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NZD/CAD 1H Chart: Kiwi tests medium-term pattern
Fri, 17 Nov 2017 07:18:02 GMT
The pattern that has dominated the NZD/CAD currency pair for the last three months is a descending triangle. >>
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AUD/CHF 1H Chart: Stranded in two channels
Fri, 17 Nov 2017 07:16:46 GMT
The Australian Dollar has been trading in two channel against the Swiss Franc. >>
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Erdogan wants Akkuyu nuclear plant foundations done this month
Fri, 17 Nov 2017 06:17:47 GMT
Turkish newspapers reported the country's President Tayyip Erdogan wanted Akkuyu nuclear plant foundations to be laid by the end of November. >>
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Daimler to invest $755M in China factory capacity
Fri, 17 Nov 2017 06:16:51 GMT
One of Daimler's executives revealed the company was ready to invest around $755M in its Chinese plant to produce electric cars and car batteries. >>
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GBP/USD: UK Retail Sales
Fri, 17 Nov 2017 06:15:18 GMT
The Sterling appreciated against the US Dollar on the weak retail sales figures for the UK on Thursday. >>
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Tesla presents prototype electric big-rig truck
Fri, 17 Nov 2017 05:24:09 GMT
Late on Thursday, Tesla presented a prototype electric big-rig truck due to be delivered in 2019, as the company seeks to explore a new market. >>
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German coalition talks to stretch into weekend
Fri, 17 Nov 2017 05:23:28 GMT
Angela Merkel's initiated talks to form a three-way ruling coalition may stretch into the weekend as the parties failed to reach an agreement before the deadline. >>
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Canada agree on Maxican proposal to five-year NAFTA review
Fri, 17 Nov 2017 04:34:24 GMT
Canada said that it was open to a Mexico's proposal to review the NAFTA each five years in place of terminating the agreement automatically in case it is not recognised. >>
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Toyota to review selling locally made EVs in China
Fri, 17 Nov 2017 04:33:47 GMT
Toyota Motor stated that it is likely to examine selling locally developed and manufactured electric car models in China in a bid to extend EV lineup. >>
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Toshiba not in talks over sale of its PC unit
Fri, 17 Nov 2017 03:25:05 GMT
Toshiba said that it was not entering into negotiations with any firm over selling its personal computer business, denying rumours on its sale to Taiwan's Asustek Computer. >>
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Nissan's Infinity to begin production in China in 2018
Fri, 17 Nov 2017 03:24:21 GMT
Nissan Motor's premium brand Infinity is set to start producing a new sport-utility vehicle in China next year, using current manufacturing capacity in the city of Dalian. >>
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Siemens to cut 6.9K positions across company
Thu, 16 Nov 2017 21:03:25 GMT
Sources close to the matter reported on Thursday that Siemens would cut about 6.9K jobs, or 2% of its global workforce, amid rapid renewable energy growth. >>
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Falling unemployment to lead to Fed rate hikes
Thu, 16 Nov 2017 21:02:26 GMT
The Dallas Federal Reserve President Robert Kaplan reported on Thursday that falling unemployment might lead to further rate hikes. >>
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NAHB Housing Market Index jumps to 70
Thu, 16 Nov 2017 20:22:49 GMT
The National Association of Home Builders reported that its Housing Market Index rose to 70 in November, following October's 68 and surpassing analysts' expectations for a decline to 67. >>
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Fed Capacity Utilisation Rate hits 77% last month
Thu, 16 Nov 2017 20:04:43 GMT
The Federal Reserve reported on Thursday that its Capacity Utilisation Rate came in at 77% in October, up from the prior month's 76.4%, while analysts anticipated a slight decrease to >>
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