BREAKING NEWS: 🇺🇸 According to Kalshi traders, there is a 75% chance of the next #Fed interest rate hike before 2027.
BREAKING NEWS: Robinhood Chain #HOOD tokenized assets have reached a total value of $166.5 million; they include stocks, ETFs, commodities, and U.S. Treasury bills.
BREAKING NEWS: The #BTC Spot ETFs saw a total net outflow of $120.24 million.
According to news in Israeli media, the Houthi forces took control of the El-Mokha Port, increasing maritime risks in the Red Sea.
🇮🇷Iran converted oil under sanctions worth billions of dollars into Chinese goods, including air defense equipment.
Reuters reports that Iran uses a secret, barter-like system that converts Chinese oil payments into credits, allowing trade to bypass international banking channels.
In the past year, about 2–2.5 BILLION dollars are reported to have flowed through the system, financing imports ranging from medicine and vehicles to communications equipment and military hardware.
China already buys more than 80% of the oil Iran exports, providing a critical trade channel to Tehran despite U.S. sanctions.
🇩🇪 #DAX 40, Close to July Lows➕The DAX 40 index stabilized around 25,550 points on Thursday and traded near its lowest level since the end of July➕This was linked to a pause in the recent rise in oil prices and investors waiting for the European Central Bank’s (ECB) policy decision later in the day➕Markets are fully pricing in a 25-basis-point rate hike this year’s second interest-rate increase by the ECB, which would lift the key deposit facility rate to 2.50%
#BTC⚠️ Bitcoin faced tense Iran tensions and slid to $78,049 thousand amid rising yields➕Bitcoin fell on Thursday➕The worsening conflict between the U.S. and Iran and high Treasury yields heavily weighed on demand for risk-focused assets
#NZD⚠️ The New Zealand dollar rose to around $0.585, but traded near the lowest level in six weeks seen in the previous session due to the dovish shift in the Reserve Bank of New Zealand's policy outlook.
#JPY🇯🇵 Japanese yen value against the dollar held close to its strongest level in seven months, trading around 153.4 on Thursday, ahead of expectations for a rate increase by the Bank of Japan (BOJ) next week➕The central bank is expected to raise the policy rate to about 1.25%, the highest level in roughly 31 years, after the June rate hike.
#DXY🇺🇸Dollar index on Thursday held around 98.70, stabilizing its recent decline as investors awaited key inflation data that could shape the Federal Reserve’s next policy decision➕The August U.S. producer price index will be released today, followed by the consumer inflation report on Friday➕Markets are currently pricing in roughly a 60% chance that the Fed will raise interest rates by 25 basis points next week after stronger-than-expected employment data
#COPPER⚠️ Copper futures on Thursday traded around $6.76 per pound and were hovering near record highs, supported by ongoing supply concerns and uncertainty over tariff issues➕Markets continued to see persistent premiums in copper futures on the New York Comex, as they awaited the Trump administration’s decision to impose new tariffs on refined metal imports, continuing to create arbitrage opportunities
#GOLD⚠️ Gold rose above 4,400 dollars per ounce on Thursday, extending the gains from the previous session➕ Investors were waiting for key U.S. inflation data that could provide more insight into the Federal Reserve's next policy move. The August U.S. producer price index report will be released today, followed by the consumer inflation report on Friday➕ The metal found support as demand for long-term hedging continued, despite short-term pressure driven by a weakening dollar, high oil prices, and bond yields.
⚠️ Gold prices are rising along with the weakening of the dollar➕On Wednesday, gold rose above $4,390 per ounce supported by a weaker U.S. dollar, driven by investors who were assessing inflation risks stemming from escalating tensions in the Middle East and waiting for key U.S. inflation data for clues about the Federal Reserve’s policy outlook. #Gold