Global TradFi & Macroeconomics

According to Reuters, on August 27, Nvidia reported second-quarter fiscal 2027 revenue of $96.21 billion, up 18% quarter-over-quarter and 106% year-over-year, beating expectations. Data center revenue reached $89 billion, up 117% annually. The company provided full-year 2028 guidance of

When a Bitcoin miner begins removing racks and power from mining machines and replacing them with NVIDIA GPUs, its financial results are bound to go through a painful transition period of being “neither here nor there.” IREN latest earnings report happens to capture a cross-section of this transition: quarterly AI Cloud revenue surpassed $70.5 million, overtaking Bitcoin mining for the first time, but the company’s total revenue declined sequentially, while adjusted EBITDA came in far below Wall

According to Okasan Securities economist Ko Nakayama, Tokyo's August consumer prices rose 1.9% year-over-year on August 28, up from 1.8% in July, reflecting mounting cost pressures from Middle East-driven oil price increases. Daily household goods including tissue paper, plastic bags, and food

According to CoinDesk’s report on Aug. 28, NBA star Kevin Durant’s early investment in Hugging Face through Thirty Five Ventures is estimated to have generated proceeds of more than $60 million following NVIDIA’s announcement that it had agreed to acquire Hugging Face for $12.9 billion. Hugging Face: From a Teen Chatbot to an Open-Source AI Platform Based on publicly available financial records, the timeline of Hugging Face’s funding rounds and Durant’s participation is as follows: 2018 Seed Rou

Japan's Chief Cabinet Secretary Minoru Kihara said today that if additional budget measures are necessary, they should be limited to emergency situations only. The statement reflects the government's cautious approach to fiscal policy amid economic

South Korea's 91-day Certificate of Deposit (CD) rate surged 15 basis points to 3.120% in a single day following the Bank of Korea's August rate hike, its second consecutive monthly increase after July. The jump narrowed the spread with 3-month AAA-rated bank

Japan's Ministry of Internal Affairs and Communications reported that Tokyo's August core consumer price index (CPI), excluding fresh food, rose 1.8% year-over-year, exceeding the market expectation of 1.7%. The increase was slightly lower than the previous month's 1.9% rise. Tokyo's core CPI has re

According to Yonhapinfomax, South Korea's Korea Investment Corporation (KIC) held the 31st New York Financial Forum on August 27 at the Consulate General of Korea in New York, bringing together Korean financial professionals and local

According to Financial Supervisory Service disclosures, private equity firm Glenwood Credit divested its entire 6.72% stake in South Korean cosmetics exporter SiliconToo (257720) via block deal yesterday, selling 4.404 million shares at 47,800 won per share for approximately 210.5 billion won. The f

According to Yonhapnews, on August 28, South Korea's CD (Negotiable Certificate of Deposit) rates surged 15 basis points to 3.120% following the Bank of Korea's back-to-back interest rate increases in July and August. The 91-day CD rate jump narrowed the spread against three-month bank bonds to

According to Japan's Ministry of Internal Affairs and Communications on August 28, Tokyo's core consumer price index (excluding fresh food) rose 1.8% year-over-year in August, exceeding market expectations of 1.7%. The core-core CPI (excluding fresh food and energy) increased 2.0%, unchanged from

South Korea's foreign exchange swap market is experiencing a dollar surplus and won shortage, which analysts say may become a variable at the Bank of Korea's October monetary policy committee meeting. The central bank raised its benchmark rate

Federal Reserve Chair Kevin Warsh faces calls from Wall Street experts to use his Jackson Hole symposium debut speech to clarify communication missteps from the July Federal Open Market Committee meeting. Former Dallas Federal Reserve President Robert Kaplan stated on '27일' through Yahoo Finance

UBS Asset Management diagnosed on the 27th (local time) that bond markets are pricing in factors beyond simple inflation. The asset manager explained through a company post that while recent declines in long-term interest rates and oil prices provided drought-breaking relief to bond markets, these p

The Trump administration signed an executive order on May 26 (local time) restricting imports of foreign electrical equipment to protect the US national power grid. The order targets transformers and circuit breakers used in large-scale power systems operating above 69,000 volts, prioritizing

According to former Dallas Fed President Robert Kaplan on August 27, Fed Chair Kevin Powell must explain the central bank's July decision when delivering his maiden Jackson Hole speech. Wall Street economists urged Powell to clarify policy communication after internal divisions emerged, with three d

According to Yonhap Infomax, on August 28, South Korea's foreign exchange market showed signs of won shortage amid persistent dollar inflows, with the arbitrage incentive index falling to -44 basis points—well below the 2020-2025 average of 44bp. The Bank of Korea noted that South Korea's

According to UBS Asset Management on August 27, the bond market is pricing in structural factors beyond inflation, with Federal Reserve uncertainty driving elevated risk premiums. The asset manager noted that recent declines in long-term rates and oil prices provided temporary relief but did not

According to Jin10, the People's Bank of China conducted reverse repo and medium-term lending facility (MLF) operations on August 28. The central bank injected 200 billion yuan in 7-day reverse repos and 3,330 billion yuan in overnight reverse repos, while 950 billion yuan in 7-day repos and 5,035 b

According to HSBC, Federal Reserve Chair Kevin Wash is expected to deliver remarks at the Jackson Hole Economic Symposium that could help arrest ongoing selling pressure in U.S. long-term Treasury bonds. The bank stated that if the Fed can more clearly articulate its response function to