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Airplane maker Airbus has urged its suppliers to increase their stock in an effort to avoid output snags.
Toyota Motor Corporation has revealed that its quarterly profits had increased by 22% due to a decline of the value of the Japanese Yen against peer currencies.
Unilever has announced that the company would continue to increase its product prices into the second half of 2023.
Walt Disney Company has revealed to be amidst a restructuring, which would result in the firing of 7,000 employees in an effort to save $5.5 billion in costs.
Recently published data has revealed that the year on year consumer price index in January increased by 9.2%. Compared to December, prices had increased by 0.5%.
British American Tobacco has pledged to sell off its business in Belarus and Russia by the end of this year.
British American Tobacco has revealed that it expects a smaller increase in earnings in 2023 than previously expected. No share buybacks are planned, despite recent rumours of an upcoming buyback.
The owner of Michael Kors brand Capri has announced that it is cutting the company's earnings forecasts due to a decline in demand.
The CEO of Tesla Elon Musk is set to host the company's first ever investor day on March 1, during which plans for the company's future are scheduled to be revealed.
Uber has announced that due to the end of pandemic measures across the world, the company expects to increase its profits in 2023. The company recently reported excellent quarterly results.
Spirit Airlines have revealed that they wait for the US Department of Justice to decide on the company's merger with its competitor JetBlue Airways Corp.
The Japanese government has revealed that it would use milder restrictions than the US has set on exports of chip production machinery to China.
Major tech firms and Wall Street firms have been leading the major large company employee cuts, which have occurred during the first months of 2022. The layoffs have been mostly associated with the cancellation of future expansion.
The US tech company Microsoft has called for a coalition that would improve the processes in the little to no regulation cobalt mines in the Republic of Congo.
The Norwegian gas and oil giant Equinor has revealed that the company has gained record profit of $74.9 billion in 2022.
Maersk has announced that the company expects lower container shipping volumes in 2023 to reduce the company's profits.
The price for gold has remained near the 1,870.00 level. Meanwhile, previous low and high level zones are being ignored. However, round price levels appear to be still impacting the commodity price. Economic Calendar Analysis The top event of the week will take place on Tuesday at 13:30 GMT. The US Consumer Price Inflation data will be published at that time. The
The USD/JPY currency pair has found support in the 130.00 mark. However, it appears that all attempts to surge are being stopped in the 131.20/131.85 range. In this range all this week surge attempts have been reversed. Economic Calendar The top event of the week will take place on Tuesday at 13:30 GMT. The US Consumer Price Inflation data will be published
The recovery of the Pound against the US Dollar has encountered resistance in the 200-hour simple moving average, which strengthened the 1.2200 mark. On Friday, the currency pair had reached back to 1.2100. Economic Calendar The top event of the week will take place on Tuesday at 13:30 GMT. The US Consumer Price Inflation data will be published at that time. The
TotalEnergies has reported that the company has doubled its net profits in 2022 to a record of $36.2 billion.
The EUR/USD shortly pierced the resistance zone at 1.0762/1.0766 due to the publication of lower than forecast German Consumer Price Index. Namely, for some reason the lower than expected inflation was seen by the markets as positive for the Euro. However, the pair did not remain above the resistance zone for long. On Friday, the pair was back near 1.0700. Economic
The price for gold has remained near the 1,870.00 level. Meanwhile, previous low and high level zones are being ignored. However, round price levels appear to be still impacting the commodity price. A potential move higher is bound to encounter strong resistance in the 1,900.00 mark. Meanwhile, a decline is set to look for support in 1,850.00 and 1,800.00. Although, most moves
The USD/JPY currency pair has found support in the 130.00 mark. However, it appears that all attempts to surge are being stopped in the 131.20/131.85 range. In this range all this week surge attempts have been reversed. A surge of the US Dollar against the Yen would have to reach above the 131.20/131.85 range. Higher above, the 132.00 and 132.50
The recovery of the Pound against the US Dollar has encountered resistance in the 200-hour simple moving average, which strengthened the 1.2200 mark. On Friday, the currency pair had reached back to 1.2100. A resumption of the broader decline of the Pound against the US Dollar could look for support in round levels at 1.2050 and 1.2000, prior to approaching the