Bitcoin experts prefer a defined-risk strategy for the next leg higher
A day-ahead look for Aug. 27, 2026, says Bitcoin experts favor a strategy with defined risk as prices approach their next move higher.

A day-ahead look for Aug. 27, 2026, says Bitcoin experts favor a strategy with defined risk as prices approach their next move higher.

U.S. auto prices rose at an annualized pace of about 5% in July, while housing and utility costs climbed more than 3.5%. Recreational goods prices surged by double digits, as households absorbed a 3.7% rise in living costs—nearly twice what the Federal Reserve has promised.
Private equity carried interest payouts surged to £5.4bn, suggesting a flurry of activity before the Labour government’s tax overhaul.
Hong Kong retirees’ living costs rose nearly three times as fast as the city average over the past five years, driven mainly by strong demand for northbound travel, a new Hong Kong-Macau Retirement Expense Index says. The index, jointly produced by the Institute of Financial Planners of Hong Kong and YF Life Trustees, reached 131.6 in 2026, up from 127 in 2023 and 100 in 2020.

Bitcoin is testing its largest supply cluster around $80,000 while trading near the key 50-week moving average and the average price paid by ETF holders.

TotalEnergies says it has completed the transfer of its 10% interest in Arctic LNG 2 to Novatek subsidiary NordLine and is no longer a shareholder. It retains the right to reimbursement of about $1.3 billion in shareholder loans, subject to applicable sanctions.
Bitcoin held steady above $79,000 on Thursday as spot bitcoin ETFs recorded their eighth consecutive day of net inflows. Altcoins broadly drifted lower.

A wallet tagged to the US government moved a small amount of Bitcoin tied to assets seized from Alameda Research accounts, reviving concerns that Washington may sell more forfeited BTC. The article says the March 2025 executive order’s sale ban covers only Bitcoin forfeited, held by the Treasury and not needed for statutory obligations, with exceptions for restitution, court orders and other legal duties.

A Barclays survey found that this year’s heat waves measurably affected UK businesses’ investment plans and consumers’ behavior.
Bloomberg is bringing The Big Take to Asia. Each week, Oanh Ha will tell a story from one of the world’s most dynamic economic regions, focusing on the markets, tycoons and businesses driving its constant change.
Russia’s fuel situation deteriorated sharply again in early August as Ukraine resumed strikes on oil refineries and queues formed at gas stations. Meduza analyzed 478,685 GdeBENZ user reports covering 25,129 stations in 83 regions from July 4 to August 23, comparing them with banking, fuel-market, and refinery-attack data to assess the crisis.
A State Department official and analysts accuse China of flooding African markets with subsidized finished goods while taking raw materials and buying far fewer African products. They say the imbalance is hurting local manufacturing. The Trump administration says it wants to offer alternatives and open opportunities for U.S. businesses.

Bitfinex Securities has secured $50 million while working toward a listing for an instrument tied to a Luxembourg industrial-metals platform. The platform is underpinned by a $1.6 billion inventory of high-purity nickel wire.

Canada removed fish and seafood products from its planned counter-tariff list after industry warnings that the measures could raise costs and invite further U.S. retaliation. The tariffs, covering about $20 billion in American goods, are set to take effect September 8.

Canada and the United States face the risk of a full-scale trade war after talks broke down. Prime Minister Mark Carney is standing firm, seeking to reduce Canada’s dependence on the US market, strengthen ties elsewhere and rally other middle powers against economic coercion, but the cost of pushing back may be high.

Politico said Thursday that the Trump administration was evaluating another broad tariff package for semiconductors, citing accounts from eight people familiar with the deliberations.
South Korean cryptocurrency exchange Bithumb reportedly won a lawsuit over proceeds tied to an erroneous internal credit of 620,000 BTC. In February, the exchange accidentally credited the cryptocurrency to hundreds of users when it was worth about $43 billion.

Extreme weather events this year are already seriously damaging food production and are likely to raise food prices for everyone. That is happening even before the weather-disrupting super El Niño has fully taken effect.
China has opposed a US plan under consideration to add a 7.5% tariff on imports from China, calling it unilateralism and protectionism. Commerce Ministry spokesperson Huang Ling said Washington’s Section 301 investigations into 16 economies over alleged “overcapacity” politicize trade and economic issues. China will assess further US steps and reserves the right to take necessary measures.

Bitcoin’s approach to $80,000 did not restore the premium that once supported the corporate-treasury model at Strategy, Twenty One Capital and Metaplanet. Their common market values remained below the reported value of their Bitcoin holdings, but debt, preferred stock, cash and dilution make the discounts difficult to compare. Strategy’s recent $2.0065 billion share sale supported liquidity, preferred-stock repurchases and cash reserves rather than Bitcoin purchases.

