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US factory orders rose 0.1% month-on-month in August, in line with expectations, while the previous figure was revised from 0.90% to 0.8%.

2026-10-02

US factory orders rose 0.1% month-on-month in August, in line with expectations, while the previous figure was revised from 0.90% to 0.8%.

Other News
2026-10-02

France-Germany 10‑year government bond yield spread rose as high as 149.17bps, the largest level since 2012, extending Thursday’s sharp widening, LSEG data show. France has proposed a 2027 budget package including roughly €43bn of spending cuts and c

France-Germany 10‑year government bond yield spread rose as high as 149.17bps, the largest level since 2012, extending Thursday’s sharp widening, LSEG data show. France has proposed a 2027 budget package including roughly €43bn of spending cuts and cost‑savings. Commerzbank strategists called bond-market worrying developments and said the spread widening is no longer confined to France, clearly spilling over to other high‑debt countries including Italy, Belgium and Greece.
2026-10-02

Artificial Intelligence: 1. The Governor of the Bank of England warned that AI could trigger a shock to financial markets. 2. California Governor Newsom signed a bill banning the use of AI to monitor employee brain activity. 3. Broadcom will provi

Artificial Intelligence: 1. The Governor of the Bank of England warned that AI could trigger a shock to financial markets. 2. California Governor Newsom signed a bill banning the use of AI to monitor employee brain activity. 3. Broadcom will provide Anthropic with a loan of up to $42 billion for it to lease Broadcom chips. 4. TSMC is considering building a multi-billion dollar campus in Texas to produce more AI chips. 5. SoftBank completed the final $10 billion tranche of its follow-on investment in OpenAI, bringing its total investment to $64.6 billion. 6. Micron Technology CEO: Besides data centers, the next huge incremental market will be physical AI. Currently, approximately $150 billion in long-term orders have been secured. The storage market supply and demand will be tighter in the next two years than in 2026. 7. Sources: Anthropic plans a mega-IPO before the Thanksgiving holiday, and IPO marketing could begin as early as the week of November 9th; a pre-IPO investor day event is scheduled for October 14th. New Energy Vehicles: 1. Seres and Huawei readjust their cooperation model. 2. Tesla's new car registrations in Spain increased by 24.8% year-on-year in September, reaching 3,733 units. 3. BYD: September's new energy vehicle production was 463,864 units; sales were 463,561 units. Other: 1. Federal Reserve Governor Cook: Artificial intelligence is causing localized inflation. 2. Huawei Mate 90 series launched, starting at 5999 yuan, all equipped with flagship T chip. 3. Federal Reserve's Williams: Artificial intelligence is affecting supply in ways we don't yet fully understand. 4. Federal Reserve Vice Chairman Jefferson: Artificial intelligence may bring significant productivity gains in the future.
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