TheCryptagon
Alibaba Revenue Falls Short of Estimates, AI Drives Cloud Growth
Alibaba said on Friday that artificial intelligence is now central to the growth of its cloud computing business, as the Chinese tech giant reported...
Asian Markets Mixed as China Ends Strong August, Japan Slips on...
Asian stock markets ended mixed on Friday, with Chinese shares extending their stellar August rally to multi-year highs, while Japan’s Nikkei 225 slipped on...
Gold Holds Above $3,400 as Traders Bet on Fed Cuts, Await...
Gold prices dipped slightly on Friday but remained on track for strong monthly gains in August, supported by growing expectations of a September interest...
Asian Currencies Little Changed With Fed Easing in Focus, PCE Data...
Asian currencies weakened slightly on Friday as traders awaited the release of the Federal Reserve’s preferred inflation measure to refine bets on a September...
Oil Falls Amid Demand Uncertainty but Heads Toward Weekly Increase
Oil prices slipped on Friday but remained on track for weekly gains, as markets weighed slowing U.S. demand with ongoing risks around Russian supply....
Spain’s EU-Harmonised Inflation Holds Steady at 2.7% in August
Spain’s EU-harmonised 12-month inflation rate held steady at 2.7% in August, unchanged from July, according to preliminary data released on Friday by the National...
China Increases Soybean Imports From Argentina and Uruguay Amid U.S. Trade...
China’s soybean importers are ramping up purchases from Argentina and Uruguay over the next year to compensate for reduced U.S. supplies, as the trade...
French August Inflation Estimated at +0.8%, Missing Expectations Slightly
French consumer prices rose slightly less than expected in August, as weaker declines in energy costs offset a slowdown in service prices, according to...
France’s Q2 GDP Growth Holds Steady at 0.3%, INSEE Reports
France’s economy grew by 0.3% in the second quarter, according to final data published by statistics office INSEE on Friday. The reading confirmed the...
Indonesia’s July Trade Balance Forecast at $3.2B With Imports Weakening
ndonesia is expected to record a trade surplus of around $3.2 billion in July, according to a Reuters poll published on Friday. The positive...
