April 2021 – Page 36 – UAG Trade Asia

Gold Price Forecast: Gold Drifts Towards Range Extremes– XAU/USD Levels

Gold surged more than 4% off the March low with XAU/USD now eyeing technical resistance at the range highs. These are the levels that matter on the Gold weekly chart.

US Dollar Forecast: Sinking Despite Rising Inflation – Levels for DXY Index, USD/JPY

The US Dollar (via the DXY Index) continues to trade lower after losing the uptrend from the February and March swing lows.

EUR Technical Outlook: EUR/USD Short-term Chart Setting Euro Up for a Move

EUR/USD is putting in a wedge on the short-term chart, suggesting a move is on its way; bias at the moment is to the upside.

April 13, 2021
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In its stock market debut, British food delivery firm Deliveroo saw its share price tank around 30 as questions materialized over workers rights for its riders. In the days running up to the listing, the company revised its share price as some investors opted to avoid the IPO over these concerns. Deliveroo is just one […]

April 13, 2021
Finance
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TOKYO, April 13 Reuters Japanese shares rose on Tuesday, led by gains in stocks of glass product companies and department store operators after their robust earnings, though concerns about rising domestic COVID19 cases undermined travelrelated shares. Nikkei share average rose 0.72 to 29,751.61, holding above key support levels from its 25day, and 50day moving average, […]

April 13, 2021
Finance
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Bloomberg Intelligence forecasts that the total market value of ESG investments will reach $53 trillion within the next five years, and that ESG will represent a third of the assets under management.

April 13, 2021
Politics
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WELLINGTON, April 13 Reuters The Reserve Bank of New Zealand RBNZ said on Tuesday it was expanding its regulatory resources with a new standalone enforcement department focusing on compliance in the banking, insurance and antimoney laundering sectors. The new department and the banks separate supervision team will work closely to achieve compliance goals, RBNZ said […]

April 13, 2021
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HARARE Reuters Zimbabwes statecontrolled iron and steel company ZISCO has invited new investors to help revive operations at the company that has been the target of interest from Indian and Chinese investors in the past, a company document seen by Reuters showed. Essar Africa Holdings, a unit of Indias Essar Group, agreed to invest up […]

April 13, 2021
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Huawei said Monday that U.S. sanctions on the company are partly to blame for the ongoing global chip shortage thats the subject of a White House conference on Monday. Eric Xu, Huaweis rotating chairman, said the sanctions imposed over the last two years on the Chinese tech company are, hurting the global semiconductor industry because […]

April 13, 2021
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The rally in tech shares has taken the number of people with fortunes of more than 100 billion to eight. Google cofounders Larry Page and Sergey Brin joined the exclusive club last week, entering a group dominated by U.S. tech entrepreneurs, according to the Bloomberg Billionaires Index. The worlds eight richest people together hold fortunes […]

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Gold Price Forecast: Gold Drifts Towards Range Extremes– XAU/USD Levels

US Dollar Forecast: Sinking Despite Rising Inflation – Levels for DXY Index, USD/JPY

EUR Technical Outlook: EUR/USD Short-term Chart Setting Euro Up for a Move

Europe could be Seeing Decline of its Gig Economy

Nikkei Gains as Glass Firms, Department Stores Shine on Upbeat Earnings

Expert insights into data and ESG in the Middle East

New Zealand Central Bank Launches new Enforcement Department

Zimbabwe Seeks new Investors for Steel Company

Chinas Huawei blames global chip shortage on U.S. sanctions

Worlds Eight Richest People Now Worth 1 Trillion

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