Delivery Hero CEO Niklas Östberg said competition in some of the company’s key markets has been “pretty brutal” over the past few years. He added that expanding the subscriber base has helped the business as Uber’s takeover approaches.
BlackRock’s head of digital assets said the macroeconomic case for bitcoin is getting stronger after the company’s spot BTC ETF, IBIT, recorded its highest trading volume during a positive week.

Nvidia’s better-than-expected earnings and strong outlook lifted technology stocks, bitcoin and companies tied to AI infrastructure.


Nvidia shares rose 6% in premarket trading after blockbuster earnings strengthened confidence in artificial intelligence.
Nvidia reported second-quarter revenue of $96.2 billion for the period ended July 26, up 18% from the previous quarter and 106% year on year. The US technology company expects about $108 billion in revenue next quarter, while CEO Jensen Huang pointed to the rapid development of artificial intelligence.
Asian-Pacific stocks rose at Thursday’s open for a third straight session after Nvidia reported better-than-expected earnings. The result lifted technology hardware makers and renewed investor confidence, despite overnight data showing the Federal Reserve’s preferred US inflation gauge remains elevated.

Nvidia reported better-than-expected results and said it expects revenue to grow another 70% in fiscal 2028.
Nvidia shares initially fell after the company released its quarterly results on Wednesday, then surged, giving investors a roller-coaster ride. The move underscored Wall Street’s lofty expectations for its favored AI chip designer.

Nvidia expects to generate $108 billion in revenue within a few months, following a record $96.2 billion quarter. Data center revenue more than doubled year over year to $89 billion, while profits reached $59.7 billion. Consumer business growth was tempered by slower PC sales, higher prices, and component shortages.
Nvidia’s sales outlook beat expectations but failed to satisfy all investors, deepening worries about whether artificial-intelligence spending can maintain its momentum.
Nvidia projected quarterly revenue above Wall Street expectations on Wednesday, but the forecast did little to calm investor concerns about the company’s long-term dominance of the AI chip market.

Nvidia, a bellwether for the technology sector, reported fiscal second-quarter results after Wednesday’s close that exceeded estimates. The company projected $108 billion in revenue for the following quarter.
Ningxia has begun piloting China’s batch-based inspection and quarantine model for agricultural food exports. Zhongwei Customs cleared the first broccoli shipment to Malaysia. The system shifts oversight from export lots to production lots, allowing later shipments to be released directly when no risks are found and reducing clearance time and costs.
Britain is planning a new stablecoin-related objective for the Bank of England. Financial stability would remain the central bank’s primary duty, while annual reports to Parliament on the new objective are also planned.

Vietnamese Prime Minister Le Minh Hung has urged Chinese companies investing in Vietnam to move toward higher-quality, technology-driven projects, including artificial intelligence, 5G and semiconductors.
The euro rose above 100 rubles on Russia’s interbank market for the first time since March 19, 2026, trading data showed. At 11:01 a.m. Moscow time, it was up 1.69% at 100.006 rubles, while the dollar gained 1.65% to 85.79 rubles. Both rates were flat by 11:16 a.m.
U.S. spot bitcoin funds have attracted $2.8 billion since the current inflow streak began, while ether ETFs are matching them day by day. With three sessions remaining, August could become their strongest month since October 2025.

Russian stocks opened lower on Thursday, with the MOEX and RTS indices each down 0.57% at 10:00 a.m. Moscow time. By 10:15 a.m., their losses had widened to 0.77%, while the yuan rose against the ruble.
Canada said Wednesday that fish and seafood would be left off the counter-tariff list for U.S. imports, a day after announcing duties on roughly $20 billion in American products.
Canada took fish and seafood off its counter-tariff list a day after announcing import duties on US goods, saying the change followed feedback.
Canada’s counter-tariffs are putting key US states under pressure ahead of the midterm elections. Canada’s former chief negotiator sees a rocky road ahead.
South Korea’s Mirae Asset is reportedly targeting a $109 billion digital asset business centered on Digital X, with profitability planned by 2027.

Glassnode sees $81,000-$86,000 as a major resistance wall for Bitcoin on its way to the January high, partly because many long-term holders are near breakeven in that range.

Thailand plans to move away from imported gas and adopt renewable and nuclear power as it seeks an energy system less exposed to external shocks such as the Iran war.
Investors are preparing for Kevin Warsh’s first speech as chair of the US Federal Reserve at the central bank’s annual economic policy meeting. His comments on the US interest-rate outlook at Friday’s Jackson Hole symposium could offer clues for markets, including stocks and bonds recently pressured by rising Treasury yields.


