The DXY index fell and if DeepSeek’s new AI model proves to be a major and disruptive technological breakthrough, reducing a U.S.-specific advantage, the impact should be considered to be a marginal ...
Stocks across Asia lost ground on Monday as worries about Chinese AI company DeepSeek reverberated. The company's discounted R1 model knocked tech stocks, sending the Nikkei ( ^N225) in Japan 0.9% ...
The yen and Swiss franc jumped against major currencies on Monday in a rush for safe-haven assets as tech stocks plunged, ...
Analyst comments on the implications of this fresh Monday wobble are coming in. George Saravelos, Deutsche Bank's global co-head of FX research, is considering the macro impact, if, and he stresses ...
The ECB has reinforced its push for a digital euro in response to Trump’s executive order promoting US dollar-backed ...
Gold prices retreated on Monday morning, coming under pressure as the dollar strengthened. The spot price was down 0.5% to $2 ...
Under a potential Trump 2.0 administration, these policies may cause higher consumer prices, strained global trade relations, and slower economic growth. The report said, "Higher tariffs depress real ...
Last September Deutsche Bank increased its price target in AG Barr, the maker of Irn-Bru and Tizer, on the back of a positive ...