News

Note: This section contains information in English only.
Mon, 25 Apr 2022 06:30:07 GMT

Renault sales fall

On Friday, Renault revealed that in the first quarter of 2022 the company had experienced a decline in sales due to the Russian invasion of Ukraine.

Fri, 22 Apr 2022 14:30:08 GMT

IMF chief comments on China

The head of the International Monetary Fund Kristalina Georgieva announced this week that a continuation in the slowdown of the Chinese economy might spill over into the global economy.

Fri, 22 Apr 2022 12:30:06 GMT

Tourism is expected to recover

This week, Reuters published a report, which stated that the global tourism is expected to recover from the pandemic by the start of 2023.

Fri, 22 Apr 2022 10:30:07 GMT

Japan upgrades economic outlook

The Japanese government revealed this week that the country's economy appears to be recovering, as the COVID-19 measures have been lifted.

Fri, 22 Apr 2022 09:00:06 GMT

Industrial output declines in Shanghai

For the first time in two years industrial manufacturing in Shanghai has declined, as coronavirus lockdowns had halted production.

Fri, 22 Apr 2022 08:30:06 GMT

US jobless claims decline

This week, the US jobless claims declined, as the unemployment claim number hit the smallest number in 52 years. The data indicates that there is a shortage of labour in the United States.

Fri, 22 Apr 2022 07:25:25 GMT

GBP plummets due to retail sales

At 06:00 GMT, the UK statisticians revealed that the monthly retail sales had declined in the UK by 1.4% instead of the expected 0.3%. Namely, there is a lot less demand for the GBP in the local economy.

Fri, 22 Apr 2022 06:30:06 GMT

Euro recovers due to ECB comments

On Thursday, the Euro started a recovery against peer currencies, as ECB policymakers made comments that they are considering base rate hikes.

Thu, 21 Apr 2022 14:30:16 GMT

TSMC issue bonds to fund new plant

The Taiwanese Semiconductor Manufacturing company revealed in its filings that it had raised $3.5 billion through bond sales for the building of a new production plant in the United States.

Thu, 21 Apr 2022 12:30:04 GMT

European car sales extend decline

European car maker association recently revealed that European car sales had continued to decline in March, extending the descent to nine months.

Thu, 21 Apr 2022 10:30:06 GMT

Credit Suisse warns about losses

This week, Credit Suisse revealed that the company would suffer a loss in the first quarter of 2022. The announcement caused a sell off of the company's stock.

Thu, 21 Apr 2022 09:32:32 GMT

Tesla beats earnings forecast

After Wednesday's US trading hours, Tesla reported the company's quarterly earnings results. During the pre-market hours, the stock price surged by nearly 7.00% in the futures market, which signals that Tesla might start the day's trading with a gap up.

Thu, 21 Apr 2022 08:30:07 GMT

Danone shares surge

As the French food company Danone published better than forecast quarterly earnings, the stock price of the firm started a surge.

Thu, 21 Apr 2022 06:30:08 GMT

Heineken increases sales

Quarterly results of Heineken have revealed that the company had increased its beer sales by 5.2%, which allows it to stick to its 2022 forecasts.

Wed, 20 Apr 2022 14:30:04 GMT

Lockheed Martin profits decline

This week, Lockheed Martin revealed that the company's quarterly profits had declined by 5.7%, as supply chain issues had made an impact.

Wed, 20 Apr 2022 13:19:28 GMT

Canadian CPI causes volatility

At 12:30 GMT on Wednesday, the Canadian Consumer Price Index data revealed that monthly inflation in Canada had increased by 1.4%, compared to the market forecast of 0.9%. The USD/CAD reacted to the news with an immediate drop of 19 base points or 0.15%.

Wed, 20 Apr 2022 12:35:06 GMT

Hasbro raises profit forecast

On Tuesday, Hasbro announced that the company would increase its full 2022 profit forecast, despite a $100 million hit caused by the Russian invasion of Ukraine.

Wed, 20 Apr 2022 12:30:07 GMT

Electric vehicle sales remain high

This week, Reuters published a report, which revealed that electric vehicle sales have continued to grow despite an increase of prices.

Wed, 20 Apr 2022 10:30:05 GMT

Minister comments on Japanese economy

This week, the Finance Minister of Japan Shunichi Suzuki stated that the weakening Yen would boost inflation through imports.

Wed, 20 Apr 2022 08:30:07 GMT

Prada CEO comments on results

The CEO of Prada Patrizio Bertelli stated on Tuesday that the company has experienced good results in 2022, despite lockdowns in China and a stop of operations in Russia.

Wed, 20 Apr 2022 06:30:08 GMT

J&J suspends forecast

This week, Johnson & Johnson announced that the company would suspend its sales expectations for the COVID-19 vaccine and decrease its profit outlook.

Tue, 19 Apr 2022 14:30:06 GMT

Oil trades flat on Tuesday

During Tuesday's trading hours, the price for oil remained flat, as output outages in Libya were offset by an expected reopening of factories in Shanghai.

Tue, 19 Apr 2022 12:09:54 GMT

USD/JPY approaches 128.50

During the middle of Tuesday's GMT trading hours, the Japanese Yen extended its decline, as the currency exchange rate was approaching the 128.50 mark.

Tue, 19 Apr 2022 08:18:38 GMT

European stock indices drop

On Tuesday, European stock indices declined, as the Russian invasion of Ukraine and incoming Fed tightening were blamed for a global economic slowdown.

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