Today, the UK’s 30Y bond yield broke above 5.70%, the highest since 1998.
Think about that: the BOE has cut rates 5 times, yet yields are still at a 27-year high.
Markets are rejecting rate cuts because deficit spending is out of control.

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Tonight, global financial markets will be focused on a single piece of economic data that could determine their fate for the coming months: the US Non-Farm Payrolls (NFP) report. At this delicate moment, with Bitcoin prices teetering on the brink of collapse and the broader historical cycle quietly pointing toward a "top," this report hangs like a sword of Damocles over the market. The quality of the data could be the straw that breaks the camel's back, or the spark that ignites a new uptrend.

The market is permeated with complex, even distorted, expectations. According to normal economic logic, strong employment data signifies economic prosperity. However, in...

Non-farm payroll forecast: Three scenarios predict Bitcoin's trend tonight

By Wenser, Odaily Odaily
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On September 2nd, spot gold prices surged over 1% intraday, breaking through $3,510 per ounce and reaching a record high of $3,512.27 per ounce. On the morning of the 3rd, spot gold prices briefly surged over $10, reaching a high of $3,547 per ounce, another record high. Surprisingly...

Gold prices are taking off again: A complete analysis of the top 5 gold tokens

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Friday! U.S. nonfarm payrolls rose by just 22,000 in August, unemployment hit 4.3%,...