The Post-ECB Turnaround of GER30 Brings it to Critical Technical Hurdles
The German index has staged a solid recovery after the ECB’s rate pause, testing critical resistances, amidst prospects of further economic pain
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The German index has staged a solid recovery after the ECB’s rate pause, testing critical resistances, amidst prospects of further economic pain
The Italian sports car maker reported another blockbuster quarter during which shipments of hybrid cars surpassed those of petrol engine models for the first time, as it moves towards the 2025 launch of purely electric vehicle
Ryanair saw profits up 59% y/y in H1 FY224 as higher fares offset increased fueled costs and expects record full year profit, while announcing ordinary dividend
The UK index extended it gains on Thursday as the Bank of England held rates for second straight meeting, but eases today after hitting key technical levels
Less than a month after the Bank of England had paused its tightening cycle, emboldened by progress on price pressures, today’s data showed that inflation is sticky, keeping further tightening in play
The DAX is benefitting from the pullback in yields, as a risk-on sentiment tries to take hold. To this end, FXCM’s GER30 is showing signs of positivity.
Take a look at some major corporations that will be in the spotlight over the coming months, as the fourth quarter gets underway against diminishing AI frenzy and uncertain monetary outlook
Take a look at some major corporations that will be in the spotlight over the coming months, as the fourth quarter gets underway against diminishing AI frenzy and uncertain monetary outlook
The European Central Bank hiked rates for tenth straight time on Thursday, but the language was dovish indicating the that the terminal rates may have been reached, helping the German index
The European Union plans to initiate an inquiry into the subsidies that China offers its electric vehicle manufacturers.
On Sunday, at the IAAA Mobility auto show in Munich, Mercedes-Benz introduced a new electric-sedan concept vehicle. Branded as CLA Class, the concept vehicle has a range of more than 466 miles, based on global industry standards. This is competitive and is superior to Tesla’s Model 3 long range version, which has a range of 391 miles on the same measure.
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