May 2022 – Page 53 – UAG Trade Asia

Burger King Parent Restaurant Brands Tops Quarterly Sales Estimates

May 3, 2022
Business
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May 3Reuters Restaurant Brands International Inc, beat estimates for quarterly revenue on Tuesday, boosted by higher prices and increased traffic at the Burger King parent39;s restaurant chains as more consumers stepped out of their homes and resumed prepandemic habits. Like rivals McDonald39;s Corp and Starbucks Corp, Restaurant Brands which usually caters to lowerincome consumers has raised prices […]

Gold Technical Outlook: Gold Searches a Low- XAU/USD at Major Levels

Gold prices have plunged towards critical support objectives ahead of major event risk into the monthly open. Levels that matter on the XAU/USD technical charts

May 3, 2022
Finance
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We talk with a crypto banker, who breaks down some deal trends in the rapidly growing space.

German Unemployment Sinks in April as Pandemic Measures Ease

BERLIN, May 3 Reuters German unemployment fell in April, Labour Office figures showed on Tuesday, though the effect of the war in Ukraine slowed a continued recovery seen since the lifting of coronavirus pandemic measures. The Federal Labour Office said the number of people out of work fell by 13,000 in seasonally adjusted terms to […]

US Dollar Price Action Setups Pre-FOMC: EUR/USD, AUD/USD, USD/JPY

The US Dollar is holding near resistance ahead of a massively important FOMC rate decision. Expectations are high – will the Fed deliver?

May 3, 2022
Oil
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China COVID19 lockdowns hurt nearterm demand EU set to finalise further Russia sanctions Coming up API supply report, 2030 GMT LONDON, May 3 Reuters Oil slipped about 1 on Tuesday as concerns about the demand outlook due to prolonged COVID lockdowns in China outweighed support from a possible European oil embargo on Russia over its […]

USD/CAD Technical Outlook: Big Level Lies Ahead Just Beneath 13000

USD/CAD is trading near an important level dating to 2019 that has been tagged as both support and resistance; will CAD make or break the level?

May 3, 2022
Finance
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Rates as of 0500 GMT Market Recap AUD was the focus of attention as the Reserve Bank of Australia RBA hiked by 25 bps to 0.35, a totally unforeseen move. Out of the 30 forecasts compiled by Bloomberg, five people thought theyd hike to 50 bps and six thought they wouldnt hike at all. The […]

Japanese Yen Wallows Near Historical Lows Against the US Dollar and the Swiss Franc.

The Japanese Yen remains vulnerable against the US Dollar and the Swiss Franc. While steady for now, if ranges break, how low can the Yen go?

May 3, 2022
Oil
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The price of crude is down more than 3 by the start of the New York trading session with a tugofwar around 100 a barrel of WTI. And this is a rather remarkable market reaction, given reports that EU countries are dropping their veto on the Russian oil embargo one by one. Germany, followed by […]

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Burger King Parent Restaurant Brands Tops Quarterly Sales Estimates

Gold Technical Outlook: Gold Searches a Low- XAU/USD at Major Levels

What Crypto M&A to watch from Jefferies banker: Bloomberg Deals

German Unemployment Sinks in April as Pandemic Measures Ease

US Dollar Price Action Setups Pre-FOMC: EUR/USD, AUD/USD, USD/JPY

Oil Slips on China Demand Worries, while EU Weighs Russia Oil Ban

USD/CAD Technical Outlook: Big Level Lies Ahead Just Beneath 13000

AUD Jumps as RBA hikes More than Expected; JOLTS report

Japanese Yen Wallows Near Historical Lows Against the US Dollar and the Swiss Franc.

Oil Preparing for Sharp Moves

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