The Traderszone Network

Latest report from the US ratings agency
– Turkey continues with robust public financing in the face of the situation in global markets
– has kept resistance against external shocks which have emerged recently
The election, , takes place on 1 Nov

Some analysts are skeptical Thursday’s gains mark a turnaround form the panicked selling a day earlier.
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Traders see no move at the ECB meeting on Thursday, but expect central bank chief Mario Draghi to hint about additional easing steps.
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South Korea’s Hyundai Motor Co said on Thursday its net profit fell 23 percent in the third quarter from a year earlier, hit by a sharp slowdown in China sales and aggressive global incentives which outweighed …

Honda had planned to start construction on a third plant with Dongfeng Motor Group Co this year but it may now start building the plant around 2017 and target to begin production no later than July 2018, Bloomberg reported, quoting Chen Binbo, vice president of Honda’s joint venture with Dongfeng. A final decision will be made at the end of the year, Bloomberg said.

Volkswagen may have to set aside more funds than it has so far allocated to cover the costs of an emissions scandal if car sales suffer.

Uptrend is likely short-lived as the latest data suggests a respite from low prices could still be a long way off.
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