{"id":51969,"date":"2025-08-14T04:08:47","date_gmt":"2025-08-14T08:08:47","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-in-focus-norges-bank-holds-rates-foxconn-expands-us-ai-production-turkey-maintains-inflation-outlook\/51969\/"},"modified":"2025-08-14T04:08:47","modified_gmt":"2025-08-14T08:08:47","slug":"global-markets-in-focus-norges-bank-holds-rates-foxconn-expands-us-ai-production-turkey-maintains-inflation-outlook","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-in-focus-norges-bank-holds-rates-foxconn-expands-us-ai-production-turkey-maintains-inflation-outlook\/51969\/","title":{"rendered":"Global Markets in Focus: Norges Bank Holds Rates, Foxconn Expands US AI Production, Turkey Maintains Inflation Outlook"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-in-focus-norges-bank-holds-rates-foxconn-expands-us-ai-production-turkey-maintains-inflation-outlook\/51969\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-in-focus-norges-bank-holds-rates-foxconn-expands-us-ai-production-turkey-maintains-inflation-outlook\/51969\/#Norges_Bank_Holds_Steady_Signals_Future_Cuts\" >Norges Bank Holds Steady, Signals Future Cuts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-in-focus-norges-bank-holds-rates-foxconn-expands-us-ai-production-turkey-maintains-inflation-outlook\/51969\/#Foxconn_Deepens_US_AI_Production_Boosts_Capex\" >Foxconn Deepens US AI Production, Boosts Capex<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-in-focus-norges-bank-holds-rates-foxconn-expands-us-ai-production-turkey-maintains-inflation-outlook\/51969\/#Turkeys_Inflation_Outlook_Unchanged\" >Turkey&#39;s Inflation Outlook Unchanged<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-in-focus-norges-bank-holds-rates-foxconn-expands-us-ai-production-turkey-maintains-inflation-outlook\/51969\/#JPMorgan_Sees_Departures_in_Hong_Kong\" >JPMorgan Sees Departures in Hong Kong<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-in-focus-norges-bank-holds-rates-foxconn-expands-us-ai-production-turkey-maintains-inflation-outlook\/51969\/#Europe_Gas_Prices_Remain_Range-Bound\" >Europe Gas Prices Remain Range-Bound<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Norges Bank<\/strong> maintained its benchmark interest rate at <strong>4.25%<\/strong>, defying some expectations of a cut, but signaled that the policy rate will be reduced further in the course of <strong>2025<\/strong> if the economy evolves as projected.<\/li>\n<li><strong>Foxconn<\/strong> (<a href=\"\/stock\/2317.TW\">2317.TW<\/a>) is significantly expanding its <strong>AI server production<\/strong> in the U.S., particularly in Texas and Wisconsin, and has identified <strong>NVIDIA<\/strong> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) as a very crucial partner.<\/li>\n<li><strong>Turkey&#39;s Central Bank<\/strong> held its year-end inflation estimate steady at <strong>24%<\/strong> for 2025, despite recent market volatility.<\/li>\n<li><strong>JPMorgan<\/strong> (<a href=\"\/stock\/JPM\">JPM<\/a>) experienced key personnel departures in its Hong Kong credit trading and sales division.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Norges_Bank_Holds_Steady_Signals_Future_Cuts\"><\/span>Norges Bank Holds Steady, Signals Future Cuts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Norges Bank, Norway&#39;s central bank, announced today that it would keep its benchmark interest rate unchanged at <strong>4.25%<\/strong>, a decision that was largely anticipated by market analysts. This follows a previous reduction from 4.5% to 4.25% in June 2025. Despite the current hold, the central bank indicated a clear path towards further monetary easing, stating that the policy rate is expected to be reduced further over the course of <strong>2025<\/strong>, provided the economic outlook develops broadly as currently projected.<\/p>\n<p>The central bank&#39;s policy rate forecast suggests a decline to just below <strong>4%<\/strong> by the end of 2025 and approximately <strong>3%<\/strong> by the end of 2028. This cautious approach aims to ensure inflation returns to its target without unduly restricting economic activity, even as underlying inflation has shown signs of decline.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Foxconn_Deepens_US_AI_Production_Boosts_Capex\"><\/span>Foxconn Deepens US AI Production, Boosts Capex<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Technology giant <strong>Foxconn<\/strong> (<a href=\"\/stock\/2317.TW\">2317.TW<\/a>) is making substantial strategic moves, affirming <strong>NVIDIA<\/strong> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) as a &quot;very important partner&quot; as it ramps up its artificial intelligence (AI) server production in the United States. The company plans to continue expanding its AI server manufacturing operations in <strong>Texas<\/strong> and <strong>Wisconsin<\/strong>, with new facilities in the U.S., Mexico, and Taiwan coming online. Foxconn is also actively seeking better production locations for its Model C in the U.S. market, aligning with its broader investment strategy.<\/p>\n<p>To support these ambitious expansion plans, Foxconn intends to increase its capital expenditure by more than <strong>20%<\/strong> in <strong>2025<\/strong>. The company is leveraging <strong>NVIDIA Omniverse<\/strong> for virtual integration and planning of its facilities, aiming for greater efficiency and faster deployment of AI-powered robotic factories. AI servers now constitute <strong>40%<\/strong> of Foxconn&#39;s total sales, and the company commands over <strong>40%<\/strong> of the global AI server market through its partnerships.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Turkeys_Inflation_Outlook_Unchanged\"><\/span>Turkey&#39;s Inflation Outlook Unchanged<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Turkey&#39;s Central Bank<\/strong> announced it is maintaining its year-end inflation estimate at <strong>24%<\/strong> for <strong>2025<\/strong>. This decision comes despite recent volatility in financial markets and ongoing global uncertainties. The bank&#39;s forecast range for 2025 remains between <strong>19% and 29%<\/strong>, reflecting the elevated uncertainty, particularly concerning global food and energy markets.<\/p>\n<p>Central Bank Governor Fatih Karahan reiterated the bank&#39;s commitment to a tight monetary policy stance until a sustained decline in inflation is achieved, with projections showing inflation decreasing to <strong>12%<\/strong> in <strong>2026<\/strong> and <strong>8%<\/strong> by the end of <strong>2027<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"JPMorgan_Sees_Departures_in_Hong_Kong\"><\/span>JPMorgan Sees Departures in Hong Kong<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>JPMorgan<\/strong> (<a href=\"\/stock\/JPM\">JPM<\/a>) has experienced personnel changes within its Hong Kong operations, with the departure of two credit traders and a sales head. This includes Sudhir Goel, who served as the bank&#39;s head of sales and marketing and platform services for APAC and CEO of Southeast Asia. The departures come amidst a dynamic period in Asia&#39;s credit trading and sales market, with significant activity reported across Hong Kong and Singapore.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Europe_Gas_Prices_Remain_Range-Bound\"><\/span>Europe Gas Prices Remain Range-Bound<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>European natural gas prices have continued to trade within a week-long range. This stability is observed ahead of anticipated talks between U.S. President Donald <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a> and Russian President Vladimir Putin. Market participants are closely monitoring these geopolitical discussions, as their outcome could influence future energy trade policies and the region&#39;s supply balance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Norges Bank maintained its benchmark interest rate at 4.25%, defying some expectations of a cut, but signaled that 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