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Tesla may announce large workforce layoffs this week

Tesla may announce large workforce layoffs this week

Shares of Tesla will be in focus later after Electrek reported that Tesla could announce large layoffs this week.The company announced that it will shorten its Cybertruck production shift in a sign that the new model is turning into something of a disaster. Earlier...

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ECB’s Simkus: Rate cut is also possible in July

ECB’s Simkus: Rate cut is also possible in July

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Market Outlook for the Week of 15-19 April

Market Outlook for the Week of 15-19 April

The week kicks off on Monday with the U.S. reporting on core retail sales m/m, retail sales m/m, and the Empire State Manufacturing Index. On Tuesday, attention shifts to the U.K.'s labor market data, followed by Canada's release of inflation figures. Additionally,...

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Chinese stocks start the week strong

Chinese stocks start the week strong

The Shanghai Composite jumped to start the week, finishing the day up 1.3%.State wealth fund Central Huijin increased stakes in China's Big Four banks last Friday and the government renewed some policies today designed to support capital markets.Technically, the index...

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European equities climb at the open

European equities climb at the open

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Swiss March price prices +0.1% vs +0.1% prior

Swiss March price prices +0.1% vs +0.1% prior

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Aluminum jumps by the most since 1987

Aluminum jumps by the most since 1987

Aluminum jumped as much as 9.4%, the most since the current form of the contract was launched in 1987 at the LME, while nickel rose as much as 8.8%.The jumps come after The London Metal Exchange on Saturday banned Russian metals from its system to comply with new...

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USD/JPY stretches to fresh 34–year high

USD/JPY stretches to fresh 34–year high

The geopolitical bid in the yen has largely reversed.The pair is at a fresh 34-year high, up a half-cent on the day as the market senses a peaceful resolution in the Iran-Israel skirmish. The signal from FX is consistent with equity (futures +0.4% in the US) and bonds...

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