GBP/USD Technical Outlook: Short-term Range Intact
GBP/USD’s short-term range prospects haven’t changed as we enter the final countdown to key central banks’ interest rate decisions. What are the signposts to watch?
Swiss Franc Jumps but Faces Hurdles Ahead. Where to for EUR/CHF and USD/CHF?
The Swiss Franc rallied against the Euro and US Dollar overnight but faces different set-ups in the currency pairs. If a breakout takes hold will EUR/CHF and USD/CHF move together?
Chinese EV Giant BYD Set for Surge in 2022 Profit as Sales Jump
Jan 30 Reuters China39;s BYD Co , the world39;s biggest seller of battery electric vehicles BEVs and plugin hybrids, expects its 2022 net profit to be more than five times the amount it booked a year earlier, it said on Monday. With sales of 1.86 million cars, it expects a net profit of 1617 billion […]
Dutch Telecom KPN Seeks Energy Savings as it Locks in 2023 Goals
Jan 31 Reuters KPN will keep a close eye on energy usage this year partly by modernising its network, its finance chief said, as the Dutch telecoms company seeks to maintain profitability in the face of tough cost pressures. Finance chief Chris Figee, said on Tuesday KPN39;s energy bill was expected to rise by 5055 million […]
Chinas EV Giant BYD in Talks to Acquire Insurer Yian
SHANGHAI, Jan 31 Reuters Chinese electric vehicle EV giant BYD said on Tuesday it is working on a potential acquisition of Yi39;an PC Insurance Co, an insurer that was seized by Chinese regulators two years ago as part of a crackdown on financial conglomerates. Chinese business publication Caixin reported earlier this month, citing unnamed sources, […]
Natural Gas Price Downtrend Slows, 4-Hour Chart Reveals Reversal Warnings
Natural gas prices marked time on Tuesday, but the 4-hour chart is showing increasing signs that prices may be readying to turn higher. What are key levels to watch?