Didi shares are down 20% in pre-market trading as Chinese regulators have ordered the company's app to be removed app stores over national security concerns over how the company handles privacy data of its users.Didi Global, the Chinese version of Uber, was the second biggest Chinese IPO following Alibaba and...

While US technology stocks made a new all-time high risks are lurking beneath the surface with oil and natural gas prices marching ahead driven by OPEC+ decision to not increase production and limited supply of LNG to Europe while a number of gas pipelines are under maintenance. These price rises...

Asian stocks were mixed overnight with US Treasuries trading softer and gold higher in response to rising oil prices after OPEC+ was plunged into crisis after failing to agree on a production increase from August. The dollar traded softer led by the AUD after the RBA slowed its pace of...

The London update is one step closer to launch on the Ethereum network after being deployed on a testnet. The update will make transaction fees more predictable and burn a part of the fee, to the frustration of miners. From London to a country nearby, a German law comes into...

This week's focus will be on the FOMC minutes. The report could show growing divergence concerning the transitory nature of inflation among members, pushing forwards tapering expectations. The summer lull will keep US Treasury yields rangebound. However, August will be pivotal as there are increasing doubts regarding an extension of...

The below summary highlights futures positions and changes made by hedge funds across commodities, forex and financials up until last Tuesday, June 29. A week where risk-on courtesy of stable Treasury yields and an unchanged dollar helped U.S. stocks to fresh record highs. Commodities generally traded higher thereby supporting speculative...

A U.S. holiday shortened week has kicked off on a quiet note after the S&P 500 on Friday managed to hit another record. In addition, Treasury yields, and the dollar softened after the US job report eased concerns about the Fed's hawkish pivot. Overnight some focus on China where the...

Macro Dragon = Cross-Asset Quasi-Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...