Global TradFi & Macroeconomics

Toms Capital Management, a hedge fund managing over $4 billion, sent an open letter to Devon Energy early this month urging the Houston-based oil and gas company to explore strategic alternatives, including a potential company sale. The fund claimed it has become a top-five shareholder; however,

The U.S. Dollar Index (DXY) hit 101 today for the first time since July 30, gaining 0.47% intraday.

According to Jin10, spot gold fell below $4,290 per ounce with losses near $30 on September 23, while spot silver dropped 0.5 dollars to $64.68 per ounce.

USD/JPY intraday gains widened to 0.50% on September 23, with the pair trading at 158.13.

Italian two-year government bond yields rose up to 3.5679% on September 23, marking the highest level since July 2024. The yield gained as much as 10 basis points during the session.

According to Iran's Supreme National Security Council secretary, on September 23, Iran will not rush into negotiations and the Strait of Hormuz will not reopen until the conditions put forth by Tehran are satisfied. The official stated that Iran's negotiating terms have been formulated and

According to S&P Global, the U.S. Composite Purchasing Managers Index (PMI) climbed to 58.4 in September, exceeding expectations of 55.3 and rising from the prior month's reading of 56.

According to S&P Global, the U.S. services sector PMI for September came in at 58.7, beating the forecast of 55.8 and rising from August's 56.5.

U.S. September manufacturing PMI initial reading came in at 57, surpassing the forecast of 53.7 and the prior month's reading of 53.9, according to S&P Global data.

According to Gate, on September 23, the Dow opened down 0.18%, the S&P 500 fell 0.11%, and the Nasdaq dropped 0.13%. Key tech stocks posted declines, with Alibaba falling 3.71%, SK Hynix down 1.43%, ASML down 0.58%, and SpaceX down 1.3%.

According to Odaily, Rocket Lab completed a $1.9 billion at-the-market (ATM) offering on September 15 to fund its $8 billion acquisition of Iridium. The company reported record second-quarter revenue of $234 million, up 62% year-over-year, with a backlog of $2.36 billion. Electron completed its 96th

IonQ announced on September 23 that its Superion 256 quantum system will be installed next year at Nvidia's Accelerated Quantum Research Center, marking the first on-premises quantum processor deployment at the facility. The announcement followed IonQ's successful test of a real-time quantum error d

According to Jin10, as of 21:20 on September 23, commodity options saw significant gains. Xylene 2611 call option (9500) surged 106.25% to 33.0 yuan/ton, while PTA 2611 call option (7000) jumped 71.62% to 63.5 yuan/ton. Crude oil 2611 call option (880) rose 41.11% to 6.35

According to StockAnalysis, Microsoft closed at $498.00 on September 22, down 0.72% ($3.61), as the Nasdaq-100 surged 0.82% to a record high of 30,732.40. The stock's underperformance reflects investor concerns over capital expenditure rather than Azure weakness. Fiscal 2026 capex reached $115.95

MoonPay agreed to acquire private-markets infrastructure provider North Capital in an all-stock deal worth over $60 million, a person familiar with the matter told Cointelegraph on Wednesday. The acquisition expands MoonPay into regulated US securities infrastructure as the crypto payments company

Low-sulfur fuel oil futures (LU2611 contract) rose 2.67% intraday to 5,507 yuan per ton on September 23. Trading volume reached approximately 731 million yuan, with open interest increasing by nearly 900 contracts during the session, reflecting heightened market

SC crude oil futures main contract rose more than 2% intraday on September 23, trading at 709.20 yuan per barrel.

According to Jin10, UK Prime Minister Burnham reiterated controversial remarks on Wednesday (Sept 23) that Britain is 'over-exposed' to global bond markets. Burnham said he maintains the position he held before becoming prime minister, that the UK should not be 'constrained by bond markets.'

South Africa's central bank raised its repo rate to 7.25% on September 23, up from the previous rate of 7.00%. The rate increase of 25 basis points aligns with market expectations.

According to The New York Times, SB Energy's initially planned IPO for this month has been postponed to mid-to-late October due to investor skepticism over its $50 billion or higher valuation target. Underwriters have struggled to secure sufficient buyers within the company and its advisors' set