Hedge Fund Titan Chris Rokos Set to Leave UK for Greece
Chris Rokos, the billionaire founder of Rokos Capital Management, is set to leave the UK and switch his residency to Greece, making him the latest high-profile billionaire to exit the country.
Chris Rokos, the billionaire founder of Rokos Capital Management, is set to leave the UK and switch his residency to Greece, making him the latest high-profile billionaire to exit the country.
Industry leaders are debating whether digital dollar wallets could dismantle traditional bank accounts or merely modernize the infrastructure beneath them.

Russia’s National Wealth Fund stood at 13.19 trillion rubles, or $154.1 billion, on September 1, according to Finance Ministry files. Liquid assets totaled 4 trillion rubles, equal to $46.7 billion. The fund’s central-bank accounts also held 184 billion yuan, 131.5 tons of gold and 1.7 billion rubles.
China’s foreign exchange reserves increased by more than expected in August, central bank data showed on Monday, as the dollar’s weakness continued.
China’s foreign exchange reserves grew by $19.5 billion in August from July to $3.4383 trillion, a 0.57% increase, the State Administration of Foreign Exchange said. Official gold holdings rose by 650,000 ounces to 76.73 million ounces. The agency attributed the gains to shifts in global indicators, monetary-policy expectations, the dollar index, asset prices and exchange rates.
Saudi artificial intelligence firm Humain plans to seek outside investors. An IPO for the company would mark another step in Saudi Arabia’s effort to attract more external capital.
Nvidia supplier Wistron Corp has launched an offering of 25 million global depositary shares worth up to $1.48 billion. The proceeds will fund purchases of raw materials in foreign currencies, according to a term sheet seen by Reuters.
The Reserve Bank of India intensified its foreign-exchange intervention last week, selling at least $8 billion to support the rupee, according to six bankers. A surge of policy-driven dollar inflows gave the central bank more room to back the currency.
The yen climbed to a six-month high, touching ¥154.04 per dollar, with a sharp rise during London morning trading as traders remained alert for signs of intervention.
BRICS is looking for practical mechanisms to lower transaction costs in bilateral trade and strengthen cooperation and investment within the group, an Indian government source said ahead of the September 12–13 summit. Talks on settlements in national currencies and central bank digital-currency platforms are intended as a supplement to existing global payment systems, not as measures against any country or group.
Russia’s stock market turned positive during the main trading session. By 2:00 p.m. Moscow time, the MOEX Index had gained 0.2% to 2,257.82 points and the RTS Index was up 0.2% at 821.46, after both benchmarks opened down 0.71%.
Russian stocks declined at the start of Monday’s main trading session, with the MOEX and RTS indices each down 0.71% at 2,237.42 and 814.03 points. Losses later narrowed to 0.56%, while the MOEX index under the additional IMOEX2 ticker fell 0.99% in morning trading.
The MOEX Index fell 0.99% to 2,231.21 points when Monday’s morning session opened on the Moscow Exchange. By 7:10 a.m. Moscow time, the decline had narrowed to 0.69%, leaving the index at 2,237.97 points.
A Sept. 7 day-ahead look says bitcoin is reacting less than gold when Treasury yields move.

India is boosting coal deliveries by rail to power plants after fuel inventories at several generators fell to critically low levels, the coal ministry said on Monday.
Top Wall Street analysts favor three stocks as long-term picks. Their ratings are supported by detailed research into company financials and careful analysis of factors affecting business performance.

Major Gulf stock markets moved slightly higher in early Monday trading, while investors remained cautious after maritime strikes between the United States and Iran over the weekend.
Britain’s finance minister John Healey said he would not comment on tax policy before delivering his first budget on October 28. Reporters had asked him about possible future tax increases after a speech in central England.
British finance minister John Healey faces pressure to raise billions of pounds in tax at his first budget, helping offset higher borrowing costs and fund Prime Minister Andy Burnham’s plans to expand social care and increase defence spending.
Britain’s new finance minister, John Healey, must soon determine the right balance for a budget that could define Andy Burnham’s premiership. Healey, a former trade unionist, has supported light-touch rules for banks.
Investor morale in the euro zone climbed in September to its strongest level in more than four years, according to a Sentix survey. Gains in expectations and assessments of current economic conditions suggested growing confidence in an economic upswing.
Investors are not doing enough to prepare for the gradual, persistent damage climate change can inflict on asset values, according to BlackRock’s global head of sustainable and transition solutions.
Senior banking executives say Hong Kong could take on a larger role in financing Chinese green-technology companies’ expansion into emerging markets. Geopolitical fragmentation and high funding costs are changing capital deployment in the global energy transition, while Hong Kong’s sustainable-finance market and offshore yuan liquidity could support green and climate-resilience projects in developing economies.

