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Eurozone industrial production MoM for August due in 10 minutes.

2026-10-15

Eurozone industrial production MoM for August due in 10 minutes.

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2026-10-16

Morgan Stanley projects that TSMC's capital expenditure could reach $83 billion in 2027 and further increase to $92 billion in 2028 as it expands its 2nm and 1.4nm advanced process capacity. In comparison, TSMC's capital expenditure target for this y

Morgan Stanley projects that TSMC's capital expenditure could reach $83 billion in 2027 and further increase to $92 billion in 2028 as it expands its 2nm and 1.4nm advanced process capacity. In comparison, TSMC's capital expenditure target for this year is $60 billion to $64 billion. TSMC management stated in the Q3 earnings call that it plans to more than double its current 2nm capacity expansion by 2027. Regarding profitability, TSMC's Q3 gross margin was 66.4%, lower than Morgan Stanley's forecast of 67.5%. The company's Q4 gross margin guidance is 66%, which Morgan Stanley believes indicates that the ramp-up of 2nm process capacity and overseas business expansion continue to put pressure on profit margins. Morgan Stanley maintains its target price of NT$3,088 for TSMC.
2026-10-16

Bank of England Governor Bailey said Middle East developments are the biggest driver of UK government bond yields.

Bank of England Governor Bailey said Middle East developments are the biggest driver of UK government bond yields.
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