focus Archive

  • Gold Prices Slip as Investors Focus on Jackson Hole Meeting Gold prices inched down on a strong dollar on Wednesday, as investors focus on geopolitical headlines and the key annual central banking conference in Jackson Hole in the United States. Spot gold fell 0.1 percent to $1,283.10 per ounce, after slipping 0.5 percent in the session earlier. U.S. gold futures for December delivery dropped 0.2 percent at $1,288.70 an ounce. Asian stocks moved higher to extend a global rally fueled by gains for technology shares on Wall Street and miners in Europe. The dollar was firm versus the euro and the yen prior to the Jackson Hole summit later in the week. The strong greenback makes dollar-denominated commodities more expensive for holders of other currencies, which could reduce demand. The European Central Bank's ultra-easy monetary policy could curtail income inequality in the bloc, according to ECB Vice President Vitor Constancio, which rejects the belief that asset purchases ..

    Prime News: Gold Prices Slip as Investors Focus on Jackson Hole Meeting

    Gold Prices Slip as Investors Focus on Jackson Hole Meeting Gold prices inched down on a strong dollar on Wednesday, as investors focus on geopolitical headlines and the key annual central banking conference in Jackson Hole in the United States. Spot gold fell 0.1 percent to $1,283.10 per ounce, after slipping 0.5 percent in the session earlier. U.S. gold futures for December delivery dropped 0.2 percent at $1,288.70 an ounce. Asian stocks moved higher to extend a global rally fueled by gains for technology shares on Wall Street and miners in Europe. The dollar was firm versus the euro and the yen prior to the Jackson Hole summit later in the week. The strong greenback makes dollar-denominated commodities more expensive for holders of other currencies, which could reduce demand. The European Central Bank's ultra-easy monetary policy could curtail income inequality in the bloc, according to ECB Vice President Vitor Constancio, which rejects the belief that asset purchases ..
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  • These days, the new car market is saturated with affordable sports cars that double as almost-uncompromised daily drivers. For the most part, these are compact vehicles like the Subaru WRX/WRX STI, Volkswagen GTI/Golf R, Ford Focus ST/Focus RS, and the Honda Civic Si/Civic Type R. Unless you suffer fromserious brand loyalty, you're probably going to have trouble picking between this tight pack of cars.Trust me: I recently found himself in this predicament. I cross-shopped the Focus RS, the WRX STI, and the Chevrolet Camaro SS 1LE while trying to settle on my new daily, and wound up leasing the Subaru. Though my decision was primarily based on pricing and affordability, [And the fact that Aaron is an unabashed Subaru fanboy. —Ed.] after spending some time with a Focus RS lent to The Drive by Ford, I learned that the Subaru makes for a better everyday car. The WRX STI, which starts at $36,095, is a 305-horsepower four-door sedan that's been on the market in its current genera..

    Ford Focus RS Vs. Subaru WRX STI: A (Slightly Biased) One-Man Comparison Test

    These days, the new car market is saturated with affordable sports cars that double as almost-uncompromised daily drivers. For the most part, these are compact vehicles like the Subaru WRX/WRX STI, Volkswagen GTI/Golf R, Ford Focus ST/Focus RS, and the Honda Civic Si/Civic Type R. Unless you suffer fromserious brand loyalty, you're probably going to have trouble picking between this tight pack of cars.Trust me: I recently found himself in this predicament. I cross-shopped the Focus RS, the WRX STI, and the Chevrolet Camaro SS 1LE while trying to settle on my new daily, and wound up leasing the Subaru. Though my decision was primarily based on pricing and affordability, [And the fact that Aaron is an unabashed Subaru fanboy. —Ed.] after spending some time with a Focus RS lent to The Drive by Ford, I learned that the Subaru makes for a better everyday car. The WRX STI, which starts at $36,095, is a 305-horsepower four-door sedan that's been on the market in its current genera..
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  • Dollar Climbs as Focus on Jackson Hole Meeting The dollar rose versus a basket of currencies on Tuesday, with traders paying attention to the annual central banking conference in Jackson Hole for clues into the outlook for monetary policy. The dollar index climbed 0.1 percent to 93.169. The near-term focus will be on the speech by U.S. Federal Reserve Chair Janet Yellen on Friday at the Fed's annual central banking conference in Jackson Hole, Wyoming. The greenback was up 0.3 percent to 109.26 yen, retreating from the previous week's low near 108.60 yen, which was the U.S. currency's weakest level in nearly four months. The dollar has recently been impeded by renewed investor concerns regarding the Trump administration's ability to proceed with its economic policy agenda. Doubts on the prospects for another Fed interest rate increase in 2017, at a time of subdued U.S. inflation, have added pressure on the greenback. The euro fell 0.1 percent to $1.1808. The..

