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TheCryptagon

TheCryptagon
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Asian Currencies, Dollar Steady Ahead of Powell’s Fed Speech

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Asian currencies and the U.S. dollar traded quietly on Thursday as investors awaited the Federal Reserve’s Jackson Hole symposium for signals on the future...

DeepSeek Launches Upgraded AI Model With New Features

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Chinese AI startup DeepSeek has launched DeepSeek-V3.1, its latest artificial intelligence model, on Thursday. The upgrade introduces a hybrid inference structure, faster processing speed,...

Swiss Watch Exports Up 6.9% in July as U.S. Demand Jumps...

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Swiss watch exports rose 6.9% year-on-year in July, reaching CHF 2.399 billion, according to data from the Federation of the Swiss Watch Industry. Wristwatches were...

France’s Business Activity Improves in August, Approaching Growth Zone

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French business activity nearly returned to growth in August, marking the strongest performance in a year and beating expectations. A monthly survey signaled early...

China’s Economic Weakness Drives Yuan Short Bets to May Levels

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Bearish bets on China’s yuan climbed to their highest level since mid-May, according to a Reuters poll released Thursday. Analysts turned short on the...

Mitsubishi Recalls 91,000 U.S. Vehicles Due to Rear Hatch Problem, NHTSA...

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Mitsubishi Motors is recalling 91,697 Outlander and Outlander Plug-in Hybrid SUVs in the United States due to a rear hatch safety risk, according to...

Fed Officials Signal Patience as Inflation Risks Remain Elevated

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Federal Reserve policymakers signaled patience on future rate cuts, pointing to early signs of tariff-driven inflation. According to minutes from the July 29–30 Fed...

Nvidia Could Miss Consensus Forecasts Amid China Risks, Says KeyBanc

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Nvidia (NASDAQ: NVDA) may post strong July-quarter earnings, but could guide below Wall Street expectations for the October quarter due to ongoing uncertainty around...

Nasdaq and S&P 500 Slip as Tech Stocks Sell Off, Cheaper...

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The Nasdaq and S&P 500 slipped on Wednesday as investors sold off tech stocks and shifted into lower-valued sectors. Market participants were also waiting...

Trump Urges Fed Governor Cook to Step Down Amid Mortgage Allegations

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President Donald Trump on Wednesday called for Federal Reserve Governor Lisa Cook to resign over mortgage allegations linked to properties in Michigan and Georgia....
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