Month: February 2024

European Stocks At Record High

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🇪🇺 🇪🇺 European stocks hit record high, joining their Wall Street peers, as optimism around economic growth and a potential easing of monetary policy extended last year’s rally
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Nasdaq 100 Futures Jump 1.52%

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🚨 🚨 BREAKING: Nasdaq 100 futures surge 1.52% on Nvidia earnings beat
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Ambani To Launch AI Model In March

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🇮🇳 🇮🇳 A consortium backed by Mukesh Ambani’s Reliance Industries Ltd. and India’s top engineering schools aim to launch its first ChatGPT-style service next month, a big step in the country’s ambitions to become a player in the field of artificial intelligence
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UK: Disposable Income Rises To Two-Year High

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🇬🇧 🇬🇧 British families have more spare cash than at any time in nearly two years, a survey said Wednesday, after inflation in the UK fell sharply
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Global Funds Buy Thai Stocks

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🇹🇭 🇹🇭 Global funds bought Thai equities by the most in more than a year as investors ramped up bets for an interest rate cut amid weakness in the economy
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Locals Buy Brazilian Real

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🇧🇷 🇧🇷 The lowest volatility in a decade already has locals piling into bets on the Brazilian real. Foreigners should come next
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Google Delves Deeper Into Open Source

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🧠 🧠 Alphabet Inc.’s Google is introducing new open large language models that it’s calling Gemma, reversing its general strategy of keeping the company’s proprietary artificial intelligence technology out of public view
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Japan Downgrades Economic View

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🇯🇵 🇯🇵 Japan’s government downgraded its assessment of the economy for the first time in three months in its monthly report for February, citing signs of weakness in private consumption and production
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India Extends Tax On Parboiled Rice Exports

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🇮🇳 🇮🇳 India, the world’s top rice exporter, extended a 20% tax on outbound shipments of the parboiled variety to prevent any increase in domestic prices ahead of general elections
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Investors Buy Asian High-Yielders

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🇮🇩 🇮🇳 Investors Flock To Asia FX: Underpinning the appeal of the rupee, rupiah and other Asian currencies is that central banks in the region have largely kept interest rates unchanged, while their Latin American counterparts have been easing policy. The policy divergence has lured overseas funds into most Asian countries this year
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