May 2022 – Page 25 – UAG Trade Asia

European Shares Inch Lower on Inflation Worries

May 18, 2022
Finance
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UK inflation hits 40year high Euronext surges on profit beat Commerzbank rises on reports of merger talks with UniCredit TUI slide on shares sales announcement May 18 Reuters European shares slipped on Wednesday led by technology stocks, as worries about inflation and monetary policy tightening dampened optimism around China39;s economic recovery. The panEuropean STOXX 600 […]

Trading the Falling Wedge Pattern

The Falling Wedge pattern (also known as the descending wedge) is a useful pattern that signals future bullish momentum.

Forex Candlesticks: A Complete Guide for Forex Traders

Trading forex using candlestick charts is a useful skill to have and can be applied to all markets

Nasdaq 100 Skips Up Despite Fed Chair Powell’s Red-Hot Hawkishness. Where To for Tech Stocks?

The Nasdaq 100 continued to bounce off recent lows as decent data overcame a Fed Chair that’s staring down inflation. Is it a bear market rally or a true upturn afoot turn for NDX?

Japanese Yen Range Trades Against the US Dollar but Lifts Against the Swiss Franc.

The Japanese Yen has steadied against the US Dollar but has rallied against Swiss Franc. If USD/JPY range breaks, will it go the same way as CHF/JPY?

May 18, 2022
Business
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PARIS, May 17 Reuters Environmental activists briefly disrupted BNP Paribas39; annual shareholder meeting in Paris on Tuesday, accusing France39;s largest listed bank of being Europe39;s main financing partner for the fossil energies sector. Fourteen activists sounded portable alarms when the bank39;s executives presented the firm39;s targets and actions in the fight against climate change. In a […]

Big Mistake Leads Technical Trader to Top Three Tools

Developing your strategy comes at a cost –often a lot of time, money and frustration. Sometimes this process can be orderly and structured- it wasn’t for me.

May 17, 2022
Uncategorized
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Jobless rate drops to 3.7 in Q1 from previous 3.8 Unemployment rate at its lowest in nearly 50 years Pay including bonuses leaps by 7.0 on year Biggest fall in inflationadjusted earnings since 2013 BoE sees risk high pay growth could entrench inflation LONDON, May 17 Reuters Britain39;s jobless rate hit a 48year low in […]

May 17, 2022
Uncategorized
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BEIJING, May 17 Reuters The economy of China39;s capital Beijing took a hit in April as authorities wrestled with a new COVID outbreak, telling residents to avoid going out or work from home and halting many businesses. Retail sales in the city of nearly 22 million people, a key gauge of consumption, shrank 16.05 in […]

May 17, 2022
Uncategorized
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US retail sales continue to grow strongly, adding 0.9 in April after 1.4 a month earlier and slightly weaker than the expected 1.0. Sales excluding autos and gasoline rose 0.6 after 2.1 a month earlier and against an expected 0.4 increase. Remember that we see data adjusted for seasonal factors but not for price adjustment. […]

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European Shares Inch Lower on Inflation Worries

Trading the Falling Wedge Pattern

Forex Candlesticks: A Complete Guide for Forex Traders

Nasdaq 100 Skips Up Despite Fed Chair Powell’s Red-Hot Hawkishness. Where To for Tech Stocks?

Japanese Yen Range Trades Against the US Dollar but Lifts Against the Swiss Franc.

BNP Paribas Shareholder Meeting Disrupted by Green Activists

Big Mistake Leads Technical Trader to Top Three Tools

UK Unemployment Hits 48Year Low, Pushing Up Pay

Beijings Retail, Industry Upended by COVID Restrictions

US Retail Sales Barely Keep Pace with Inflation

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