03, Dec, 2019
Retail car sales decline for 11th straight month but inventory level is significantly down

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Retail sale of passenger vehicles declined for the 11th straight month in July 2019 at 243,183 units, but it was significantly more than the despatch figures released by industry body Society of Indian Automobile Manufacturers at 200,790 units. Not surprisingly, the rate of decline is also starkly different. While wholesale […]

The energy trade is burning up. The energy ETF (XLE) just posted its biggest monthly gain since 2015, buoyed by oil’s bestJanuary since 1983. Frank Cappelleri, chief market technician at Instinet, said that kind of advance could fuel an even bigger crude rally which may spill over into energy stocks. […]

Women wearing sunglasses work at a production line manufacturing electric machine parts at a factory in Luan, China November 17, 2018. China said on Thursday its manufacturing activity contracted for the second-straight month in January — another sign that the world’s second-largest economy is slowing down amid domestic headwinds and […]