Money Talks

Shares in American semiconductor makers have fallen, due to fresh restrictions by Washington on the sale of hi-tech components to China. Investors in chip designer Nvidia have lost more than 6%, while rival AMD saw its stock price fall almost 4%.Ava Trade’s chief market analyst, Naeem Aslam weighs in from London.

#USChina #AIChips #TradeWars

Oil prices settled up more than 4%, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong US dollar and a dire outlook for US growth. For more, we are joined by Craig Erlam, who is a senior market analyst at OANDA.

#OilPrices #BrentCrude #OPEC+

Jerome Powell's comments from Jackson Hole economic symposium have shaken markets across the board. The S&P 500 erased all August gains in one session, while Asian markets are all painted red.

For more, we’re joined by Han Tan, who is Exinty Chief Market Analyst in Abu Dhabi.

#FED #JacksonHole #Powell

The euro is trading at a two-decade low against the US dollar, with analysts predicting that the situation could worsen before the end of the year. The single currency is expected to continue sliding further, and is also being pushed down by the strengthening dollar. But what exactly does a low euro mean? We analyze winners and losers of euro’s depreciation.

#Euro #Dollar #Parity

As in many parts of the world, Albania's agricultural sector has been battered by rising fuel and fertilizer costs. With the pandemic and the Ukraine conflict disrupting supply chains, farmers are now turning to more traditional methods to enrich their soil. Tayyibe Aydin reports.

#Agriculture #Fertilizer #Coffee

It's been six months since Russia began its attack on Ukraine. Ukrainian civilians have paid a heavy price: more than 5,500 are confirmed dead, and the true number is believed to be in the tens of thousands. The economic cost has also been great. The destruction has already cost Ukraine at least $113B, according to the Kyiv School of Economics. Ukrainian agricultural production and other countries that depend on it have been hit hard. Even with grain ships on the move again, the global food crisis remains dire. Energy prices are also another consequence, affecting many countries around the world.

For more, we were joined by Meli Arvas and Julien Mathonniere.

#RussiaAttacksUkraine #Energy #Food

Workers at the Port of Felixstowe in Eastern England which handles almost half the UK's container trade, began an eight day strike over pay at the weekend, threatening to add more disruption to the British economy, after the shocks of Brexit and the COVID-19 pandemic. Lape Olarinoye reports.

#UnitedKingdom #Felixstowe #Strike

Twitter has been in legal battles with Tesla's CEO Elon Musk for months after the tech mogul chose to back out of a takeover deal worth $44B. A new scathing report from a high ranking former executive at Twitter may give Musk the ammunition he needs to successfully pull out. Malik Fuda has more.

For more on this, we spoke to Wedbush Securities Managing Director Daniel Ives. He says this changes the trajectory of the legal battle between Elon Musk and Twitter.

#Twitter #ElonMusk #PeiterZatko

European markets are set for a higher open on Friday as global attention turns to US Federal Reserve Chairman Jerome Powell's speech at Jackson Hole economic symposium later today. Many analysts expect the chairman to adopt a hawkish tone and reiterate the Fed's commitment to dragging inflation back toward target. Meanwhile, the ECB's July meeting minutes were released, and they show that policymakers are increasingly concerned that inflation is getting entrenched, even as the risk of a recessions is looming in the bloc.

For more, we spoke to David Madden, Equiti Capital market analyst in London.

#JacksonHole #InterestRates #Inflation

Germany's public buildings are to become cooler and streets darker, this winter, under energy-saving measures approved by the cabinet, as part of efforts to protect the nation's gas reserves and reduce its dependency on Russian gas. The new rules come into force in just over a week's time and will initially remain in place for six months.

For more on Germany’s energy policies, we spoke to Susannah Streeter, who is an investment analyst at Hargreaves Landsdown in Bristol, UK.

#Germany #EnergySaving #EnergyCrisis