Dollar index (DXY) rose 0.27% to 100.76 at the New York FX close. EUR/USD 1.14 (previous close 1.15); GBP/USD 1.35, slightly below the prior session's 1.35; USD/JPY 162.39 (162.05); USD/CHF 0.8089 (0.8047); USD/CAD 1.40, marginally above the prior session's 1.40; USD/SEK 9.65 (9.59).

Beijing-based Moonshot AI on the 16th released Kimi K3, a 2.8 tln-parameter open-source model — the largest currently available globally. Kimi K3 natively supports visual understanding, provides a 1 mln-token context window and is optimized for software engineering, knowledge work, deep research and multimodal understanding to improve complex-task handling. In benchmark tests, Moonshot said Kimi K3's overall intelligence approaches that of leading closed-source models. The company said it used a self-developed base architecture and a full set of scientific model-training methods in building the model.

TSMC (TSM.N): A13 and A12 process nodes to enter mass production in 2029.