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The CEO of Ryanair Michael O'Leary has stated that the ongoing Boeing strike might decrease the number of new received aeroplanes in the next summer from 25 down to 20.
The price for gold has managed to break the 2,600.00 level's resistance. By late Monday's trading, the commodity price had reached the 2,635.00 level. In the meantime, it was spotted that the 2,620.00 level was providing support. Economic Calendar Analysis On Tuesday, the CB Consumer Confidence index might impact the markets via an adjustment of the US Dollar's value at 14:00 GMT.
The support of the 141.70/142.00 range was enough to eventually cause a surge that broke the 143.45/143.80 zone and reached the 144.50 level. The 144.50 has held and caused another decline of the pair, as the USD/JPY looks for support. Economic Calendar On Tuesday, the CB Consumer Confidence index might impact the markets via an adjustment of the US Dollar's value at
Despite the decline that was caused by the UK PMI release, the rate has found support in the 1.3250 level and the 100-hour simple moving average. The event was followed by a recovery of the rate and eventually the booking of a new high level near 1.3350. In the meantime, a channel up pattern has been spotted that has been
In August, new home prices in China have declined at the fastest pace in nine years. The data indicates that stimulus measures failed to create a recovery of the real estate sector.
Despite the publication of the European PMIs and sharp decline, the EUR/USD currency pair remains near the 1.1150 mark. In general, the rate still respects the resistance of 1.1200 and the support range near 1.1080. Economic Calendar Analysis On Tuesday, the CB Consumer Confidence index might impact the markets via an adjustment of the US Dollar's value at 14:00 GMT. On Thursday,
The price for gold has managed to break the 2,600.00 level's resistance. By late Monday's trading, the commodity price had reached the 2,635.00 level. In the meantime, it was spotted that the 2,620.00 level was providing support. The ongoing surge is set to face more resistance from the 2,650.00 level, as round levels have always impacted the metal during its
The support of the 141.70/142.00 range was enough to eventually cause a surge that broke the 143.45/143.80 zone and reached the 144.50 level. The 144.50 has held and caused another decline of the pair, as the USD/JPY looks for support. An extension of the short term decline could look for support in the 100-hour simple moving average and the 143.00
Despite the decline that was caused by the UK PMI release, the rate has found support in the 1.3250 level and the 100-hour simple moving average. The event was followed by a recovery of the rate and eventually the booking of a new high level near 1.3350. In the meantime, a channel up pattern has been spotted that has been
Despite the publication of the European PMIs and sharp decline, the EUR/USD currency pair remains near the 1.1150 mark. In general, the rate still respects the resistance of 1.1200 and the support range near 1.1080. A recovery of the Euro against the US Dollar might be slowed down by the weekly simple pivot point at 1.1140 and the 100-hour simple
During the morning hours of Monday, S&P Global published one by one the results of the Manufacturing and Services sector Purchasing Managers Indices for European Union countries. In general, the survey results are worse than the markets expected. The gradual data releases caused a 76 point or -0.68% decline of the Euro against the US Dollar. French Flash Manufacturing PMI
The Danish logistics giant DVS has revealed that it would buy the Deutsche Bahn's logistic subsidiary Schenker for a total of 14.3 billion Euro. The deal is set to make DVS the world's largest logistics firm.
After a two-year stop in production, Ford has revealed plans to restart production in India, Tamil Nadu. However, the firm is not revealing when the factory would start work or what it would produce.
The retail shop firm Seven & I Holdings has been classified by the Japanese government as core to the country's national security. The firm previously received a $38.5 billion buyout offer from a Canadian firm. The offer was rejected.
The government of Taiwan has commented that it expects to receive the new F-16V jets from Lockheed Martin by the end of 2024.
The German lender Deutsche Bank has increased the bank's expectations for the S&P 500 index. Bank's analysts expect the index to end the year at 5,750.00 instead of previously forecast 5,500.00.
The retail giant Amazon has announced that it would increase pay-outs in the Delivery Service Partners programme by a total of $2.1 billion. Namely, Amazon intends to pay more to its partner delivery firms that employ the brand's drivers.
The grocery firm, Kroger, has reduced its lower end annual sales forecasts. The firm has increased the minimum expected income due to a successful low price campaign.
Once again, McDonalds has extended the $5 promotion of its value meal deal. The offer has been extended into December in most US restaurants.
Reports have been coming in that Siemens will build a new high speed train production factory in upstate New York. The products of the firm will be used to construct high speed train infrastructure between LA and Las Vegas.
As demand for electric vehicles has continued to decline and competition from China has increased, auto producers have reduced their plans for electrification. The market firm Rho Motion has revealed that EV and hybrid sales in 2024 have grown below expectations.
Deloitte has published a report that indicates that holiday season sales in the United States are set to increase at the slowest pace since 2018.
The Bank of Japan has kept its Policy Rate at 0.25%. Meanwhile, the central bankers have published their Monetary Policy Statement. In general, the bank has revealed that it has observed a moderate increase in consumption. The increasing consumption might eventually cause rising prices, which would then devalue the Yen. In this case scenario, the central bank would have to
The Japanese monetary policymakers have kept the base interest rate for the Yen unchanged at 0.25%. However, the bank's statement has revealed that consumption in the country has been rising, which indicates that the bank might raise rates in the future.