TREE NEWS reports: Ahead of Jackson Hole, the July core PCE inflation data is set to be released, with expectations of a rise to 3.3%. This has heightened market expectations for a potential rate hike in September.
TREE NEWS reports: Morgan Stanley reports that AI compute off-balance-sheet commitments have reached $3.1 trillion, highlighting financing structures as a new variable in the supply chain. The report underscores the growing financial complexity and potential risks in AI infrastructure funding.
TREE NEWS update: Bitcoin has rallied 30% over four days, prompting Huobi HTX to schedule a livestream to interpret the ongoing market trends. The broadcast aims to provide insights into the price movement and future outlook.
TREE NEWS reports: According to institutional data, the iPhone 17 was the best-selling smartphone in Q2, capturing a 6% share of global smartphone shipments. This highlights Apple’s continued dominance in the premium segment.
TREE NEWS update: Citi predicts that Korean companies’ global debt and equity financing will reach a record high in 2026. The forecast suggests a significant increase in fundraising activities by South Korean firms in international markets.
TREE NEWS update: Samsung Electronics and SK Hynix plan to increase supply of 8-layer HBM4 memory to Nvidia in the second half of the year. This move aims to meet growing demand for high-bandwidth memory in AI applications.
TREE NEWS reports: SoftBank Group plans to issue $10-20 billion in bonds, potentially its largest yen-denominated bond sale, to refinance debt and fund investments. The move comes amid a favorable rate environment and strong investor demand for high-grade corporate debt.
TREE NEWS reports: Strive CEO Matt Cole argues that the US fiscal trajectory is unsustainable and that the Treasury’s attempts to cap long-term yields will fail, leading to a dollar decline and a surge in bitcoin. He highlights the 5.25%-5.85% range for the 10-year yield as a critical resistance zone, predicting eventual massive intervention and a weaker dollar, which would be unprecedented for bitcoin.
TREE NEWS reports: Hong Kong stocks rose at midday with the Hang Seng Index gaining 0.68%, led by a rebound in tech and internet stocks. The market showed resilience amid broader regional gains.
TREE NEWS update: US AI-related stocks continued to decline, with Nvidia falling 3% for a seventh straight session, while Alibaba’s HK$80 billion share placement to fund AI infrastructure triggered a 10% drop in its Hong Kong shares. The market is shifting from AI narrative-driven valuations to demanding cash flows and returns, and all eyes are on Fed Chair Warsh’s speech at Jackson Hole on Friday for policy direction.
TREE NEWS reports: Russian telecom operators and e-commerce platforms will begin accepting the digital ruble for payments starting in September. This marks a significant step in the rollout of Russia’s central bank digital currency (CBDC), expanding its use beyond pilot phases.
TREE NEWS update: SK Hynix’s official flagship store on a Chinese e-commerce platform is slated to cease operations, though the company’s China division states it is not directly operated by them. This move reflects adjustments in the company’s sales strategy in the Chinese market.
TREE NEWS reports: Hong Kong stocks opened higher on the day, with the Hang Seng Index rising 0.49%. The gain reflects positive market sentiment in the region.
TREE NEWS update: South Korea’s DRAM export prices soared 401% year-on-year in August, reflecting a severe global memory chip shortage. SK Hynix has warned that next year could be the most supply-constrained year for memory, driven by AI demand.
TREE NEWS reports: Chinese memory chip makers CXMT and YMTC are using Apple’s quality validation to expand sales to North American cloud service providers, signaling a strategic push into Western markets. This move could reshape the memory chip supply chain amid ongoing US-China tech tensions.
TREE NEWS update: Bloomberg analysts note that gold and Bitcoin ETFs have re-entered the top 10 asset inflows, suggesting investors are increasingly seeking protection against currency debasement. This trend highlights growing interest in alternative assets as hedges against inflationary pressures.
TREE NEWS reports: Elon Musk’s SpaceX announced a 10-year project in Vermilion Parish, Louisiana, to build a $100 billion spaceport with five launch complexes for Starship missions. The ambitious plan aims to support the company’s deep-space exploration goals.
TREE NEWS update: Institutional analysts predict the Bank of Japan will hasten monetary tightening, while recent joint FX intervention has had limited effect. This could influence global markets and crypto sentiment.
TREE NEWS update: Barclays has warned that the rapid expansion of AI infrastructure could expose related trades to political risks, potentially impacting market sentiment. The warning highlights growing concerns over regulatory and geopolitical factors affecting AI investments.
TREE NEWS reports: Bitcoin surged 22% in seven days, nearing $80,000, amid reports that Treasury Secretary Scott Bessent could inject $1 trillion in liquidity. The move is attributed to expectations of government spending that may boost risk assets.