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Credit Suisse head positive about future
Wed, 10 Jun 2020 08:57:19 GMT
 
Credit Suisse's CEO Thomas Gottstein expressed his positive view of business future on Wednesday, seeing improvements after the 2020 year's tough start. >>
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NZD/USD tests 100– hour SMA
Wed, 10 Jun 2020 08:19:58 GMT
 
The New Zealand Dollar declined by 57 pips or 0.87% against the US Dollar on Tuesday. The decline was stopped by the 100– hour simple moving average during yesterday's trading >>
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Arm's China JV replaces CEO
Wed, 10 Jun 2020 07:50:07 GMT
 
On Wednesday, SoftBank Group-backed chip technology company Arm Ltd stated that Allen Wu, the CEO of its Chiese joint venture, has resigned from his position and been replaced. >>
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USD/CAD could edge lower today
Wed, 10 Jun 2020 07:43:51 GMT
 
During the first half of Tuesday's trading session, the US Dollar surged by 119 pips or 0.89% against the Canadian Dollar. However, the currency pair lost the earlier gains at >>
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Fujifilm to spend $928M on Danish drug facility
Wed, 10 Jun 2020 07:31:10 GMT
 
Japan's Fujifilm Holdings is set to spend $928M to double capacity at the Danish drug manufacturing facility, as it plans to use it for producing COVID-19 treatments. >>
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AUD/USD target at 0.6884
Wed, 10 Jun 2020 06:42:57 GMT
 
The Australian Dollar declined by 110 pips or 1.56% against the US Dollar on Tuesday. The currency pair breached the 50– and 100– hour SMAs during Tuesday's trading session. >>
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Emirates plans more layoffs
Wed, 10 Jun 2020 06:38:22 GMT
 
One of the largest long-haul airlines in the world, Emirates, announced it was planning more pilots, cabin crew layoffs on Wednesday, in its second consecutive day of redundancies. >>
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EUR/JPY two scenarios likely
Wed, 10 Jun 2020 06:18:08 GMT
 
The 200– hour simple moving average at 121.41 provided support for the single European currency against the Japanese Yen on Tuesday. >>
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Airlines to loss $84B in 2020
Wed, 10 Jun 2020 04:49:29 GMT
 
According to the IATA forecast, airlines are heading towards $84B loss in 2020, as the COVID-19 crisis cut their income by half. >>
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LIGHT.CMD/USD 4H: Breakout could occur
Wed, 10 Jun 2020 04:36:42 GMT
 
The US light crude oil versus the US Dollar has been trading in an ascending channel pattern since May 1. The commodity has surged by 293% since the beginning of >>
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BRENT.CMD/USD 4H Chart: Two scenarios likely
Wed, 10 Jun 2020 04:34:37 GMT
 
During the past month, the Brent crude oil prices have been trading bullish. The commodity has surged by 124.06% since May 1. >>
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Germany to allocate $566.95M for EV charging
Wed, 10 Jun 2020 04:02:41 GMT
 
According to sources with knowledge of the matter, Germany's Economy Ministry plans to spend $566.95M to help investors to build charging terminals for electric vehicles. >>
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Varga says EU's stimulus plan unfair to Hungary
Wed, 10 Jun 2020 03:05:14 GMT
 
The EU's €750B economic rescue plan is unfair to Hungary, the Hungarian Finance Minister Mihaly Varga stated on Tuesday. >>
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Wholesale inventories revised down slightly for April
Wed, 10 Jun 2020 01:43:14 GMT
 
According to a report released by the US Commerce Department on Tuesday, wholesale inventories in the US increased by slightly less than expected in April. >>
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Segro to raise £650M to fund expansion
Tue, 09 Jun 2020 20:25:14 GMT
 
Warehousing specialist Segro is set to raise about £650M via private share placement to finance expansion across the UK and continental Europe. >>
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