The US Commerce Department has closed a loophole that may have allowed hundreds of thousands of advanced Nvidia and AMD AI chips to reach Chinese firms via overseas subsidiaries over the past year. Summary: The US Commerce Department issued guidance on Sunday enforcing licence requirements for advanced AI chips sold to entities headquartered in China, even when those entities…
United States Baker Hughes US Oil Rig Count increased to 429 from previous 425
I saw an interesting discussion in one of the equity investing and trading groups, and I thought it was worth turning into a broader educational note. The question was simple, but very important: If you are already holding DELL stock at a profit, is it better to sell, or should you move your stop higher and let the position…
GBP/USD holds minor gains on Friday after rebounding from intraday lows, supported by improving risk sentiment surrounding a potential US-Iran peace deal. At the time of writing, the pair trades around 1.3460 and is on course to end the week little changed. A senior Iranian source told Reuters that “a political understanding has been reached between Iran and the…
Thursday’s session delivered the week’s defining moment in a single hour. Iranian missile and drone strikes on Kuwait and a US air base drove WTI back toward $91 and sent the dollar surging — then an Axios report confirmed Washington and Tehran had tentatively agreed to a 60-day ceasefire extension pending Trump’s approval. Oil reversed. The dollar collapsed. Equities…
For background, the Monthly Wholesale Trade Survey , conducted by the U.S. Census Bureau, is one of the government’s key economic indicators, tracking sales, end-of-month inventories, and inventories-to-sales ratios for merchant wholesalers across the country. The survey excludes manufacturers’ sales branches and offices, as well as wholesale electronic markets, agents, and brokers. Each month, the Census Bureau surveys a…
British Pound rebounds as US Dollar weakens on Iran deal hopes GBP/USD holds minor gains on Friday after rebounding from intraday lows, supported by improving risk sentiment surrounding a potential US-Iran peace deal. At the time of writing, the pair trades around 1.3460 and is on course to end the week little changed. A senior Iranian source told Reuters…
Fed can look through energy shock if it stays credible on monetary policy Still early to gauge Middle East war’s impact on the economy Reacting to temporary energy shock could weigh down economy I’m optimistic the end of the war will bring easing energy prices Current “moderately restrictive” policy is aimed at aiding jobs and lowering inflation Extended energy…
Gold (XAU/USD) price advanced more than 1.50% on Friday amid news that Iran and the US are close to signing a deal aimed at extending the ceasefire for 60 days to allow negotiations on Iran’s nuclear program. At the time of writing, XAU/USD trades at $4,563, after bouncing off daily lows of $4,489. XAU/USD jumps as ceasefire hopes ease…
We gain concessions not with talks, but with missiles We have no trust in guarantees or words Only actions are the measure No action will be taken before the other side acts The winner of any agreement is the one who is better prepared for war from the day after Iran’s chief negotiator and parliament speaker, Mohammad Bagher Ghalibaf,…
