April 2021 – Page 38 – UAG Trade Asia

Texas Oil Pipelines Face Dry Months as Production Languishes

April 13, 2021
Business
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Nearly half of all oil pipelines from the Permian basin, the biggest U.S. oilfield, are expected to be empty by the end of the year, analysts and executives said. Pipeline companies went on a construction spree throughout 2018 and 2019 to handle blistering growth in U.S. crude production to a record 13 million barrels per […]

April 13, 2021
Oil
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Oil prices climbed on Tuesday as data from China showed the worlds second largest oil consumers import growth surging and on tensions in the Middle East after the Yemenbased Houthi movement said it fired missiles on Saudi oil sites. Brent crude oil futures were up 31 cents, or 0.5, at 63.59 a barrel by 0356 […]

US Dollar Price Forecast: Sharp Inflation Spike to Drive Yields, USD Higher

The US Dollar may extend gains in the near term as base effects result in a marked rise in inflation, and long-term Treasury auctions push yields higher.

Swiss Franc Technical Outlook: AUD/CHF, NZD/CHF, EUR/CHF Chart Setups

The Swiss Franc has positioned itself against key levels versus the Australian Dollar, New Zealand Dollar and Euro over the past week. Where next for AUD/CHF, NZD/CHF and EUR/CHF?

NZD/USD May Rise as Technical Level, Chinese Trade Balance Shifts into Focus

NZD/USD may be set to breakout as price contends with the resistance level of a Falling Wedge pattern. Meanwhile, Chinese economic data is on tap for Tuesday’s Asia Pacific session.

April 12, 2021
Politics
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LONDON, April 12 Reuters British Prime Minister Boris Johnson has commissioned an independent review into the use of supply chain finance, the role of Greensill and how business representatives engage with government, his spokesman said on Monday. The Cabinet Office is commissioning an independent review on behalf of the prime minister to establish the development […]

April 12, 2021
Uncategorized
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India overtook Brazil as the second worstinfected country behind the United States after data showed that Covid19 cases continued to surge. The South Asian nation reported more than 168,000 new cases over a 24hour period on Monday, according to health ministry data. Around 83 of the new infections were reported in 10 states, including the […]

Sterling Outlook: GBP/USD April Range Set on Support- Cable Levels

Sterling has carved the April opening-range just above key technical support at the March lows- breakout watch. Here are the levels that matter on the GBP/USD charts.

April 12, 2021
Finance
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STOCKHOLM Reuters Swedish payments firm Trustly said on Monday it intends to list its shares on the Nasdaq Stockholm exchange. In January, Reuters reported that Trustly39;s owner, buyout group Nordic Capital, was in the process of hiring more banks with a view to launching an IPO in late April or early May that could value the […]

April 12, 2021
Finance
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TOKYO, April 12 Reuters Japanese government bond yields rose on Monday, tracking similar move in Treasuries after higherthanexpected producer prices data for March signalled higher inflation, while demand for domestic bond auctions seen last week capped decline in prices. The 10year JGB yield rose 0.5 basis point to 0.105 and the 20year JGB yield rose […]

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Texas Oil Pipelines Face Dry Months as Production Languishes

Oil Prices Climb on Robust China Data, Mideast Tension

US Dollar Price Forecast: Sharp Inflation Spike to Drive Yields, USD Higher

Swiss Franc Technical Outlook: AUD/CHF, NZD/CHF, EUR/CHF Chart Setups

NZD/USD May Rise as Technical Level, Chinese Trade Balance Shifts into Focus

UKs Johnson Commissions Independent Review into Lobbying

India Overtakes Brazil to Become the SecondWorst Hit Country as Covid Cases Soar

Sterling Outlook: GBP/USD April Range Set on Support- Cable Levels

Payments Firm Trustly Plans Nasdaq Stockholm Listing

JGB Yields Track Treasuries Higher

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