The yen climbed to its strongest level since February, surpassing the peak it reached after coordinated intervention by Japan and the US.
South Korea and the United States have agreed that Seoul’s planned investment in a Texas gas project will total about $22.3 billion, Korean outlet Edaily reported, citing unidentified officials and politicians.
Chinese brokers posted strong first-half profits as active A-share trading lifted brokerage revenue by more than 50%. Blockbuster initial public offerings are expected to become a key growth engine for underwriting and sponsorship in the second half. Across 150 brokers, average net profit rose 23.5% year on year.

Heilongjiang is using its fertile black soil and cold-region resources to develop specialty industries including beef cattle and geese. Provincial foreign trade reached 171.24 billion yuan in the first half of 2026, up 7.2% year on year, while rice, soybeans and goose-related products are reaching markets abroad.
Japan’s official foreign reserves fell to $1.207 trillion in August from $1.287 trillion in July, according to Finance Ministry data. The $80 billion decline followed intervention in the yen and marked a record drop.

The Indian rupee edged higher on Monday despite oil prices remaining near their highest level in more than a month. The Reserve Bank of India continued selling dollars to support the currency, limiting the impact of oil-market pressure.
China’s Ministry of Finance said Monday that it will soon issue 300 billion yuan, or about $44.25 billion, in special treasury bonds to help eight centrally administered state-owned financial enterprises replenish their core Tier 1 capital.
Investment banks say gold could test US$5,000 an ounce by the end of 2026, supported by central-bank demand to diversify foreign reserves. Strong labour data and the Federal Reserve’s hawkish tone have raised monetary-tightening concerns, but RBC Capital Markets forecasts US$4,929 by year-end and US$5,296 in 2027, joining bullish calls from Goldman Sachs and State Street Investment Management.

Stocks are showing exceptionally strong performance.
Wayne Cole looks ahead to European and global markets, highlighting diesel as the factor that could disrupt the outlook of US inflation doves.
Forces pushing yields higher are unlikely to fade, but bond markets are at least back within something resembling a normal range.
HSBC and partners have launched a nonprofit platform to help emerging markets upgrade technology and shift from oil and coal to renewable energy. Backed by HSBC, the Asian Infrastructure Investment Bank, the Silk Road Fund and others, the Green Accelerator Programme will direct private capital toward feasibility studies and due diligence.

Wealth management software company FNZ is pursuing US expansion and profitability, but is once again seeking financial support from investors.
Large US university endowments have lifted their returns through substantial holdings in technology groups such as SpaceX, after trailing the market for several years.
Asian shares rallied on Monday after a strong U.S. jobs report was viewed as supportive of global growth, though it reduced the chances of an interest-rate increase. Oil prices edged higher after the United States and Iran attacked ships in the Gulf.
Spot bitcoin ETFs recorded $987 million in net inflows last week. Their August inflows totaled $3.52 billion, the strongest positive monthly flow since September 2025, as institutional demand shows signs of recovery.

Miller Tabak said Treasury yields are testing the 4.8% level, warning that a sustained move above it could create “meaningful problems” for other asset classes.

Hong Kong’s leading financial regulators are urging local banks to make greater use of the city’s expanding offshore yuan liquidity and prepare for a coming wave of autonomous AI systems in finance. HKMA chief executive Eddie Yue Wai-man said lenders should use their international networks to broaden Chinese yuan business.

Standard Chartered plans to invest more in wealth centres and expand hiring across Hong Kong, mainland China and Taiwan to attract affluent clients. Its wealth and retail banking chief said the bank doubts stricter enforcement of taxes on cross-border investment in Beijing will damage the wealth-management sector, and is doubling down on the Greater China opportunity.

Bitcoin’s rally began after the Treasury said it would raise the cap on selected buybacks of long-term government bonds from $2 billion to $4 billion per operation. The Fed kept rates at 3.50%–3.75%, while some officials favored another hike. Treasury support improved trading liquidity but did not produce a lasting fall in long-term yields, and higher real yields increased the opportunity cost of holding bitcoin, which generates no return.

US spot Bitcoin ETFs posted $174.6 million in net inflows on Friday, down 76.1% from Thursday’s $730.8 million. BlackRock’s IBIT and Fidelity’s FBTC were the only funds with positive flows; the other ten recorded zero net flows. US exchanges will close for Labor Day, with the next regular session on Tuesday.

