Introduction The recent decline in the value of the U.S. dollar against its rivals has sparked a rally among producers of metals and other raw materials. This shift comes as Federal Reserve Chairman Jerome Powell cautioned against immediate rate cuts, driving up the dollar's value and negatively impacting dollar-sensitive sectors like the materials group. Weakening Dollar … [Read more...] about Economic Impact: Dollar Weakness Benefits Producers of Metals and Raw Materials
emerging markets
ASML Holding Boosts Sales Guidance for the Year
ASML Holding, a leading chip-equipment maker, has raised its sales guidance for the year amidst an eagerly awaited U.S. decision that could potentially result in restrictions on sales to China. Strong Financial Performance ASML reported a significant increase in earnings, with a rise to €1.94 billion ($2.2 billion), or €4.93 per share, compared to €1.41 billion, or €3.54 per … [Read more...] about ASML Holding Boosts Sales Guidance for the Year
