The global semiconductor industry is prone to shortages and surpluses. Both drive capital investments. During shortages, chipmakers expand production capacity, leading to oversupply. Now, it’s a...
The Biden administration added two new foreign technology companies to its export prohibition list, accusing the firms of selling cyber intrusion tools that pose a global...
Share: Nonfarm Payrolls (NFP) in the US rose 209,000 in June, the US Bureau of Labor Statistics reported on Friday. This reading came in below the...
Share: Inflation in the US, as measured by the change in Personal Consumption Expenditures (PCE) Price Index, fell to 3.8% on an annual basis in May...
Share: The US Dollar steady as Dollar bulls are in the driving seat for now. Friday’s focus is on PCE, the Fed’s preferred inflation metric. The...
Share: Pending home sales in the US unexpectedly fell in May. US Dollar Index holds in positive territory, moves off highs. Pending home sales in the...
Nvidia’s chief has warned about the risks of an escalating chip war with China. It looks like the company will get one anyway. That could end...
Share: Business activity in the US private sector expanded at a softening pace in early June with the S&P Global Composite PMI falling to 53 from...
Share: The US Dollar loses territory against most G10 currencies. A lot of headlines to hit the markets in the US session with five Fed speakers...
The war for chip supremacy between China and the US, already well under way, won’t be a straightforward slugfest. It will require compromise and strategy. Most...
Crypto.com said Friday that it will shut down its institutional exchange service for US customers in less than two weeks, saying demand is drying up. In...
Unlike logic chips, which process information, memory chips, which store it, looked less vulnerable to the Sino-American techno-tussle. Such semiconductors are commodities, less high-tech than microprocessors...
Share: “I need you all to hang with me on the debt limit, we are nowhere near a deal yet,” US House Speaker Kevin McCarthy told...
Share: New Home Sales in the US continued to rise in April. US Dollar Index stays in positive territory above 103.00. Sales of new single‐family homes...
Share: US Dollar gains some ground further into the European session after its start in the Asian start on Tuesday. US debt-ceiling talks and geopolitical tensions...
Share: The US Consumer Price Index monthly consensus number for January is 0.5%, up from 0.1% in December. Monthly Core CPI expected to remain at 0.4%,...
The US Bureau of Labor Statistics (BLS) will release the January jobs report on Friday, February 3 at 13:30 GMT and as we get closer to...
ChatGPT, the artificial intelligence system that can produce sophisticated essays on complex subjects in seconds, will become the “calculator for writing,” according to a leading economist....
Retail sales in the US declined more-than-expected, by 0.8% in December. The US Dollar Index remains heavily offered near a multi-month low after the data. Retail...
The US Bureau of Labor Statistics will release the Consumer Price Index (CPI) figures for December on Thursday, January 12 at 13:30 GMT and as we...