ADVFN US – Market Content Editor

Samsung SDI to Invest $2 Billion in Second Stellantis Battery JV Plant The plant aims to start mass production in 2027, with an annual production capacity of 34 gigawatt hours. Chinese Developer CIFI Drops After Swing to Net Loss Shares in CIFI Holdings slid as the company resumed trading after reporting a first-half net loss…

US Market The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to move back to the downside after ending yesterday’s choppy trading session moderately higher. Traders may look to cash in on the previous session’s gains amid ongoing concerns about the outlook for interest rates. Last week,…

Moody’s Investors Service, the sole major credit rating agency still awarding the United States its top ‘AAA’ rating, has signaled a diminishing confidence in light of a potential government shutdown. In the event that this scenario unfolds, although “debt service payments would not be affected, and a short-term shutdown would unlikely disrupt the economy, the…

The “higher for longer” rates mantra continues to reverberate around markets, a week on from the Fed’s surprise hawkish tilt. Long-term Treasury yields, traditionally subdued in Asian hours, spiked to a fresh 16-year peak, keeping the dollar close to multi-month tops to G-3 rivals the euro, pound sterling and yen. Angst over tighter financial conditions…

On Tuesday, the US dollar surged to a fresh 10-month high due to a significant rise in US bond yields, reaching levels not seen since October 2007. Concurrently, the Japanese yen resumed its decline, sparking concerns among traders about potential government intervention. Federal Reserve policymaker Neel Kashkari remarked on Monday that, given the robustness of…