AUD: up for a rise?
Australian Quarterly Private Capital Expenditure will be announced at 02:30 MT time on Thursday.
Honda experiences long haul just to recoup jet costs
After up to three decades building an airplane from scratch, chief engineer of the Hondajet, Michimasa Fujino might have to reach a ripe old age to see Honda Motor Co's aviation project offset its development costs.
Honda has refused to disclose the costs, though the carmaker has been researching aircraft development since 1986. Additionally, vice president of analysis at aerospace consulting company Teal Group, states that it has probably spent approximately $1 billion on the jet program since the early 2000s, which is more than double the $400 million typical for such jets.
A five-year delivery delay as well as developing its own engine backed the bill.
The company, which gave the world the Honda Civic that revolutionized compact vehicles in America in the 1970s, is actually betting its six-seater light $4.5 million dollar business jet, the first aircraft designed by an automaker since World War Two, is going to expand the fuel-efficient private jet market.
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CB Consumer Confidence index will be announced at 17:00 MT time on Tuesday.
Important events on February 24-28
There is almost only one big event on the stage of Forex - Coronavirus. How will currencies and commodities respond?
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The assets wrap: the best, the worst, and the most volatile
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.
AUD: up for a rise?
Australian Quarterly Private Capital Expenditure will be announced at 02:30 MT time on Thursday.
USD: are American consumers confident enough?
CB Consumer Confidence index will be announced at 17:00 MT time on Tuesday.
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