TheCryptagon
BOJ Holds Rates Steady, Moves to Unwind ETF Holdings
The Bank of Japan (BOJ) kept interest rates unchanged on Friday, as expected, while also outlining plans to start selling parts of its massive...
Xiaomi Recalls 117,000 SU7 EVs Due to Assisted Driving Flaw
China’s market regulator announced on Friday that Xiaomi (HK:1810) will recall 116,887 SU7 electric vehicles to fix a defect in the assisted driving system....
Gold Set for Fifth Straight Weekly Gain After Fed Rate Cut
Gold prices edged higher in Asian trading on Friday, keeping the metal on track for a fifth consecutive weekly gain. The move came after...
Oil Slips as Demand Worries Outweigh Boost from U.S. Rate Cut
Oil prices slipped on Friday as concerns over weakening U.S. fuel demand overshadowed optimism from the Federal Reserve’s first rate cut of the year.
Brent...
China Likely to Keep Benchmark Lending Rates Steady Despite Fed Cuts
China is expected to keep its benchmark lending rates unchanged for the fourth straight month on Monday, according to a Reuters survey. The move...
Bitcoin Slips to $116.8K as Fed Rally Fades and BOJ Turns...
Bitcoin stalls as Fed rally cools, BOJ turns hawkishBitcoin slipped slightly on Friday as optimism over lower U.S. interest rates faded. At the same...
German Producer Prices Drop 2.2% in August, Year-on-Year
German producer prices dropped more than expected in August, recording a 2.2% annual decline, according to data from the federal statistics office on Friday.
Economists...
UK Retail Sales Rise 0.5% in August, Beating Expectations
U.K. retail sales rose in August, but growth remained modest, highlighting continued pressure on consumers.
Data from the Office for National Statistics (ONS) showed retail...
Asian Markets Head for Weekly Gains as Nikkei Falls on BOJ...
Asian shares moved toward weekly gains on Friday, supported by hopes of further global rate cuts. However, Japan’s Nikkei pulled back from record highs...
U.S. Stocks End Mixed as Nvidia–Intel Deal Lifts Tech Sector
U.S. stocks traded mixed on Thursday, as investors digested the Federal Reserve’s latest rate cut while the tech sector surged on news of a...
