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Trading Ideas

CFM confident of meeting LEAP engine target this year

Aircraft engine maker CFM is confident it will meet a target to deliver 1,100 LEAP engines this year, despite still being a few weeks behind schedule, executives said on Saturday. CFM, a joint venture between General Electric (GE.N) and Safran (SAF.PA), had said in May it was 4-6 weeks behind schedule. On Saturday, CFM officials said the delay had peaked at about 7 weeks but had since eased to 4-5 weeks. …read more […]

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Trading Ideas

Gold Price Forecast – Gold drifts lower against stronger US dollar

Gold markets continue to be very noisy overall, and I think that at this point we will more than likely see volatility. I believe that the $1225 level will offer support, just as the $1250 level will massive resistance. I believe that the market will continue to be very difficult over the short term, of course driven by news headlines. …read more […]