Global TradFi & Macroeconomics

The U.S. weekly oil drilling rig count through August 21 will be released shortly.

ConocoPhillips' stock is trading near $135 following a six-day rally that has lifted the oil and gas company 8.6% since its last session. The current move puts it on track for a new closing high for the first time since November 2022, based on historical data dating back to 1972.

According to ChainCatcher, artificial intelligence cloud company Nscale plans to seek up to $3 billion in funding through a U.S. initial public offering, according to sources familiar with the matter.

S&P Global released preliminary August Purchasing Managers' Index (PMI) data showing US services sector activity expanded to a 20-month high of 56.8, while manufacturing sector activity slowed to a 5-month low of 53.2. The services PMI rose 2.2 points from July's 54.6, driven by improved demand, whi

According to S&P Global, on August 21, U.S. services sector PMI expanded to 56.8 in August, the highest level in 20 months and beating the forecast of 54.0. Manufacturing PMI, however, declined to 53.2, falling below expectations of 53.9 and marking a five-month low. The combined composite PMI

According to Cointelegraph on August 21, Standard Chartered's head of digital assets research Geoff Kendrick said Bitcoin could retest its historical high of approximately $126,000 before year-end, suggesting the bank's previous $100,000 year-end target may be too conservative. Kendrick

Spot gold broke through $4,620 per ounce today, gaining 2.23% during the session.

US spot Bitcoin ETFs recorded $606.29 million in net inflows on August 20, marking their largest single-day intake since May 1 and extending an inflow streak to four consecutive sessions, according to SoSoValue data. BlackRock's IBIT accounted for $502.99 million of that total—approximately 83% of a

According to JP Morgan strategist Jason Hunter, the bank warned on Aug. 22 that U.S. stock markets face heightened selloff risks in late summer and early autumn amid weakening internal indicators and shifting investor sentiment toward defensive assets. Hunter noted parallels between current

According to SoSoValue, U.S. spot Bitcoin ETFs took in $606.29 million on August 20, their largest single-day haul since May 1 and a fourth consecutive day of inflows. BlackRock's IBIT accounted for $502.99 million of that, roughly 83% of total inflows, up from 55% the previous day. Fidelity's

Democratic Republic of Congo copper exports increased 4% in the first half of 2026, reinforcing the African nation's standing as the world's second-largest supplier of the industrial metal, according to government data. Total copper shipments reached 1.72

According to Goldman Sachs analysts including Lina Thomas, gold call option demand has surged, creating a two-way price amplification mechanism that increases volatility risks. The analysts said elevated call option trading volumes could drive larger price swings, with the bank's year-end 2026 gold

US spot Solana Exchange Traded Funds (ETFs) recorded a $14.59 million net inflow, marking the largest single-day inflow in three weeks. Previous inflows included $8.8 million on August 10th and $2.1 million on August 19th. This renewed interest among institutional investors reflects growing

According to SolanaFloor, U.S. spot Solana Exchange Traded Funds recorded net inflows of $14.59 million on August 20, marking their highest single-day inflow in three weeks. Prior inflows of $8.8 million on August 10 and $2.1 million on August 19 indicate renewed institutional interest in

On Friday (August 21), Germany's 10-year Bund yield closed at 3.258%, rising 5.4 basis points for the week. The 2-year yield gained 4.9 basis points to 2.848% this week, while the 2/10-year spread widened by 0.5 basis points to +40.782 basis points.

According to Cointelegraph, on August 22, Bitcoin miners and digital asset Treasury companies saw significant stock gains amid renewed market optimism. Canaan led crypto stocks with gains exceeding 25%, while MARA Holdings, Strive, and Metaplanet rose over 16% each. Coinbase and Robinhood also

The US Treasury doubled certain long-dated bond buybacks this week, and Bitcoin rose more than 23% toward $79,000 while Ether crossed $2,400. The Treasury's move to at least double buyback operations for 10- to 20-year and 20- to 30-year coupons added liquidity to markets without technically

Broadcom is in talks to raise upwards of $70 billion to $80 billion in debt for a chip financing deal aimed at supporting artificial intelligence companies including Anthropic, CNBC's David Faber confirmed Thursday morning. The senior tranche of financing is expected to be around $45 billion, with t

According to CNBC's David Faber, Broadcom is in talks to raise $70 billion to $80 billion in debt on Thursday to support artificial intelligence companies including Anthropic. The senior tranche is expected to reach around $45 billion, with a junior tranche of approximately $35 billion, though

According to recent reports, U.S. Treasury Secretary Scott Bessent's signature "3-3-3 Plan" is increasingly detaching from economic reality. The plan targeted a 3% GDP growth rate, a fiscal deficit at 3% of GDP, and 300,000 additional barrels of daily oil production, with the 10-year Treasury