Diverging PMI readings highlight structural economic shifts, with smaller firms thriving amid easing price pressures, while larger ones face challenges.
The post China’s factory activity expands for sixth month as price pressures ease appeared first on Crypto Briefing.
The CLARITY Act ends SEC vs. CFTC crypto regulatory uncertainty by clearly splitting oversight. Senator Lummis says the U.S. must pass the CLARITY Act quickly to beat China and Europe in crypto. The CLARITY Act cleared the Senate Banking Committee and is pushing for fast floor votes in 2026. Senator Cynthia Lummis is making it […]
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Welcome to AI Insider’s The Week Ahead in AI. See the key developments and events we’re watching May 31- June 6. Weekend AI News Briefs US Takes Step to Halt Nvidia AI Chip Shipments to Chinese Firms Outside China The U.S. Commerce Department issued new guidance clarifying that advanced AI chips require export licenses when sold […]
Tesla's resolution with Syrah Resources underscores the strategic importance of diversifying graphite supply chains away from China.
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The project could bolster Europe's tech independence, enhance its AI capabilities, and drive significant economic and environmental impacts.
The post Ardian backs €10B AI gigafactory project outside Paris as Europe races to close gap with US and China appeared first on Crypto Briefing.
The post NZD/USD Price Forecast: Kiwi corrects lower and tests support at 0.5965 appeared on BitcoinEthereumNews.com.
The New Zealand Dollar (NZD) holds marginal losses against the US Dollar (USD) on Monday, retreating to session lows of 0.5965 from highs a few pips below 0.6000. Manufacturing data from China has been supportive, although the skirmishes between the US and Iran are feeding a certain degree of cautiousness at the week’s opening. The US military reported a new wave of airstrikes on Iran’s military sites, and Tehran said that they targeted a US base that was used to launch attacks on the country. US President Donald Trump keeps pondering whether to sign a ceasefire extension or not, and meanwhile, the Strait of Hormuz remains closed, keeping Oil near $100 and straining New Zealand’s Oil-importing economy. Technical Analysis: On a bearish correction, amid a broader bullish trend NZD/USD trades at 0.5971, with price action suggesting that the pair might be on the fourth wave
The rebalancing highlights China's strategic sector focus, potentially increasing volatility and influencing global investment patterns.
The post China index rebalancing to trigger $48B in passive flows by June 12 appeared first on Crypto Briefing.
The post United States Dollar Index gathers strength above 99.00 on US-Iran truce deal uncertainty appeared on BitcoinEthereumNews.com.
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.05 during the Asian trading hours on Monday. The DXY holds positive ground surrounding the US-Iran peace deal. The US ISM Manufacturing Purchasing Managers Index (PMI) report will be published later on Monday. Iranian Foreign Minister Abbas Araghchi said on Sunday that talks and message exchanges with Washington were ongoing, but stressed that no assessment of negotiations could be made until a clear outcome was reached, per the BBC. On Monday, US President Donald Trump requested that edits be made to the US-Iran deal aimed at bringing an end to fighting that began earlier this year, the BBC reported on Sunday. The changes are related to the Strait of Hormuz and the removal of highly enriched uranium. Th