China Exports Beat July Forecasts as AI Demand Fuels High-Tech Trade 
Dollar Holds Near Six-Week Low as Yen Loses Momentum Ahead of U.S. Jobs Data 
US Dollar Gains as Iran Tensions, Fed Rate Hike Bets Rise 
US Stock Futures Rise as Markets Await July Payrolls Data 
Gold Price Hits Seven-Week High as Fed Rate Hike Bets Fade and Hormuz Deal Hopes Grow 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
China Trade Surplus Beats Forecasts in July as Exports Stay Strong 
Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data 
Philippine GDP Growth Slows to 2.3% in Q2 
Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan 
Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue 
Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff 
European Stocks Near Record Highs as Earnings Strength Offsets Geopolitical Concerns 
Asian Currencies Steady as Markets Await U.S. Jobs Data 
Asian Stocks Mixed as Chip Selloff Hits KOSPI, Nikkei Ahead of US Jobs Data 
US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment 
Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns 
An analyst described the license accorded by the US government to Qualcomm to sell 4G mobile phone chips to China’s Huawei Technologies Co Ltd. as having “limited impact” with consumers are shifting to newer 5G devices.
Stacy Rasgon, a Bernstein analyst who made the comment, said it remains to be seen whether US officials will grant Qualcomm licenses for 5G smartphone chips.
The license to sell several products, including 4G mobile phone chips, was an exemption to US trade restrictions against Huawei.
A Qualcomm spokeswoman declined to reveal 4G products the company can sell to Huawei but said these were for mobile devices.
The company has other license applications pending with the US government.
Qualcomm was among American semiconductor firms forced to stop selling to Huawei in September due to US trade restrictions.
Other US companies stopped from selling to Huawei, such as Micron Technology Inc., have also applied for licenses.
Intel Corp has been granted a license to sell to Huawei.
Industry analysts expect Huawei’s stockpile of chips acquired before the ban to run out early next year, paralyzing its smartphone business.
