TheCryptagon
German Business Growth Slows in November as PMI Weakens
Germany’s private sector lost momentum in November as manufacturing unexpectedly slipped back into contraction and the services sector grew more slowly than anticipated, according...
Markets Move on U.S. Futures, Japan’s Stimulus Plans, and Bitcoin Weakness
U.S. stock futures steadied on Friday after a sharp selloff earlier in the week, while bitcoin dropped to a seven-month low. Markets are also...
Dollar Gains Relief as Hedging Surge Finally Cools
Only a few months after U.S. tariff shocks pushed the dollar sharply lower, the rush by overseas investors to hedge their U.S. holdings has...
Foxconn-Nvidia’s $1.4B Taiwan Supercomputing Cluster to Launch by Mid-2026
Foxconn announced on Friday that its $1.4 billion supercomputing centre, developed in partnership with Nvidia, will be ready in the first half of 2026....
French Economy Steadies in November as Services Sector Expands
French business activity came close to stabilising in November, according to a survey released on Friday. A stronger-than-expected rebound in the services sector nearly...
UK Retail Sales Fall as Consumer Confidence Weakens Ahead of Budget
British retail sales dropped sharply in October, and consumer confidence weakened in November, adding to concerns about slowing household spending ahead of next week’s...
Japan Warns of Yen Intervention as Rate Hike Chances Strengthen
Japan strengthened its warning of possible currency intervention on Friday, while the Bank of Japan signaled that a near-term interest rate hike is now...
Binance CEO: Bitcoin Volatility Now Matches Other Major Assets
Binance CEO Richard Teng said on Friday that bitcoin’s recent sharp decline is largely due to investor deleveraging and a broader pullback from risk...
Crypto Falls Sharply as Investors Flee Risk Assets
Cryptocurrencies fell sharply on Friday as investors pulled back from risk assets. Bitcoin and ether dropped to multi-month lows, pressured by concerns over high...
Asia FX Steady as Dollar Holds Firm and Japan Data Takes...
Asian currencies and the U.S. dollar held mostly steady on Friday as traders assessed mixed U.S. labor data. The report offered little guidance on...
