Global TradFi & Macroeconomics

LME metals declined today. Tin fell $316 to $53,898 per ton, nickel dropped $151 to $16,481 per ton, and copper fell $130 to $14,618 per ton. Aluminum declined $10 to $3,255 per ton and lead fell $16 to $1,920 per ton. Cobalt closed flat at $39,640 per ton, and zinc fell $8 to $3,902 per ton.

Spot silver fell 4.00% intraday on September 23, trading at $64.36 per ounce.

Bitwise Asset Management launched the Bitwise Lighter Staking ETP (BLIT) on Deutsche Börse Xetra on Wednesday, marking the first exchange-traded product tracking LIT, the native token of decentralized derivatives platform Lighter. The ETP enables European investors to gain exposure to Lighter through traditional brokerage accounts without directly purchasing or holding LIT tokens. This launch follows Bitwise's April introduction of a Hyperliquid staking ETP in Europe, as the asset manager expand

U.S. 5-year Treasury yield rose 15 basis points to 4.99% today, September 23.

According to Bitwise, the asset manager launched its Bitwise Lighter Staking ETP (BLIT) on Deutsche Börse Xetra on Wednesday, making it the first exchange-traded product tracking LIT, the native token of decentralized derivatives platform Lighter. The product is fully backed by LIT held in cold storage and carries a 0.85% annual expense ratio. European investors can access the ETP through regular brokerage accounts without directly purchasing or holding LIT tokens. Staking rewards are not yet ac

Accelevation is seeking a valuation of up to $5.37 billion in a proposed US IPO, with existing shareholders offering 21.36 million of the 30 million shares in the base offering—approximately 71% of the total. The company itself is offering the remaining 8.64 million shares. The high proportion of sh

On September 23, German and French sovereign bond yields rose sharply during European market close. German 2-year yield jumped 11 basis points to 3.337%, approaching its 2008 fourth-quarter high of 3.539%, while the 10-year yield climbed 9.8bp to 3.561%. French 2-year yield surged 12.9bp to 3.624%,

Accelevation, which manufactures electrical, cooling and modular systems for data centers, is seeking a valuation of up to $5.37 billion in a proposed US IPO. In the 30 million-share base offering, existing shareholders are selling 21.36 million shares, or approximately 71%, while Accelevation is of

According to the International Monetary Fund, the Middle East war that began in late February has significantly altered the global economic growth trajectory through disruptions in energy, commodities, and supply

According to the International Monetary Fund, since late February, the Middle East conflict has significantly altered global economic growth trajectories through disruptions in energy, commodities, and supply

According to Fed Governor Michael Barr, on Wednesday (September 23), the central bank may need further rate hikes to bring inflation back to its 2% target. Speaking at a Chicago Fed housing affordability conference, Barr indicated that inflation remains elevated and has not clearly declined toward t

On Wednesday, Sept 23, the UK 2/10-year government bond yield curve spread narrowed by 1.619 basis points to +44.008 basis points in late European trading, approaching its March 26 intraday low of +38.187 basis points. The spread has been contracting steadily since hitting +71.496 basis points on

Bitcoin dropped below $84,000 on Wednesday after US business activity data showed unexpected strength. BTC briefly touched approximately $83,878 on some feeds, though prices varied across exchanges with other feeds remaining above $84,000. The decline followed the release of the US flash composite p

From 12:00 to 16:00 (UTC) on September 23, 2026, ETH fluctuated within the 2,720.44–2,730.14 USDT range, with an amplitude of 0.36% and a return of -0.21%. The price fell more than $110 from the intraday high of $2,788.74, bringing the 24-hour decline to 2.48%. The main drivers of this move were the deterioration in the macro interest-rate environment and intensified on-chain selling pressure. The U.S. 10-year Treasury yield rose to 5.04%, its highest level since 2007, while Fed Governor Barr de

On Wednesday (September 23), UK 10-year gilt yields rose 11.1 basis points to 5.350% by European market close, approaching the intraday high of 5.434% set on September 14. Two-year gilt yields climbed 12.8 basis points to 4.909%, nearing the September 14 peak of 4.971%. The 2/10-year yield spread

Bitcoin fell below $84,000 on Wednesday after rallying above $87,000 in recent days. BTC/USD briefly touched $83,878, though prices varied across exchanges and other feeds remained above $84,000. The pullback coincided with a surprisingly strong US business activity report, with the flash

The S&P 500 fell approximately 0.5% and the Nasdaq Composite dropped roughly 1% on Wednesday morning as the 10-year Treasury yield moved back above 5%. S&P Global's flash US composite purchasing managers' index rose to 58.4 in September from 56.0 in August, the highest reading since July 2021,

According to BlockBeats, Serenity announced on September 24 that it has begun positioning in multiple South Korean small-cap semiconductor firms valued between $30 million and $250 million. These companies supply memory chips, test equipment, machinery, and optical components to Micron Technology, S

From 12:00 to 16:00 (UTC) on September 23, 2026, BTC fell 0.22%, fluctuating between 85,470.1 and 85,688.3 USDT, with an amplitude of 0.25%. Market volatility intensified as concentrated short-term selling pressure emerged, and the price fell below the previous trading day’s low. The primary driver of this move was broad macroeconomic pressure. After the Fed raised interest rates by 25 bps on September 16, the U.S. 10-year Treasury yield surged to 5.04%, reaching its highest level since 2007. Th

According to Russia's statistics office, the consumer inflation rate rose to 0.06% in the week ending Sept. 21, up from 0.02% in the previous week.