Global TradFi & Macroeconomics

Paxos, the issuer of the gold-backed cryptocurrency PAX Gold (PAXG), introduced a redesigned allocation system on Aug. 13 that connects each token with specific physical gold bars in real time. The upgrade was designed to improve transparency, processing efficiency, regulatory readiness and

Paxos announced on August 13 that it has upgraded the allocation system for its gold-backed token PAXG, implementing real-time tracking of physical gold bar ownership. The new system reduces processing time from approximately two hours to 1.24 milliseconds, with transfers, minting and burning

The University of Michigan's 5-year inflation expectations initial reading came in at 3.3% today (August 14), matching both the forecast and the prior month's level of 3.3%.

In August, the initial reading of U.S. five-to-ten-year inflation expectations came in at 3.3%, matching both the forecast and the previous reading of 3.30%, according to market data.

The University of Michigan's Consumer Sentiment Index came in at 51 for August, missing the consensus expectation of 54.5 and falling from the prior month's reading of 55.2.

The U.S. one-year inflation rate expectation came in at 4.3% in August, exceeding the forecast of 4.2% and slightly above the prior reading of 4.20%.

The University of Michigan's Sentiment Index for August came in at 51.8, missing the expected reading of 55 and falling short of the previous month's 54.8.

The University of Michigan consumer sentiment index came in at 50.6 in August, falling short of the expected 55.2 and down from 55.4 in the prior month.

According to MSX.COM data, U.S. stocks opened on August 14 with AI stocks climbing broadly. AeroVironment surged 8.52%, while Micron rose 2.56%, AMD gained 1.79%, SAP climbed 1.77%, and CoreWeave increased 1.57%. The broader market showed mixed performance: the Dow Jones dipped 0.24%, the S&P 500 in

According to Odaily, Lumentum rose over 5% in early trading on August 14, with the company guiding Q1 FY2027 net revenue of $1.23B–$1.28B, above market consensus of $1.15B.

US stocks opened mixed on August 14 (local time) at 9:40 AM as investors digested weaker-than-expected July retail sales data and escalating tensions between the United States and Iran. The Dow Jones Industrial Average fell 0.12% to 53,775.84, while the S&P 500 rose 0.04% to 7,802.26 and the

According to Smart Finance, Yanzhiwu (01497) reported interim results for H1 2026 with revenue of RMB 1.182 billion, up 16.49% year-over-year. Shareholders' profit reached RMB 107 million, increasing 42.72% compared to the same period last year. Earnings per share stood at RMB 0.24, with an interim

The US Dollar Index (DXY) declined 0.308% to 99.652 as of 7:30 AM ET on the 14th in New York forex markets, pressured by easing inflation indicators that reduced expectations for Federal Reserve policy rate hikes. The CME FedWatch tool showed a 69.4% probability of rates remaining on hold through

According to Ruichang International Holdings' announcement, the company is expected to report a net loss of approximately 24.75 million yuan for the six months ended June 30, 2026, down about 35% from a loss of 38.06 million yuan in the same period of 2025. The narrowing loss was driven by

According to Aoji Holdings (02519), the company issued a profit warning on August 14, 2026, projecting H1 2026 net profit attributable to parent of RMB 27.15 million to RMB 47.15 million, representing a year-over-year decline of 56.3% to 74.8%. The decline is attributed to multiple factors,

At 10 PM Beijing time today, the University of Michigan will release the preliminary readings for August, including the consumer confidence index, 1-year inflation expectations, and 5-year inflation expectations.

According to S&P Dow Jones Indices, Reddit (RDDT) stock surged over 13% on August 14, trading at $179.4. The index provider announced that Reddit will be formally added to the S&P 500 on August 18 at market open, replacing AvalonBay Communities

According to its H1 2026 earnings alert, Hong Kong Technology Exploration Limited (01137) issued a profit warning, forecasting an unaudited loss of HK$73-83 million for the six months ending June 30, 2026, compared to adjusted EBITDA of HK$48.1 million in the prior-year period. The company's

According to Bybit data, spot gold hit $4,390 per ounce, up 0.90% intraday on August 14.

At market open on August 14, U.S. equity sector ETFs showed mixed performance. The Nasdaq Biotechnology ETF fell over 1%, while Healthcare sector ETF declined nearly 1%. Utilities and Energy sector ETFs rose