May 2022 – Page 40 – UAG Trade Asia

Euro Swerves Volatility as Risk Aversion Permeates Markets to Boost Japanese Yen

The Euro has held ground despite the US Dollar and Japanese Yen lifting as risk assets are pilloried in the wake of lessening liquidity. Will EUR/JPY resume the uptrend?

May 10, 2022
Uncategorized
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KYIV, May 6 Reuters Ukraine hopes to grow export capacity by 50 in the next few months by expanding facilities on its western border, but it will still be far short of prewar levels, the deputy infrastructure minister said on Friday. More than ten seaports carried 75 of Ukraine39;s foreign trade, but they were closed […]

May 10, 2022
Uncategorized
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LONDONDUBLIN May 6 Reuters European airlines and hotel chains are seeing bookings recover to levels barely seen since the start of the COVID19 pandemic, led by demand for shorter trips, although longdistance travel remains on the ropes. The pandemic led to international travel virtually shutting down as governments around the world curbed entry. However, the […]

Bitcoin Prices Approach July Low as APAC Traders Brace for More Selling

Bitcoin prices fell overnight as traders continued to hit the sell button on risk assets. A light economic docket puts prevailing risk trends in focus for today’s Asia-Pacific session.

May 9, 2022
Oil
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April crude oil imports around 10.5 mln bpd, up 6.6 on yr JanApril imports down 4.8 yryr April fuel exports down 44 on yr; JanApril down 38 on yr JanApril natural gas imports down 8.9 yryr SINGAPORE, May 9 Reuters China39;s crude oil imports grew nearly 7 in April from the same month a year […]

May 9, 2022
Finance
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While the inverted two- and 10-year curve may be a strong signal of a looming recession, it’s not itself a signal to sell equities, according to an analysis by Bloomberg.

May 9, 2022
Business
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ZURICH, May 6 Reuters Swiss wealth and asset manager Pictet has named Edmund Buckley head of the Direct Private Equity division as the Genevabased group expands its alternative investment business, it said on Friday. Buckley, who was previously a manager at private equity firm THI Investments, is expected to boost the business of direct investments […]

May 9, 2022
Business
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LONDON, May 6 Reuters British Prime Minister Boris Johnson said on Friday that he had spoken to the bosses of oil majors Shell and BP and underlined the need for investment in the country amid soaring energy prices. Our message to them, and what is very, very clear, … this is a moment where we need you […]

May 9, 2022
Business
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ABUJA, May 8 Reuters Nigerian airlines have suspended plans to ground all local flights due to the soaring cost of jet fuel just hours before the move was due to take effect, the airline operators association said on Sunday. The Airline Operators of Nigeria has been under pressure from the government, consumer protection bodies and […]

May 9, 2022
Business
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H1 earnings fall 12, but top estimates Company maintains 2024 cost plan Shares climb 3 4,000 jobs cut in H1 May 9 Reuters Australia39;s Westpac Banking Corp said on Monday it was on track to meet its expense targets by 2024 even as inflation drives peers to abandon their costcut plans, while the lender39;s halfyear earnings […]

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Euro Swerves Volatility as Risk Aversion Permeates Markets to Boost Japanese Yen

Ukraine Hopes to Boost Export Capacity by 50 in Coming Months

Pentup Demand Prompts European Travel Recovery as COVID Curbs Ease

Bitcoin Prices Approach July Low as APAC Traders Brace for More Selling

China Oil Imports Rebound in April, but Weak Fuel Demand Weighs on Tefiners

Here’s what U.S. yield curve inversion means for the S&P 500 outlook

Pictet Names Buckley, Klein to Alternative Investment Roles

UK PM Johnson Discusses Investment with Bosses of Shell, BP

Nigerian Airlines Suspend Plans to Ground Local Flights over Cost of Jet Fuel

Westpac Maintains 2024 Cost Target, Profit Tops Estimates

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