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Tag: Economy

Chips, China, and a Lot of Money: The Factors Driving the DeepSeek AI Turmoil

Chips, China, and a Lot of Money: The Factors Driving the DeepSeek AI Turmoil Why is DeepSeek causing global technology shockwaves? Matt Sheehan: DeepSeek is a Chinese AI startup that recently released a series of very impressive generative AI models. One of those models, DeepSeek R1, is a “reasoning model” that takes its time to think through an extended chain of logic before it gives an answer....

Market Thoughts – Subdued Start To Holiday-Shortened Week

Market Thoughts – Subdued Start To Holiday-Shortened Week Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone DIGEST – Markets started the week in subdued fashion yesterday, with US participants away for Presidents’ Day. Today, UK jobs, German sentiment, and Canadian inflation figures are in focus. ued fashion yesterday, with US participants away for Presidents’ Day. Today, UK jobs, German sentiment, and Canadian inflation figures are...
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Gold prices touch $2670

Gold prices touch $2670 Today's market analysis on behalf of Rania Gule Senior Market Analyst at XS.com Gold prices have reached a record high, trading at $2669.70 today, Wednesday,...

IFC and EBRD invest in Bank of Palestine to boost local economy

IFC & EBRD Invest in Bank of Palestine’s Capital to Support the Bank in Local Economic Recovery, Growth & Regional Expansion The International Finance Corporation...

Viet Nam’s economy is forecast to grow 6.1% in 2024

Viet Nam’s economy is forecast to grow 6.1% in 2024 The World Bank: Viet Nam’s economic growth is expected to pick up in 2024, driven...

UK Inflation market comment on behalf of Michael Brown

UK Inflation market comment on behalf of Michael Brown Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone "This morning's UK inflation figures will...

In Numbers: Extreme Wealth Vs Corporate Power

In Numbers: Extreme Wealth Vs Corporate Power By Syed Sadain Gardazi Forbes Middle East : he fortunes of the world’s five wealthiest people have surged by a...

he Future of Gold Prices: A Journey of Stability Amid Positive Risks

he Future of Gold Prices: A Journey of Stability Amid Positive Risks The price of gold (XAU/USD) is attempting to capitalize on its gains during...

Asian Currencies Recover on Weak Dollar

Asian Currencies Recover on Weak Dollar market analysis on behalf of Denys Peleshok, Head of Asia at CPT Markets. Please don't hesitate to get in...

SAR 511 Billion Contribution of AI to the Saudi Economy

SAR 511 Billion Contribution of AI to the Saudi Economy Despite the mounting concerns surrounding the impact of Artificial Intelligence (AI) on the field of...

Accelerated Economic Growth Anticipated for Kosovo in 2024

Accelerated Economic Growth Anticipated for Kosovo in 2024 The World Bank: After slowing down in 2023, economic growth in the Western Balkans is expected to...

Bahrain Builds Towards A More Resilient Future

Bahrain Builds Towards A More Resilient Future Forbes Middle East: The Kingdom of Bahrain has achieved some key political milestones in 2021. Following Bahrain’s signing...

Global NFT Sales Slumped 76% YoY to $638M in December

Global NFT Sales Slumped 76% YoY to $638M in December The once-booming NFT market is down by nearly every trackable metric as nonfungible tokens continue...

Following Years Of Growth, E-Commerce Industry To Shrink By 6.5% In 2022

Following Years Of Growth, E-Commerce Industry To Shrink By 6.5% In 2022 After years of positive growth, the eCommerce industry is set to witness negative...