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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

OpenAI CEO Sam Altman announces GPT-4.5 rollout, expanding GPUs significantly for the powerful new model.

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Categories: Live Updates

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

WTI crude trades at $69.90 amid economic concerns, US tariffs, OPEC+ decisions, Venezuela sanctions, and inflation data.

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Categories: Live Updates

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

The Japanese Yen gained as BoJ’s Uchida signaled rate hikes, despite softer CPI data and weak output.

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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

Harker suggests rates will likely stay on hold but doesn’t rule out movement, leaning toward future cuts.

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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

Indian Rupee weakens amid USD demand, foreign outflows, and macroeconomic factors ahead of India’s GDP release.

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Categories: Live Updates

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

Major stock indices declined, with NASDAQ down 2.78%. Nvidia dropped 8.48%, while Tesla neared its 200-day average.

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Categories: Live Updates

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

North Korea tests strategic cruise missile, while US dollar gains amid tariff discussions, showing evolving market reactions.

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Categories: Live Updates

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

AUD declines for six days amid US tariffs; weak Australian data, RBA rate cut, and trade concerns persist.

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Categories: Live Updates

Markets reacted negatively after Trump announced a new 10% tariff on China, impacting trading.

Written on February 28, 2025 at 2:02 am, by

Trump announced new China tariffs, jobless claims rose, durable goods beat estimates, markets fell, gold dropped $44.

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Categories: Live Updates

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

PBOC sets USD/CNY at 7.1738, below forecasts. It manages stability using monetary tools under government influence.

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Categories: Live Updates

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