Today’s focus is on the US CPI data, which experts believe will be better than expected. The forecasted US CPI m/m is 0.3%, and y/y is 3.1%, a positive sign for the market as the Fed’s inflation target is 2%. Even a strong inflation reading may lead to one more interest rate hike, keeping traders […]
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After posting net losses earlier this month, Nissan CEO Makoto Uchida said the “extremely tough situation” will force some bold restructuring moves. In addition to downgrades to its full-year sales and operating outlooks, it set Read more…
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