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Apple likely to update Siri with AI tech
Apple is planning to enhance its iPhone virtual assistant Siri with artificial intelligence (AI) capabilities, The New York Times reported citing three people familiar with the company’s work. The sources reveal that the updated version of Siri is anticipated to be unveiled at its annual Worldwide Developers Conference (WWDC) on June 10. This upgraded Siri […]
Europe mixed at open as CPI prints loom
Major European stock exchanges opened the Monday session trading mixed as investors braced for a new batch of economic releases. Throughout the week, reports on consumer inflation from Europe’s largest economy, Germany, as well as the world’s leading economy, the United States, will be unveiled. The Euro Stoxx 50 was flat at the open. The […]
Precious metals rise, gold at highest since late April
The prices of precious metals continued to grow on Friday as gold climbed to its highest point since April 22. Gold has added 14.91% in the year to date, while silver jumped 20.58%. At 11:29 am CET, gold was up by 1.07% and sold for $2,371,14 per ounce. Silver increased by 1.28%, going for $28.70 […]
Europe closes higher after data, earnings
Major stock markets in Europe closed with gains on Tuesday following a batch of earning releases and economic data across the continent. Ferrari, BP, UniCredit and UBS fed the day with their figures from their correspondent quarters. Meanwhile, the German surplus and retail sales in the European Union rose in March, as did construction activity […]
US oil inventories reportedly up by 0.5M barrels
Crude oil inventories in the United States rose by 509,000 barrels in the week that ended May 3, private data from the American Petroleum Institute (API) allegedly showed on Tuesday. Meanwhile, reserves in Cushing, Oklahoma, allegedly grew by 1.33 million barrels. Gasoline stockpiles added 1.46 million barrels, while distillate inventories increased by 1.71 million barrels, […]
Silver jumps by 3%, gold by 1%
The prices of precious metals advanced on Monday after the United States reported a weaker-than-expected increase in nonfarm payrolls in April, apparently raising optimism with investors that the Federal Reserve could consider cutting its interest rates in the near future. Silver soared by 3.01% at 9:31 am ET to sell for $27.34 per ounce. At […]
Asia-Pacific higher after softer-than-expected US jobs data
Major Asia-Pacific stock markets traded higher Monday after a softer-than-expected US jobs report. While Japan and South Korea’s markets remained closed due to a public holiday, other regional indexes saw an uptick in activity, betting that the US Federal Reserve will try to cut interest rates this year. Elsewhere, S&P Global stated that Caixin China’s […]
Cryptos keep surging, Bitcoin reaches $64,000
The world’s largest cryptocurrencies, Bitcoin and Ethereum continued regaining ground on Saturday, with the first one passing the $64,000 mark. Cryptos appeared to be recovering from a bit of a down period in which the value of Bitcoin fell to $57,000 after April’s total nonfarm payroll employment in the United States showed a 175,000 increase […]
Europe opens higher with economic data, Xi Jinping in focus
European stock markets opened higher on Monday, buoyed by investor optimism following signals that the European Central Bank (ECB) could potentially cut interest rates as soon as June. The day will bring the latest batch of PMI data from the region, while the British and Irish indices will not trade due to a public holiday. […]
Asia trades higher after Wall Street surge
Asian stock markets traded higher on Friday after Wall Street ended its session with strong gains. The earnings season continued, with Apple’s revenue beating estimates despite a 4% annual drop. The markets in Japan and mainland China are closed today for public holidays. The Kospi Composite was up by just 0.08% at 4:08 am CET, the Hang Seng […]
