China
OpenAI's CEO Sam Altman called it an "impressive model"
Nvidia's value erased about $593 billion in stock market value
DeepSeek questions the need for data center investments, suggesting fewer centers may lower energy demand
China's net gold imports through Hong Kong fell 84 percent in December, dropping to their lowest since April 2022
DeepSeek used DeepSeek-V3-Base as the base model and employed GRPO as the RL framework to improve model performance in reasoning
Oil markets faced pressure from weak PMI data from China, indicating ongoing struggles in business activity
The U.S. dollar index gained 0.28 percent to 107.74, making bullion less attractive for other currency holders
Explore how regional macroeconomic indicators affect currency pairs involving GCC currencies like the AED and SAR
The dollar lost over 1 percent this week, recording its worst weekly fall in two months
Oil prices fall 0.6 percent to $77.82 as Trump pushes for lower crude prices, higher U.S. production
West Texas Intermediate crude futures dropped 0.6 percent to $74.21 per barrel
U.S. and EU trade restrictions on Chinese EVs may slow CASE adoption in these markets
