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Oil and safe-haven assets surge as Middle East conflict rattles global markets

Escalating U.S.–Israel–Iran hostilities sent crude prices sharply higher and pushed investors into safe havens. Airlines, hotels and cruise lines fell on fuel-cost and demand fears, while analysts mapped a plausible path for Brent to $120 if shipping and supply risks persist. U.S. Treasury yields jumped after a hot ISM prices reading added to inflation worries, complicating the outlook for near‑term rate cuts.

Source: Seeking Alpha


U.S. factory activity firms, but rising input costs stoke inflation concerns

ISM Manufacturing beat expectations in February, signaling stabilization in goods activity even as the prices‑paid component accelerated. The hotter input‑cost signal helped lift Treasury yields and reinforced the market’s view that the Fed will tread carefully on cuts as oil and gas spikes ripple through CPI in coming months.

Source: Seeking Alpha


Nasdaq moves to list binary “yes/no” options on the Nasdaq‑100

Nasdaq filed with the SEC to introduce fixed‑payout, event‑style options tied to the Nasdaq‑100 and its micro index, bringing prediction‑like structures into a fully regulated, centrally cleared venue. The products, priced $0.01 to $1.00 with all‑or‑nothing settlement, would give institutions a compliant way to trade short‑horizon outcomes now popular on offshore platforms.

Source: Seeking Alpha; FinanceFeeds


J. Safra Sarasin takes control of Saxo Bank, installs new CEO as integration begins

Swiss private bank J. Safra Sarasin closed its purchase of roughly 71% of Saxo Bank, with founder Kim Fournais moving to Chairman and long‑time Safra executive Daniel Belfer becoming CEO. The deal aligns Saxo’s digital trading franchise with a global, family‑owned banking group and signals deeper convergence between traditional private banking and fintech execution.

Source: FinanceFeeds


Regulated stablecoins gain momentum in Europe and Hong Kong

Qivalis, a consortium of major EU banks, advanced plans to launch a MiCA‑compliant euro stablecoin backed 1:1 by deposits and short‑term sovereign bonds, while locking in distribution talks with exchanges and market makers. In parallel, Hong Kong will issue its first licenses to fiat‑referenced stablecoin issuers and tighten oversight of dealers and custodians, underscoring the regulatory shift toward on‑chain settlement under clear guardrails.

Source: FinanceFeeds; FinanceFeeds


CME says crypto derivatives now span 75%+ of market cap as open interest hits $25B

CME Group reported average daily open interest near $25 billion in 2025 and broadened coverage with ADA, LINK and XLM futures, deepening tools for hedging and relative‑value strategies. The expansion highlights steady institutional engagement with centrally cleared, U.S.‑regulated crypto exposure despite spot‑price volatility.

Source: FinanceFeeds


Landmark win for DeFi: Court dismisses all claims against Uniswap Labs

A federal judge in New York threw out remaining state‑law claims against Uniswap Labs and CEO Hayden Adams, finding plaintiffs failed to show the developer substantially assisted fraud by third‑party token issuers. The decision reinforces a critical legal distinction between publishing open‑source smart‑contract code and participating in misconduct, offering clearer guardrails for DeFi infrastructure builders.

Source: FinanceFeeds


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Business — March 3, 2026 | Briefing24