The global AI race has taken an intriguing turn with the emergence of China’s DeepSeek, touted by some as a potential disruptor to NVIDIA’s dominance in the AI hardware space. As speculation swirls, stock investors, analysts, and thought leaders are left grappling with the critical question: Is DeepSeek a genuine threat to NVIDIA and the
UPCOMING EVENTS: Monday: China PMIs, German IFO. Tuesday: US Durable Goods Orders, US Consumer Confidence. Wednesday: Australia Q4 CPI, BoC Policy Decision, FOMC Policy Decision. Thursday: Eurozone GDP and Unemployment Rate, ECB Policy Decision, US Q4 GDP, US Jobless Claims. Friday: Tokyo CPI, Japan Unemployment Rate, Japan Industrial Production and Retail Sales, Swiss Retail Sales,
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 mentioned (see in video below) that the launch of his Meme coin celebrated winning. So far, it seems that he won, and buyers of this
Investing.com — Donald Trump’s inauguration week began with a relief rally in G10 currencies against the US dollar (USD), driven by a Wall Street Journal report hinting at a potential delay in tariffs. UBS strategists, citing their short-term valuation model, analyzed the rally, assessing the extent of tariff risk priced into currencies as of the
Marco Rubio, Secretary of State 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 the time — that yestrday’s executive order from Trump will cut off foreign aid to Ukraine. Secretary of State Marco
The Dow Jones eased somwhat on Friday, testing into 44,300. Despite a quiet end to the week, equities are poised for strong bullish closes. US PMI data came in more mixed than expected, to little effect. The Dow Jones Industrial Average (DJIA) churned into a soft backpedal on Friday, testing down around 200 points on a
US equities markets rose due to President Trump’s pro-business policies and decision to not impose tariffs on major trading partners yet. The Bank of Japan raised rates to 0.5%, the highest since 2008. The week ahead sees market shift attention toward Central Bank policy with ECB and Fed meeting in focus. Week in Review: Trump
Pound Sterling outperforms USD as Trump backs immediate rate cuts GBP/USD rises to near 1.2400 as Trump asks Fed for rate cuts GBP/USD churns near familiar levels ahead of Friday’s PMI data Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for
Euro posted notable gains today as lifted by encouraging Eurozone PMI data that suggests the region is beginning the year on firmer footing. Private sector activity showed cautious growth, with reduced drag from manufacturing and moderate expansion in services. Most surprisingly, Germany, which struggled throughout 2024, returned to expansion. Sterling also gained on better PMI
2025.01.24 2025.01.24 Detailed Overview of LiteFinance 20th Anniversary Challenge Prizes Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ LiteFinance’s 20th Anniversary Challenge is in full swing! The first winners have already been determined, and we will draw monthly prizes soon. A participant with the highest number of points will receive $10,000. We’re so excited to tell you about the amazing prizes
By Douglas Gillison, Tom Bergin, Chris Prentice and Isla Binnie WASHINGTON – President Donald Trump’s administration is expected to usher in a boom time for crypto but a Reuters review shows very few members of the incoming congress are invested in bitcoin or other digital currencies. On Thursday, Trump signed an order to create a
Trump failed to provide guidance on the proposed 25% tariff on Canadian goods. The US president said the Fed should continue lowering borrowing costs. Data from Canada revealed that retail sales made no change in November. The USD/CAD outlook shows the impact of Trump’s tariff threats fading, allowing the Canadian dollar to recover. On the
Dollar’s decline accelerated as the week progressed towards the last day, weighed down by strong risk-on sentiment and investor optimism. S&P 500 closed at a new record high on Thursday, with NASDAQ and DOW poised to follow soon. Contributing to this sentiment were remarks from US President Donald Trump at the World Economic Forum, where
2025.01.24 2025.01.24 Short-Term Analysis for Oil, Gold, and EURUSD for 24.01.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold continues to
