EUR/USD
1.16271
0.015%
Gold
4462.68
-0.230%
Oil
89.192
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USD/JPY
156.143
0.222%
GBP/USD
1.35414
0.125%
GBP/JPY
211.444
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Real-time News
UMCs sales in August reached NT$25.04 billion, a year-on-year increase of 30.7%.1. Moodys Analytics: +4.0%; Nomura: +4.0%; Catech Commercial: +4.1%; BNP Paribas: +4.1%; 2. Barclays: +4.1%; Danske: +4.1%; Capital Economics: +4.1%; Deutsche Bank: +4.1%; 3. Goldman Sachs: +4.1%; HSBC: +4.1%; JPMorgan Chase: 4.1%; Mizuho Securities: +4.1%; 4. Monex: +4.1%; Oxford Economics: +4.1%; Pansen Macro: +4.1%; Morgan Stanley: +4.1%; 5. RBC: +4.1%; Société Générale: +4.1%; Steifelr: +4.1%; TD Securities: +4.1%; 6. Montreal: +4.2%; ABN AMRO: +4.2%; Citigroup: +4.2%; Commerzbank: +4.2%; 7. Jefferies: +4.2%; Daiwa Capital: +4.2%; DekaBank: +4.2%; ING: +4.2%; 8. Lloyds: +4.2%; Nikko Securities: +4.2%; Scotiabank: +4.2%; Santander: +4.2%; 9. Standard Chartered: +4.2%; UBS: +4.2%; UniCredit: +4.2%; [Reuters forecast: +4.1%]Morgan Stanley raised its target price for Maersk from 10,000 Danish kroner to 16,100 Danish kroner.September 4th - According to a Nikkei report, sources familiar with the matter stated that Apples initial daily production of the foldable iPhone is only "a few hundred units," primarily due to Apples extremely high quality standards. The sources added that the American company is working hard to increase production. A supply chain manager familiar with the situation stated, "Apple has very high quality requirements and added a trial production run before the official launch in August. However, the ramp-up is currently slow, with daily production only reaching a few hundred units by the end of August. This initial production volume may be insufficient to meet market demand." Previous reports indicated that Apples target production volume for this years foldable iPhone was 8 to 10 million units, hoping that this new form factor would boost market demand and drive revenue growth. However, if Apple cannot increase production more quickly, its final output may fall short of the target and may take longer than expected to meet consumer demand. Industry executives stated that, according to the original production targets, the foldable iPhone would normally require tens of thousands of units to be produced daily.September 4th - According to Japanese media reports, Japanese Finance Minister Satsuki Katayama is expected to remain in her position in the upcoming cabinet reshuffle. This decision signifies the Japanese governments recognition of her work on the economy, exchange rates, and budget process reforms. Katayama is a core member of Prime Minister Sanae Takaichis cabinet and also serves as the Japanese counterpart to US Treasury Secretary Bessenter. Bessenter has consistently pressured Japan to raise interest rates while also helping to stabilize the Japanese currency. Katayamas reappointment would demonstrate Takaichis trust in her policy handling and help ensure the cabinet reshuffle does not trigger market volatility. Replacing Katayama could disrupt close cooperation between the US and Japan on exchange rate issues and further strain an already tense market due to Japanese government spending plans. This could reignite upward pressure on bond yields and lead to a weaker yen.
