Chip stocks whipsaw again, pound rallies on politics, gold slips — Global Market Insights - Forex, Futures, Stocks

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Chip stocks face fresh selloff despite upbeat earnings by ASML and TSMC.
US dollar falls to one-month low on softer PPI as Warsh stays mum on
rates. Pound jumps on reports of who will be the UK’s next finance
minister. US carries out more strikes on Iran but oil rebound stalls, gold
skids again.

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