China searching for to chop lithium manufacturing - fears of oversupply

China’s Up to date Amperex Know-how Co. Ltd. (CATL) halted manufacturing for not less than three months at its Jianxiawo lithium mine in Jiangxi province. The suspension, triggered by the expiry of its mining allow on August 9, has fuelled…

PBOC is anticipated to set the USD/CNY reference charge at 7.1845 – Reuters estimate

Folks's Financial institution of China USD/CNY reference charge is due round 0115 GMT.The Folks's Financial institution of China (PBOC), China's central financial institution, is chargeable for setting the every day midpoint of the yuan (often…

China July PPI falls three.6%, CPI flat: Weak demand, housing stoop maintain deflation fears alive

China’s factory-gate costs fell greater than anticipated in July, whereas client costs had been flat, signalling that weak home demand and commerce uncertainty proceed to weigh on the financial system.The info was revealed over the weekend,…

Reserve Financial institution of Australia anticipated to chop its money fee this week by 25bp

The Reserve Financial institution of Australia is assembly in the present day and tomorrow, Monday, August 11, 2025 and Tuesday, August 12, 2025.After final month's shock determination to carry the money fee regular within the face of a close…

Report that Nvidia, AMD to pay 15% export tax to US govmnt getting extra broadly reported

The Monetary Occasions has reported that Nvidia and AMD have struck a take care of the US authorities handy over 15% of their income from chip gross sales in China, in alternate for export licences for these semiconductors.I posted on this…

ICYMI - On Saturday Fed Governor Bowman known as for three FOMC price cuts this 12 months

Michelle Bowman is a Governor on the Board of the U.S. Federal Reserve and as such has a everlasting vote on the Federal Open Market Committee (FOMC).Bowman was talking at a bankers’ convention in Colorado Springs, on Saturday. The Wall…

ES and NQ (and others!) are open on Globex, each are up

We're open! The brand new week for US fairness index futures has begun: S&P 500 eminis +zero.15%,Nasdaq futures +zero.2%Earlier information:US fairness index futures are about to open - to HUGE information ... not in a great wayJapan…

US fairness index futures are about to open - to HUGE information ... not in a great way

I posted the information right here from the Monetary Occasions:Experiences that Nvidia and AMD to pay 15% of China chip sale revenues to US authoritiesExtra in that article. The gist is:Nvidia and AMD have struck a cope with the US authorities…

Japan is on Mountain Day vacation right now - markets are closed. US bond commerce impacted.

Japanese markets are closed right now for the Mountain Day vacation. inventory markets closedyen commerce might be thinned out, most main might beas for US bonds, SIFMA's suggestion of a vacation will halt the buying and selling of U.S. dollar-denominated…

Experiences that Nvidia and AMD to pay 15% of China chip sale revenues to US authorities

The Monetary Instances with the report. Different retailers have stated they have been unable to substantiate the extortion racket information. US fairness index futures will open for buying and selling for the brand new week at 6pm US Jap…