Global TradFi & Macroeconomics

The UK’s Financial Times reported that Anthropic has selected Nasdaq as the exchange for its initial public offering (IPO), targeting a stock market listing in October at a valuation of up to $2 trillion. Anthropic declined to comment. The Financial Times also reported that Anthropic disclosed to a small group of shareholders that its adjusted operating profit would turn positive for the second consecutive quarter this quarter. Anthropic Selects Nasdaq, Targets October Listing Business Insider,

According to Jin10 on September 14, UBS precious metals strategist Joni Teves said gold investors are likely turning attention to developments beyond the Federal Reserve's next decision. The strategist noted that markets have largely digested rate hike expectations and are shifting focus to other

Saudi Arabia faces limited options in responding to attacks by Iran-aligned Houthi rebels, with experts pointing to retaliation as the most likely course, according to analysis from CNN Business. Mohamed al-Basha, a Yemen expert and Washington DC-based risk consultant, stated that all current

According to Goldman Sachs research published on September 11, the 30-year U.S. Treasury yield rose to 5.3%, reaching its highest level in 20 years, while the 10-year yield climbed to near 5%, marking a new high since October 2023. The S&P 500 forward price-to-earnings

According to Bloomberg, Anthropic has selected Nasdaq as the planned listing venue for its initial public offering (IPO), with the company aiming to raise over $86.3 billion, potentially exceeding SpaceX's record $86.3 billion IPO completed in June. The IPO could happen as early as October. This

ING revised its Federal Reserve monetary policy forecast to expect a 25 basis point rate hike at the September meeting, following the Jackson Hole meeting where Fed Chair Kevin Warsh emphasized that inflation has remained above target for the past five and a half years and that financial

Mark Zandi, chief economist at Moody's Analytics, warned that the Federal Reserve faces increased risk of committing a serious policy error by raising interest rates prematurely. On the 13th (local time), Zandi stated via X that markets are pricing in a 0.25 percentage point rate hike at the Fed's

According to a report from Oxford Economics on September 13, multiple Federal Reserve officials are expected to vote for rate maintenance despite market consensus favoring a 25 basis point hike this month. The analysis notes that core inflation has cooled for three consecutive months, and rising

According to CNN Business, pro-Iran Houthi forces seized control of Perim Island and Mocha port on September 13, consolidating their grip on the Bab el-Mandeb Strait. The moves followed drone attacks originating from Iraq that halted operations of Saudi Arabia's critical East-West crude oil

According to Jin10, on Monday, September 14, key offshore yuan liquidity indicators showed mixed movements. Overnight Hibor fell 4 basis points to 1.33356%, marking its lowest level since August 6. One-week Hibor declined to 1.37394% and two-week Hibor dropped to 1.41803%, both hitting their lowest

According to SoSoValue data, SOL spot ETFs recorded net inflows of $10.3 million during the week of Sept 7–11. Bitwise's ETF BSOL led with $9.5 million in weekly inflows, bringing its historical total to $1.03 billion. Fidelity's FSOL added $0.9 million, with cumulative inflows reaching $214 million

According to SoSoValue, XRP spot ETFs recorded net inflows of $18.98 million during the trading week ending September 11. Bitwise ETF XRP led with $9.30 million in weekly inflows, bringing its historical cumulative net inflows to $609 million. Across all XRP spot ETFs, total assets under

According to SoSoValue data, Ethereum spot ETFs saw net inflows of $197 million in the trading week of Sept 7–11. BlackRock's ETHA led with $140 million in weekly inflows, bringing its total net inflows to $13.01 billion. The broader Ethereum spot ETF complex now holds $16.31 billion in total

According to a Bloomberg Markets Pulse survey conducted on Friday, Sept. 11, most traders surveyed showed significant tolerance for rising U.S. Treasury yields, with over half indicating they would only adjust their portfolios substantially if the 10-year yield exceeded 6%. The survey of 122

According to SoSoValue data, Bitcoin spot ETFs experienced net outflows of $463 million last week (Sept 7-11). Ark & 21 Shares' ARKB led outflows with $234 million, while Grayscale's GBTC (GBTC) withdrew $129 million. Overall, Bitcoin spot ETFs held total net assets of $97.58 billion, with

According to the Financial Times, private investment firm Vy Capital holds approximately 3.4% of SpaceX’s shares, currently worth around $40 billion, making it SpaceX’s fifth-largest shareholder. This holding exceeds Sequoia Capital’s stake. Vy Capital head Alexander Tamas said SpaceX’s marketcap could surpass $10 trillion within 5–7 years. Vy Capital’s SpaceX Holding: 3.4% Stake Makes It the Fifth-Largest Shareholder The Financial Times reviewed Vy Capital’s investor letters and reported that V

SC crude oil futures hit 900 yuan per barrel intraday today, marking the first time since its listing, with an intraday surge of 11.12%.

According to JPMorgan Chase, the bank now expects the Federal Reserve to raise interest rates by 25 basis points each in September and December 2026. This represents a revision from JPMorgan's previous forecast, which predicted only a December rate

According to Jin10 Futures, as of September 11, frozen propane prices to South China rose 135.62 USD/ton, or 16.94% since August, while butane increased 139.43 USD/ton, or 16.46%. The gains are driven by escalating Middle East geopolitical risks, including ongoing U.S.-Iran tensions in the Strait of

According to Nick Timiraos, the Chicago Federal Reserve recently released a paper on Fed policy rate projections, showing that when the median SEP forecast for the federal funds rate exceeds market expectations by 25 basis points, implied market rates (OIS forwards) move only about 5 basis points on