NEW LAUNCHES IN AUTOMOBILE SECTOR

 Several new models of automobiles are soon going to launch in Indian market involving, a purely electrically powered sports car from Porche, a new generation Ford Figo and Triumph Tiger 800 XCa. Taycan, the first electric sports car from Porche has grown a high demand amoung consumers as 20,000 people already showed a major interest…

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DOLLAR SHOWED TEMPORARY GROWTH DUE TO WEAKNESS IN FOREIGN CURRENCIES

On Friday, Dollar has managed to recover due to weakness in foreign currencies rather than recovering from its actual strength. Brexit held back the British pound although it was Euro and Canadian dollar who managed to rise over the past couple of days. Despite this week’s U.S data, the dollar index reached to new high…

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DONALD TRUMP DECIDED TO END TRADE AGREEMENT WITH INDIA

U.S. President Donald Trump decided to set a new front in the trade war by ending preferential trade agreement with India that allows duty free entry of $5.6 billion worth of country’s exports in United States. Although, United States trade deficits has repeatedly called out India for high tariffs. According to Trump, India has not…

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U.S DOLLAR SHOWED VARIATIONS DUE TO U.S-CHINA TRADE DEAL

Traders on Tuesday expects that China and United States are moving closer to the trade deal when the Dollar rose against some major currencies that could end sparring between both the nations. The gap between United States and Germany has widened by 17 basis points reaching to 257 in 2019. The United States and China…

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Current economy status

Now when the United States and China are close to strike their tariff deal to end their trade war, the Dollar elevated on Monday. It is expected that United States would lift most or all of its tariffs on China. A summit between presidents of both countries is expected to happen this month. Trump has…

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GAP WILL SPLIT INTO TWO COMPANIES

Gap inc. gave a news on Thursday which helped it surged shares to more than 20 percent that it is going to split into two independent publicly traded companies. One of them comprised of its Old Navy brand and the second company includes its other brands like Banana Republic and Athleta.Gap said that its new…

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DOES TESLA NEED MUSK?

Elon Musk, CEO of Tesla, who is popular to remain in the limelight for his malapropos also enjoys a cult following among many of Tesla’s customers. Now he is once again combating the Securities and Exchange Commission, after the news that the board can strip him of his position of his own company. According to…

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GOLD ROSE AFTER THE ANNOUNCEMENT BUT SHOWED A DECLINE AGAIN

There was an announcement by U.S. President Donald Trump on delay to an increase in tariffs on Chinese goods in U.S.A. The stock market showed a slight change both in positive and negative aspects. While some companies showed a rise in their stocks, many showed a decline in their prices. Gold also showed a rise…

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Rising investments in ETFs

Investors who want to increase their money now got one more solution to triple there gains but is that the solution actually? Investment in ETFs is a paradox for the investors. Leveraged and inverse ETFs combined are just 2% of the ETF market but those products can be used to generate high alpha according to…

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U.S. UNEMPLOYMENT CLAIMS DROPPED IN THE WEEKLY AVERAGE

Due to slowdown in the labour market ,the number of four week average of Americans filling the unemployment benefits rose to a more than one year high but it fell last week. Claims for state unemployment benefits dropped to 216,000 as an initial 23,000 fall for the week ending Feb 16. According to the Labour…

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