News
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China to limit access to Nvidia's H200 chips despite Trump export approval, FT reports
Dec 9 (Reuters) - Beijing is set to limit access to Nvidia's advanced H200 chips despite U.S. President Donald Trump's decision to allow the export of the technology to China, the Financial Times reported on Tuesday, citing two people with knowledge of the matter.Regulators in Beijing have b...
Reuters
Tue, Dec 9
China Set To Limit Access To Nvidia's H200 Chips Despite Trump Export Approval - FT
Dec 9 (Reuters) - CHINA SET TO LIMIT ACCESS TO NVIDIA’S H200 CHIPS DESPITE TRUMP EXPORT APPROVAL - FTREGULATORS IN BEIJING HAVE BEEN DISCUSSING WAYS TO PERMIT LIMITED ACCESS TO THE H200 - FTSource text: https://tinyurl.com/e9s6fen5Reuters
Tue, Dec 9
US bond investors bet on mild easing cycle, stick to middle of curve
Wall Street banks price in fewer Fed rate cuts in 2026Holding intermediate US debt presents lower carry costsInvestors reduce long duration positioning, JP Morgan saysFocus is on Fed 'dot plot'; analysts see few changes to forecastsBy Gertrude Chavez-Dreyfuss NEW YORK, Dec 8 (Reuters) - B...Reuters
Tue, Dec 9
Warner Bros' lack of response fueled Paramount's hostile bid, filing says
Paramount filing lays out CEO's outreach to Warner Bros CEOEllison says Zaslav did not respond to texts even after improved offerParamount then took its bid to Warner Bros shareholdersBy Aditya Soni and Harshita Mary Varghese Dec 8 (Reuters) - Paramount Skydance's PSKY.O 11th-hour, hostil...Reuters
Tue, Dec 9
JPY underperforms ahead of BOJ hike – BBH
The Japanese Yen (JPY) is lagging as markets price in a 25bps BOJ hike on December 19, with Governor Ueda signaling moderate inflation risk but persistent upward wage pressures; USD/JPY may slide toward 140 following US-Japan yield differentials, BBH FX analysts report.
Fxstreet
Tue, Dec 9
US to allow Nvidia H200 chip shipments to China, Trump says
Nvidia shares rise 2% in after-hours trading after Trump's announcementUS has concerns over AI chips aiding China's militaryTrump says same approach will apply to AMD, Intel By Stephen Nellis, Karen Freifeld and Michael Martina WASHINGTON, Dec 8 (Reuters) - The United States will allow Nv...Reuters
Tue, Dec 9
Australia's central bank flags rate hike risk as it ends brief easing cycle
RBA leaves cash rate at 3.60%, says inflation risks tilt upwardDomestic demand stronger than expected, adding to capacity pressuresBullock rules out cuts, future decision between long hold or hikeBy Stella Qiu and Wayne ColeSYDNEY, Dec 9 (Reuters) - Australia's central bank on Tuesday ruled out ...Reuters
Tue, Dec 9
Japan’s Takaichi says will take appropriate actions on FX if necessary
Japanese Prime Minister Sanae Takaichi said on Tuesday that she will make appropriate economic and fiscal decisions at appropriate timing. Takaichi further stated that she will take into account interest rates, foreign exchange and prices.Fxstreet
Tue, Dec 9
US Justice Department accuses two Chinese men of trying to smuggle Nvidia chips
Prosecutors say Nvidia chips were obtained through straw purchasers and intermediariesProsecutor says "sophisticated smuggling network" threatened US security Scheme is said to have operated since at least November 2023By Jasper Ward WASHINGTON, Dec 8 (Reuters) - Two Chinese men are in cu...Reuters
Tue, Dec 9
Japan's long-term bond yields hit record high on fiscal concerns, BOJ hike bets
TOKYO, Dec 9 (Reuters) - Yields on 20-year Japanese government bonds rose to a record high on Tuesday with investors remaining concerned about the new government's fiscal policy, while also girding for higher Bank of Japan policy rates. The five-year JGB y...Reuters
Tue, Dec 9
Aware Super CIO warns of 'orange' lights in AI financing as valuations soar
The chief investment officer of Australian pension fund Aware Super says there are flashing "orange" lights in some funding arrangements in the global artificial intelligence industry but earnings growth is backing up the sector's current valuations.Reuters
Tue, Dec 9
Soybeans dip below $11 on doubts about demand for US exports
U.S. soybean futures fell below $11 a bushel on Monday for the first time since October on uncertainty over whether China will buy as much U.S. supply as Washington expects and as South American crop weather favored large soy harvests that could begin in Brazil in about a month, analysts said.Reuters
Tue, Dec 9
Gold Price Forecast: XAU/USD edges lower below $4,200 amid worries about hawkish Fed rate cut
Gold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday.
Fxstreet
Tue, Dec 9
Memecoins Price Prediction: Dogecoin, Shiba Inu test key resistance levels ahead of FOMC meeting
Memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) are testing key resistance levels ahead of the Federal Open Market Committee (FOMC) interest rate decision on Wednesday. With market participants expecting a 25-basis-point rate cut, both memecoins could face pressure near key levels.
Fxstreet
Tue, Dec 9
Warner Bros fight heats up with $108 billion hostile bid from Paramount
Paramount Skydance PSKY.O on Monday launched a hostile bid worth $108.4 billion for Warner Bros Discovery WBD.O, in a last-ditch effort to outbid Netflix and create a media powerhouse that would challenge the dominance of the streaming giant.Reuters
Tue, Dec 9