Canada said it had been attacked, while the United States said it had been ripped off for years.
Democratic Representative Haley Stevens condemned President Donald Trump’s “erratic” tariff war with Canada, saying her home state of Michigan is absorbing much of the economic fallout from the trade dispute.
President Donald Trump said in a Truth Social post that Canada’s currency-dollar “imbalance” with the United States is unacceptable.
US President Donald Trump criticised an alleged “imbalance” in the Canadian dollar as trade tensions between the United States and Canada intensified.
Gulf stock markets closed mixed on Sunday as traders remained cautious amid an escalating standoff between Washington and Tehran.
BlackRock’s IBIT has attracted $63.9 billion in cumulative net inflows since the US spot Bitcoin ETF launch, while the entire category retained $55.5 billion. Funds outside IBIT collectively posted $8.4 billion in net outflows, with Grayscale’s GBTC accounting for $27.6 billion. IBIT supplied enough inflows to offset those withdrawals and still drive the category total higher.

Sugar prices surged this week as the global supply outlook deteriorated sharply. The report examines what is fueling sugar’s strong performance and where prices may head from here.

Solana’s US ETFs recorded $4.9 million in net inflows for the week ending Sept. 4, down about 97% from the prior period but still positive. Separately, CME positioning data showed leveraged funds reduced their net short SOL futures exposure, although they remained net short overall.

An August 2026 study found recurring surges in trading activity for Bitcoin and other crypto perpetual futures at each hour’s 15-minute boundaries. During the first 10 seconds, trades, dollar volume and absolute price moves were substantially larger than during ordinary minutes. The pattern may reflect automated strategies reacting to chart-candle boundaries.

As of Sept. 4, the Fundstrat Granny Shots US Large Cap ETF (GRNY) ranked Strategy and Robinhood Markets as its top two holdings, at 3.02% and 2.99%. The fund owns stocks rather than Bitcoin, but the companies provide crypto exposure through Strategy’s Bitcoin treasury and Robinhood’s crypto trading business. Strategy rose to first after an equal-weight reset and a sharp share-price gain.

Comments by Federal Reserve chairman Kevin Warsh at last month’s Jackson Hole policy symposium have strengthened expectations that the world’s largest economy is heading toward an interest-rate increase. The Fed held its target range at 3.5 to 3.75 per cent in July, but Warsh’s remarks that more work was needed to control inflation have heightened those expectations, with potentially significant effects on global assets and investors.

Shein’s weak stock market debut raises questions about whether ultra-fast fashion can survive. The model’s thousands of new daily styles at single-digit prices is criticised for shifting its true costs onto workers and the environment.
UBS, Jane Street and other firms held a combined $75 million in Hyperliquid ETFs, Bloomberg reported. Brazil’s Wealth High Governance Asset Management was the largest holder of the 21Shares HYPE fund, with about $24 million as of the end of June.

Spotify co-founder Martin Lorentzon said he would leave Sweden immediately if the country introduced new wealth taxes. His warning adds to concerns that proposals under debate before this month’s election could push entrepreneurs and capital abroad.
A Federal Reserve staff note published Sept. 4 outlines how regulated payment stablecoins could eventually be classified in M1 or M2, but only after statistical adjustments. Without accounting for reserve assets already included in the aggregates, US versus global circulation, and economic use, a higher money-supply figure could reflect dollars being given a new wrapper rather than new purchasing power. The research represents its authors’ views and is not a Fed policy deliberation.

A Bank of Korea study finds that buying pressure in currencies paired with Binance is correlated with depreciation in local currencies, as market makers adjust their positions.

Equity grants were once largely reserved for C-suite executives, early startup employees and software engineers. They are now reaching a broader range of workers.
Zcash rose above $1,000 on Sept. 4, lifting Grayscale’s recently launched ZCSH spot ETF to $414.7 million in assets. A sharp rally, roughly $40 million in liquidated ZEC shorts and surging derivatives activity fueled the move, while Grayscale argued artificial intelligence could strengthen the case for Zcash’s privacy features.

Bloomberg News Now reports on Trump easing beef-processing rules for ranchers, a blocked change involving mail ballots and other leading global business stories.
Bloomberg News Now reports that Trump is demanding lower interest rates and says ranchers can process their own beef, alongside other top stories from the day.
Bloomberg’s daily audio report covers stocks closing lower, President Trump saying ranchers can process their beef, and other top global business stories.
A sell-off in US Treasuries is adding pressure to the weakest American borrowers, as spreads on the riskiest junk debt reach their highest level since the market turmoil that followed last year’s “liberation day” tariff blitz.
Robinhood refused AMC Entertainment CEO Adam Aron’s demand to stop trading an AMC-linked Stock Token. The company says the product is debt issued by a Robinhood affiliate that tracks AMC’s economic performance, while holders receive no voting, dividend or other ownership rights in AMC. Aron said he would seek SEC scrutiny; Robinhood said it stands behind the product.

