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• Export control on items related to lithium batteries, artificial graphite anode materials
• Export control on items related to superhard materials, some medium and heavy rare earth-related items

This will just tighten global access to key raw materials needed for computer chips and technological equipment, as China is definitely sending a big message to the US ahead of a meeting between Xi and Trump later this month. As a reminder, this was what Beijing also threatened with earlier in the year to get Washington to back down on tariffs and it did work.

On the latest restrictions, China is saying that it is doing so to “safeguard national security” and that some will only go into effect on 1 December.

This article was written by Justin Low at investinglive.com.

The government shutdown is exacerbating concerns about the strain on air traffic controllers, a shortage of whom has vexed airline executives for years.

Instead of continuing to decline, EUR is likely to trade in a range between 1.1600 and 1.1660. In the longer run, risk for EUR remains on the downside, likely toward the major support at 1.1570, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

9 October, Sydney, Australia – VT Markets, a leading multi-asset broker, announced plans to introduce an AI-powered growth strategy designed to elevate trading performance, strengthen client protection, and transform user experience. The strategy was revealed during the high-profile VT Markets Dubai Week Gala Night that brought together industry leaders, partners, and traders.

As financial markets become increasingly complex, VT Markets’ upcoming AI integration aims to address key challenges for retail traders, including decision-making, risk management, and education. More than a technological upgrade, the strategy underscores the company’s long-term commitment to its clients and the industry.

Ross Maxwell, Global Strategy Operations Lead shared: “We’re harnessing AI to deliver sharper insights, faster execution, and smarter support – helping traders navigate market dynamics with confidence, while staying true to the trust and transparency our brand is built on.” He added: “We’re also using AI to boost internal efficiency and productivity so we can deliver products and services at the highest standards.”

Upcoming Tech and AI-Powered Innovations

• One-Tap Trading: Streamlined trading actions such as deposits, withdrawals, and trade entries/exits, optimized by AI for speed and ease.

• AI Trading Assistant: Consolidates market trends, news, and data into personalized insights for informed decision-making.

• Automated Loyalty Program: Tracks client activity and automatically rewards engagement and referrals to customer satisfaction.

• Real-Time Risk & Compliance Monitoring: Monitors market exposure, leverage, and anomalies, offering real-time alerts and automated adjustments to ensure client safety.

• Digital Finance Ecosystem: A unified ecosystem for managing assets, offering features such as seamless top-ups, withdrawals, and real-time conversions between currencies and cryptocurrencies. Powered by AI, it enhances efficiency and security, integrating everyday transactions via digital wallets and cards to cater to local and global payment needs

• 24/7 AI Support: Round-the-clock AI-powered support provides real-time, multilingual assistance, ensuring a smooth trading experience.

As the financial landscape continues to evolve, VT Markets’ AI strategy reinforces its position as an industry leader, combining innovation with its legacy of trust as it enters a new era of smarter, more empowering trading experiences.

This article was written by IL Contributors at investinglive.com.

The dollar is once again finding bids in European morning trade, as it nudges higher on the session today. USD/JPY was an early mover, getting above 153.00 but other dollar pairs are now moving as the greenback continues to stay underpinned.

GBP/USD is down 0.4% to 1.3343 with USD/CHF up another 0.2% to 0.8030 on the day. But if anything else, do keep an eye out on EUR/USD as it starts to creep closer to the 1.1600 mark currently:

The pair is down only 0.2% for now with large option expiries at 1.1600 perhaps helping to toe the line. However, sellers are trying to make a move in contesting a break below the 100-day moving average (red line). This will be the first time since March that price action is threatening a break under either of its key daily moving averages.

And that is quite a notable development, as it would signify an end to the more bullish bias established over the last six months or so.

Besides that, the drop in GBP/USD is also looking to threaten the dual lows in September around 1.3323-33 and NZD/USD is also once again nudging back towards a test of the September low of 0.5754. The latter is down 0.4% to 0.5763 currently after surviving a daily close above the noted support level yesterday.

So, dollar pairs are definitely starting to be on the move even though things have been a fair bit quieter on the week.

This article was written by Justin Low at investinglive.com.

• UK inflation remains persistently persistent and the outlook for growth remains modest
• I have argued that policy needed to remain restrictive for longer to squeeze out inflation persistence and rein in expectations drift
• To create an environment conducive to growth, monetary policy must remain restrictive for longer
• UK’s consumption gap is an outlier relative to its closest international peers
• The evidence from consumer behaviour is that we are not there yet on inflation expectations

Mann is just repeating her previous comments here. She’s the most hawkish BoE member, so her stance remains to keep rates steady. The UK has been an outlier with persistently high inflation and wage growth. The problem might lie in consumer inflation expectations.

This article was written by Giuseppe Dellamotta at investinglive.com.

OpenAI has expanded its budget-friendly ChatGPT Go plan to 16 more countries across Asia, after launching it in India and Indonesia earlier this year.