White House asks Con...from Irie

White House asks Congress to reject bill blocking Nvidia chip exports- Bloomberg The White House’s stance is a victory for Nvidia, which has been consistently lobbying to be allowed to sell more chips overseas. China until recently still represented a major market for Nvidia, although the firm signaled earlier this year that it would stop including the country in its sales forecasts. This also came amid increased Chinese scrutiny towards American-made chips, as Beijing pushed for full self-reliance in AI technology. The Bloomberg report comes just hours after Nvidia clocked stronger-than-expected third-quarter earnings and presented an upbeat outlook for the current quarter. CEO Jensen Huang also pushed back against fears of an AI-fueled bubble in tech valuations. #whitehouse #trump #bloomberg #china #USA #nvidia

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2026 will be just another year of the ’Roaring 2020s’: Ed Yardeni The global economy is heading into 2026 with the same powerful momentum that has defined the “Roaring 2020s,” according to Yardeni Research. Ed Yardeni said his firm’s base-case outlook “calls for a continuation of the Roaring 2020s scenario next year,” driven by ongoing productivity gains, strong earnings growth and resilient consumer demand. #Fed# #Economy#

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Here’s why Deutsche Bank expects the dollar to weaken further next year Deutsche Bank outlook: Analysts expect the U.S. dollar to weaken further in 2026, but at a slower pace. Dollar index performance: The index fell over 6% in the past year against major currencies. Policy impact: Tariffs, rising U.S. debt concerns, and Fed independence worries pressured the dollar in 2025. Trump factor: The shock from Donald Trump’s return to the presidency earlier in 2025 is considered "now over." Analysts cited: George Saravelos and Tim Baker authored the Deutsche Bank note.

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ANZ’s Nuno Matos named new Australian Banking Association council chair Nuno Matos appointed: ANZ Group CEO becomes new chair of Australian Banking Association council. Replaces Andrew Irvine: National Australia Bank chief steps down after leading through policy and commercial challenges. Role of ABA: Represents major banks, shapes industry policy, consumer protections, and regulatory settings. Council’s function: Sets strategic priorities, guides banks on tech, competition, and customer behaviour shifts. Matos’ priorities: Support a competitive banking system for all Australians. Protect access to core banking services. Strengthen safeguards against scams. #ANZ# #NunoMatos# #australian# #Newzealand#

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