowing gains to 0.10% from an intraday high of 17,388 yuan per kilogram. Trading volume exceeded 53 billion yuan with open positions increasing by approximately 1,300 contracts. Shanghai gold fut

According to BlockBeats, Federal Reserve Chair Walsh stated on August 28 that forward guidance should have a limited role in monetary policy. Market participants should focus on real economic information rather than forward-looking guidance based on outdated or inaccurate data. Walsh also noted that

Spot gold broke below $4,560 per ounce intraday today, with a decline of 0.91% during the trading session.

According to CNBC, on August 28, Affirm Holdings (AFRM) reported fiscal fourth-quarter revenue of $1.16 billion, up 33% year over year and beating the $1.11 billion consensus estimate. CEO Max Levchin said the buy-now, pay-later company has achieved more than 30% growth for 11 straight quarters

Spot gold fell below $4,570 per ounce intraday on August 28, retreating approximately $60 from earlier highs and declining 0.89% for the day.