April 2021 – Page 53 – UAG Trade Asia

Oil Rebounds on Robust Economic Data, Bargain Hunting

April 6, 2021
Oil
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Oil prices rose on Tuesday as investors looked for bargains following the previous days plunge of more than 4 on rising output from OPEC while strong economic data from the United States and China brightened recovery prospects. Brent crude futures rose 38 cents, or 0.61, to 62.53 a barrel at 0507 GMT, after falling 4.2 […]

April 6, 2021
Oil
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Goldman Sachs said a potential recovery in Iran exports wont come as an exogenous shock to the oil market and full recovery wont occur until summer 2022, as U.S. and Iranian officials were due to begin indirect talks in Vienna on Tuesday on the Iran nuclear deal. With OPEC appearing to manage its exit for […]

April 6, 2021
Politics
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SYDNEY, April 6 Reuters Australias central bank left interest rates at an alltime low on Tuesday in a widely expected decision but cautioned it would carefully monitor trends in property debt as the housing market boomed. The Reserve Bank of Australia RBA also reiterated its commitment to keep policy accommodative for as long as is […]

April 6, 2021
Finance
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Rates as of 0500 GMT Market Recap Oh dearCAD was the bestperforming currency yesterday, contrary to what some pundits notably me had expected. The usual relationship between USDCAD and oil prices broke down completely as oil fell I got it half right! but CAD rallied, nonetheless. The strong loonie was attributed to the general riskon […]

April 6, 2021
Finance
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Stocks hovered near a record high on Tuesday, supported by strong economic data from China and the United States, while currency and bond markets paused for breath after a month of rapid gains in the dollar and Treasury yields. World equities briefly touched an alltime peak in Asia as 1 gains in techheavy Taiwans market […]

April 6, 2021
Finance
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Europes benchmark equity index hit a record high on Tuesday, recovering all of its pandemicdriven losses as investors bet on a speedy global economic recovery, spurred by bumper stimulus spending and COVID19 vaccination programmes. European traders returned from a long weekend to push the continentwide STOXX 600 index 0.9 higher at 436.16 points, surpassing its […]

April 6, 2021
Finance
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How can investors keep up with the fire hose of Stocktwits posts without wasting time constantly monitoring social media?

April 6, 2021
Finance
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Bank debuts natural resources and clean energy transition unit. Firm has said it will achieve net-zero emissions by 2050.

April 6, 2021
Business
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BP expects to reach its 35 billion net debt target in the first quarter of 2021, the energy group said on Tuesday, following earlierthanexpected proceeds from disposals and a very strong quarter. The company, which had a debt pile of 39 billion at the end of 2020, had earlier expected to reduce its debt to […]

US Dollar Forecast: Jobs Figures, Vaccine Divergence to Drive USD Higher

The divergent handling of the coronavirus pandemic, and the wait-and-see stance of the Federal Reserve, may open the door for the US Dollar to continue driving higher against the Euro.

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Oil Rebounds on Robust Economic Data, Bargain Hunting

Rebound in Iranian Exports Unlikely to Shock Oil Markets

Australia C.Bank Hold Rates, Cautious on Housing Boom

CAD Higher, USD Lower; IMF World Economic Outlook

Stocks Scale Fresh Peak as U.S. and China Lead Recovery

Europes STOXX 600 Hits Record High on Recovery Optimism

Learn from market-moving Stocktwits without ever reading a post

Citi creates new investment banking unit in sustainability push

BP Expects to Hit 35B Net Debt Target in First Quarter

US Dollar Forecast: Jobs Figures, Vaccine Divergence to Drive USD Higher

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