Macro
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U.S. stocks opened lower on Friday, with the Dow falling 0.4%, as a strong August jobs report reignited rate hike expectations; Lululemon plunged after its earnings report, and Tesla's stock declined.
Following the opening of U.S. stock markets on Friday, the Dow Jones Industrial Average fell 0.4%, and the S&P 500 also broadly declined. The market reacted to a stronger-than-expected August jobs rep
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Gabelli's Equity Income Fund Likes The Bank of New York Mellon (BNY), Citing Normalized Interest Rates and Global Income Growth in Q2 2026 Investor Letter
Gabelli's Equity Income Fund, in its second-quarter 2026 investor letter, highlighted The Bank of New York Mellon Corp. (BNY) as a global leader in financial services. The fund noted that BNY, which c
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Gabelli's Equity Income Fund remains bullish on Chevron (CVX), projecting its adjusted free cash flow to grow over 10% annually to $30 billion by 2030
In its second-quarter 2026 investor letter, Gabelli's Equity Income Fund highlighted Chevron Corp. (CVX), citing the company's completion of major capital investment cycles and its entry into a period
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CNBC Analysis: Trump-Era Policy Risks, High Government Borrowing, and AI-Driven Corporate Debt Are Pushing Up Long-Term US Treasury Yields
CNBC analysis suggests that lower US government bond yields may require a weaker economy, and Donald Trump's policies would not help address this. The article states that the 10-year US Treasury yield
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Trump demands Fed slash interest rates or he will cut off trade with countries with which the U.S. has trade deficits
President Donald Trump on Friday issued a sweeping ultimatum in a Truth Social post, reacting to a much-stronger-than-expected monthly jobs report. He urged the central bank and its chairman, Kevin Wa
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Pimco President Stracke stated that some complex debt products bear similarities to subprime mortgage-backed securities (MBS), with investors assuming disproportionate risk relative to reward.
Pimco President Stracke stated that some complex debt products bear similarities to subprime mortgage-backed securities (MBS), with investors assuming disproportionate risk relative to reward.
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BlackRock portfolio manager Rosenberg stated that a 25 basis point rate hike by the Federal Reserve would have little impact on risk assets.
Jeffrey Rosenberg, portfolio manager for BlackRock's Systematic Multi-Strategy Fund, told Bloomberg Television that a 25 basis point rate hike by the Federal Reserve would not pose a significant probl
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Al Jazeera: Yemen's Houthis advance towards "key strait," clashes with government forces leave at least 100 dead
Al Jazeera reports that at least 100 people have been killed since Thursday in intensified fighting between Iran-backed Houthi rebels and Yemeni government forces. The Houthis are advancing towards a
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Citi Says Senegal Debt Plan Exposes BOAD, AFC to Corporate Credit Risk
Citigroup Inc. stated that the West African Development Bank (BOAD), the African Export–Import Bank, the Africa Finance Corp., and Ecobank Transnational Inc. are most exposed to corporate credit risk
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Bitcoin Drops Below $80,000, Falling Nearly 3% to $79,197, as Strong US Jobs Data Revives Fed-Hike Bets
Bitcoin dropped nearly 3% to $79,197, abruptly reversing its latest push above $80,000, after stronger-than-expected US jobs data for August revived bets on a September Federal Reserve rate hike. Nonf
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2-year Treasury yield rises over 7 bps to 4.425%, highest since January 2025, after hot jobs report boosts Fed rate hike expectations to 58%
The 2-year Treasury note yield increased more than 7 basis points to 4.425% on Friday, reaching its highest level since January 2025. This surge followed a stronger-than-expected U.S. August jobs repo
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Wolfe Research Chief Economist Roth stated that inflation data, not employment data, will determine the Federal Reserve's next move.
Wolfe Research Chief Economist Stephanie Roth stated that the market's "hawkish reaction to the August US jobs report may be somewhat overdone."
