Amazon (NASDAQ: AMZN) is reportedly exploring external sales of its custom AI chips, creating a potential new catalyst beyond AWS. If Trainium and Inferentia gain traction, Amazon could challenge Nvidia's pricing power …
BNY’s Geoff Yu notes that the Bank of Canada (BoC) is widely expected to keep its policy rate unchanged at 2.25%, with markets not pricing cuts until at least Q4. The report states that recent core inflation and labor m…
Gold retreats 5% while platinum and palladium post double-digit losses in volatile end-of-year trading.
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Societe Generale strategists note that India’s June Consumer Price Index (CPI) release will be important for bond markets, with the 10-year IGB yield holding near its 200-day moving average around 6.71%. They highlight …
Rabobank strategist Michael Every discusses rising geopolitical risks around the Strait of Hormuz after the apparent collapse of a US-Iran memorandum of understanding. Every notes both sides are now striking each other,…
ING analysts Chris Turner, Frantisek Taborsky and Francesco Pesole note that higher energy prices and tensions in the Gulf are supporting the Dollar against low-yielding currencies. They highlight that US energy indepen…
The Euro (EUR) claws back its early losses and turns slightly positive at around 1.6170 against the Canadian Dollar (CAD) during the European trading session on Monday. The cross bounces back as the Euro strengthens ami…
Oil prices jumped and stocks fell after the US launched a fresh wave of attacks against Iran amid an escalating standoff over the strait or Hormuz.
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Taiwan Semiconductor Manufacturing Co. reported a 67.9% year-on-year rise in its June sales on Monday, ahead of its second-quarter earnings release later this week.
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UOB’s Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has slipped after testing 1.1460, with increasing downward momentum but major support at 1.1360 seen as difficult to reach near term. For the coming 1–3 weeks,…
The Euro (EUR) depreciates moderately against the US Dollar (USD) on Monday, as escalating tensions between the US and Iran and the closure of the Strait of Hormuz dampened appetite for risk and boosted inflationary pre…
The Australian Dollar (AUD) underperforms its major currency peers, trading 0.32% lower to near 0.6930 against the US Dollar (USD) during the early European trading session at the start of the week. The antipodean is un…
Most Asian equities trade in negative territory on Monday amid renewed geopolitical tension in the Middle East after reports of US-Iran airstrikes and Tehran's closure of the critical Strait of Hormuz.
The Indian Rupee (INR) opens significantly lower against the US Dollar (USD) on Monday. The USD/INR jumps to over a six-week high around 95.80, as renewed Middle East hostilities have strengthened the US Dollar and oil …
The price for Gold stood at 12,486.07 Indian Rupees (INR) per gram, down compared with the INR 12,683.20 it cost on Friday.
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Gold (XAU/USD) opens with a modest bearish gap at the start of a new week and slides back closer to the $4,050 level during the Asian session. A further escalation of tensions between the US and Iran, along with the clo…
USD/CHF gains ground for the second successive day, trading around 0.8100 during the Asian hours on Monday. The pair appreciates as the US Dollar rises on increased safe-haven demand amid heightened geopolitical tension…
SEOUL, July 13 (Yonhap) -- The South Korean central bank said the global semiconductor market remains undersupplied and the current AI-driven supercycle is expected to continue for some time, according to a report relea…
Gulf drone strikes lifted Brent to $111.34 and WTI to $107.84 and pushed the 10-year US Treasury yield to 4.631% and the 30-year to 5.159%, triggering risk-off flows that sent Asian equities lower (Nikkei -1.1%) amid we…
SK Hynix shares tumbled more than 10% in Seoul on Monday after the chipmaker's strong Nasdaq debut Friday, as investors locked in profits and weighed whether surging demand for artificial intelligence memory chips justi…
(RTTNews) - The Hong Kong stock market turned higher again on Friday, one day after halting the three-day winning streak in which it had jumped more than 800 points or 3.6 percent. The Hang Seng Index now sits just abov…
NZD/USD depreciates after three days of losses, trading around 0.5750 during the Asian hours on Monday. The currency pair holds onto its losses as the New Zealand Dollar (NZD) remains subdued, failing to find immediate …