    Prime News: Dollar Climbs as Focus on Jackson Hole Meeting

    Dollar Climbs as Focus on Jackson Hole Meeting The dollar rose versus a basket of currencies on Tuesday, with traders paying attention to the annual central banking conference in Jackson Hole for clues into the outlook for monetary policy. The dollar index climbed 0.1 percent to 93.169. The near-term focus will be on the speech by U.S. Federal Reserve Chair Janet Yellen on Friday at the Fed's annual central banking conference in Jackson Hole, Wyoming. The greenback was up 0.3 percent to 109.26 yen, retreating from the previous week's low near 108.60 yen, which was the U.S. currency's weakest level in nearly four months. The dollar has recently been impeded by renewed investor concerns regarding the Trump administration's ability to proceed with its economic policy agenda. Doubts on the prospects for another Fed interest rate increase in 2017, at a time of subdued U.S. inflation, have added pressure on the greenback. The euro fell 0.1 percent to $1.1808. The..
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  • DETROIT — Maven doesn't want to be the next Zipcar, Uber or Lyft. It wants to be all of them, and more. As part of an ongoing expansion, the General Motors service brand is examining a new car-sharing service for fleet and business owners of GM cars and trucks, including dealerships potentially putting vehicles into on-location Maven stations. Maven, which launched as an app-based short-term rental service for GM in 2016, started a pilot program last year with Suburban Chevrolet of Ann Arbor in Michigan. The dealership owns the five loaner service vehicles and shares revenue with the company when they are used by Maven users. The dealership has had "fairly reasonable success" with the program by promoting it for customers as an alternative to sitting in the waiting room, according to General Manager Mike Mosser. "It's a great opportunity to market to our customers that we have a 24-hour service drop-off availability," he told Automotive News, and a tool to attract younger..

    At GM, Maven car-sharing unit’s ambitions come into focus

    DETROIT — Maven doesn't want to be the next Zipcar, Uber or Lyft. It wants to be all of them, and more. As part of an ongoing expansion, the General Motors service brand is examining a new car-sharing service for fleet and business owners of GM cars and trucks, including dealerships potentially putting vehicles into on-location Maven stations. Maven, which launched as an app-based short-term rental service for GM in 2016, started a pilot program last year with Suburban Chevrolet of Ann Arbor in Michigan. The dealership owns the five loaner service vehicles and shares revenue with the company when they are used by Maven users. The dealership has had "fairly reasonable success" with the program by promoting it for customers as an alternative to sitting in the waiting room, according to General Manager Mike Mosser. "It's a great opportunity to market to our customers that we have a 24-hour service drop-off availability," he told Automotive News, and a tool to attract younger..
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  • Jide Technology on Tuesday announced that the company has decided to discontinue its Android-based Remix OS and that it will be "transitioning away" from consumer space. For those who are unaware, Remix OS is essentially a customised form of Android for the desktop form factor that was launched in January last year.In a note from Jide, the company says that it has received a large number of queries from enterprises in various industries in the last one year and the company can help these enterprises build "great tools" by leveraging its software and hardware."We see huge potential in the role that Jide can play to revolutionize how these businesses operate. And given our existing resources, we decided to focus our company efforts solely on the enterprise space moving forward," it said.Jide says that it is restructuring its approach to Remix OS and as a result, the development on all existing products like Remix OS and other products in pipeline such as Remix IO and IO+ will be disco..

    Jide Discontinues Remix OS, Moves Focus to Business Customers

    Jide Technology on Tuesday announced that the company has decided to discontinue its Android-based Remix OS and that it will be "transitioning away" from consumer space. For those who are unaware, Remix OS is essentially a customised form of Android for the desktop form factor that was launched in January last year.In a note from Jide, the company says that it has received a large number of queries from enterprises in various industries in the last one year and the company can help these enterprises build "great tools" by leveraging its software and hardware."We see huge potential in the role that Jide can play to revolutionize how these businesses operate. And given our existing resources, we decided to focus our company efforts solely on the enterprise space moving forward," it said.Jide says that it is restructuring its approach to Remix OS and as a result, the development on all existing products like Remix OS and other products in pipeline such as Remix IO and IO+ will be disco..
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  • There is plenty of data on the calendar from the US on Thursday, including July industrial output Two quick previews ... bolding mine Barclays: HSBC:

    US data Thursday – Industrial Production the focus (preview)

    There is plenty of data on the calendar from the US on Thursday, including July industrial output Two quick previews ... bolding mine Barclays: HSBC:
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