1. China Association of Automobile Manufacturers: In June, the production and sales of new energy vehicles increased by 32.8% and 35.2% respectively year-on-year, and the production and sales of plug-in hybrid vehicles hit a record high for the first time.
stock news
1. It is rumored that the second factory in Japan will start construction in April next year? TSMC (TSM.N): no comment during the silence period.
2. Tesla (TSLA.O) announced that the Cyberquad toy car will be launched in China.
3. Uber (UBER.N) Chief Financial Officer Nelson Chai will resign, the highest executive departure since its IPO.
4. Geely and Renault Group signed a joint venture agreement to jointly create a powertrain technology company.
5. Societe Generale Bank issued a research report, downgrading Citigroup (C.US), JPMorgan Chase (JPM.US) and Goldman Sachs (GS.US) from “buy” to “hold” because of the Basel IV The rules, which could significantly increase capital requirements, are due to be published in the coming weeks.
6. LyondellBasell (LYB.N) completed the acquisition of Mepol Group.
7. Dissatisfied with being included in the “Digital Services Act” stricter review list, Amazon (AMZN.O) filed a lawsuit with the European Court of Justice.
8. Citigroup (C.N) names Flavio Figueiredo as global head of foreign exchange trading.
9. ASML (ASML.O): China’s 2023 recruitment plan has not undergone major changes.
Weekly Technical Outlook – USDJPY, GBPUSD, NZDUSD
USDJPY faces minor injuries after higher US jobless rate; Powell’s testimony next on the agenda GBPUSD surprasses key obstacle as UK gets new government; monthly GDP data on the agenda NZDUSD waits…