Auto giant Ford could restart production of cars in India less than six months after saying it would cease all vehicle manufacturing there. It’s a spectacular twist — but hardly surprising in today’s hypercompetitive automotive Read more…
Daily Pivots: (S1) 1.1269; (P) 1.1319; (R1) 1.1358; More… EUR/USD recovered ahead of 1.1265 minor support. Intraday bias remains neutral and further rise is still mildly in favor. On the upside break of 1.1482 will Read more…
Overall market sentiment improved a lot after Russia said it pulled back some troops near the border of Ukraine. As worries of imminent war eased, Gold and oil price dip notably, while stocks rebound. Euro Read more…
US PPI for final demand rose 1.0% mom in January, above expectation of 0.6% mom. PPI for final demand services rose 0.7% mom. PPI for final demand goods rose 1.3% mom. For the 12-month period, Read more…
Solid gains from Burger King, as well as a big increase in online sales, helped offset weakness at Popeye’s and deliver stronger-than-expected fourth quarter earnings for Restaurant Brands International. Restaurant Brands International (QSR) – Get Read more…
Risk appetite is much improved on Tuesday following reports that Russia is pulling back some troops, a significant de-escalation that makes the prospect of an invasion this week much less likely. The Kremlin maintains that Read more…
Some investors want to ditch crypto over tax confusion Changpeng Zhao got right to the point. The Binance CEO reacted quickly to last week’s announcement by the U.S. Justice Department that a New York couple had Read more…
Spotify views podcasts as its road to profitability. Is Rogan standing in the way of that? Spotify (SPOT) – Get Spotify Technology SA Report Chief Executive Daniel Ek recently affirmed that the streaming-music and podcast service Read more…
U.S. equity futures surged higher Tuesday, while oil prices tumbled and the dollar eased, as investors reacted to reports that Russia has pulled some of its troops from the Ukraine border amid what appears to Read more…
Conflicting Ukraine headlines send stocks on a rollercoaster Gold and oil push higher amid hedging demand, but cool off Dollar takes a step back ahead of US producer price data Lost in translation Geopolitics remain Read more…