Chinese electric car-maker Nio (NYSE: NIO) is scheduled to announce the last quarter earnings report today after market close. Nio is expected to post quarterly earnings of -$0.14 per share and revenues are expected to be $1.53 billion.
The US electric car maker Tesla (NASDAQ: TSLA) stock closed almost 8% higher on Tuesday after the company has officially opened its new car plant in Germany and started shipping electric vehicles.
The king dollar hit a six-year high against the Japanese yen on Tuesday, at 120.90. The strong recent strong upside momentum was boosted after the U.S. Federal Reserve hinted at further raising its key interest rate.
The British pound hit a fresh weekly high of 1.3190 on Thursday against the US dollar ahead of the Bank of England interest rate decision. While the sterling pulled back from the recent highs, it was still trading not far from the weekly highs reached against the dollar during the early session.
Gold and Oil prices dropped to the fresh two week low on Tuesday morning boosted by the positive developments in the latest round of Russia-Ukraine negotiations.