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  • Editor’s Picks / 49 minutes ago

    Can a former Audi head help revive Cadillac?

    Bloomberg
    Johan de Nysschen was once responsible for transforming Audi into a luxury brand on par with BMW and Mercedes, but can he do the same for General Motors' Cadillac division? There was a time when purchasing a Cadillac was the definitive "you've made it" statement in the US context, but the brand has come to seem old-fashioned. In order to attract de Nysschen as president, however, GM promised to allocate $12 billion over the next five years to rebuilding its faded high-end marque. According to de Nysschen, "“The company needs to capture its rightful share of the profits available in the global luxury market", and it is to this end that it is launching its new flagship sedan at a New York event this evening.
    Read article on Bloomberg
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  • Article / 53 minutes ago

    European Stocks: Historic first quarter comes to an end

    Trader / TheSteadyTrader.com
    United States
    European Stocks: Historic first quarter comes to an end
    After the major European equity indices last week paused to consolidate the sharp year-to-date gains, the quarter-end inspired rally on Monday has pushed many of the indices back up to their recent highs. In the near term stocks remain overbought tactically, but are supported by better price action in banks and oil services.
    Read the article
  • Calendar event / 1 hour ago

    IT PPI

    forecast
    actual
    Low Producer Prices Monthly
    +0.5%
    Low Producer Prices Yearly
    -2.6%
  • Calendar event / 2 hours ago

    IT Provisional CPI

    forecast
    actual
    Low CPI Monthly Preliminary
    +0.1%
    +0.1%
    Low CPI Yearly Preliminary
    -0.1%
    -0.1%
  • Calendar event / 2 hours ago

    HK Retail Sales

    forecast
    actual
    Low YoY % Change (Value)
    +3.2%
    +14.9%
    Low YoY % Change (Volume)
    +5.4%
    +18.2%