Back to market news

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.

Read more

Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Precious metals started the new of trading on a bullish note while US stock futures opened mixed on Monday following the Thanksgiving break. The volatility is expected to remain high this week, based on a list of important data and events. The ISM manufacturing PMI and the Core Personal Consumption Expenditures (PCE) Price Index may be the most market-moving events on the calendar this week.

Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Global equity markets settled higher last week after cooling inflation reports raised hopes of an end to interest rate hikes. Moving ahead, with a shorter week with the market being closed on Thursday and a half-day on Friday for Thanksgiving. However, before the Thanksgiving holidays, some intriguing US data is scheduled to be published. Minutes from the latest November 1 FOMC meeting will be released on Tuesday.