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NVIDIA buys Arm from SoftBank for $40 billion
Nvidia Buys British microprocessor developer Arm from Japanese SoftBank`sNVIDIA announced the purchase of the British microprocessor developer Arm from the Japanese holding company SoftBank. The deal will amount to $ 40 billion. Arm develops chips f...
Weekly Outlook, 5 - 9 July
Banks and economic data!Federal Reserve meeting minutes, RBA interest rate decisions, and ECB's Special Strategy Meeting can spotlight the week ahead. And while Monday is Independence Day and a holiday in the US, Europe will start the week with Servi...
NFP data analysis
Numbers and two scenariosAccording to the June published employment numbers, employers have hired 850,000 employees in June, better than 700,000 expected. At the same time, Average Hourly Earnings (YoY) rose just 3.6%, more than May (1.9%), but...
Lagard and Euro
In the mid-term, Inflation will be under ECB targetMrs. Lagard, in her earlier Interview with La Provence, said that the Expected inflation level for Eurozone in the medium term would stabilize below the Central Bank objective. As she said, the Europ...
Weekly Claims eased to 365K
Initial jobless claims in the lowest level since the beginning of the pandemicAccording to the United States Department of Labor (DOL) data, weekly claims for unemployment benefits drop to 364K, lower than 393K expectation, 51K lower than the week be...
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