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According to the Financial Times, four sources familiar with the matter have revealed that France has hinted at potentially supporting Hernandez de Cos to succeed Lagarde as president of the European Central Bank next year.
Iranian Parliament Speaker Mohammad Ghalibaf, in an interview with Al Jazeera, stated that excessive demands from the United States and Iran's distrust of the US are among the obstacles to reaching an agreement. The Iranian people and officials will never accept these excessive demands. The US has achieved nothing militarily or politically and is now in a desperate situation. The US attack on Iran was a strategic miscalculation. While the US verbally proclaims "America First," it has actually chosen an "Israel First" policy.
According to TASS: U.S. special envoys Vitkov and Kushner have arrived in Moscow.
According to the Financial Times, the EU and the UK will postpone imposing a 10% tariff on electric vehicles.
Russian news agency RIA Novosti, citing the Russian Ministry of Defense, reported that Russia hit a Ukrainian cargo ship.
According to the Russian news agency RIA Novosti, citing the Russian Ministry of Defense, Russia struck energy facilities and a military warehouse in and around Kyiv, Ukraine.
Hamas: Israel has acted without restraint or accountability, disregarding the mediation efforts of the mediators, guarantors, and the US government. The mediators and the US government should take action to stop Israel's continued violations and ensure its compliance with the ceasefire agreement.
According to Bloomberg technology editor Vlad Savov, the most amicable outcome of the Nvidia board's discussions would be to follow the advice of some of Huang's supporters and allow him to become chairman. This would avoid firing him outright while allowing for the appointment of a new CEO. After all, Huang possesses extremely deep internal knowledge and experience at Nvidia, valuable insights that might justify his continued presence within the company.
Oppenheimer downgraded Nvidia (NVDA.O) rating to "market perform".
At the close of the morning session, domestic futures contracts showed mixed results. Apple futures rose over 3%, ethylene glycol (EG) rose nearly 3%, aluminum, eggs, and synthetic rubber rose over 2%, and low-sulfur fuel oil (LU), rapeseed oil, and TSR20 rubber rose nearly 2%. On the downside, container shipping to Europe and coking coal fell nearly 2%, while gold, platinum, coke, iron ore, and silver fell over 1%.
An Indonesian central bank official stated that the outlook for US monetary policy, concerns about MSCI's decisions, domestic economic trends, and increased year-end foreign exchange demand are all factors putting pressure on the Indonesian rupiah.
Veteran tech journalist Yoolim Lee wrote that Samsung Electronics may be a beneficiary of Nvidia's troubles. In March, Samsung, the world's largest memory chip manufacturer, further deepened its artificial intelligence partnership with AMD. At the time, AMD CEO Lisa Su visited Seoul. Samsung Chairman Lee Jae-yong hosted a banquet for Su. During the meal, the two executives raised champagne glasses to celebrate their expanding partnership. As Nvidia's main competitor in the field of AI graphics processing units (GPUs), AMD has been striving to break Nvidia's dominance in the booming AI chip market.
Apple futures contracts rose more than 3%, currently trading at 6,122 yuan per ton.
According to Nikkei, ASEAN plans to establish petroleum product storage facilities in Indonesia and Thailand as early as 2027, under the leadership of Japan.
Warren's office: Senators Warren and Koons have requested that Commerce Secretary Lutnick, Secretary of State Rubio, and Pentagon spokesman Matthew Miller retain records related to Nvidia.
Apple futures contracts rose 2.00% intraday, currently trading at 6058.00 yuan/ton.
Indonesian government: Indonesia and Norway have signed an agreement under which Norway will purchase 12 million tons of carbon dioxide equivalent carbon emission reductions from Indonesian power projects.
The yield on Japan's 5-year government bond fell 2.0 basis points to 2.170%.
Bank of Japan policy board member Toshiro Asada: Private consumption has not shown strong growth momentum.
Bank of Japan board member Toshiro Asada: Given the sluggish economic growth and consumption, the current price increase may not be demand-driven.