Windrose, a Chinese electric truck startup, is planning to establish a U.S. assembly plant for its semi-trucks, with deliveries set to begin in 2025. This move directly challenges Tesla, a dominant player in the electric vehicle market. The decision to set up a plant in the United States signifies a potential comeback for Chinese electric
Mahanadhi
Despite the weaker growth forecasts, investor bets on a July Bank of Japan rate hike linger. Economic indicators on Wednesday and Friday could dictate the BoJ’s policy maneuvers on July 31. On Wednesday, July 24, economists expect the Jibun Bank Services PMI to increase from 49.4 in June to 49.9 in July. A higher-than-expected PMI
EUR/USD has started a steady increase and has managed to surpass the 1.0910 resistance level. This positive movement indicates a bullish trend for the Euro against the US Dollar. The pair has climbed above key moving averages, such as the 100 simple moving average and the 200 simple moving average on the 4-hour chart. However,