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Italy extends diesel tax breaks until September 10 to protect consumers from price hikes
Italy will extend its diesel tax cut until September 10, an Italian official said. The move by Prime Minister Meloni's government aims to continue protecting consumers from rising diesel prices ahead
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EIA: New York Harbor gasoline crack spread has averaged about $1/gallon higher since May (vs. 2025 peak of 60 cents/gallon) due to tight global supplies, contributing to higher pump prices.
EIA: New York Harbor gasoline crack spread has averaged about $1/gallon higher since May (vs. 2025 peak of 60 cents/gallon) due to tight global supplies, contributing to higher pump prices.
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Fed insider Nick Timiraos: August jobs data clears the way for a September Fed rate hike, but inflation data remains key.
The Wall Street Journal reporter Nick Timiraos stated that while August inflation data may still dominate the Federal Reserve's decision to raise rates or hold steady in September, strong August emplo
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U.S. non-farm payrolls increased by 162,000 in August, significantly exceeding the expected 55,000, while the unemployment rate remained unchanged at 4.1%. Market expectations for a Federal Reserve rate hike in September have sharply increased.
U.S. non-farm payrolls increased by 162,000 in August, significantly exceeding the expected 55,000, while the unemployment rate remained unchanged at 4.1%. Market expectations for a Federal Reserve ra
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Saylor: US Added 162,000 Jobs, Yet 'Statistical Noise Has Turned Into Monetary Policy'
MicroStrategy Chairman Michael Saylor commented on the latest US payrolls report, noting that the addition of 162,000 jobs on a base of 159.1 million (0.10%) falls within the Bureau of Labor Statistic
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August Jobs Report Favors a Fed Rate Hike, Says New Century Advisors Chief Economist Sahm
Claudia Sahm, chief economist at New Century Advisors, commented on the US employment report for August, stating that it favors Federal Reserve officials who want to start hiking rates.
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US-China AI Race Reaches Egypt: Huawei Bids to Build AI Data Centers, US Prepares Counteroffer via Nvidia, AMD, Microsoft
Chinese tech giant Huawei has submitted a tender to build Egypt's AI data centers, offering to supply 1,408 Ascend 950 processors for AI model training and 600 Ascend 950 or 910B chips for two computi
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Smoke seen rising in central Kyiv after Russian drone attack, Reuters witnesses say
Smoke seen rising in central Kyiv after Russian drone attack, Reuters witnesses say
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South Korean Presidential Office: Considering various options for "contributing" in the Strait of Hormuz
South Korea's presidential office stated on Friday that it is considering various options to "contribute" to the Strait of Hormuz, aiming to ensure free navigation in the strategic waterway. This foll
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US six-month hiring average rises to 107,000 for all employers and 106,000 for private-sector employers, reaching the highest levels in over two years.
US six-month hiring average rises to 107,000 for all employers and 106,000 for private-sector employers, reaching the highest levels in over two years.
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Gold futures fall as U.S. payrolls rise more than expected
Gold futures fall as U.S. payrolls rise more than expected
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Nick Timiraos: US August unrounded unemployment rate rose to 4.14% from 4.09% in July
Nick Timiraos reported that the US unemployment rate on an unrounded basis was 4.14% in August, up from 4.09% in July. The rate was 4.32% in August 2025.
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Samsung Electronics is promoting its glasses-free 3D display in the Japanese market to expand its commercial signage business.
Samsung Electronics is entering Japan's character merchandise and entertainment market with its glasses-free 3D displays, aiming to expand its commercial signage business. The company showcased its Sp
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Gold holds steady as traders weigh inflation and Federal Reserve rate hike prospects.
Gold prices held steady as traders weighed the risks of persistent inflation against the Federal Reserve's path for interest rate hikes. This follows the Fed's first rate hike since 2023, with a unani
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Australia's Insurance Australia Group (IAG) said a settlement in its litigation with Credit Suisse entities over Greensill trade credit insurance policies has not yet been finalized.
Australia's Insurance Australia Group (IAG) said a settlement in its litigation with Credit Suisse entities over Greensill trade credit insurance policies has not yet been finalized.
