Last Friday marked the day when Trump’s administration imposed 25% tariffs on $34 million worth of Chinese exports to the US. Outraged by this decision, the country was quick to retaliate by dubbing Trump’s move as “the largest trade war in economic history” and promised reciprocal trade restrictions on US goods in the very near future.
If you are itching to put your trading skills to good use, you will be happy to learn next week’s events will be in no short supply. Upcoming are a detailed rate statement from the Bank of Canada, a speech by gov. Carney, a m/m CPI report from the US and a m/m GDP report from the UK, and much more.
Tesla met its June production target of 5,000 Model 3 vehicles per week
The newest car model is expected to make the company self-sustainable
Musk shared his positive outlook for the Q3 and Q4 2018 company earnings
After failing to meet several deadlines and facing many technical and logistical hiccups along the way, Tesla finally reached its coveted goal of producing 7,000 vehicles per week. Now that the venture is finally starting to pay out, will Musk and his crew be able to sustain this level of production, or will they once again fail to deliver?
On Thursday, the Commerce Department announced that they have adjusted their estimations of Q1 GDP growth from 2.2% for the previous month down to 2%, citing the weakest consumer spending performance in the US for the last 5 years.
Recent OPEC developments have awaken the stock market from its brief World Cup slumber, and its gears are now turning at full speed. The main highlights for next week include a speech by BOE Gov Carney, a retail sales (m/m/) report from Australia, a FOMC meeting, an employment change report from Canada, and more.
Facebook’s Aquila project comes to an end after 4 years of development
The drones were meant to provide high-speed Internet to those without access
The company plans to partner with Airbus and others to aid new HAPS projects
Imagine a world where every single person on the planet has access to high-speed Internet at all times. That’s what Facebook aimed to do, before suddenly announcing this Tuesday that they have abandoned work on their futuristic Aquila drones.
We would like to inform you that effective from Friday, 29th June, we are lowering the margin requirements for our Cryptocurrency CFDs down to 25% and are also increasing the maximum position sizes for some of them.