Global TradFi & Macroeconomics

The U.S. July PCE price index rose 0.2% month-over-month, exceeding the expected 0.1% increase and reversing the prior month's -0.1% decline.

U.S. core durable goods orders, excluding transportation, rose 0.4% month-over-month in July, according to initial data, falling short of the 0.6% forecast and down from 0.7% in June.

According to U.S. Commerce Department data, the second-quarter personal consumption expenditures (PCE) inflation rate was revised upward to 3.4% annualized quarterly rate, surpassing both the initial estimate

The U.S. core personal consumption expenditures (PCE) price index for the second quarter, on an annualized quarter-over-quarter basis, was revised upward to 3.6%, exceeding the forecast of 3.4% and the initial reading of 3.4%.

The U.S. core PCE price index, which excludes volatile food and energy prices, rose to 3.34% year-over-year in July, surpassing economists' forecast of 3.3% and marking an increase from the previous month's 3.3%.

U.S. second quarter final sales annualized quarterly rate came in at 2.2%, matching both the forecast and the previous quarter's reading, according to U.S. Commerce Department data.

U.S. durable goods orders rose 1.1% month-on-month in July, exceeding expectations of 0.50% and matching the previous month's growth rate.

U.S. non-defense capital durable goods orders excluding aircraft contracted 0.2% month-over-month in July, preliminary data showed, missing market expectations of 0.7% growth and decelerating from June's revised 1.2%

U.S. durable goods orders excluding defense rose 1.3% month-over-month in July. The prior month's figure was revised to 0.3% from an originally reported 0.5%.

According to BitcoinTreasuries.NET, AllianceBernstein has cut Strategy's price target to $350 from $450 while maintaining an outperform rating. The new target price still implies 180% upside potential, suggesting the asset manager's continued confidence in the bitcoin treasury company's

The U.S. real gross domestic product (GDP) annualized quarterly rate for the second quarter was revised to 1.5%, in line with the prior estimate of 1.5% and matching the market expectation of 1.50%.

U.S. personal income rose 0.4% month-over-month in July, exceeding economists' forecast of 0.2% and matching the prior month's revised gain of 0.2%.

According to official data, U.S. capital goods orders excluding aircraft and defense (non-defense capital goods orders) came in at 0.2% for July on a month-over-month basis, falling short of the forecasted 0.90%. The prior month's reading was revised upward to 1.7% from an earlier estimate of 1.20%.

According to Odaily, WeiBit launched Hong Kong's first Bitcoin and gold exchange-traded fund (ETF) on the Hong Kong Stock Exchange today.

According to Odaily, MSCI is considering a rule change to remove companies primarily engaged in asset accumulation rather than operations from its global equity indices. Strategy, which holds over $60 billion in Bitcoin funded through securities issuance, along with Japanese firm Metaplanet and

According to ChainCatcher, five U.S. economic indicators are due for release in 10 minutes: Q2 real GDP annualized quarterly rate (revised), July durable goods orders month-on-month, personal spending month-on-month, and core PCE price index month-on-month and

According to Jin10 Futures, today propylene, PX, ethylene glycol, and methanol futures all hit limit down, while low-sulfur fuel oil fell nearly 9%. Iran said it has reached an agreement with Oman on revenue distribution from the Strait of

According to Foresight News, Coinbase and Better Mortgage have officially launched a cryptocurrency-backed mortgage product now available to the public. Coinbase One members approved for a Better loan receive up to $10,000 in

According to ChainCatcher, Hyperliquid Policy Council (HPC) and TradeXYZ submitted joint comments to the U.S. Commodity Futures Trading Commission (CFTC), calling for energy-linked perpetual contracts to be brought into regulated U.S. markets. This follows the CFTC's May approval of the first

The U.S. will release key economic data at 8:30 a.m. ET (20:30 Beijing time) on August 26, including the Q2 GDP revised estimate, July durable goods orders (initial), July personal income, and July Personal Consumption Expenditures