A polycrisis is forcing car giants to confront some hard truths
[ad_1] Western car giants are battling crises on multiple fronts, with declining profits , layoffs and widespread cost-cutting measures showing…
Month: August 2025
FX option expiries for 25 August 10am New York cut
[ad_1] There is just one to take note of on the day, as highlighted in bold below. That being for…
Hong Kong’s dollar-peg defense leaves bittersweet taste for borrowers as Hibor rises
[ad_1] A “low-rate honeymoon” for Hong Kong borrowers has come to an end with an increase in the interest rate…
Databricks to acquire Tecton to boost AI agent capabilities
[ad_1] Databricks is set to acquire machine learning startup Tecton, a move aimed at expanding its artificial intelligence (AI) agent…
Jackson Hole paves the way for another leg lower in the dollar – MUFG
[ad_1] The firm notes that with his speech, Powell has reaffirmed that the Fed stance is softening as he acknowledged…
Bitcoin’s Sunday Plunge Creates Largest CME Gap in Weeks: What’s Next?
[ad_1] TL;DR Bitcoin futures opened with a massive CME gap, sparking debate on the potential for quick fills near $116,700.…
German Ifo business climate edges higher to 89.0, recovery still weak
[ad_1] Germany’s Ifo business climate index rose modestly in August, climbing to 89.0 from 88.6 and beating expectations of 88.3.…
Euro Rallies Against Dollar After Powell’s Cautious Jackson Hole Speech
[ad_1] The euro strengthened against the US dollar on Friday following a speech by Federal Reserve Chair Jerome Powell at…
China introduces new regulations for rare earth supply quotas
[ad_1] China, the world’s leading supplier of rare earth elements, announced new regulations aimed at overseeing the mining, smelting, and…
Ether erases gains from Jackson Hole rally after hitting new record
[ad_1] Jakub Porzycki | NurPhoto | Getty Images Ether is pulling back to start the week, after hitting a fresh…