📈 TradFi Daily Report | 9.1
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🇺🇸 US Stocks
▪️ On Monday, the three major US stock indexes closed lower. Amazon dragged on the share price due to an FTC lawsuit and weighed on overall market sentiment, while a sharp jump in crude oil prices further pressured cyclical sectors. After August’s cumulative gains, index futures were near flat in pre-market trading, and sentiment remained cautious.
▪️ US Treasury Secretary Bessent, in talks with Japan’s Finance Minister and the BOJ Governor, said Japan needs to raise interest rates to respond to shifts in the global interest-rate landscape. Cross-border monetary policy coordination signals continue to draw attention.
🥇 Commodities—Gold
▪️ Holdings in the SPDR Gold Trust remain unchanged at 1,042.357 tons, indicating that recent demand for gold ETFs has been relatively steady, with buying and selling forces in a relatively balanced state.
▪️ Australia raised its wheat production forecast. Supported by growth in export demand, sentiment in the agriculture sector has improved.
🛢️ Crude Oil
▪️ Venezuela’s crude oil exports rebounded in August. Meanwhile, the US has tightened control over the flow of its crude oil, causing geopolitical premium factors to come back into focus.
▪️ Intercontinental Exchange (ICE) announced the listing of options on US crude oil futures and physical crude oil contracts in the Americas. Liquidity in the crude oil derivatives market is expected to improve further.
🔗 Link to BTC
In August, the US crypto-related equities index rose cumulatively by 3.79%, moving in sync with the recovery rhythm of broader risk assets, and sector sentiment showed signs of repair 📊. However, BIS Chair reminded that stablecoins could potentially raise banks’ borrowing costs, and Wells Fargo also warned that US funding costs may remain elevated through early September. Signals of a marginal tightening in macro liquidity still warrant attention. In the short term, risk assets such as BTC may be driven by US Treasury yields and dollar liquidity. It is recommended to continuously monitor ETF inflows/outflows and key developments in the auctions of Japan’s 10-year government bonds.
The above does not constitute investment advice. Digital assets are highly volatile—please watch for risks.
━━━━━━━━━━━━━
🇺🇸 US Stocks
▪️ On Monday, the three major US stock indexes closed lower. Amazon dragged on the share price due to an FTC lawsuit and weighed on overall market sentiment, while a sharp jump in crude oil prices further pressured cyclical sectors. After August’s cumulative gains, index futures were near flat in pre-market trading, and sentiment remained cautious.
▪️ US Treasury Secretary Bessent, in talks with Japan’s Finance Minister and the BOJ Governor, said Japan needs to raise interest rates to respond to shifts in the global interest-rate landscape. Cross-border monetary policy coordination signals continue to draw attention.
🥇 Commodities—Gold
▪️ Holdings in the SPDR Gold Trust remain unchanged at 1,042.357 tons, indicating that recent demand for gold ETFs has been relatively steady, with buying and selling forces in a relatively balanced state.
▪️ Australia raised its wheat production forecast. Supported by growth in export demand, sentiment in the agriculture sector has improved.
🛢️ Crude Oil
▪️ Venezuela’s crude oil exports rebounded in August. Meanwhile, the US has tightened control over the flow of its crude oil, causing geopolitical premium factors to come back into focus.
▪️ Intercontinental Exchange (ICE) announced the listing of options on US crude oil futures and physical crude oil contracts in the Americas. Liquidity in the crude oil derivatives market is expected to improve further.
🔗 Link to BTC
In August, the US crypto-related equities index rose cumulatively by 3.79%, moving in sync with the recovery rhythm of broader risk assets, and sector sentiment showed signs of repair 📊. However, BIS Chair reminded that stablecoins could potentially raise banks’ borrowing costs, and Wells Fargo also warned that US funding costs may remain elevated through early September. Signals of a marginal tightening in macro liquidity still warrant attention. In the short term, risk assets such as BTC may be driven by US Treasury yields and dollar liquidity. It is recommended to continuously monitor ETF inflows/outflows and key developments in the auctions of Japan’s 10-year government bonds.
The above does not constitute investment advice. Digital assets are highly volatile—please watch for risks.