EUR/USD
1.15199
0.025%
Gold
4058.90
-0.211%
Oil
57.827
-0.083%
USD/JPY
156.742
0.226%
GBP/USD
1.30972
-0.056%
GBP/JPY
205.293
0.171%
Real-time News
Volvo: Volvo Construction Equipment is building a new factory in Eskilstuna, with infrastructure construction starting in 2026 and production commencing within two years. The factory is designed to have an annual capacity of 3,500 machines. A Swedish kronor investment of 700 million SEK will be made in the facility, part of a 2.5 billion SEK plan announced in June.On November 24th, amid discussions about a possible end to the Russia-Ukraine war, European natural gas prices fell below €30 per megawatt-hour for the first time in over a year. As of 8:03 AM local time on Monday, the benchmark European gas contract—the Dutch TTF natural gas futures contract—was trading at €29.95 per megawatt-hour, almost half the level of February this year, hitting its lowest level since May 2024. The contract has been trading in a narrow range for the past few weeks, with traders weighing ample European supply against changing weather forecasts to assess their ability to weather the winter. Talks between the US and Ukraine in Geneva on Sunday showed progress towards ending the Russia-Ukraine conflict, but US Secretary of State Rubio indicated that the November 27th deadline for agreeing to an agreement could be extended to next week. An agreement requires approval from Ukrainian President Zelensky, US President Trump, and Russian President Putin. European natural gas prices remain above pre-2022 energy crisis levels, but current prices are a fraction of those peaks, and additional supply from the US and other regions is expected to drive prices further down in the coming years.British data analytics consultancy GlobalData will launch a £10 million share buyback program this week.Goldman Sachs initiates coverage of Ferrari (RACE.N) with a buy rating and a target price of $454.Goldman Sachs initiates coverage of Ferrari with a buy rating and a target price of €391.
