Global TradFi & Macroeconomics

Large Russian telecom operators will begin accepting payments in digital rubles on September 1, Vedomosti reported, citing MTS, Rostelecom, and MegaFon. From this date, all large Russian businesses will be required to be able to process transactions involving the third form of the national currency. An icon with the digital ruble logo should appear in the apps of all systemically important Russian banks—12 in total, including Sber, T-Bank, VTB, and Alfa-Bank. MTS, Rostelecom, and MegaFon prepare

According to Japan Petroleum Association (PAJ), Japan's commercial crude oil inventories increased by 469,084 kiloliters to 12,174,403 kiloliters in the week ending August 22, compared to 11,705,319 kiloliters the previous week. Refinery operating capacity utilization (BPSD) rose to 80.4%

U.S. Treasury Secretary Scott Bessent announced an expansion of long-term Treasury buybacks, sharply raising the per-operation cap for off-the-run 10-year, 20-year, and 30-year Treasury bonds from $2 billion to at least $4 billion. After the announcement, Bitcoin broke above $80k and had surged more than 20% over the week ending August 25, while spot Bitcoin ETFs attracted $650 million in net inflows during the week. Expanded Buyback Size: Per-Operation Cap for Off-the-Run U.S. 10-Year to 30-Yea

US stock index futures declined in cautious trading during the Asian session on the morning of August 26, as investors awaited key economic data releases and corporate earnings. E-mini S&P500 futures fell 0.24% to 7,673.25, while tech-heavy E-mini Nasdaq100 futures dropped 0.58% to 29,108.00 as of 1

According to Reuters, Unitree's stock has fallen roughly 45% from its peak following its recent Shanghai STAR Market initial public offering, which surged 460% on the first trading day—significantly outpacing the average 226% first-day gain for Chinese IPOs over the past three years. The company's m

According to Bloomberg, co-founder Jack Ma purchased over HK$600 million (US$76.5 million) in Alibaba shares in recent days as the Hangzhou-based ecommerce and cloud computing company ramps up artificial intelligence investment. Senior executives Joe Tsai and Eddie Wu also bought at least US$20 mill

According to Jin10, on August 26, offshore CNH HIBOR rates showed mostly downward movement. Two-week HIBOR fell to 1.42576%, marking the lowest level since July 31. Overnight HIBOR declined 3 basis points to 1.39053%, while one-week HIBOR held steady at 1.42303% and one-year HIBOR rose slightly to 1

Grayscale’s Zcash ETF (ZCSH) officially listed on NYSE Arca on August 25. According to Grayscale’s official statement, ZCSH is the first ETF to offer spot exposure to Zcash, allowing investors to gain spot exposure to ZEC through a regular brokerage account. Before the ETF listing, ZEC briefly reached $880, its highest level in nearly eight years. ZCSH Listing Details: Prospectus States It Is Not Registered Under the Investment Company Act of 1940 ZCSH began trading on NYSE Arca on Tuesday, Augu

Stanford University economics professor Hanno Lustig published a research paper concluding that bond markets and US policy authorities have reached their widest-ever divergence on the premium attached to US Treasury safety and liquidity. The paper, titled 'America's Dangerous Debt: What

According to Stanford University, economist Hanno Lustig released a paper on August 25 arguing that U.S. policymakers and the bond market hold sharply diverging views on American Treasury security. While policymakers treat Treasuries as safe assets guaranteed by future tax revenues and Federal

According to Standard Chartered, on August 26, the bank raised its forecast for South Korea's final policy rate to 3.50% from 3.25%, though it expects the pace of rate increases to remain gradual. SC forecasts the Bank of Korea will hold rates in August before a potential additional hike in

U.S. stock futures showed diverging movements in overnight trading on Tuesday, with Dow futures climbing 0.04% while S&P 500 futures fell 0.08% and Nasdaq-100 futures lost 0.19% at 10:58 PM EDT. Investors are awaiting results from Nvidia Corp. (NVDA), expected after the market closes on Wednesday.

Tesla Inc. stock gained 12% over the past month, outperforming Nvidia and Alphabet, as Terafab AI signed a Texas tax-value limitation agreement Tuesday with Anderson-Shiro Consolidated Independent School District. The agreement covers construction at the Grimes County semiconductor facility from

Terafab AI, backed by Tesla and SpaceX, signed a tax-value limitation agreement for its Grimes County, Texas chip facility on August 25, covering construction through December 2028. The companies plan to initially invest $16.8 billion and create at least 3,000 jobs, according to the agreement

U.S. stock futures moved in opposite directions late Tuesday ahead of Nvidia Corp.'s (NVDA) second-quarter earnings release expected after market close on Wednesday. Dow futures climbed 0.04%, while S&P 500 futures fell 0.08% and Nasdaq-100 futures declined 0.19% at 10:58 PM EDT. According to

According to Bitget's official announcement, the exchange has launched perpetual futures contracts for DJT (Trump Media & Technology Group). The contracts are settled in USDT and support up to 20x leverage with 24/7 trading

Japan's Financial Services Agency, Ministry of Finance, Bank of Japan, and financial institutions are developing blockchain infrastructure for 24-hour settlement. Nikkei reported on August 26 that a review committee will launch this summer, with a concrete plan expected by early 2027. The system

According to Nikkei, Japan's government, Bank of Japan (BOJ), and financial institutions plan to establish blockchain-based financial infrastructure enabling 24-hour settlement of government bonds and equity trades. A review committee will be launched this summer, with concrete implementation

Chinese technology companies raised 119 billion yuan in initial public offerings during the third quarter, surpassing the 114 billion yuan raised in the third quarter of 2023, according to Bloomberg on the 26th (local time). Memory chip maker ChangXin Memory Technologies (CXMT) raised up to 66.61 bi

According to Bloomberg, Chinese companies' initial public offerings reached 119 billion yuan (approximately $24.4 billion) in Q3 2026, surpassing the same period in 2023, as artificial intelligence and semiconductor investments drive IPO momentum. However, recent listings have seen significant