Market Update

Financial markets were shaken on Monday as tech-heavy Nasdaq futures slumped, led by a steep decline in Nvidia (NASDAQ:NVDA). The drop follows concerns surrounding a potential shift in AI infrastructure demand after Chinese start-up DeepSeek unveiled a low-cost, energy-efficient AI model. Nvidia shares were down 11.7% in premarket U.S. trading, …

European shares faced significant losses on Monday, driven by a selloff in the technology sector after China’s DeepSeek unveiled a low-cost, energy-efficient AI model. The development raised concerns over the profitability of existing AI players and reduced demand for high-performance chips. Market Highlights: STOXX 600: Fell 0.6% by 0941 GMT, …

The U.S. dollar showed mixed performance on Monday as tariff concerns resurfaced and investors braced for a busy week of central bank decisions and key economic data releases. Dollar Performance The Dollar Index (DXY) rose 0.1% to 107.58, rebounding from a one-month low but remaining close to last week’s dip, …

Gold prices dipped in Asian trading on Monday, shedding last week’s sharp gains as the U.S. dollar strengthened following President Donald Trump’s temporary imposition of tariffs on Colombian imports. Investors remained cautious ahead of the Federal Reserve’s interest rate decision this week, further pressuring the yellow metal. Gold Market Performance …

Bitcoin faced a significant decline on Monday, falling 4.4% to $100,557.5, as broader market sentiment soured following tariff threats from U.S. President Donald Trump and a hawkish Federal Reserve outlook. The cryptocurrency market also grappled with the lingering ambiguity surrounding Trump’s stance on crypto regulations, adding to the downward pressure. …

Last week was marked by significant events that influenced global financial markets. The inauguration of President Donald Trump, who wasted no time addressing the world on various market-related issues, was among the highlights. Company earnings reports and the long-anticipated interest rate hike by the Bank of Japan also played a …

Alibaba Group Holding Limited has made multiple filings with the Hong Kong Stock Exchange, submitting Next Day Disclosure Returns for January 20, 22, 23, and 24, 2025. These filings pertain to share repurchases made on the New York Stock Exchange between January 13 and January 17, 2025, showcasing the company’s …

Oil prices experienced a slight increase on Friday but concluded the week with a decline, marking the end of four consecutive weeks of gains. This shift follows President Trump’s announcement of major initiatives to boost domestic production and his renewed demand for OPEC to reduce crude prices.Price Movements Brent crude …

The Gold Index, XAU/USD, peaked above $2,785 per ounce, and at the time of writing, the precious metal is trading at $2,772.31 per ounce. The recent unexpected rise in the US Consumer Price Index (CPI) has reignited concerns about inflation, prompting investors to seek safe-haven assets like gold. Furthermore, escalating …

The Dow Jones Industrial Average (DJIA) traded sideways on Friday, experiencing minor fluctuations within a narrow range. Despite this subdued end to the week, equities remain firmly on a bullish trajectory, with the index poised for its second consecutive week of gains.The release of US Purchasing Managers’ Index (PMI) data, …