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8/27
05:50
According to Reuters' calculations based on International Energy Agency (IEA) data, OPEC+'s share of global oil production has fallen from over 48% before the Middle East conflict at the end of February to about 40% in July. Approximately four to five percentage points of this decline came from the UAE's withdrawal from OPEC in May, while continuous production increases from non-OPEC producers such as North America also diluted its share. The shrinking supply-side share, coupled with demand-side contraction, has made it increasingly difficult for OPEC+'s production decisions to influence oil prices. Since March, most of its six announced production increases have remained on paper, and blockages in the Strait of Hormuz have also prevented some crude oil from entering the international market. Weakening global oil demand has also become a new "ceiling" for oil prices, with the demand side gaining the "swing" attribute that previously belonged to OPEC+.
05:44
The Wall Street Journal reported that while the sell-off in U.S. Treasury bonds has garnered global attention, overseas bond markets have been hit even harder. The surge in U.S. borrowing costs, and U.S. Treasury Secretary Scott Bessent's intervention to lower them, not only highlights America's growing debt problem but also reveals a global debt challenge.
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.

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