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8/27
05:39
The macro team at Soochow Securities stated in a deep dive report published on August 26 that the recent rare simultaneous rise in gold, copper, and crude oil is not a simple broad commodity rally. Instead, it is the result of a combination of factors, including elevated geopolitical risk premiums, a temporary improvement in overseas liquidity, increased fragility in global supply chains, and a weakening of the dollar's credibility. The report is cautiously optimistic about the future performance of these three assets, suggesting that gold could reach $5,000/ounce in an optimistic scenario. Copper prices are expected to avoid a deep correction before the implementation of US tariff policies, and Brent crude oil prices may maintain a central range of $80-90/barrel.
05:36
Six months into the US-Israel war on Iran, the closure of the Strait of Hormuz has caused one of the worst maritime shipping disruptions in decades. Traffic through the critical chokepoint has fallen from over 100 vessels a day to just five, marking an almost 95% decrease from pre-war levels. This has severely impacted the flow of oil, gas, and goods worldwide, with crude exports from the Gulf region dropping by nearly half (47%) compared to before the war, from about 17 million barrels per day in 2025 to roughly nine million bpd as of August 2026. The disruption is driving up costs for essentials globally, as there is no alternative maritime route for the strait.
05:34
According to Argus Media data, spot LNG prices in Northwest Europe rose to $22.83 per million British thermal units earlier this week, more than double the price a year ago and the highest since January 2023. The conflict in the Middle East has disrupted shipping in the Strait of Hormuz, and Iran's Persian Gulf Strait Authority threatened on Sunday to fine or confiscate 46 vessels, including 10 LNG carriers, exacerbating market concerns about tight supplies this winter. Goldman Sachs' research report indicates that European benchmark gas prices need to rise above €100 per megawatt-hour to significantly curb Asian demand, while current contract prices are around €66.
05:21
On Thursday, US government bond yields edged lower, with the benchmark 10-year government bond yield falling 2 basis points to 4.645%, the 30-year government bond yield dropping 2 basis points to 5.161%, and the 2-year government bond yield decreasing 1 basis point to 4.211%. Investors are preparing for the upcoming jobless claims data and the highly anticipated speech by Federal Reserve Chairman Kevin Warsh at the annual economic symposium in Jackson Hole.
05:20
EQT AB barely raised its tender offer price for Japanese internet services firm Kakaku.com Inc. and extended the offer period, prolonging a bidding war.
05:16
The Indian resources conglomerate plans to raise at least 10 billion rupees ($105 million) through local-currency bonds in the next few weeks. This marks its third rupee bond issuance this year, as more companies tap the debt market amid signals interest rates may rise.
05:09
Britain plans to set a new objective for the Bank of England regarding stablecoins, while financial stability will remain its primary duty. The government also plans to require annual reports to Parliament on this new objective.
05:07
SK Telecom, a South Korean telecom giant, announced on Thursday that it will spin off SK Broadband's AI data center business into a new company, SK Horizon. The company has signed agreements with US investment firm KKR and a consortium comprising South Korean IMM Investment and Stonebridge Capital, securing a total investment of 3.08 trillion Korean Won (approximately $2.23 billion). Upon completion of the transaction, SK Telecom will retain a 51% stake in the new company, a move aimed at expanding its AI infrastructure operations.
04:59
Macquarie Group Ltd. stated that uncertainty surrounding CEO Sashidhar Jagdishan’s term is impacting HDFC Bank Ltd.'s stock, as investors are concerned about succession issues at India’s largest private-sector lender.
04:35
Matthias Reschke, JPMorgan Chase's head of European investment-grade financing, stated that bonds issued by leading AI companies are testing the bond market's tolerance, with price premiums being a clear signal. He noted that the market will continue to test at what price levels investors can participate in these transactions, emphasizing that it is entirely a matter of price.
04:34
Jensen Huang stated that one of the most interesting things over the past year has been observing who he dines with, as the other party's stock price would double the next day. The article points out that this is not entirely a joke; Jensen Huang's public statements have repeatedly served as catalysts for the stock prices of related companies. For example, he once urged SK Hynix to "produce more" memory chips and declared Marvell "destined to be a trillion-dollar company," after which Marvell's stock price surged over 32% in a single day. Bloomberg previously warned that as Jensen Huang's personal influence expands, his optimistic statements could amplify investors' FOMO.
04:20
The company completed its exit from the US-sanctioned liquefied natural gas venture by transferring its 10% stake to a subsidiary of Novatek PJSC, the Russian operator. TotalEnergies retains its rights to be compensated for its share of loans, with reimbursement subject to applicable sanctions.
04:14
Bybit announced it will discontinue support for HFT as a collateralizable or loanable asset starting Sep 7, 2026, 8:00 AM UTC. This change affects all borrowing and lending services, including Borrowing (UTA), Crypto Loans, and Bybit Savings. Users with outstanding HFT liabilities must repay them before the deadline to avoid automatic repayment and potential asset losses.
04:07
According to StockTwits on the 27th, renowned investor Michael Burry disclosed on the social platform Substack that he has purchased NVIDIA call options expiring in December with strike prices in the mid-to-high $200 range. He explicitly stated that this move is solely to hedge his substantial short exposure, not a bullish bet. He also further increased his short positions in NVIDIA, Oracle, Palantir, Nebius, and Caterpillar. Currently, his short stock positions (excluding put options) exceed 21% of his overall investment portfolio.
03:56
Vietnam and Myanmar agreed to boost annual bilateral trade by nearly 70% to $1 billion, marking the first visit by a Vietnamese foreign minister since Myanmar's 2021 military takeover. The agreement was announced by the Vietnamese government on Thursday, following Vietnamese Foreign Minister Le Hoai Trung's visit to Naypyidaw on August 26.
03:51
Yangtze Memory Technologies Co. (YMTC) aims to become the world's largest NAND flash memory maker by the end of 2027, the company told investors and stakeholders at a recent meeting in preparation for its initial public offering (IPO), according to people familiar with the matter. YMTC filed its IPO application last week, seeking to raise 33 billion yuan (about $5 billion) to upgrade production facilities and for research and development, according to a prospectus published on the Shanghai Stock Exchange's website. The prospectus shows that the company's operating revenue in the first quarter was 47 billion yuan, and net profit was 33 billion yuan, more than double the total for the entire year of 2025. YMTC has not yet determined a timetable for its listing, and its market value is expected to exceed 1 trillion yuan after trading begins, making it China's second-largest IPO this year.

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