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Automotive sector but Toyota expects growth

Toyota’s current sales are on record highs in 2019. Expectations despite slowing demand in China and United States, expects to stay on the highs in 2020, too. Japanese automaker in planning to sell 10.77 million vehicles in 2020. Numbers includes brands which are sold under Toyota conglomerate- Toyota, Lexus and Daihatsu brands along with Hino... Automotive sector but Toyota expects growth
Toyota’s current sales are on record highs in 2019. Expectations despite slowing demand in China and United States, expects to stay on the highs in 2020, too. Japanese automaker in planning to sell 10.77 million vehicles in 2020. Numbers includes brands which are sold under Toyota conglomerate- Toyota, Lexus and Daihatsu brands along with Hino trucks. They expect raising of sales by 0,5 million vehicles with comparison to 2019.

Their expectation will be hard to achieve, because we can indicate many mergers among the biggest automakers of the world. Mergers help to reduce costs at a time when they are investing heavily to develop next-generation technologies including self-driving vehicles and electric cars.

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Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Global stock markets have ended another brutal week as the banking crisis stoked fears of broader weakness in the global economy. Attention this week will be on planned central banks meetings. Major central banks, such as the US Federal Reserve, Bank of England and Swiss National Bank, are to hold monetary policy meetings this week.

HSBC acquires collapsed SVB’s UK wing

HSBC acquires collapsed SVB’s UK wing

The collapse of the "Silicon Valley Bank" led to widespread panic in the global markets. The bank also financed many firms in the UK, to protect these companies UK Banking giant HSBC has acquired the British arm of SVB with the support of the Bank of England.

Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Global stocks markets ended on a strong bearish note on Friday after financial regulators shut down one of the leading lenders in the United States, the Silicon Valley Bank (SVB). This week all eyes will be on the US inflation data, which could reinforce expectations of a bigger rate hike later this month.