Tesla begins deliveries of updated Model Y in China

Tesla has officially started delivering the revamped Model Y in China as of February 26. The updated version features enhancements in exterior design, interior comfort, driving range, and advanced safety and intelligence systems. Production of the new Model Y began on February 18 at Tesla’s Shanghai Gigafactory, marking a significant step in the company’s efforts […]
Copper – Chile restoring electricity supply

Earlier: ICYMI – Chile’s nationwide power outage – has impacted copper operations In some better news trickling out of the country, Chile’s National Electricity Coordinator says about a quarter of electrical demand has been restored to the grid. Full recovery could happen by morning. This article was written by Eamonn Sheridan at www.forexlive.com. Source link
Trade ideas thread – Wednesday, 26 February, insightful charts, technical analysis, ideas

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
Australian data – Q4 2024 Construction Work Done +0.5% q/q vs. 1.0% expected

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
Johnson scraps budget vote amid conservative pushback

Speaker Mike Johnson canceled a planned Tuesday evening vote on a House Republican budget plan, throwing his approach to President Donald Trump’s sweeping domestic policy agenda into serious question. The decision to scrap the vote came after several conservative hard-liners made clear they would not support the fiscal blueprint as written. Adopting the budget measure […]
Designer Diane von Furstenberg Suffers Gnarly Black Eye After Fall

Diane von Furstenberg Suffers Gnarly Black Eye After Falling Published February 25, 2025 4:21 PM PST Diane von Furstenberg‘s trip to the West Coast did not get off to a great start after she sustained a gnarly eye injury after falling to the ground in California. The famous fashion designer took to Instagram on Tuesday […]
Australian monthly CPI (January 2025) 2.5% y/y (vs. 2.6% expected)

January 2025 monthly inflation CPI data from Australia Comes in at 2.5 % y/y expected 2.6%, prior 2.5% Trimmed mean 2.8% y/y That headline result is encouraging. Its under the median estimate and the same as the previous month. Its also bang in the centre of the Reserve Bank of Australia’s 2 – 3 % […]
PBOC is expected to set the USD/CNY reference rate at 7.2526 – Reuters estimate

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate […]
Japan’s Nikkei expected to rise as high as 42,500

Japan’s Nikkei is opening in a softish manner this morning, dropping under 38K for the first time since December 2. Reuters report on their survey of analysts. Nikkei 225 is forecast to rise 4.6% to 40,000 by mid-2025 11.15% to 42,500 by year-end outlook remains unchanged from the November 2024 poll Key Drivers: Analysts expect […]
‘Below Deck’ Cast Member Gary King Sued for Sexual Battery

‘Below Deck’ Cast Member Sued for Sexual Battery!!! Published February 25, 2025 4:01 PM PST Bravo is facing a new lawsuit over “Below Deck Sailing Yacht” star Gary King … a former makeup artist from the show is now suing the network and the reality star over an alleged sexual assault. TMZ has obtained the […]