US targets Chinese chipmaking with proposed export restrictions on ASML and others

US targets Chinese chipmaking with proposed export restrictions on ASML and others
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US targets Chinese chipmaking with proposed export restrictions on ASML and others
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The chart of the dollar index (DXY) last week resembled the Greek letter “Λ.” Accordingly, the dynamics of major dollar-paired assets can be illustrated as a Latin “V.” For most of the five trading days, the U.S. currency strengthened, but then Jerome Powell delivered a blow. In his speech prepared for the annual Jackson Hole…
Image source: Getty Images If there’s one sector investors need to watch closely, it’s copper. Copper stocks are poised to dominate the TSX in the future because copper is essential to the green energy revolution and global infrastructure development. As the world pushes towards renewable energy sources like wind, solar, and electric vehicles, the demand…
An open letter to POTUS. Feel free to pass this along to Mr. Trump. ‘Ok Mr. Smarty Pants,’ writes a reader. ‘What would you do?’ We have appeared, to many readers, to be critical of Mr. Trump. But we don’t criticize dogs for barking or clouds for blocking the sun. Mr. Trump is just doing…
IBM shares rise, J&J still in downtrend IBM stock continues to climb, supported by technical chart signals pointing to a potential move towards the $265.90 level. Investors are showing interest in the company’s stock, backed by strong corporate performance and a favorable technical backdrop. Meanwhile, Johnson & Johnson shares appear less resilient, remaining in a…
The most remarkable thing about the bombing of Iran is the premise behind it. We’ll come back to that in a minute. First, the economic news, from the Washington Post: The Commerce Department downwardly revised its estimate of economic growth in the fourth quarter of last year, saying that gross domestic product expanded at just…
Investing.com — Positioning in the shifted to neutral last week after predominantly bearish sentiment since June, following Beijing’s announcement of a stimulus package, according to Citigroup strategists. Alongside the , both “saw the largest weekly step up in positioning from new risk flows,” the strategists said in a Monday note. Most regional indexes followed a…