Global TradFi & Macroeconomics

According to Wall Street Journal reporter Nick Timiraos, Federal Reserve Chair Kevin Powell faces a critical question in his major speech this week at Jackson Hole: whether elevated U.S. inflation stems from one-time shocks such as tariffs and geopolitical tensions, or reflects an overheating

European markets closed higher on August 26. Germany's DAX 30 index rose 0.32% to 26,349.22 points. France's CAC 40 climbed 0.54%, Italy's FTSE MIB gained 0.54% with the banking index jumping 1.07%, and the UK's FTSE 100 edged

According to WSJ, JPMorgan Chase, Bank of America, Wells Fargo, and Santander are advancing plans to form a global stablecoin alliance to explore stablecoin infrastructure jointly supported by major financial institutions. The alliance aims to collaborate on bank-issued or bank-backed stablecoins fo

According to Beating, copper prices in Taizhou's scrap market surged to 90,000–100,000 yuan per ton during July–August, traditionally a low season, with demand increasing two to threefold. High-quality inventory was often sold before arriving or even before processing. Regional producer Zhejiang Ju

According to Guru Club, China's commodity futures market saw broad gains in the overnight session on August 26, with oil seeds and oilseeds leading the rally. CZCE rapeseed meal rose 1.97%, while energy products gained across the board, with DCE LPG up 1.97%. Agricultural products also advanced, wit

Nvidia reports its second-quarter fiscal 2027 earnings after the US market closes Wednesday, with guidance for approximately $91 billion in revenue. The chipmaker's first-quarter sales reached a record $81.6 billion, with Data Center revenue alone at $75.2 billion, up 92% year-over-year. The earning

According to Coinpaper, Nvidia will report fiscal Q2 2027 earnings after the US market closes Wednesday, with guidance for $91 billion in revenue, plus or minus 2%. The chipmaker's first-quarter sales reached a record $81.6 billion, with Data Center revenue alone totaling $75.2 billion, up 92%

According to xStocks, MUx, SKHYx, NVDAx, QQQx, and SPYx launched as native spot markets on Hyperliquid on August 26, enabling 24/7 trading. Each asset has approximately $1 million in liquidity with average spreads of 8-12 basis points. The tokens represent economic exposure only and are not

The US Commerce Department reported on the 26th (local time) that the core Personal Consumption Expenditures (PCE) price index for July matched market expectations. The core PCE, the Federal Reserve's preferred inflation gauge, rose 0.2% month-over-month and 3.3% year-over-year, both in line with fo

According to recent research, tokenized stock perpetual contract trading volume surged from approximately $16 billion in 2025 to over $590 billion year-to-date as of August 26, 2026, while spot trading volume exceeded $88 billion. The market features three primary structural models: issuer-backed t

Better Mortgage and Coinbase announced Wednesday their token-backed mortgage is now generally available to Coinbase One members. The expanded offer became available to Coinbase One members on Aug. 12, allowing eligible borrowers to pledge crypto as collateral in the homeownership process. The

According to the U.S. Commerce Department, the nation's second-quarter real GDP grew at an annualized rate of 1.5% on a seasonally adjusted basis on August 26, matching market expectations and the preliminary estimate. The growth was slower than the first quarter's 2.1%. The revisions reflected

According to a joint statement, Coinbase and Better Mortgage made their token-backed conforming mortgage generally available to Coinbase One members on Aug. 12, allowing eligible borrowers to pledge crypto as collateral. Approved borrowers receive a lender credit equal to 1% of the mortgage value, c

According to The Block, Better Mortgage and Coinbase have fully opened their crypto-collateralized mortgage product to Coinbase One users on August 26. The offering allows borrowers to use BTC and USDC as down payment collateral without selling their holdings. Eligible Coinbase One users receive a 1

According to Bloomberg, citing knowledgeable sources, JPMorgan Chase recently evaluated launching its own stablecoin. The evaluation reflects the bank's ongoing interest in blockchain and digital asset

According to Jin10, data released on August 26 showed the U.S. July PCE price index, the Federal Reserve's preferred inflation gauge, remained at 3.7% year-over-year, higher than economist expectations of 3.6%. The print marks the 65th consecutive month above the Fed's 2% target. Separately, the

According to Bloomberg, French-German tank manufacturer KNDS NV plans to restart investor meetings regarding a potential initial public offering as early as late September. The company will hold meetings next week to brief investors on the latest developments, after a defense sector downturn

According to Morningstar, Ed Yardeni, president of Yardeni Research and longtime Wall Street bull, has raised his S&P 500 year-end target three times this year, from 7,700 to 8,250 and then to 8,400. Yardeni argues the current market rally is driven by "excellent earnings momentum" (FEMO) rather

According to Morgan Stanley's Chief Economic Strategist Ellen Zentner, August's core personal consumption expenditures (PCE) price index rose 0.2% month-over-month and 3.3% year-over-year, both in line with expectations. Zentner noted that while the data showed a modest upside surprise in

According to the U.S. Energy Information Administration (EIA), American refinery utilization rates rose to their highest level since September 2018 in the latest week.