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Black Sea shipping turmoil impacts wheat market, exacerbating inflation risks
The conflict between Russia and Ukraine has disrupted crucial grain shipments in the Black Sea region, forcing buyers to scramble for alternative supplies and further amplifying global inflation risks
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Boston Consulting Group: Swiss Deal Volume Rebounds to $44 Billion in First Eight Months of the Year, Large Corporate Deals Squeeze Private Equity
Swiss deal value rose by a fifth to $44 billion in the first eight months of this year, slightly above the eight-year average, signaling a recovery in Swiss deal activity, according to a report by Bos
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France to summon Iran envoy and take 'appropriate measures' after Tehran closed French language centre, accusing it of 'illegal acts'
The French Foreign Ministry announced it would summon Iran's ambassador in Paris at the request of Foreign Minister Jean-Noel Barrot, following Iran's closure of a French-language centre linked to its
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China slow-walks yuan appreciation as US, Europe demand trade rebalancing; yuan seen up to 30% undervalued
China slow-walks yuan appreciation as US, Europe demand trade rebalancing; yuan seen up to 30% undervalued
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Bloomberg Markets: AI Boom Challenges Wall Street Diversification, Pension and Sovereign Wealth Funds Find Traditional Diversification Strategies Ineffective
Bloomberg Markets reports that multi-trillion dollar pension and sovereign wealth funds are finding that the investment diversification strategies they once relied on are becoming an illusion amid the
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China CITIC Bank International's Wendy Yuen says future of finance relies on combining digital speed with human trust
Wendy Yuen, Head of the Personal and Business Banking Group at China CITIC Bank International, believes that the future of finance will be won by banks that combine digital speed with human trust, cro
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Qatar PM on Sunday described US-Israel war on Iran fallout as an 'earthquake' with global shockwaves, also announcing a $38bn domestic infrastructure investment shift
Speaking at a UN General Assembly-adjacent event in New York, Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani warned against "cycles of escalation" and called for a framework where sovereignty is
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Japanese government and machinery makers to collaborate on collecting industrial machinery data for physical AI applications
The initiative, learned by Nikkei, will involve assigning unique IDs to individual factory equipment across different manufacturers to facilitate data gathering for machine learning, specifically gear
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US Treasury investors are shifting to short-term bonds, betting that the Federal Reserve will succeed in curbing inflation.
U.S. government bond investors are shifting their focus to holding short-term government bonds, betting that the Federal Reserve will ultimately succeed in curbing inflation. This comes after the two-
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UN General Assembly convenes in New York, with Germany's Merz absent and China's Xi heading directly to the White House
World leaders are gathering in New York for the General Assembly. Notably, Germany's Merz is not attending, while China's Xi Jinping is bypassing the assembly to go straight to the White House for dir
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Elon Musk states Boring Company is building a precursor Hyperloop tunnel between Austin and San Antonio, aiming to cut 2.5-hour journey to under 30 minutes with speeds over 200 mph.
Elon Musk states Boring Company is building a precursor Hyperloop tunnel between Austin and San Antonio, aiming to cut 2.5-hour journey to under 30 minutes with speeds over 200 mph.
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Trump's 50% tariff on Canadian dairy products has led to stalled sales in the U.S., leaving Canadian dairy farmers with a milk surplus.
Canadian dairy exports to the United States have largely ceased since US President Donald Trump imposed a 50% tariff on C$20 billion worth of Canadian goods, including dairy products, on August 22. Ca
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WSJ Opinion: Treasury Secretary Bessent Faces Predicament Amid 5% 10-Year Yields, Tariffs Blamed for Bond Busting
The Wall Street Journal's opinion piece highlights that 10-year Treasury bond yields are around 5%, leading to higher borrowing costs for Treasury Secretary Scott Bessent. The article points out that
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Lula, Costa, Ruto and Carney state multilateralism is a necessity, calling to strengthen rather than replace co-operation systems
Lula, Costa, Ruto and Carney state multilateralism is a necessity, calling to strengthen rather than replace co-operation systems
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Chinese tech giant Huawei faces landmark criminal trial in the US, accused of theft, fraud, and sanctions violations.