Treasury yields edged lower as investors prepared for the release of initial jobless claims data and a closely watched speech by Federal Reserve Chair Kevin Warsh.
Forbes Russia says the combined wealth of the country’s richest women fell from $25.75 billion in 2025 to $18.95 billion this year. Wildberries founder Tatyana Kim remained first for the fifth time, but her fortune dropped from $7.1 billion to $5 billion amid falling share prices and Ukrainian drone strikes on the company’s warehouses. The number of female billionaires fell from nine to four, and the ranking had no newcomers.
Portugal’s largest construction company, Mota-Engil, said first-half net profit rose 24%, driven by strong growth and higher margins in Africa and Latin America. Its global order book also reached an all-time high.
Chinese smart pet products, including AI-enabled feeders and health-monitoring devices, attracted international buyers at the 28th Pet Fair Asia in Shanghai. The event featured more than 2,600 exhibitors, while pet-product exports continued to grow, with Ningbo Customs recording 22.4 billion yuan in declarations during the first half, up 21.7% year on year.
Hong Kong Exchanges and Clearing is considering merging its GEM board with the main board through a new listing-rules chapter, according to a source familiar with the discussions. Proposed Chapter 18D would form part of the second phase of a listing-regime review and could be put to public consultation by year-end.

Six months into the Iran war, OPEC+, the world’s most powerful oil alliance, finds itself unable to influence a market it once helped shape, while China is gaining influence.
The 2026 China International Fruit Expo opened Wednesday in Shanghai, bringing together nearly 300 exhibitors from more than 60 countries and regions. Representatives from major exporters including Chile and Australia expressed confidence in China’s market. An expo report said Chinese fruit consumption is moving beyond basic needs toward emotional and social experiences as incomes rise and wellness trends grow.
The 17th Dongguan Taiwan Famous Products Fair, scheduled for Sept. 3–6, will for the first time include all 22 counties and cities from China's Taiwan Province. Organized around industrial chains, the event will cover semiconductors, AI and new energy, with project signings, supply-chain matchmaking and participation by more than 150 major buyers.
China supplied 21.9% of the EU’s goods imports in the second quarter of 2026, remaining the bloc’s largest source, Eurostat said. EU imports from China totaled 153.6 billion euros, up 7.9% year on year, while exports to China rose 2.8% to 50.3 billion euros. The United States was the EU’s largest export market.
Gold entering Hong Kong declined to about 107 tonnes in July, even as mainland corporate buyers invested heavily in new bullion vaults. Non-monetary gold imports dropped around 18% from June, when banks built inventories ahead of the July 7 trial launch of the city’s gold clearing and settlement system, pushing imports to a decade high.

Treasury Secretary Scott Bessent and Federal Reserve Chair Kevin Warsh appear divided over a central question in U.S. financial policy: how hands-off policymakers should be when determining the price of money.
Dubai International Airport says passenger numbers fell sharply in the second quarter as the Iran war disrupted air travel and led many travelers to avoid the Middle East.
Gregor Stuart Hunter looks ahead to the day in European and global markets.
French spirits group Pernod Ricard reported a worse-than-expected 3.9% organic sales decline for fiscal 2026. Persistently weak consumer demand in the United States and China, along with tourism disruption caused by the Middle East conflict in the fourth quarter, weighed on results.
Binance co-founders Changpeng Zhao and Yi He adopted the Simpsons character names “Homer” and “Marge” for company meetings. Yi, now one of Binance’s co-CEOs alongside Richard Teng, continues to use “Marge” in meetings and chats.

Qantas shares rose 4% after the airline reported full-year earnings and unveiled new business-class seats amid strong demand for premium travel.

A Dallas Fed analysis says AI-directed accounts could let customers move deposits rapidly between banks, weakening the stable funding that supports long-term lending. Greater deposit sensitivity could push banks toward wholesale funding or more liquid assets, raising borrowing costs for consumers and businesses. Tokenized deposits are still early, and the scale of the effect remains uncertain.

A century of data suggests that low corporate bond spreads were once normal. Are they normal again today?
Europe’s gas inventories are at historically low levels for this point in the year. Disrupted LNG flows from the Middle East are raising the risk that prices could surge above €100 per megawatt-hour this winter.

Oil prices fell again on Thursday, extending their run of losses, as markets hoped talks between Iran and Qatar could reopen the Strait of Hormuz and reduce supply disruptions caused by the war in the Middle East.

