Global TradFi & Macroeconomics

Richmond Federal Reserve President Thomas Barkin, a 2027 FOMC voter, will participate in a fireside chat at the Economic Club in 10 minutes.

The U.S. composite PMI output index rose from 56.0 in August to 58.4 in September, reaching a 62-month high. The services PMI rose from 56.5 to 58.7, while the manufacturing output index climbed from 53.1 to 56.7, with manufacturing and services expanding in tandem. The new orders index jumped from 55.2 to 58.2, its highest level since March 2022; backlogs of work also rose to their highest level since May 2022. Chris Williamson, chief business economist at S&P Global Market Intelligence, noted

According to a statement by Ethiopia's Prime Minister's office, Ethiopia, Djibouti, and Nigeria will construct a $660 million petroleum refining pipeline jointly led by Nigerian billionaire Aliko Dangote.

According to Jin10, on Sept 24, U.S. heating oil spreads against European diesel hit their lowest level since late April amid escalating concerns over a potential Trump administration diesel export ban. The single-day price differential swung at its largest magnitude since 2022, fueled by worries ov

According to Jin10, the eighth China-OPEC high-level dialogue was successfully held in Beijing on September 23. China's National Energy Administration (NEA) Director Wang Hongzhi and OPEC Secretary General Haitham Al Ghais co-chaired the meeting. Both sides conducted in-depth discussions on global e

According to Federated Hermes, the Federal Reserve's 25 basis point rate hike last week underscores the reality facing bond investors throughout 2026: interest rates have risen significantly with uncertain downside paths ahead. Karen Manna, the firm's fixed income strategist, noted that elevated

White House chief economist Kevin Hassett criticized the Federal Reserve on Wednesday for raising interest rates despite core inflation remaining at about 2% annually. Speaking at an event at Georgetown University, Hassett questioned why non-Trump-appointed Fed officials were supporting the rate

CoreWeave (CRWV) stocks received an investment rating upgrade from JP Morgan analyst Samik Chatterji on the 24th (local time), moving from 'Neutral' to 'Overweight' based on strong product demand enabling price increases. The analyst raised the December 2027 target price from $120 to $125,

According to JP Morgan analyst Samik Chatterjee on September 24, CoreWeave's investment rating was upgraded from neutral to overweight, with the 2027 target price raised from $120 to $125, implying 42% upside from the previous close. The upgrade reflects strong product demand; CoreWeave raised price

According to Jin10, China's insurance institutions have been approved to invest in Hong Kong Stock Connect ETFs, effective from September 20, 2026. Institutions already permitted to invest in Hong Kong Stock Connect stocks can now invest in related ETFs under the same regulatory guidelines. The appr

Brazil's Central Bank forecasts foreign direct investment inflows of $75 billion for 2026.

According to Basra Oil Company officials, Iraq has exported an average of approximately 2.6 million barrels of crude oil per day through southern ports so far in September.

Indonesia's Finance Minister forecasts GDP growth of over 5.5% in the third and fourth quarters, with an official target of 6% for both periods.

According to traders, Saudi Arabia sold nearly 100 million barrels of crude oil to Asian buyers since mid-last week, with deliveries concentrated in October and November. Buyers include refineries in India, Japan, and South Korea. Amid rising Hormuz Strait shipping risks and surging freight costs, S

According to New York Fed Chair Williams on September 24, another interest rate hike this year is a "reasonable" expectation amid persistent inflation above the Federal Reserve's 2% target. Williams cited strong demand driven by energy prices and AI investment, stating the Fed has "substantial

According to Jin10, on Thursday (September 24), Bank of England Monetary Policy Committee member Dingela said winter energy conditions over coming months will be critical for understanding long-term inflation pressure on the UK from Iran tensions. Unlike the broad-based price surge in 2022

Citizens raised Meta Platforms Inc.'s price target to $885 from $770 on Thursday, maintaining an 'Outperform' rating that implies roughly 19% upside from Meta's Wednesday close of $744.10. The firm cited Meta's AI-first hardware ecosystem and early momentum around its Muse personal agent as

According to Bloomberg, Hong Kong is seeking to raise US$1.91 billion to US$2.55 billion through a multi-currency digital green bond sale with pricing potentially on September 28. The offering will include US dollars, Hong Kong dollars, euros, and offshore yuan. The Hong Kong Monetary Authority