US business confidence declines

Source: Dukascopy Bank SA
The US small business confidence index for August has revealed that US small business owners have reversed their prior return of optimism and are back to a broad pessimistic outlook.
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Wed, 11 Sep 2024 12:43:47 GMT

US CPI causes Dollar surge

The United States Bureau of Labor Statistics has published the US monthly inflation data, the Consumer Price Index. In general, the inflation data met market expectations. Markets are reacting to the news by buying the US Dollar in favour of other assets.

Fri, 13 Sep 2024 18:30:03 GMT

BYD increases sales target

Reuters has spotted a brokerage report that indicates that the Chinese electric vehicle maker BYD has revised its 2024 sales target upwards by 11.0%, as the firm intends to sell 4 million cars.

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