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BMO says the North American economy remains resilient despite risks.

2026-08-26

BMO says the North American economy remains resilient despite risks.

Other News
2026-08-26

Yonhap’s survey of six economists found respondents expect the Bank of Korea on Thursday to raise its 2026 GDP forecast from 2.6% to as high as 3.4%. Analysts’ forecasts cluster around 3.1–3.4%; Korea Investment & Securities’ analyst set his growth c

Yonhap’s survey of six economists found respondents expect the Bank of Korea on Thursday to raise its 2026 GDP forecast from 2.6% to as high as 3.4%. Analysts’ forecasts cluster around 3.1–3.4%; Korea Investment & Securities’ analyst set his growth call at 3.2%, while Nomura’s economist offered the 3.4% high-end and said the central bank could materially revise up growth for this year and next. Drivers cited: a semiconductor-led export upside, higher tax receipts supporting larger government spending, and a pickup in domestic demand. Market participants note AI-driven demand is lifting chip consumption but supply is responding slowly; some see supply tightness persisting into or beyond 2027. A deputy director at Hyundai Research Institute flagged a risk that the supercycle could peak earlier, citing a month-on-month decline in August chip exports, but expects semiconductor strength to hold into year-end and into 1H next year.
2026-08-26

U.S. equities closed higher on Tuesday. The Dow rose 0.3%, the S&P 500 gained 0.32% and the Nasdaq added 0.66%. Memory names SK Hynix and Micron climbed more than 2%, NVIDIA rose 2.1% and AMD jumped nearly 5%. The Nasdaq Golden Dragon China Index gai

U.S. equities closed higher on Tuesday. The Dow rose 0.3%, the S&P 500 gained 0.32% and the Nasdaq added 0.66%. Memory names SK Hynix and Micron climbed more than 2%, NVIDIA rose 2.1% and AMD jumped nearly 5%. The Nasdaq Golden Dragon China Index gained 1.1%, with Alibaba up 0.8%.
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