Brazil President Luiz Inácio Lula da Silva’s policy platform chief rejected investor calls for public-spending cuts, saying austerity would be unnecessary if the leftist wins reelection, according to Bloomberg. The remarks came in an interview as investors seek spending cuts.

According to CNBC, the Bank of Canada is confronting weaker growth and higher inflation as retaliatory tariffs follow the collapse of trade talks with the United States, and it is due to announce its latest interest-rate decision at 9:45 a.m. ET on Wednesday. U.S. President Donald Trump's trade war includes 50% tariffs on a wide range of Canadian goods, while Canada has announced retaliatory tariffs set to take effect on Sept. 8 and affecting more than $20 billion in goods. The Bank of Canada left its benchmark rate unchanged at 2.25% in July for a sixth straight decision, after the Canadian economy grew 0.8% in the second quarter and headline inflation rose to 3% in July from 2.8% in June. Bank of America economist Carlos Capistran said the central bank is likely to keep a cautious tone and continue assessing the economy and inflation outlook, while Goldman Sachs forecast a 0.3 percentage point drag on Canadian GDP growth and a 0.3 percentage point boost to inflation from Trump's tariffs.

BNP Paribas SA accounted for nearly half of the record $4.2 billion in stock trades tied to MSCI Inc.’s index rebalancing through India’s new closing-auction system, according to people familiar with the matter. The French lender’s share put it ahead of its Wall Street peers, Bloomberg reported.

European and UK bonds extended losses on Wednesday as natural gas prices climbed further, keeping investors worried about inflation, according to Bloomberg. The selloff continued in both markets as gas prices rose.

BlockBeats reported on September 2 that TradingBeats monitoring showed whale address VBVIT had recently built large short positions in BTC, ETH, and the Nasdaq 100-related U.S. stock benchmark XYZ100. According to BlockBeats On-chain Detection, as of 17:41 (UTC+8) on September 2, the address held combined positions of about $107.5 million across the three shorts, with unrealized gains of roughly $2.45 million. Based on TradingBeats' current short-position rankings, the address is now the third-largest BTC short, the eighth-largest ETH short, and the second-largest XYZ100 short. The address holds about 839.45 BTC in short positions valued at roughly $64.32 million, using 10x leverage with an average entry price of about $78,146.8, and has unrealized gains of about $1.28 million. It also holds about 11,851.47 ETH short positions valued at roughly $28.12 million, using 20x leverage with an average entry price of about $2,451.97, and has unrealized gains of about $934,800. In addition, it holds about 522.16 XYZ100 short positions valued at roughly $15.09 million, using 20x leverage, with unrealized gains of about $237,800. The address currently holds 86 positions in total, including 60 short positions. Its total short exposure is about $137 million, with overall unrealized gains on short positions of about $2.62 million. It is also the largest short holder on Hyperliquid for multiple U.S. stocks and ETF-related assets, including ASML, IBM, AVGO, and MRVL, among 14 targets. The address previously drew attention from the on-chain trading community after opening nearly $30 million in SPCX short positions on Hyperliquid. Its historical completed win rate stands at 48.44%.

Blade and vane makers fell after Elon Musk said SpaceX would begin making the parts used in natural gas turbines. According to Sina Finance, he said in a post on X that in-house casting at SpaceX could speed turbine deployment by as much as 18 months. Howmet Aerospace fell more than 7% on Monday before partially rebounding on Tuesday, while smaller player DPC was also hit. The article said Howmet and Berkshire Hathaway-owned Precision Castparts are the two biggest players in the market, which also supplies blades and vanes for aerospace and defense. The report said SpaceX still faces major barriers to entry, including technical challenges, secrecy in the casting process, and long lead times for equipment and staffing. It also said SpaceX is not expected to become a major external supplier of blades and vanes.

According to Jin10, Jefferies upgraded Xiaomi Group (01810.HK) to Hold and set a target price of HK$25.54.

Binance Blog published a new article, revealing insights into rug pull scams and the warning signs that can help investors assess token risk before trading. The article explains that a rug pull occurs when the people behind a token extract value from the project and leave other investors with significant losses. It notes that a token can appear legitimate through rising prices, strong trading volume, a verified contract, or renounced ownership, yet still turn out to be a scam. The piece also outlines why these schemes are difficult to detect, how scammers create the appearance of popularity, and why risk warnings should be treated as one layer of protection rather than a substitute for independent research. In addition, it describes common methods used in rug pulls, including removing liquidity and dumping large token holdings, both of which can make selling difficult or cause prices to collapse sharply. The article emphasizes that high trading volume, a large holder count, or social media buzz do not by themselves prove that a token is genuine or safe. The article also details what investors should review before buying a token. These checks include examining liquidity, token distribution, unusual activity, promises of guaranteed returns, and verification of the official contract address. It warns that scammers can copy a token’s name, symbol, and logo to mislead buyers, and that a small test purchase does not prove a token is safe, even if a sale succeeds at that moment. The article explains that rug pulls are hard to identify because legitimate projects can share many of the same traits, such as verified contracts, renounced ownership, locked liquidity, professional-looking websites, large communities, and high trading volume. It adds that the key issue is how wallets and funds behave, especially when insiders hold too much supply, sell suddenly, remove liquidity, or move funds across many wallets to obscure control. The article closes with a real-life example involving a token promoted in a Telegram group where only the moderator could post, making the project appear active while hiding whether independent buyers were involved. After money flowed in, the scammers removed liquidity and the token’s value collapsed, leaving holders unable to sell.

Volkswagen AG Chief Executive Officer Oliver Blume is heading into Friday’s supervisory board meeting with little sign a compromise with labor officials on his sweeping restructuring plan is attainable, according to Bloomberg. The report said chances of an accord are receding.

Luxury home sales in the Seattle area fell 15% as job cuts at Microsoft, Amazon and Meta weighed on the market, according to Bloomberg. The slowdown in the region's high-end real estate comes as layoffs linked to AI spending and restructuring have reduced demand from tech workers.

OpenAI says its upcoming Astra model can find and exploit previously unknown security flaws, so it is adding stronger safeguards before release. Astra will initially be limited to selected testers, while OpenAI monitors its activity and restricts capabilities to reduce the risk of misuse.

Webull has launched crypto trading in Canada through Coinbase’s infrastructure, giving customers access to assets such as Bitcoin, Ether and Solana on its existing platform. The move expands Webull’s investment services as crypto ownership in Canada grows, with digital asset ownership rising to 25% this year from 10% in 2023.

一条链好不好，不看它说自己能做什么，看它真的在做什么。

More than $13.5 million sitting in a Premier League bank account has been frozen by the UK’s National Crime Agency as investigators examine whether the funds could be linked to alleged third-party criminality.

YZi Labs 究竟算不算一家真正意义上的顶级 VC？

欧洲央行已经开始把这些讨论推进到实际基础设施层面。

美联储,沃什,事情似乎正变得糟糕起来 金色财经,事情似乎正变得糟糕起来

Astra is the first OpenAI model to cross its Critical cybersecurity capability threshold — meaning it can find previously unknown security flaws and exploit them without step-by-step guidance from humans

真正值得观察的，是地址如何进出市场：交易节奏、买卖平衡、资金周转、持仓集中度、市场选择，以及资金反复周转时每承担一单位风险能产生多少利润。

"Nothing that was deployed seven or 10 years ago is prepared or ready to handle AI at machine speed"