Dongwei Technology said its lift-type transfer VCP has entered mass production and now covers manufacturing processes for high-end packaging substrates, including BT and ABF substrates.

The European Stability Mechanism warned that the risk of a US asset sell-off is a major vulnerability for the euro area.

Mitsubishi UFJ senior FX strategist Michael Wan said markets appear in a wait-and-see mode for the next catalyst for the dollar and US interest rates. Global markets will look to this week’s US ISM services report and Fed minutes, and next week’s US CPI, for directional cues. Traders are also watching whether Japanese authorities intervened last week to curb yen weakness; that uncertainty is material as USD/JPY trades around the 162 level.