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Market News and Research

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VW board in talks over $82.5B spending plan
Fri, 17 Nov 2017 12:01:02 GMT
Volkswagen supervisory board is in talks over an $82.5B five-year spending plan, amid intentions to transform the company into the e-vehicle leader. >>
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European shares suffer amid disappointing earnings, downgrades on Friday
Fri, 17 Nov 2017 10:48:22 GMT
European shares are set towards their two-week low on Friday, as sluggish earnings updates and several broker downgrades weighted heavily on regional indexes. >>
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Toyota, Suzuki to offer EVs in India by 2020
Fri, 17 Nov 2017 10:46:51 GMT
Toyota Motor Corporation and Suzuki Motor Corporation planned to jointly introduce electric vehicles to the Indian market around 2020, both companies announced on Friday. >>
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EUR/NZD 4H Chart: In narrow channel
Fri, 17 Nov 2017 10:45:25 GMT
The common European currency exchange rate has jumped against the New Zealand Dollar in a very narrow ascending channel pattern. However, the surge is about to end. >>
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EUR/GBP 4H Chart: Meets dominant resistance
Fri, 17 Nov 2017 10:43:11 GMT
The EUR/GBP pair is up for another review. However, nothing has changed much on the charts. >>
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Bulgarian Parliament speaker quits on Friday
Fri, 17 Nov 2017 10:31:07 GMT
On Friday, the Bulgarian Parliament speaker Dimitar Glavchev resigned from his post, as he seeks to avoid political upheaval amid Bulgaria's plans to take over the rotating EU presidency in >>
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Ford plans investing over $885M in Valencia plant
Fri, 17 Nov 2017 10:24:25 GMT
The US carmaker Ford Motor is planning to invest more than $885M in its Spanish factory in Valencia, amid its new Kuga SUV model production. >>
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Germany to pledge €10M to help clear Syria's mines
Fri, 17 Nov 2017 09:34:49 GMT
Germany is ready to provide Syria with initial €10M to help the country remove mines from its Northern city of Raqqa, the Handelsblatt newspaper reported on Friday. >>
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GM's Cadillac sees China sales to surge 60% in 2017
Fri, 17 Nov 2017 09:11:42 GMT
General Motors' Cadillac forecasts its Chinese sales to jump 60% in 2017, faster it had anticipated at the year's start, on high demand raised by younger buyers. >>
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XAU/USD tends to bypass 1,284.00
Fri, 17 Nov 2017 08:51:38 GMT
A sudden demand for safe haven assets created an upside momentum that allowed the pair to break through combined resistance set up by various MAs and the monthly PP. >>
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USD/JPY plunhes to 112.40
Fri, 17 Nov 2017 08:49:36 GMT
The Labour Department revealed that the US consumer inflation eased to 0.1% from 0.5% in October, while its core figure appreciated to 0.2% in the same period. >>
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GBP/USD remains near 1.3240
Fri, 17 Nov 2017 08:43:28 GMT
The Sterling appreciated against the US Dollar on the weak retail sales figures for the UK on Thursday. >>
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EUR/USD continues to move horizontally
Fri, 17 Nov 2017 08:41:35 GMT
Previous trading session the currency rate expectedly spent in a limbo between the 38.2% and 50% Fibonacci retracement levels. >>
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Germany's coalition talks miss Merkel's deadline
Fri, 17 Nov 2017 08:34:14 GMT
The German coalition negotiations missed the Chancellor Angela Merkel's deadline on Thursday, as parties could not reach the agreement on the major issues such as finances and migration. >>
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Nissan holds news conference on improper inspection case
Fri, 17 Nov 2017 08:30:56 GMT
Nissan Motor started briefing at 0730GMT on Friday, as it aimed to provide some updates on the probe into improper inspection procedures that caused the recall of 1.2M cars in >>
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