Economy

Economy
Economy

Stellar price surges 14% as XLM rally gains steam on PayFi buzz

Stellar has climbed more than 14% over the past 24 hours, making XLM the best-performing asset among the top 100 cryptocurrencies by market capitalization as fresh ecosystem developments have drawn renewed buying interest. According to CoinGecko data, XLM traded near $0.22 on June 16 after surging from levels below $0.19 earlier in the week.  The

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Economy

DAX Index analysis as hedge funds place huge short bets against German automakers

The DAX Index jumped this week, reaching a high of €25,000, its highest point since June 2nd. This rebound happened as crude oil prices retreated after the US deal with Iran. Still, the index faces a major risk as hedge funds continue shorting German car companies. Hedge funds are shorting German automakers Top hedge funds

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Economy

Why is Alibaba ditching chatbots for robots and AI agents?

Alibaba is moving deeper into robots and AI agents, marking a sharp turn in the artificial intelligence race that was dominated only recently by chatbots. The Chinese e-commerce and cloud giant on Tuesday unveiled its first full suite of AI models built for robots, a move that signals where large technology companies now see the

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Economy

Silver price forecast: can XAG/USD rebound as Fed rate bets shift?

Silver prices edged lower on Tuesday as traders took profit after a sharp relief rally driven by the US-Iran peace framework and lower oil prices. XAG/USD traded near $69.85 in early European dealing, retreating from a weekly high as attention shifted from geopolitics to the Federal Reserve’s policy decision on Wednesday. The pullback was measured

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Economy

Here’s why the Kospi Index is surging today, and the next target to watch

The Kospi Index jumped sharply on Monday as Asian stocks welcomed the new deal between the United States and Iran. It rose to 8,570 KRW, its highest point since June 4, and much higher than this month’s low of 7,373 KRW.  South Korean stocks and bonds are jumping today The Kospi Index rose by over

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Economy

AI trade turns Asia hedge funds into year’s biggest winners with 136% gains

Asia’s hedge fund winners are showing how the artificial intelligence trade has moved beyond the obvious US chip names and into a wider regional supply chain, where local managers have turned early bets on memory, optics and China’s model makers into outsized gains. Several Asia-focused funds more than doubled investor money in the first five

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Economy

Gold rallies above $4,300 as falling oil revives Fed cut hopes

Gold’s latest rally is being driven less by panic and more by relief. Bullion advanced for a third session on Monday as investors reacted to a tentative US-Iran peace framework that could reopen the Strait of Hormuz, ease pressure on energy markets and soften the inflation shock that had recently weighed on the metal. Spot

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Economy

What is in the new US-Iran peace deal? Here’s what we know

Global stocks and cryptocurrencies are rallying today, with top Asian indices like the Nikkei 225, Kospi, and Topix jumping by over 5%, after the US and Iran confirmed that they had reached an agreement. The two sides, however, did not provide more details on the memorandum of understanding (MoU). This article looks at some of

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Economy

Silver price forecast: XAG/USD jumps 4% as oil slump revives bulls

Silver rallied sharply on Monday as investors moved back into precious metals after a tentative US-Iran peace framework eased fears of a prolonged energy shock. Spot silver rose 4% to about $70.80 an ounce in Asian trade, extending a rebound that had built as oil prices fell and the dollar weakened. The move came after

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Economy

What’s next for Bitcoin as US and Iran are set to sign peace deal?

Bitcoin has climbed back above $65,000 after a US-Iran peace agreement eased one of the biggest macro risks that had weighed on crypto markets for months. According to US President Donald Trump, negotiations with Iran have concluded and resulted in an agreement that includes the immediate removal of the US Navy blockade and the reopening

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