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🇰🇷 South Korea’s AI chip trade is showing signs of cooling.
Leveraged ETFs tied to Samsung Electronics and SK Hynix have seen nearly $1 billion in outflows in August so far.
Around $381M left Samsung linked products, while $601M flowed out of SK Hynix linked funds.
This would be the first monthly outflow since these products launched in late May.
It looks like investors are becoming more cautious after the huge AI driven rally. The big question now is this just a cooldown or the start of a bigger shift in sentiment? $SKHYNIX
🇯🇵 Japan is not planning any additional crude oil release from its national reserves in September or October.
One number stands out: Japan expects September crude oil procurement to be around 80% of last year’s average monthly level, compared with 100% in August.
The lower procurement is linked to longer shipping routes, with tankers being rerouted through the Suez Canal.
For now, Japan appears to be managing its supply without another reserve release. Oil markets will be watching closely, especially WTI $CL and Brent $BZ
Cardano is taking a more careful approach with the Dijkstra upgrade. Instead of putting everything live at once the rollout will happen in two phases. The first phase is targeting Q4 2026 with Linear Leios and Nested Transactions. Peras is planned for the second phase in Q2 2027. I actually like this approach big upgrades are easier to test and fix when they are rolled out step by step. For ADA now it comes down to execution and whether these upgrades bring real improvements to the network.