Global markets experienced extreme volatility last week, driven by a stronger-than-expected US jobs report showing 162,000 positions added in August versus the 53,000 economists had forecast. This surprise triggered a rise in US bond yields, with the 10-year Treasury exceeding 4.78%, and downward pressure on equity indices. Crude oil remained above $90 per barrel, supported by Middle East tensions and concerns over the Strait of Hormuz. Tesla shares fell 6% following a new NHTSA investigation into its autonomous Cybercab vehicle. Zoomex, a crypto derivatives platform founded in 2021 serving over 3 million users across 35 countries, positions its stock perpetual contracts as a tool for traders to react in real time to this macroeconomic volatility.
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