Tether Adds Farmland to Gold and Bitcoin Reserve Strategy
Tether spent $600M to acquire majority of Adecoagro, adding farmland to its reserve mix alongside gold and bitcoin. Its reserve buffer fell 40% after a cleanβ¦
Crypto, forex and global macro markets β insight to help you spot the opportunity
Tether spent $600M to acquire majority of Adecoagro, adding farmland to its reserve mix alongside gold and bitcoin. Its reserve buffer fell 40% after a cleanβ¦
The yen hit a six-month high against the dollar as BOJ hike bets built, while China's August imports missed forecasts and the Kospi gained nearly 2%.
RBA's Hunter says below-trend growth is intended, housing market cools deliberately without recession risk.
South Korea's Kospi jumped over 1.9% on chip strength, while Japan's Nikkei barely rose after weathering a yen spike.
Wharton professor Jeremy Siegel says midterm elections and Trump pressure are preventing the Fed from raising rates.
China's August imports grew 28.2% y/y, missing the 30% forecast, while exports and trade surplus met expectations.
South Korean stocks rallied, led by Samsung and SK Hynix, while Wall Street futures declined amid inflation concerns and higher oil prices.
China's CMRG directive to halt Rio Tinto ore negotiations appears to become effective in September, but enforcement unconfirmed; AUD weakens.
Vitol CEO sees China oil imports picking up, calls current gap unsustainable; global demand to drop 1.5 mln b/d in 2026.
Analysts see Tempus AI benefiting from personalized cancer vaccines, with potential $600M annual sequencing revenue.