European equity close: Stock markets hold the line even as the US sinks
Closing changes: Stoxx 600 +0.1% German DAX -0.1% France CAC -0.5% UK FTSE 100 +0.1% Spain IBEX +0.9% Italy’s FTSE MIB +0.6% European stocks hit highs midway through the session…
Read More »NVDA earnings report is coming & many are still wondering about DeepSeek
How DeepSeek is Changing the AI Game and Its Potential Impact on NVIDIA (NVDA) Earnings DeepSeek, a Chinese AI startup, has quickly gained attention in the AI world. While most…
Read More »China says willing to work with US to resolve trade concerns through dialogue
Strongly dissatisfied with US tariffs on Chinese goods Tariffs undermines normal economic, trade cooperation between the two countries Hopes to resolve concerns through equal dialogue and consultation Willing to work…
Read More »Australia January business confidence +4 (prior -2)
National Australia Bank business survey, for January 2025: Business Confidence +4, improved on expectations of lower interest rates prior -2.0 Business Conditions +3 prior 6.0 sales (down 4 to 6)…
Read More »PBOC expected to set yuan reference rate at 7.305
The US dollar has been range-bound against the yuan so far this year. This article was written by Adam Button at www.forexlive.com.
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2780 – Reuters estimate
Tariff issues continue to simmer: China says willing to resolve trade issues through dialogue and consultation *** People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The…
Read More »Federal Reserve Board Governor Christopher Waller is speaking on Thursday
1930 GMT/1430 US Eastern time: Federal Reserve Board Governor Christopher Waller speaks on “Payments” event is “Navigating the Future of Payments with Christopher Waller” in Washington While we may not…
Read More »There is an OPEC+ (JMMC) meeting scheduled for today, to review current market conditions
OPEC is set to hold its Joint OPEC/non-OPEC Ministerial Monitoring Committee (JMMC) meeting today to review current market conditions. No recommendations for broader policy changes are anticipated. Under the existing…
Read More »Trump Pump & Dump
Trump Coin (TRUMP/USDT): The Rise and Fall of a Meme Coin In the unpredictable world of cryptocurrency, meme coins frequently make headlines with spectacular gains—followed by equally dramatic losses. Trump…
Read More »Did the US Secretary of State just cutoff aid to Ukraine?
Politico is out with a very interesting report after it obtained a report showing guidance from new Secretary of State Marco Rubio. It says that — contrary to reports at…
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