Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
U.S. Black Friday Online Spending Surges to $8.6 Billion, Boosted by Mobile Shoppers 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Strengthening Semiconductor Restrictions
The Trump administration is poised to strengthen semiconductor limits on China, expanding on prior actions by the Biden administration to constrain Beijing's technological capabilities. The steps entail aligning with allies like Japan and the Netherlands to block companies like Tokyo Electron Ltd. and ASML Holding NV from providing maintenance services for semiconductor gear in China.
Specific Restrictions and Company Impact
Such potential restrictions include tighter controls on Nvidia chips shipped to China, with licensing for a wider range of products and volumes. Additional restrictions on Chinese semiconductor companies like SMIC and CXMT are under consideration.
Strategic Goals and Trade Frictions
These actions aim to restrict China's technology drive and protect the US interest within the semiconductor market, similar to ongoing trade friction between the countries. The US intends to bring back its own semiconductor manufacturing, potentially by colluding through enterprises like TSMC and Intel
