USD/CHF rose to 0.8000, up 0.87% intraday; EUR/USD slipped below 1.1500, down 0.93%.

ZDNet Korea reports Samsung Electronics is co-developing production equipment with multiple partners for seventh‑generation 10nm‑class (1d) DRAM, targeting equipment introduction as early as Q2 next year and first mass production by year‑end. 1d denotes a linewidth of roughly 10–11 nm; the current commercial 10nm‑class 1c generation uses about 11–12 nm. Further linewidth shrinkage should improve DRAM performance and energy efficiency.

The IEA says Gulf oil output could rebound to about 8.0 mln b/d by 2027, but full normalization of flows through the Strait of Hormuz will take months as sea mines are cleared and supply chains recover. The agency called this week’s US‑Iran temporary agreement the most significant negotiating breakthrough since the war, but said key details remain unresolved. The IEA now sees global oil demand falling 1.1 mln b/d this year (previous forecast -0.42 mln b/d) on high prices and severe supply disruption, and expects demand to rebound by 2.0 mln b/d next year as trade flows normalize, oil prices ease and the economic outlook improves.