ICYMI - China seeks to triple output of AI chips in race with the US (Financial Times)

Nvidia, stagflation risks loom, but BofA sees autumn dip as entry point for bulls. A pickup in volatility could weigh on equities near term, but BofA’s call for dip-buying may underpin.

EV sales surge 2.3% in August on expiring incentives, but traders eye potential Trump policy shifts and valuation risks.

UK services confidence slips again in August, CBI warns on costs and weak demand.

Stagflation risk rises as Fed independence is threatened; 30-year yields spike, signaling inflation fears.

UBS: Swiss franc strength likely to hold even if SNB cuts rates back below zero. EUR/CHF upside looks limited, with the franc’s safe-haven appeal set to outweigh any SNB rate cuts.

Lithium supply chains face geopolitical risks; solid-state & sodium-ion batteries emerge as alternatives, potentially displacing 272K tons of lithium demand by 2035.

S&P 500 hits record! Dollar firms. Nvidia dips post-earnings, missing lofty AI expectations. Traders eye tech valuations.