Fed's Evans anticipated three US rate increases this year

Source: Dukascopy Bank SA
The US Chicago Fed President Charles Evans announced expectations for three interest-rate hikes in 2019, assuming that the US economy remained reasonably strong.
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Wed, 09 Jan 2019 18:50:56 GMT

Ford, VW to unveil deeper cooperation at Detroit auto show

Ford and Volkswagen are expected to announce a deeper cooperation over the auto show in Detroit, which goes beyond partnering in the commercial vehicles area, sources familiar with the matter said.

Wed, 09 Jan 2019 18:18:14 GMT

Lennar sales below estimates amid weak housing demand

Lennar reported weaker-than-expected home sales in the quarter and orders, confirming fears that the US property market was slowing in the face of higher rates and increasing prices, following years of strong growth.

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