Economy

Australia: S&P/ASX 200 (.AXJO) poised to drop to start the week

Australia: S&P/ASX 200 (.AXJO) poised to drop to start the week Australian shares are poised to drop to start the week, weighed by a sell-off on Wall Street and among base metals. ASX futures were 28 basis points lower. The Australian dollar was buying US70.57¢. In addition to Wall Street’s slide into the weekend, base metals were hit in London trade with […]

Euro: USD/EUR (EUR=X) Breakdown Set to Continue

Euro: USD/EUR (EUR=X) Breakdown Set to Continue

Euro: /EUR (EUR=X) Breakdown Set to Continue EUR/ Technical Highlights: Breach of support last week keeps focus lower Firm recapture of support needed to negate bearish bias Trend-line from Dec ’16 and August low could be targeted next week For the intermediate-term fundamental and technical outlook, check out the The euro broke big support just above 11500 on Wednesday, then […]

The Big Q: Can Anyone on Tesla’s (NASDAQ:TSLA) Board Tame Elon Musk?

The Big Q: Can Anyone on Tesla’s (NASDAQ:TSLA) Board Tame Elon Musk?

The Big Q: Can Anyone on ’s (NASDAQ:TSLA) Board Tame Elon Musk? $TSLA ’s (NASDAQ:TSLA) board has been quiet since its deposed COB, Elon Musk went on another Twitter tirade, this time Vs the SEC, raises new Questions about who has what it takes to oversee this very unpredictable man who sits in the Corner C-Suite, sleeps on the Factory floor, head […]

Ferrari (NYSE:RACE), PMI (NYSE:PM) Launch ‘Mission Winnow’

Ferrari (NYSE:RACE), PMI (NYSE:PM) Launch ‘Mission Winnow’

Ferrari (NYSE:RACE), PMI (NYSE:PM) Launch ‘Mission Winnow’ $RACE, $PM Philip Morris International Inc. (PMI) (NYSE:PM) and Scuderia Ferrari today advanced their 45-year partnership with the unveiling of Mission Winnow, a new global initiative to create engagement around the role of science, technology and innovation as a powerful force for good in any industry. This global initiative took to the track […]

F1: Ferrari’s (NYSE:RACE) Vettel Makes a Mistake, Hamilton Wins at Suzuka

F1: Ferrari’s (NYSE:RACE) Vettel Makes a Mistake, Hamilton Wins at Suzuka $RACE Lewis Hamilton now closer to the F1 world championship after his victory in Japan as Sebastian Vettel finished 6th following a shunt with Red Bull’s Max Verstappen. This is Mr. Hamilton’s 4th win running, and his 6th in 7 races Max Verstappen completed the podium as Ferrari’s Sebastian Vettel […]