Tesla has reportedly reduced production of electric vehicles (EVs) at its huge Shanghai factory in China because of intense competition and weak sales. Bloomberg reported late last week that the EV maker had told employees at its Shanghai plant a couple of weeks ago to cut production of the Model Y and Model 3 by […]
Tesla reduces its Chinese EV production citing weaker sales and rising competition Read More »
Global oil prices settled lower Friday for a third day in a row as the US dollar rose to the highest level in more than a month in the wake of the move by the Fed to pencil in three possible rate cuts this year, dovish remarks from the Bank of England and the surprise
Stronger US dollar weighs on oil prices Read More »
Inflation will continue to dominate market thinking, and with it the prospect of the timing of rate cuts in the run up to the long Easter break and a shortened trading week. Inflation in Australia and the US will be in the spotlight and the likely outcomes will not make markets happy as they drink
Domestic markets focused on February CPI data due out on Wednesday Read More »
Gold prices fell off from a record high on Friday as the US dollar rose to a month high in the wake of the Fed’s three rate cut reveal and the surprise rate cut by the Swiss National Bank.That move, the Fed’s ‘dot plot’ forecasts and the dovish noises from the Bank of England merged
Gold prices pull back from record levels on stronger US Dollar Read More »
The three major indices drifted over the last session of the week to finish mixed on the day, but ending with the best week of 2024 so far. The Dow ended the day down 0.77 per cent and the S&P 500 inched lower to close down 0.14 per cent. The Nasdaq managed to tick into
All three major US indices finish with solid weekly gains Read More »
Chinese shares have slumped, as has the Hong Kong market. Also, the Chinese currency has slumped and has had to be supported by government banks. A surprise interest rate cut by the Swiss National Bank (SNB) has pressured markets. Gold had surged to record highs above $US2,200 an ounce on Thursday after the Federal Reserve
Swiss rate cut pressures markets Read More »
Roderick McIllree – Executive Chairman – White Cliff Minerals (ASX:WCN) is a mineral exploration company. The company is exploring its highly prospective rare earth elements and lithium project portfolio in Western Australia.
White Cliff Minerals (ASX:WCN) – Webinar Presentation Read More »
Matt Kay – Managing Director – Earths Energy (ASX:EE1) is a company focused on acquiring and developing geothermal energy projects in Australia, utilising closed-loop system technology for efficient, emission-free electricity generation.
Earths Energy (ASX:EE1) – Webinar Presentation Read More »
Iggy Tan – Managing Director – Altech Batteries (ASX:ATC) is a specialty battery technology company that has a joint venture agreement with world-leading German battery institute Fraunhofer IKTS to commercialise the revolutionary CERENERGY Sodium Chloride Solid State Battery.
Altech Batteries (ASX:ATC) – Webinar Presentation Read More »
This transcript has been AI generated: Manny Anton: Good morning and welcome to this week’s edition of Winston’s Weekly, covering all things property. I’m Manny Anton, your host for today’s property chat. Winston, welcome back. Winston Sammut: Thank you. Manny Anton: Nice shirt today. Winston Sammut: Thank you. Manny Anton: Any history behind that one
Winston’s Weekly: The US Fed and the Aussie residential market Read More »
