Platinum has had an outstanding performance lately and palladium may follow up as investors are looking for assets expected to have a bullish run. Fundamental analysis: Higher demand for metals Both metals had been recording gains in 2020, and the future outlook suggests that the two metals might have an even better 2021. Platinum and palladium have unique industrial functions as platinum is used for purifying diesel-engine emissions while palladium is used in gasoline-powered vehicles. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. Daniil Manaekov, an economics forecaster at the University of Michigan pointed out that car sales in the U.S. might jump to 16.3 million units by the end of next year, higher than the previous forecast of 14.5 million in 2020. Furthermore, car sales in China are expected to hit 27.227 million in 2021 compared to 22 million this year. “The improving outlook for the Asia-Pacific auto sector reflects expectations that auto demand will recover by more than 10% in 2021, compared with an expected decline of nearly 20% in 2020 due to impact of the coronavirus pandemic,” said rating agency Fitch. “If we were to choose a single industrial
TORONTO, Jan. 11, 2021 /CNW/ - Choice Properties Real Estate Investment Trust ("Choice Properties" or the "Trust") (TSX: CHP.UN) announced today that it will be reporting fourth quarter 2020 results on Wednesday, February 10, 2021 after-market hours. Management will host a conference call the next day on Thursday, February 11, 2021 at 10:30 AM (ET) with a simultaneous audio webcast. To access via teleconference please dial (647) 427-7450 or (888)-231-8191. A playback will be made available two hours after the event at (416) 849-0833 or (855) 859-2056, access code: 9790288. The link to the audio webcast will be available on www.choicereit.ca in the "Investors" section under "Events & Webcasts".
About Choice Properties Real Estate Investment Trust
Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties.
We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.
For more information, visit Choice Properties' website at www.choicereit.ca and Choice Properties' issuer profile at www.sedar.com.
SOURCE Choice Properties Real Estate Investment Trust
The South Korean automaker has confirmed it is in talks with Apple over an electric car and battery deal Two firms are discussing the production of self-driving cars and batteries by 2027 in the US-based factories Hyundai stock price initially gained about 25% on the Apple news before pulling back to close +19.42% Shares of Hyundai (KRX: 005380) soared 25% on the news that the South Korean automaker was in early discussions with Apple over an electric car and battery deal. Fundamental analysis: Talks confirmed The news comes a few weeks after reports about Apple’s plan to expand into self-driving car technology and production of a car that could run on its own battery technology in 2024. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. According to Reuters, Apple and Hyundai held talks about collaborating on the production of self-driving cars and batteries by 2027 in the US-based factories. “Apple and Hyundai are in discussion, but as it is early stage, nothing has been decided,” Hyundai said. Later, Hyundai said “getting requests for cooperation on joint development of autonomous electric vehicles from various companies”, without disclosing names of the