Auto stocks will be in focus as companies will start announcing monthly sales numbers for September 2018 from today, 1 October 2018.
Archives for September 2018
US President Donald Trump’s administration has sued the state of California in an effort to strike down its new net neutrality law, signed only hours earlier by Democratic Governor Jerry Brown.
(Reuters) – Tesla Inc’s settlement with U.S. regulators will help soothe investors calling for more oversight of Chief Executive Elon Musk, experts said, even as it gives ammunition to short-sellers pursing separate cases and to a probe by the Justice Department.
MUMBAI (Reuters) – The Reserve Bank of India said on Monday it has decided to buy a total of 360 billion rupees worth government bonds under its open market operations (OMOs) this month, in a bid to ease liquidity conditions in the market.
ECONOMIC NEWS: The China’s official Purchasing Managers’ Index (PMI), released by the National Bureau of Statistics on Sunday, fell to a seven-month low of 50.8 in September from 51.3 in August, but remained above the 50-point mark that separates growth from contraction for the 26th straight month. New export orders, an indicator of future activity, contracted for a fourth straight month, with the sub-index falling to 48.0 from 49.4 in August.