Qatari Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani is due in Tehran on Thursday to discuss de-escalation, renewed US-Iran dialogue and Qatar’s mediation efforts. The visit will also address the Strait of Hormuz as the US-Israel war on Iran approaches its sixth month without a diplomatic breakthrough.
Bank of Japan Deputy Governor Ryozo Himino on Thursday emphasized the need for timely interest-rate increases, focusing on rising inflation risks and reinforcing prevailing market expectations of a near-term rise in borrowing costs.
Bitcoin slipped below $79,000 as traders began betting on a Federal Reserve rate hike, with XRP recording the steepest losses. Every major token except Solana and BNB was flat or lower over 24 hours, while Bitcoin retained a 14% weekly gain and XRP was up 28%.

Indian shares opened higher on Thursday as oil prices fell on expectations that Iran-Oman talks could reopen the key Strait of Hormuz. Strong earnings from Nvidia also lifted other Asian markets.
The German Finance Ministry estimates that Russian assets frozen or immobilized in the country under EU sanctions total about €3.51 billion. The figure includes assets of listed individuals and entities and confirmed Russian Central Bank assets subject to a transaction ban, and may vary by valuation method.
The Indian rupee is expected to open little changed on Thursday. Lower oil prices and sustained intervention by the Reserve Bank of India are likely to counter expectations of a Federal Reserve rate hike next month and continued dollar demand for hedging.
Russian Presidential Adviser Anton Kobyakov said the Northern Sea Route presents unprecedented opportunities as logistics chains are disrupted and traditional routes are affected by military and political tensions. He said it protects temperature-sensitive cargo, reduces refrigeration and insurance costs, and removes intermediate customs checkpoints.
Russia added 102.4 million carats to its diamond reserves in the first half of the year, along with 12.1 metric tons of platinum group metals and 176.6 metric tons of gold, Rosnedra chief Oleg Kazanov said. He attributed the gains mainly to further geological exploration and reassessment of existing deposits, rather than only to new discoveries.
An underwatched indicator that helps show whether capital is moving steadily and in large enough amounts to lift prices has turned positive, lending support to the prospect of bitcoin reaching $80,000 in August.

China’s private funds expanded their managed assets last month as mutual funds contracted, with investors diversifying during a sell-off in semiconductor shares. Domestic mutual funds lost 560 billion yuan (US$83.3 billion), or 1.4 per cent month on month, in July, bringing net assets to 39.11 trillion yuan and ending a four-month growth streak.

If being overweight America is no longer the default investment choice, it could upset the country’s economic equilibrium.
Norway is seeking to double down on oil and gas despite the EU’s green rhetoric.
France has overtaken Italy as the main concern for European bond investors, with Paris’s borrowing costs staying above Rome’s for most of the summer. The shift reflects worries about France’s forthcoming budget and next year’s elections.
Bitcoin treasury companies have lost $80bn in value as crypto hoarders sell tokens and return to their former activities.
Changes in sovereign bond risk premiums depend on how political power is organised.
The wealthy have embraced gold enthusiastically, with their faith in the metal remaining untarnished.
Manchester-based cinema software group Unique X is exploring a London listing and could command a valuation of £300mn in an IPO next year.
New passenger car sales in Russia may total 110,000–115,000 units in August 2026, Autostat head Sergey Tselikov said. That would represent a 6%–10% decline from the 122,200 cars sold in August 2025, while last year’s surge is not expected to recur.
The Japanese regulator’s registration of a new platform for trading unlisted shares could create a more favorable capital-raising environment for the country’s IPO ecosystem and give startups a boost.

Qantas Airways offered a positive revenue outlook on Thursday and said it will start retiring its Airbus A380 superjumbos in 2028. The announcement came as annual underlying profit fell 14%, with a spike in fuel prices weighing on results.
Online fast-fashion retailer Shein is expected to price its Hong Kong IPO at the midpoint of the marketed range, raising HK$13.6 billion, or $1.73 billion, according to two people familiar with the matter.
When Tim Wannenmacher entered his first ultra-marathon across the Gobi Desert in 2008, he had never run more than 10km. He set a clear course and completed it, then returned to the event circuit and regularly joined Hong Kong’s 100km Oxfam Trailwalker. Wannenmacher works for UBS, which reportedly manages US$7.3 trillion in assets.

Private equity firm KKR will pay a record $250mn to settle a US Department of Justice lawsuit. The firm strongly disputes US claims over its buyout filings and says it acted in good faith.
A US Treasury license permits imports of specified Russian-origin diamonds until September 1, 2027, under conditions concerning their location outside Russia and export history. Diamonds weighing at least one carat must not have been exported or reexported from Russia since March 1, 2024; the threshold is 0.5 carats for diamonds covered by the September 1, 2024 cutoff.
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