Long-dated government bond yields rose sharply this week, with 30-year yields climbing in the US, UK, Japan and Germany. Market participants cited growing concern over fiscal and monetary policy paths in several major economies as pressure on long-duration debt. #bonds #FiatNews
A federal jury ordered Google to pay $425 million for collecting data from users who had disabled tracking, a verdict Google says it will appeal. Separately, France's data regulator CNIL fined Google €325 million for cookie consent issues; Shein received a €150 million fine. #Google #FiatNews
Alphabet shares jumped 9.1% after a US antitrust ruling did not require Google to sell its Chrome browser or the Android operating system—outcomes that had been among investors' biggest concerns. The decision was long awaited by market participants. #Alphabet #Google #FiatNews
US equities closed mixed: S&P 500 +0.5%, Nasdaq 100 +0.8%, Dow Jones roughly unchanged. Alphabet was the standout, rising 9.1% after a favourable court ruling; broader gains occurred despite pressure on long-duration bonds. #SP500 #Nasdaq100 #Alphabet #FiatNews
European stock futures showed little movement ahead of key data: Stoxx 50 -0%, FTSE 100 +0.1%, DAX -0%, CAC 40 -0.1%. Investors are awaiting Czech preliminary inflation and Eurostat retail figures, keeping early European trading subdued. #Stoxx50 #FTSE100 #DAX #CAC40 #FiatNews
Bitcoin closed August in the red for the first time since April, prompting questions about whether the decline will continue in September. After months of trading near a key support zone at $105,000–$110,000, investors are watching whether the market can regain upward momentum or break that base. #Bitcoin #BTC
September is historically weak for Bitcoin: since 2013 eight of 12 Septembers ended lower, with an average decline of −3.8%. Traditional markets show a similar seasonal pattern—since 1928 the S&P 500’s average September return is −1.2%—though past sharp August drops have sometimes been followed by September stabilization or rebounds.
Analysts highlight bullish technical signals. Rekt Fencer notes that 2025 price action closely mirrors the 2017 pattern of a late‑August retest followed by a rally. The former resistance at $105,000–$110,000 now acting as support is a classic bullish sign, and a hidden bullish RSI divergence suggests returning buyer demand. Analyst ZYN says these patterns could allow Bitcoin to test record highs within 4–6 weeks.
Macro factors may also help: the correlation between Bitcoin and the U.S. Dollar Index (DXY) fell to −0.25—the lowest in two years—so a weaker dollar amid expectations of slower growth and potential Fed rate cuts could support crypto. Analyst Ash Crypto says lower rates and higher liquidity could amplify moves. Key support levels, momentum indicators and the dollar’s path will determine Bitcoin’s near‑term direction. #FiatNews
Economist Lawrence Summers told Yahoo Finance that the biggest medium-term risk to the U.S. economy is the erosion of the central banks credibility stemming from inflation still not reaching the 2% target. He said he has "high confidence" in the personal integrity of Fed Chair Jay Powell but described the political pressure on the Fed as "illegitimate and irrational."
Summers added that he might weigh the trade-offs between inflation and unemployment somewhat differently than Powell, but he does not believe Powell is being swayed by the pressure. He called efforts to remove Fed Governor Lisa Cook an "attack on the Fed," saying such moves and attempts to influence state institutions "destroy norms" and pose a "very serious threat," warning they could push the U.S. toward paths taken by countries like Argentina.
On proposed government stakes in companies, Summers said he lacks full details on any Intel transaction but cautioned that a shift toward transactional arrangements—what he called "capitalism 'something for something'"—runs counter to capitalism based on clear rules and laws. He mentioned deals involving U.S. Steel and some law firms as examples he expects to find similar features in. #inflation #Fed #INTC #FiatNews
The US administration is blocking new onshore wind projects. Separately, Galaxy Digital plans to enable trading of equities on the Solana blockchain; Burberry returns to the FTSE 100; and Unilever's CEO plans to replace about a quarter of top management. #FiatNews