US knowledge worries beginning to rear its ugly head once more

There was fairly a bit to digest with the US ISM companies PMI print from yesterday right here. For one, the headline was weaker than anticipated and it begins to deliver up considerations that we're in for a string of dangerous knowledge…

InvestingLive Asia-Pacific FX information wrap: US greenback loses floor, Kiwi $ leads

Shanghai Gold stockpiles hit file as arbitrage exercise surgesNvidia once more rejects U.S. chip backdoor proposals, citing safety dangersJapan ruling get together LDP Taro Kono says increased charges are wanted to bolster the yenDOJ prices…

Shanghai Gold stockpiles hit report as arbitrage exercise surges

Gold inventories at warehouses linked to the Shanghai Futures Change have hit a report excessive of over 36 tonnes almost doubling in a monthsurge is pushed by merchants exploiting a widening hole between excessive futures costs and cheaper…

Nvidia once more rejects U.S. chip backdoor proposals, citing safety dangers

Nvidia has rejected U.S. proposals to embed monitoring or kill switches in AI chips bought overseas, warning such measures would create severe cybersecurity dangers and injury belief in American expertise.In a weblog publish revealed in English…

Japan ruling get together LDP Taro Kono says larger charges are wanted to bolster the yen

Taro Kono has been calling for larger Financial institution of Japan charges since at the least the center of 2024. He's at it once more, saying in a brand new convention its mandatory to lift charges to spice up JPY:cited the issues generated…

DOJ fees two in California over unlawful exports of Nvidia AI chips to China

The U.S. Division of Justice has charged two Chinese language nationals with illegally exporting tens of tens of millions of ' price of superior AI chips, together with Nvidia's H100 processors, to China between October 2022 and July 2025.by…

NZD/USD and AUD/USD are again at their session highs after kiwi jobs knowledge

I posted the NZ knowledge earlier:New Zealand Q2 Unemployment price 5.2% (vs. anticipated 5.three%)Recapping knowledge earlier - New Zealand labour market knowledge reinforces price lower expectationsThe kiwi has moved larger after the info,…

AMD Q2 recap: Stable headline numbers, however knowledge heart weak spot weighs on shares

Superior Micro Units (AMD) delivered Q2 outcomes (hyperlink to earlier submit for extra) that topped income expectations however disillusioned on the information heart entrance, a key development section tied to AI.Adjusted EPS: $zero.48,…

Federal Reserve 2025 Jackson Gap Financial Coverage Symposium shall be held August 21-23

By way of the Kansas Metropolis Fed:The Federal Reserve Financial institution of Kansas Metropolis’s Financial Coverage Symposium in Jackson Gap, Wyoming, is without doubt one of the longest-standing central banking conferences on the planet.…

PBOC units USD/ CNY mid-point at present at 7.1409 (vs. estimate at 7.1797)

The Folks's Financial institution of China (PBOC), China's central financial institution, is answerable for setting the every day midpoint of the yuan (often known as renminbi or RMB). The PBOC follows a managed floating alternate fee system…