GBP/USD plummets to 1.2960 area, lowest since
GBP/USD plummets to 1.2960 area, lowest since AUD: Flash Manufacturing PMI, it measures level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. AUD: Flash Services PMI, it measures level of a diffusion index based on surveyed purchasing managers in the services industry. GBP: GfK Consumer Confidence, it measures level of […]
Gold is expected to fall for the first time in three weeks as rates and the currency rise
Gold is expected to fall for the first time in three weeks as rates and the currency rise Gold prices remained flat on Friday, weighed down by the dollar’s resilience and the increase of US Treasury yields, putting bullion on track for its first weekly loss in three weeks. As of 0501 GMT, spot gold […]
AB Volvo profits soar, while supply chain woes wreak havoc on truck orders
AB Volvo profits soar, while supply chain woes wreak havoc on truck orders AB Volvo, a Swedish truck manufacturer, announced an unexpected increase in first-quarter core earnings on Friday, despite a stressed supply chain that limited its ability to fulfil order books. Daimler Truck and Traton’s rival said it expects component supplies to remain unpredictable, […]