Unpacking the myth of the magazine cover indicator in financial markets
The magazine cover indicator is widely misused but has a real mechanism worth understanding.
03/09/2026 23:5121 min read
BiFu News
Crypto, forex and global macro markets — insight to help you spot the opportunity
Waller's Remarks Shift Fed Rate-Hike Odds by 12 Points in Minutes
Waller's comments triggered a 12-point drop in September rate-hike odds, as captured by CME FedWatch's live futures pricing.
03/09/2026 23:1125 min read
BitMEX Co-Founder's £4M Donation to Reform UK Precedes Exchange Closure
BitMEX co-founder Ben Delo donated £4 million to Reform UK in April, accounting for 72% of the party's Q2 donations. The exchange is closing on September 23.
03/09/2026 22:4210 min read
Waller's dovish remarks lift stocks, trim September rate hike odds
Fed's Waller says he would back holding rates steady if disinflation continues, sparking a stock rally and lowering short-term rate hike odds.
03/09/2026 22:3218 min read
Fidelity cautions bitcoin bear market may not be finished
Fidelity report: bitcoin bear market may not be over, bottom possible in November.
03/09/2026 22:287 min read
Bitcoin-Gold Correlation Hits Highest Level in Six Years
Bitcoin’s correlation with gold hit a six-year high, per Bitwise, as debasement fears drive investors to both assets; bitcoin traded near $81,438.
03/09/2026 21:438 min read
Oman Rejects Iran's Joint Fee Proposal for Hormuz Ships - Report
Oman has reportedly rejected Iran's plan to jointly charge fees on ships in the Strait of Hormuz, contradicting earlier claims by Iran's IRGC.
03/09/2026 21:4216 min read
Palantir Shares Jump 8% After PwC Deal, Ignoring Burry's Warning
Palantir stock rose 8% on Thursday after announcing an expanded strategic alliance with PwC, even as Michael Burry reiterated his bearish view on the company.
03/09/2026 21:4210 min read
Fed's Waller downplays rate hike bets; yen surges
Waller signaled no hurry to raise rates; yen jumped on suspected intervention.
03/09/2026 21:414 min read
Citi bumps 3Q26 Brent forecast to $86, holds 2027 view at $65
Citi revised its 3Q26 Brent forecast up to $86 per barrel, held 4Q26 at $70 and 2027 at $65, and adjusted gas forecasts.
03/09/2026 21:1312 min read