Day: August 4, 2022

As the Fed officials talked up the potential for further, aggressive rate hikes, the US dollar remained elevated on Wednesday following its biggest surge in three weeks against major peers. US Treasury yields rebounded after House Speaker Nancy Pelosi’s arrival in Taiwan was met with a strong, but not overwhelming response from China, as the …

Wim Van Hooydonk Warnings and Updates – US dollar, yields after Fed officials expect more rate hikes Read More »

The White House said on Wednesday that President Joe Biden will sign a bill next Tuesday to subsidize the U.S. semiconductor industry and boost its competitiveness against China. The legislation aims to alleviate a persistent shortage that has affected everything from cars to weapons to washing machines to video games. As the shortage continues to …

Wim Van Hooydonk Warnings and Updates – Biden to sign bill to boost chipmakers, compete with China: White House Read More »