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Ford warns about EVs

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Ford Motor Company has announced that it expects lower profits due to a decline in demand for electric vehicles.
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27 Oct 2023

Dollar reacts to Core PCE inflation

At 12:30 GMT the US Core Personal Consumption Expenditures Index revealed that month on month the inflation that affects the consumers had increased by 0.3%. The high reading was expected, due to which the US Dollar reacted with a slight decline from 106.65 down to the 106.35 mark.

30 Oct 2023

Chinese industrial profits increase

Due to support from the government Chinese industrial profits have reported to have continued to increase in September.

30 Oct 2023

Inflation rises in Japan

The Tokyo October Core CPI has increased to 2.7% instead of the market expected 2.5%. The new data pressures the Bank of Japan into ending its ultra-easy monetary policy.