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According to the Financial Times, France's efforts to exclude Britain from EU defense spending will backfire.

2026-07-05

According to the Financial Times, France's efforts to exclude Britain from EU defense spending will backfire.

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2026-07-05

Nomura says the global storage industry’s core imbalance is a severe supply shortage and AI-driven structural demand growth has not yet peaked. Investor fears of an imminent glut supply are materially overblown, and recent market weakness could offer

Nomura says the global storage industry’s core imbalance is a severe supply shortage and AI-driven structural demand growth has not yet peaked. Investor fears of an imminent glut supply are materially overblown, and recent market weakness could offer a window to reassess storage valuations. Nomura notes semiconductor capex-to-capacity conversion is very slow; a Korean investment plan of about 4,800 trillion won will take at least 5–10 years to translate into actual capacity. High-margin HBM (high-bandwidth memory) is crowding out general-purpose memory capacity, further tightening supply. Nomura adds Meta’s recent decision is not an inflection point for weaker AI hardware demand; Meta bringing compute to market may help stabilize and push down per-token prices that have risen amid current compute shortages.
2026-07-04

Egypt central bank: M2 money supply rose 19.6% YoY in May.

Egypt central bank: M2 money supply rose 19.6% YoY in May.
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