Global TradFi & Macroeconomics

London Metal Exchange (LME) base metal futures closed mixed today (October 9). Copper rose $231 to $14,540 per ton, while aluminum declined $2 to $3,048. Zinc advanced $87 to $3,806, lead gained $28 to $1,888, and nickel climbed $69 to $15,622. Tin surged significantly by $1,559 to $53,006, while

According to FinanceFeeds reporting on the enforcement campaign, U.S. authorities on September 14 filed a civil forfeiture complaint against approximately $61 million in cryptocurrency allegedly connected to black-market Iranian oil sales. Federal prosecutors in Manhattan identified Chinese

On Friday (Oct 9), German two-year Bund yields rose 1.8 basis points to 3.127%, climbing 5.1 basis points for the week. The 10-year yield declined 1.4 basis points to 3.481% on the day but gained 1.9 basis points weekly. The 30-year yield advanced 3.4 basis points to 3.853% this week.

Block's Cash App will distribute payments from a $15 million settlement to approved claimants in October 2026, following final court approval granted on 27 March 2025 by Magistrate Judge Sallie Kim in the Northern District of California. The settlement resolves allegations in Salinas v. Block,

On Friday, the yield spread between France and Italy's benchmark 10-year government bonds reached a record high of 30 basis points. Investors are now demanding higher compensation for holding French debt over Italian debt—a reversal from last year, when Italy was considered the higher-risk

According to the settlement administrator's alert updated September 28, Block's $15 million Cash App settlement is distributing payments to approved claims in October 2026. The residual fund of $8.48 million, after deducting $5 million in attorney fees, $1.52 million in administrative costs,

According to the Chilean Copper Commission, Codelco produced 101,700 tonnes of copper in August, up 8.9% year-over-year.

According to Chile's National Copper Commission (COCHILCO), Escondida copper mine saw output decline 27.6% to 76,100 tonnes in August. Codelco's Chuquicamata mine also reported a 25.1% drop to 26,500 tonnes for the same

According to the U.S. Bureau of Ocean Energy Management, as of today, 8 of the 11 non-dynamically positioned drilling platforms currently operating in the Gulf of Mexico have evacuated personnel, representing 72.73% of the fleet in the

Following the U.S. non-farm payroll release today, Bitcoin surged to $87,000 before pulling back to $86,773. The cryptocurrency gained over 3% during the session.

According to the U.S. Bureau of Ocean Energy Management (BOEM), on October 10, approximately 71.51% of U.S. Gulf of Mexico oil production and 58.84% of natural gas production have suspended operations.

According to CNBC, telecommunications stocks tumbled on Friday following SpaceX's announcement of a spectrum acquisition to expand Starlink into mobile service. Verizon fell approximately 7%, marking its worst day since 2002, while AT&T declined around 10% and T-Mobile dropped 12%. FCC Chair

According to COMEX, on October 9 at 10 a.m. ET, December gold futures rose $55.30 to $4,312.30 per troy ounce, up 1.33% and marking the highest level since October 2. The advance was supported by easing geopolitical tensions after U.S. President Donald Trump stated on Truth Social that the U.S.

South Korea's pension fund investment pool recorded a monthly return of -2.89% in July, marking its worst performance this year. The decline was driven by AI bubble concerns and rising US Treasury yields that triggered volatility across global financial markets. The year-to-date return fell

U.S. consumer sentiment fell in October, according to data released by the University of Michigan on October 9. The consumer sentiment index came in at 46.3, missing the market forecast of 47.8 and declining from 48.1 in September. Both short-term and long-term inflation expectations rose, with

According to the Planning and Budget Ministry, Korea's pension fund investment pool posted a monthly return of -2.89% in July, marking the year's lowest performance. Year-to-date cumulative returns declined sharply from 8.09% in June to 4.97%, as most asset classes except money market funds and

DA Davidson assessed the prospects of a reported Starbucks acquisition of Chipotle Mexican Grill on Friday, estimating roughly a 20% probability of deal completion while maintaining a Neutral rating and $110 price target on Starbucks stocks. The assessment followed a Financial Times report that Star

According to The Fly, DA Davidson analyst Matt Curtis estimated only a 20% probability that Starbucks' reported potential acquisition of Chipotle would be completed on Friday, while maintaining a 'Neutral' rating and $110 price target on Starbucks. Curtis acknowledged potential growth

RTex Bio Inc., a biotech company backed by Eli Lilly, declined 3.6% on its first day of trading following its U.S. IPO, which raised $116.7 million.