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Advanced Micro Devices (AMD) is under new pressure after the company warned of rising costs tied to the Trump administration’s latest restrictions on exports of high-end processors to China. The new curb targets AI chips Read more…
US initial jobless claims fell -9k to 215k in the week ending April 12, below expectation of 224k. Four-week moving average of initial claims fell -2.5k to 221k. Continuing claims rose 41k to 1885k in Read more…
ECB cut its deposit rate by 25 bps points to 2.25% as widely expected, but the more notable shift came in the tone of its accompanying statement. ECB completely removed the reference to its policy Read more…