Global TradFi & Macroeconomics

According to UBS research dated September 28, the cybersecurity sector's weighted-average valuations reached historic highs, with enterprise value to forward free cash flow at 62x and EV-to-revenue at 15x, both exceeding COVID-era peaks. Outside of CrowdStrike, Fortinet, Palo Alto Networks, and

According to Russell Investments senior strategist BeiChen Lin, the September U.S. nonfarm payroll report due Friday could shift market expectations for Federal Reserve policy depending on the employment data's strength. If the report comes in stronger than expected, Lin said it could be

According to CME data, on September 29, trading volumes in energy and precious metals fell while open interest expanded across the board. Gold trading volume declined to 171,622 contracts from the previous session, down 89,088 contracts, while open interest rose to 406,976 contracts, up 1,735 contra

According to Bloomberg and Counterpoint Research, Apple's first foldable iPhone, the iPhone Duo, is set to launch in October with estimated sales of approximately 6 million units this year. The device will be priced at $1,999 and positioned at the premium end of Apple's product lineup. Counterpoint

Oura, a Finnish smart ring company, postponed its Nasdaq initial public offering on the 29th (local time), one day before its scheduled listing on the 30th, according to CNBC and The Wall Street Journal. CEO Tom Hale stated in a release that the company delayed the IPO due to market uncertainty,

The British pound rose 0.2% against the U.S. dollar following the release of second-quarter GDP data, reaching 1.3257. The source of the GDP report was not specified.

According to CNBC and Wall Street Journal, Oura, a Finnish smart ring company, postponed its Nasdaq IPO on Sept 29, one day before its scheduled Sept 30 listing. The company had planned to price shares at $40-44 per share with 50 million shares offered. CEO Tom Heil said in a statement that while

Germany's retail sales in August came in at 1.3% month-over-month, below the expected 1.5% and rebounding from a prior month contraction of -3.4%.

According to Germany's Economy Ministry, energy company SEFE has been directed to procure and store 8 terawatt-hours (TWh) of natural gas by December 15.

Bitwise launched the first US spot NEAR Protocol (NEAR) exchange-traded fund on 29 September, trading on NYSE Arca under ticker NRR. The fund positions NEAR as infrastructure for AI agents that transact on behalf of users and intends to stake 100% of its holdings with an estimated 5% annual

Germany's import price index increased 8.3% year-over-year in August, surpassing the forecast of 8% and marking a significant uptick from the prior month's reading of 6.8%.

According to German statistics office Destatis, Germany's import price index rose 1 percent month-on-month in August, beating forecasts of 0.7 percent growth and compared to 0.2 percent in the prior month.

According to CEO Kim Jae-won, South Korean AI infrastructure company Elice Group will list on the KOSDAQ next month, raising between 156.4 billion and 201.1 billion Korean won to expand its global presence and build edge AI data centers. The company's proprietary portable modular data center

Bitwise launched the first US spot NEAR Protocol ETF on September 29 under ticker NRR on NYSE Arca. The fund stakes 100% of its NEAR holdings, with Bitwise's institutional staking team managing the positions. The prospectus indicates the fund estimates the network's average annual staking yield at a

The UK's current account deficit stood at 19.932 billion pounds in the second quarter, beating the forecast of 25.5 billion pounds. The figure improved from 22.1 billion pounds in the prior quarter.

According to UK Office for National Statistics, the UK current account deficit came in at £19.932 billion in the second quarter, narrower than the forecast of £24.7 billion. The prior quarter figure was revised to £21.12 billion from the initially reported £22.134 billion.

UK second-quarter gross domestic product came in at 0.5% quarter-on-quarter, beating the consensus forecast of 0.4% and marking an upward revision from the preliminary reading of 0.4%.

According to Zhuochuang Intelligence data, as of September 29, South China's low-sulfur 180CST bunker fuel prices reached 6,925 yuan/ton, up 25 yuan/ton, while Shandong's price hit 6,750 yuan/ton, up 50 yuan/ton. The price spread between South and North narrowed to 175 yuan/ton, contracting 25 yuan/

Korean listed companies have confirmed 98 unfaithful disclosure designations this year, according to Korea Exchange disclosure data released on the 30th. Major corporations including Hanwha Solutions and Hanon Systems were sanctioned for failing to timely disclose material information such as

According to Korea Exchange data released on September 30, South Korean listed companies received 98 confirmed unfaithful disclosure designations so far this year, approaching 100 cases. Major firms including Han On System and Hanwha Solutions faced penalties for delayed or incomplete disclosures