USD/ZAR forecast: rand outlook as South African inflation jumps to 4%
The USD/ZAR exchange rate remained in a narrow range this month, even as the US Dollar Index (DXY) continued its strong rally. This consolidation may end soon as South Africa’s…
Business
Interview: Yellow’s Alexis Sirkia warns crypto’s biggest risk lies beyond regulation
As regulators move to bring crypto derivatives onshore and institutional participation accelerates, one of the industry’s biggest unresolved risks remains largely hidden in plain sight: market structure. While much of…
Futures slip as investors eye China’s latest AI push – what’s moving markets
Investing.com – US stock futures dropped on Monday as markets assessed the release of a Chinese firm’s new artificial intelligence model that may rival OpenAI’s ChatGPT, while the dollar rose…
European tech shares tumble as China’s AI push spooks investors
(Reuters) – European shares slid on Monday as the technology sector joined the retreat in other markets after China’s upgraded low-cost, low-power artificial intelligence (AI) model sparked worries about the…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is currently under way. BATTLES IN GENERALI AND MEDIOBANCA…