AI is making electricity a central cost and capacity constraint for data centers. Wall Street is packaging their rents, service fees, property and customer contracts into securitized debt, with outstanding data-center securitizations growing from about $4 billion in 2020 to $61 billion by July 2026.

Southeast Asia’s blockchain investment in 2026 has been driven by crypto financial services, but funding remains heavily concentrated in Singapore and a small number of companies.

Wall Street analysts and investors are increasingly willing to criticise Donald Trump directly, particularly after a Treasury intervention in the bond market.
Once little more than schoolyard treasures in Hong Kong, Pokémon cards have become a sophisticated asset class powered by millennial nostalgia and global capital. Rare Pikachus command huge prices, while crime has become a serious concern. The market now includes professional grading, tokenised funds and institutional-grade storage.

A stronger-than-expected rise in US hiring last month has increased the case for the Federal Reserve to raise rates at its meeting later this month, though a hike remains uncertain. Inflation will still weigh heavily on the decision.
U.S. job growth accelerated sharply in August while unemployment remained at 4.1%, signaling a stable labor market and keeping a Federal Reserve interest-rate hike this month under consideration.
A strong Friday jobs report strengthens the case for U.S. rate hikes, while Donald Trump has threatened to halt trade with some countries unless the Federal Reserve cuts rates. Fed Chair Kevin Warsh must weigh the political backlash from tightening against the credibility risk of skipping a hike after his recent hawkish comments.
Anthropic is expected to start marketing its initial public offering no earlier than mid-October and finish the listing a few days before the U.S. midterm elections in November, people familiar with the matter said Friday.
Today’s bond yields could affect personal finances in six different situations.
Norway’s sovereign wealth fund, the world’s largest, proposed reducing government bonds in its $2.3 trillion portfolio to increase exposure to riskier debt. US Treasuries would be affected the most.
A top-performing Pacific Investment Management Co. fund is reducing its exposure to the crowded US Big Tech “Magnificent Seven.” Its manager is instead favoring Asian equipment suppliers, Chinese financial companies and healthcare stocks as potential beneficiaries of the AI boom.
AI company Anthropic is nearing decisions to give Morgan Stanley and Goldman Sachs leading roles in a potential $2tn initial public offering. The company could unveil the paperwork supporting the major Wall Street debut as soon as next week.
William Cohan examines the private-equity giant’s colorful history. Its move into the savings of upper-middle-class households, however, gives the firm’s future greater significance.
Tesla shares fell after the company’s long-awaited Cybercab update failed to impress investors.

President Donald Trump stepped up his campaign for the Federal Reserve to cut interest rates, threatening to halt trade with some economies that run a surplus against the US if the central bank does not act.

Donald Trump says he will cut off trade with countries running trade deficits unless the Federal Reserve sharply lowers interest rates.
President Trump threatens to prevent the United States from trading with many countries unless the Federal Reserve lowers interest rates.
U.S. President Donald Trump said on Friday that he would stop trading with countries running a trade surplus with the United States unless the Federal Reserve lowered interest rates.

President Donald Trump demanded that the Federal Reserve sharply cut interest rates, threatening to stop trading with countries that maintain trade surpluses with the United States.
Japan’s 30-year government-bond auction reached an average yield of 4.079%, up 14.2 basis points from the previous sale. The increase raises the benchmark for Metaplanet’s future borrowing and refinancing, although its existing bonds retain fixed cash flows. Sustaining large Bitcoin purchases through new BitBond issues could become more expensive.

Berkshire Hathaway is well positioned to serve as an active hedge if markets face dislocations.
Zcash has climbed above $1,000 as ETF inflows accelerate and miners enter the market. Inflows into Grayscale’s ZCSH are rising, while stronger network competition is cutting into miners’ gains from the ZEC token’s rally.

Rising bond yields are worrying investors, but robust growth and record earnings could help equity markets absorb higher borrowing costs.
U.S. equity funds posted outflows for a second consecutive week as renewed Middle East tensions pushed up bond yields and oil prices, weighing on sentiment. Strong results from AI-related companies helped curb the selloff.
The US added 162,000 jobs in August while unemployment stayed unchanged, led by local-government education and food services. The stronger-than-expected report lifted expectations of a Federal Reserve rate increase, while Donald Trump called for cuts and threatened trade action against countries running deficits with the US. Canada lost 41,700 jobs, with unemployment steady at 6.4%.


Bitcoin briefly fell about 2% below $80,000 after US nonfarm payrolls rose by 162,000 in August, far exceeding expectations. Markets raised the implied probability of a quarter-point September Fed hike to 59%, while the dollar and Treasury yields moved higher.
Wall Street stocks declined and Treasury yields were mostly higher after an unexpectedly strong jobs report appeared to raise the chances that the U.S. central bank will increase interest rates later this month.
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