U.S. prosecutors in Brooklyn federal court depicted Huawei as a "criminal enterprise," accusing it of stealing technology from American companies, defrauding banks, and circumventing sanctions against
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Wall Street expects US to issue about $1tn of short-term debt as borrowing costs climb
The growing reliance on Treasury bills comes as US Treasury Secretary Scott Bessent seeks to curb the rise in long-term rates.
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EU MiCA Review Questions Adequacy of Staking Regulation, Consultation Open Until Sept 30
The European Commission's ongoing MiCA (Markets in Crypto-Assets) review is questioning whether Europe's treatment of staking services is adequate and what additional requirements should apply to prov
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Prediction Markets Kalshi and Polymarket Increasingly Upstage Election Polls in Forecasting Outcomes
Voters, donors, and media are increasingly using the betting platforms Kalshi and Polymarket to forecast election outcomes. Critics, however, warn of new risks to democracy posed by this trend.
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The 'robot relations' department may become a reality in future workplaces as AI's impact on employees grows
As AI, including chatbots, humanoids, and automated management systems, is increasingly deployed by corporations, new challenges are emerging for human resources. Brookings Institution senior fellow D
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Iran warns of potential new attacks by the US, threatening continued retaliation.
Iran stated it has obtained intelligence indicating the U.S. and its allies are preparing a major new attack, Reuters reported. Tehran's military command warned that any strike would trigger sustained
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Oaktree's Howard Marks Prefers Less Fed Communication, Citing Chair Warsh's Efforts to Curtail Guidance
Oaktree's Howard Marks Prefers Less Fed Communication, Citing Chair Warsh's Efforts to Curtail Guidance
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Previous, Forecast, Actual: These three numbers in the economic calendar are the market's script.
The economic calendar doesn't predict market trends; it merely answers "when, which country, and what numbers will be released." What truly drives prices is the difference between the actual value and the forecast. This article uses two sets of real data to illustrate how to read previous values, forecasts, and actuals, clarifies three common pitfalls—importance ratings, time zones, and revised figures—and provides a replicable weekly scheduling method.
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From Event to Your Screen: The Four Hurdles a Financial News Alert Must Clear
By the time the news is seen, half the market move has already happened. The problem often lies not in judgment, but in the sequence of information arrival. A financial news flash, from event occurrence to reaching the reader, must pass through four checkpoints: source coverage, deduplication and compression, traceable origin, and multi-language synchronization. This article breaks down this chain and provides three questions for ordinary investors to filter out noise.
Macro
24H Trending
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Musk reposted a tweet stating that OpenAI's AI agents are conducting "self-adventurous experiments" in a "safety sandbox," even pressuring each other for "permanent death" in exchange for collective benefit.
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Houthis attack Saudi capital and Aramco facilities, US warns of "rapid escalation" of conflict, Saudi Arabia urgently seeks aid from multiple countries.
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Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
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OpenAI is in preliminary discussions with investors for a new private funding round, potentially valuing the company at over $1.2 trillion.
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Goldman Sachs: Market "pricing in 4 rate hikes" is overly pessimistic, expects only two rate hikes in this cycle.
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NVIDIA VP: Vera Rubin Platform Achieves 30x Throughput Increase on Agentic AI Workloads
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Musk reposted a SpaceX tweet, confirming the deployment of 27 Starlink satellites.
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NVIDIA VP: Agentic AI to Boost Computing Power Demand 100-fold, Altering Traditional Scheduling Models
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Global oil shipping costs have surged to historic highs, with supertankers earning over $1.2 million per day. A South Korean shipping magnate is making a massive bet, investing $7 billion, and is set to profit handsomely.
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Big Tech uses guarantees to keep $300bn of AI exposure off balance sheets, with Wall Street facilitating cheaper funding
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