Yen and Swiss franc jump, dollar drops as DeepSeek concerns drain risk appetite
The Japanese yen and the Swiss franc gained against major currencies on Monday amid a selloff in technology stocks as markets ...
Fed likely to hold rates, US economy 'a bit hot', says economist
The probability of the Federal Reserve keeping interest rates unchanged in January is around 97%, according to the CME ...
Yen, Swiss franc rise, dollar drops as DeepSeek fuels risk concerns
The benchmark S&P 500 was down 1.6 per cent to 6,003.04, dragged down by technology stocks. AI chipmaker Nvidia was down ...
Tech tailspin on China's AI drive hits Wall Street
DeepSeek, which overtook rival ChatGPT to become the top-rated free application on Apple's App Store in the U.S., says it ...
Yen and Swiss franc jump as investors rush to safe-haven assets
The yen and Swiss franc jumped against major currencies on Monday in a rush for safe-haven assets as tech stocks plunged, ...
US Yields Fall to Lowest This Year as Tech Slump Fuels Haven Bid
US Treasuries rallied on Monday as investors flocked to safe assets after technology firms drove a slump in equity ...
The shadow of Trump looms over a cautious Fed
The Federal Reserve will gather this week for its first meeting of 2025 under the looming shadow of a new US president who is ...
SA financial markets: US inflation drop and Trump's demands shape trading week
Global markets show positive momentum following lower-than-expected US core inflation, while South African markets respond to ...