Thursday, January 5, 2012 Categorized under Currency Market

Euro inches up while Greece warns to leave Euro zone

Euro touched the 1.3075 against the dollar before retreating back to the 1.2928 levels.If there is no convincing progress on economic reforms then there are chances that Greece would default and exit from euro currency zone.Officials have already warned that they would leave the euro zone if the second rescue package fails.

 
euro vs usd
Chart source : Yahoo finance

Various important data stats are in waiting line like German retail sale figures,French consumer confidence survey,Italy’s unemployment figures for the third quarter, U.K.’s Purchasing Managers’ survey results along with Eurozone industrial new orders and producer prices.

Related Posts:

  • No Related Posts
Thursday, January 5, 2012 Categorized under Industry News

Hero Motocorp to launch Hybrid scooter With 100 km/per litre fuel efficiency

Hero motocorp will be launching a new petrol and electric hybrid scooter, at the Delhi Auto Expo.This model will be a concept model and there might be further changes in it till it makes its presence in markets.This scooter will be available for global sales and target primarily the overseas market.

Indian consumers might be a cheaper version and with better fuel efficiency of 100 km per litre.As most of the indian customers are looking for fuel efficient products this scooter can provide a upperhand to the company in this segment.

Hero MotoCorp was trading at Rs1,826, up by 2.18%, with a volume of 0.28 lakh shares on the BSE.

Related Posts:

  • No Related Posts
Page 3 of 30612345...102030...Last »