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Monthly Archives: February 2025
Sam Altman announced the addition of tens of thousands of GPUs for the upcoming ChatGPT launch.
Written on February 28, 2025 at 4:32 am, by anakin
OpenAI CEO Sam Altman announces GPT-4.5 rollout, expanding GPUs significantly for the powerful new model.
Concerns over global economic growth and fuel demand keep WTI crude oil around $70.00.
Written on February 28, 2025 at 4:07 am, by anakin
WTI crude trades at $69.90 amid economic concerns, US tariffs, OPEC+ decisions, Venezuela sanctions, and inflation data.
Fresh interest in the Japanese Yen follows BoJ Deputy Governor’s hawkish inflation comments amid weaker CPI.
Written on February 28, 2025 at 3:37 am, by anakin
The Japanese Yen gained as BoJ’s Uchida signaled rate hikes, despite softer CPI data and weak output.
President Harker of the Federal Reserve suggests potential rate adjustments, indicating both options remain viable.
Written on February 28, 2025 at 3:32 am, by anakin
Harker suggests rates will likely stay on hold but doesn’t rule out movement, leaning toward future cuts.
Ahead of India’s GDP release, the INR experiences slight losses as USD demand rises.
Written on February 28, 2025 at 3:08 am, by anakin
Indian Rupee weakens amid USD demand, foreign outflows, and macroeconomic factors ahead of India’s GDP release.
The NASDAQ faced its largest drop this year, while major indices experienced substantial declines overall.
Written on February 28, 2025 at 3:02 am, by anakin
Major stock indices declined, with NASDAQ down 2.78%. Nvidia dropped 8.48%, while Tesla neared its 200-day average.
A strategic cruise missile was launched by North Korea to assess its nuclear deterrence capabilities.
Written on February 28, 2025 at 2:32 am, by anakin
North Korea tests strategic cruise missile, while US dollar gains amid tariff discussions, showing evolving market reactions.
The Australian Dollar experiences its sixth day of decline amid concerns over Trump’s tariff threats.
Written on February 28, 2025 at 2:07 am, by anakin
AUD declines for six days amid US tariffs; weak Australian data, RBA rate cut, and trade concerns persist.
Markets reacted negatively after Trump announced a new 10% tariff on China, impacting trading.
Written on February 28, 2025 at 2:02 am, by anakin
Trump announced new China tariffs, jobless claims rose, durable goods beat estimates, markets fell, gold dropped $44.
The central rate for USD/CNY was established by the PBOC at 7.1738, lower than previously.
Written on February 28, 2025 at 1:37 am, by anakin
PBOC sets USD/CNY at 7.1738, below forecasts. It manages stability using monetary tools under government influence.
