France to announce 109 billion in ai investments macron says (09.02.2025)
France is set to announce a total of €109 billion ($113 billion) in investment in artificial intelligence projects in the country by companies, funds and other sources over the coming years, President Emmanuel Macron said on the eve of a two-day AI summit in Paris.
King dollar emerges as fresh threat for big tech earnings views (08.02.2025)
The surge in the dollar is darkening the earnings outlook for US multinational companies from Amazon.com Inc. to Apple Inc., leaving investors to question how much longer the stock rally can withstand the greenback’s strength.
Trump Tariffs: Germany’s Record Trade Surplus With US Set to Stoke Tensions (07.02.2025)
Germany’s goods-trade surplus with the US hit a new high last year, a development that’s likely to irk President Donald Trump just as he threatens tariffs on Europe.
US Consumer Sentiment Drops to Seven-Month Low on Price Worries (07.02.2025)
US consumer sentiment slumped in early February to a seven-month low on a spike in short-term inflation expectations related to concerns about tariffs.
ECB Paper Suggests Two More Cuts Can Take Rates to Neutral (07.02.2025)
Economists at the European Central Bank said the neutral rate of interest, a concept that may help determine where cuts in borrowing costs will end, is probably between 1.75% and 2.25%.
Chinese Tech Stocks Near Technical Bull Market on DeepSeek Hype (07.02.2025)
China’s growing clout in the artificial intelligence space has sparked a wave of optimism toward the nation’s tech shares, with a gauge entering a bull market and brokers issuing upbeat calls.
ECB Could Face Biggest Personnel Shakeup Since 2019 This Year (07.02.2025)
The European Central Bank is set to enter a new phase of unpredictability as the terms of seven of its 26 interest rate-setters end by December, marking its biggest personnel shakeup since 2019.
US Jobs Will Get Marked Down, But Not as Much as Once Feared (06.02.2025)
An upcoming revision to US job growth will be substantial but probably not as bad as initially estimated, underscoring a labor market that’s gradually cooling.
Traders See Profits Evaporate in Minutes as Trump Convulses Bets (06.02.2025)
The early days of Donald Trump’s trade war have been marked by a flurry of advances and retreats, forcing traders to adapt by increasingly making bets that are more conservative than usual or easily reversed.
Bank of England Gives Hawkish Warning as it Cuts Rates to 4.5% (06.02.2025)
Bank of England officials decided to cut interest rates to a 19-month low, with two supporting a bumper 50-basis-point cut, prompting markets to boost bets on further easing.
Trump's Trade War Seen Risking Another Global Inflation Wave (06.02.2025)
The more President Donald Trump threatens tariffs on the US’s trading partners, the more the worry of another inflation wave troubles global economists.
Gold (XAU/USD) Steady Near Record High on Economic and Geopolitical Risks (06.02.2025)
Citigroup Inc. expects gold prices to hit a record $3,000 an ounce within three months, with geopolitical tensions and trade wars stoked by US President Donald Trump boosting demand for safe-haven assets.
Bank of England Guide: UK Set for Third Rate Cut With Inflation Likely to Rise (06.02.2025)
The Bank of England is expected to cut interest rates for a third time on Thursday while downgrading its UK growth forecasts and predicting higher inflation this year in a report that will make uncomfortable reading for Chancellor of the Exchequer Rachel Reeves.
Bitcoin Musings Draw Scrutiny Over Czech Central Bank Governor (06.02.2025)
The Czech central bank governor’s bid to invest a portion of the country’s reserves into Bitcoin managed to draw more attention to the central European nation’s monetary policy than any of his predecessors.
ECB May Need to Cut Rates Below Neutral Level, Centeno Says (05.02.2024)
The European Central Bank may need to cut interest rates below neutral levels to stimulate economic growth, Governing Council member Mario Centeno told Reuters in an interview.
Israel-Hamas War: Trump Idea for US Takeover of Gaza Stokes Middle East Tensions (05.02.2025)
Aides to President Donald Trump sought to tone down his idea of depopulating and taking over Gaza after his suggestion that the US would “own” the war-ravaged territory was welcomed in Israel but widely condemned elsewhere.
Bessent, Trump Focus on 10-Year Yields, Not Fed Short-Term Rate (05.02.2025)
Treasury Secretary Scott Bessent said the Trump administration’s focus with regard to bringing down borrowing costs is 10-year Treasury yields, rather than the Federal Reserve’s benchmark short-term interest rate.
ECB’s Lane Says Agility Needed on Interest Rates Amid Inflation Risks (05.02.2025)
The European Central Bank should remain agile in setting monetary policy since inflation risks remain in both directions, according to Chief Economist Philip Lane.
Canada’s Trans Mountain Pipeline Accelerates Push to Look Beyond US (05.02.2025)
Almost every day since the expansion of Canada’s Trans Mountain pipeline was completed in May, a tanker laden with oil sands crude shipped through the line has passed under Vancouver’s Lions Gate Bridge en route to refineries around the Pacific.
EU Tariffs Threat: Bloc Sees a Path to Negotiate With Trump to Avoid a Fight (04.02.2025)
The European Union is preparing for a transatlantic trade fight, but US President Donald Trump’s decision to delay broad tariffs on Mexico and Canada this week has bolstered confidence in the bloc that it will be able to negotiate an acceptable outcome.
Spain Bids to Cut Work Hours in Crowd-Pleasing Plan From Sanchez (04.02.2025)
Just days after Spain’s economy was revealed to be far outpacing its peers, Pedro Sanchez’s government has a new message for voters: stop working so much.
Bitcoin Slides as US-China Trade War Escalation Rattles Markets (04.03.2025)
Bitcoin and other digital assets faced renewed selling pressure as trade tensions between the world’s two largest economies intensified, with the US and China imposing fresh tariffs on each other.
Xi’s Reply to Trump Tariffs Shows China Has More to Lose (04.02.2025)
The first volleys in the latest US-China trade war made clear that Xi Jinping is taking a more cautious approach than during Donald Trump’s first term.