Flash News

TREE NEWS update: Citi recommends buying dips in US equities, suggesting that any pullback before the US midterm elections could present a strategic entry point. The bank’s view implies optimism despite potential volatility.

TREE NEWS reports: A Reuters/Ipsos poll reveals that 63% of Americans view the Trump family’s crypto profits as inappropriate, with half of Republicans agreeing that his business interests influence his decisions. The survey highlights growing public concern over potential conflicts of interest between Trump’s political role and his cryptocurrency ventures.

TREE NEWS reports: TSMC’s advanced A16 1.6nm process is scheduled for mass production in the fourth quarter of 2026, marking a significant milestone in semiconductor manufacturing. This development is crucial for the tech industry, potentially impacting the supply chain for high-performance computing and AI chips.

TREE NEWS update: Nomura’s crypto arm, Laser Digital, has obtained a crypto asset license in Japan, marking the first such approval in four years. This milestone allows the firm to operate in the Japanese market, signaling a positive shift in the country’s regulatory stance towards digital assets.

TREE NEWS reports: Bank of America cautioned that if the US Treasury’s long-dated bond buyback program fails, risk assets could come under pressure. The warning highlights potential liquidity and market stability concerns, urging investors to monitor the program’s progress.

TREE NEWS update: The article discusses how AI infrastructure financing and US Treasury competition are pressuring long-term yields. It highlights the ongoing demand for long-term capital from both sectors, which is affecting the bond market. The piece suggests that this trend could have implications for macroeconomic conditions and risk assets.

TREE NEWS update: A study by the Bank of Italy found that stablecoin remittances do not offer systemic cost advantages over traditional methods, with on-chain components accounting for only a small portion of total costs. The research suggests that while stablecoins can reduce certain fees, the overall cost savings are limited and not transformative for cross-border payments.

TREE NEWS update: CMB Wing Lung Bank is reviewing zero-balance, non-initiative investment accounts held by mainland investors. Accounts without submitted declarations may face suspension or closure.

TREE NEWS reports: At a CFTC advisory meeting, CME’s Terrence Duffy accused prediction markets of manipulation risk, prompting Kalshi’s Luana Lopes Lara to turn the question back on him. The heated exchange highlighted ongoing regulatory tensions over prediction market oversight.

TREE NEWS update: Bitcoin surpassed $75,000 for the first time in three months, driven by a Treasury buyback plan that fueled a short squeeze. The cryptocurrency is on pace for its best week since March 2024.

TREE NEWS update: CFTC Chair Michael Selig told the agency’s new innovation committee that the CFTC will draft its own crypto market structure rules if the Senate fails to pass the Clarity Act. This move signals potential regulatory action in the crypto space, impacting market participants and possibly setting a precedent for other jurisdictions.

TREE NEWS update: The US Treasury expanded its long-dated bond buyback program, raising maximum sizes to at least $4B, which markets interpreted as a signal of potential intervention to cap rising long-term yields. Analysts view this as a ‘Bessent Put’ but note it’s not QE or YCC yet, as the move is small and conditions must worsen significantly before such measures are adopted.

TREE NEWS update: Analysts attribute the recent Bitcoin rebound primarily to liquidation of short positions in futures markets. Binance’s short squeeze intensity has surged to its highest level in nearly two years, indicating a significant market shift.

TREE NEWS update: Japan has approved an additional grant of over $900 million to support chip startup Rapidus, aiming to bolster its advanced semiconductor manufacturing efforts. This move underscores the government’s commitment to strengthening the country’s semiconductor industry and reducing reliance on foreign chipmakers.

TREE NEWS reports: Bitcoin surged past $78,000 as market bets on U.S. Treasury yield curve control (YCC) intensified. The move reflects growing expectations that the Fed may intervene in the bond market, boosting risk assets like crypto.

TREE NEWS update: The US Treasury announced it will double the maximum size of its long-dated bond repurchase operations to at least $40 billion, effective September 9 to November 4, 2026, in response to the 30-year yield hitting a 19-year high of 5.34%. The move triggered a bond rally, stock gains, and a 5% jump in Bitcoin, but analysts warn it does not address the structural fiscal deficit and debt supply imbalance.

TREE NEWS update: An editor at Works in Progress warns that Europe’s AI infrastructure is severely behind the US, highlighting a growing gap in technology and investment. The article emphasizes the need for Europe to catch up in the AI race.

TREE NEWS reports: Bitcoin rebounded from $63,000 to $75,401 within 48 hours, triggering a 5.8-sigma move, the largest upside since October 2023. Analyst Pierre Rochard reaffirmed his bullish roadmap, predicting $80,000 by 2026, $120,000 next year, and $300,000 by 2030, contingent on Fed rate cuts and improved liquidity.

TREE NEWS update: UBS has raised its S&P 500 index target for 2027 to 8,400 points, reflecting optimism about US equities. The move signals expectations of continued market growth over the next few years.

TREE NEWS reports: Anthropic’s economist discusses the AI unemployment paradox, characterizing AI as a skill-biased technology that may reshape labor markets. The analysis highlights potential disparities in job displacement and creation.