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Nvidia’s H200 returns to China, but its market share keeps shrinking
Small batches of Nvidia’s H200 AI accelerators have reportedly started arriving in China following the relaxation of Washington’s licensing rules. This development comes at an uncomfortable time for Nvidia since, although Chinese demand for its products is high, the company’s share in the world’s second-largest chip market is dropping below ten percent. The situation has...Cryptopolitan
Wed, Aug 19
Economic Indicator
Equities: Chip-led selloff under stagflation pressure – Deutsche Bank
Deutsche Bank strategists note that global equities endured another difficult session as rising yields and higher Oil reinforced a stagflationary backdrop. US indices, led by chip stocks and the NASDAQ, extended declines, while the STOXX Europe 600 posted its fifth consecutive drop.
Fxstreet
Wed, Aug 19
Economic Indicator
Indonesian Rupiah holds firm as BI keeps rate steady at 5.75%
USD/IDR depreciates after registering modest gains in the previous day, trading around 17,870 during the European hours on Wednesday. The pair holds losses as the Indonesian Rupiah (IDR) remains stronger following the release of the interest rate decision by the Bank Indonesia (BI).Fxstreet
Wed, Aug 19
Forex
Canadian Dollar: Tariff delay offers only muted relief – Commerzbank
Michael Pfister at Commerzbank reports that new 50% US tariffs on selected Canadian goods have been delayed by three days as an agreement is reportedly close, prompting only a modest Canadian Dollar (CAD) rebound amid uncertainty over the deal’s durability.Fxstreet
Wed, Aug 19
Cryptocurrencies
Tokenized Equities Onchain Volume Hits $9B, Up 800% Since January
In terms of total value, tokenized stocks is among the fastest growing categories within the RWA space. Year to date, the total value of tokenized stocks has gone from $683.6 million to $2.399 billion or a roughly 250% growth, according to RWA.xyz. This makes tokenized stocks the second-fastest-growing category among RWAs, just behind Venture capital,...Cryptopolitan
Wed, Aug 19
Forex
NZD/USD Price Forecast: Weakens below 0.5900, but staying supported above 100-day SMA
The NZD/USD pair trades with mild losses around 0.5875 during the early European session on Wednesday. Escalating tensions in the Middle East boost a safe-haven currency such as the US Dollar (USD) and act as a headwind for the pair.
Fxstreet
Wed, Aug 19
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