Nuclear’s comeback [Video]
|Europe’s biggest company revealed its results a day earlier – by accident – and the results were not good at all. ASML booked about half of the orders pencilled in by analysts last quarter as demand outside AI continued to struggle.
Then, the US announced yesterday that it will restrict the advanced chip exports from Nvidia to AMD to countries that do have connections to Gulf countries, for national security reasons. The shares dipped.
Elsewhere, crude oil sold off heavily for the second session on relief that Israel is planning to hit Iran’s military rather than its energy structure. The barrel of US crude tipped a toe below the $70pb level. The US dollar consolidated gains, the EURUSD extended losses, while Cable sold off below the 1.30 on the back of softer-than-expected inflation report.
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