May 2022 – Page 41 – UAG Trade Asia

IKEA to Pay Russia Staff Through August

May 9, 2022
Business
No Comments

STOCKHOLM, May 8 Reuters IKEA has extended the period it will pay nearly 15,000 staff in Russia by three months, through August, and may continue to pay workers beyond that. The world39;s biggest furniture brand in early March said it would temporarily close stores and pause sourcing in Russia, citing supply chain disruption and challenging […]

British Pound Technical Forecast: GBP/USD Looks for Mercy at Support

A three-week collapse in the British Pound takes price towards longer-term support- bears are on notice. Levels that matter on the GBP/USD weekly technical chart.

Chinas Iranian Oil Imports Ease on Poor Margins, Lure of Russian Oil

April imports estimated at 650,000 bpd Vortexa Q1 Iran exports average 840,000 bpd, almost all to China Kpler Independent refiners face shrinking margins Displaced Russian Urals crude heading to China SINGAPORELONDON, May 9 Reuters China39;s Iranian oil imports in April came off peak volumes seen in late 2021 and early 2022 as demand from independent […]

Gold Price Forecast: Gold Threatens Larger Break, 1854 Support in Sight

Gold bears took another swing to start the week but for a second week in a row, 1854 is holding sellers at bay.

Australian Dollar Technical Forecast: AUD/USD Plunges to Key Support

Aussie plummeted nearly 9% off the April high with the decline now testing critical support at the 2020 low. Levels that matter on the AUD/USD weekly technical chart.

FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since Apr 27, 2022 when FTSE 100 traded near 7,459.00.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.

May 9, 2022
Finance
No Comments

In April, the US labour market maintained its impressive growth rate with 428K new jobs. This is higher than the expected 390K and in line with the increase a month earlier. The current employment rate was 1.2 million below its peak in February 2020 and fully reflected the state of full employment. The unemployment rate […]

May 9, 2022
Finance
No Comments

BENGALURU, May 9 Reuters Indian shares fell and the rupee hit an alltime low on Monday, weighed down by global economic growth worries due to tightening of lockdown in Shanghai and fears inflation could increase aggressive policy tightening from central banks. The NSE Nifty 50 index was down 0.67 at 16,301.85 at close, while the SP […]

May 9, 2022
Finance
No Comments

LONDON, May 9 Reuters Fewer than a fifth of actively managed emerging market equity funds have cut their exposure to Russian stocks to zero, data from Copley Fund Research shows, with a number of funds unable to sell out. Russia has been severed from global financial markets, and its stocks and bonds ejected from indexes […]

May 9, 2022
Finance
No Comments

Dollar index rises to almost 20yr peak AUD, NZD slide as Asia39;s stockmarkets tumble U.S. CPI data is next upside risk analysts SINGAPORE, May 9 Reuters The dollar hit a twodecade high on Monday as investors searched for safety and yield in the face of growing concern over slowing global economic growth and rising interest […]

Company

Account

Platforms

Capital Management

IKEA to Pay Russia Staff Through August

British Pound Technical Forecast: GBP/USD Looks for Mercy at Support

Chinas Iranian Oil Imports Ease on Poor Margins, Lure of Russian Oil

Gold Price Forecast: Gold Threatens Larger Break, 1854 Support in Sight

Australian Dollar Technical Forecast: AUD/USD Plunges to Key Support

FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since Apr 27, 2022 when FTSE 100 traded near 7,459.00.

US Jobs Report Sticking to the Trend

Indian Shares End Lower, Rupee Hits Record Low on Global Economic Drowth Fears

FourFifths of EM Funds Still Trapped in Russian StocksResearch

Dollar Hits 2Decade High amid Rising US Rates, Ukraine War

Corporate Office

Corporate Registered Office

Archives

Categories