July 2022 – Page 7 – UAG Trade Asia

Inflation, Price Rise could Dent Indias Gold Demand WGC

July 28, 2022
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MUMBAI, July 28 Reuters India39;s gold demand in the first half of 2022 jumped 42 from a year ago but consumption in the second half could be lower than last year as higher inflation erodes disposable income, the World Gold Council WGC said on Thursday. Lower purchases by the world39;s secondbiggest gold consumer could weigh […]

July 28, 2022
Oil
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SINGAPORE, July 28 Reuters Oil rose more than 1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite among investors as lower crude inventories and a rebound in gasoline demand in the United States supported prices. Brent crude futures for September rose 1.13, or 1.1, to 107.75 a barrel […]

Dow Jones, S&P 500 Forecast: Traders Sell Wall Street as Fed Hikes, Will Stocks Rally?

The Dow Jones and S&P 500 soared despite a 75-basis Federal Reserve rate hike. Now, retail traders are selling Wall Street. Is this a sign further gains may come from stocks?

US Dollar Tanks on Tilting Fed Rate Hike Guidance Ahead of US GDP. Will USD Recover?

The US Dollar gave up ground today as the Federal Reserve changed tack on future rate move indications which was interpreted as less hawkish by the market.

July 28, 2022
Finance
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BENGALURU, July 27 Reuters Shares of India39;s Zomato surged nearly 7 on Wednesday after several analysts projected higher profits in the near term, recovering some losses from a sharp drop in their value after a share lockin period ended this week. Ant Groupbacked Zomato made a strong debut on the Mumbai market last year, but concerns about […]

July 28, 2022
Finance
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BENGALURU, July 27 Reuters Indian shares rebounded on Wednesday after a shaky start to the week, closing 1 higher, as Bajaj Finance and engineering major Larsen Toubro advanced on betterthanexpected earnings, offsetting investor worries ahead of the Federal Reserve39;s policy decision. The NSE Nifty 50 index closed 0.96 higher at 16,641.8, while the SP BSE Sensex rose […]

July 28, 2022
Finance
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Rate hikes in the U.S. have ramifications for trading with East Asian markets, like China and Japan, but not all markets have reacted similarly nor responded consistently.

July 28, 2022
Business
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Sees much higher 2022 revenues vs slightly higher before Sees slightly higher 2022 earnings, vs flat before Q2 adjusted EBIT 7.4 ahead of consensus BERLIN, July 27 Reuters MercedesBenz is boosting its supply chain by dealing directly with chipmakers and forming contingency plans to cut gas usage by up to 50 in Germany, it said on […]

July 28, 2022
Business
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Q2 profit double analyst forecast, year ago figure Applied to ECB for 1 bln euro buyback previously on hold Lending momentum easing in Q3, uncertainty weighs on fees MILAN, July 27 Reuters UniCredit raised its 2022 outlook on Wednesday after a surprisingly strong second quarter in which it cut exposure to Russia and moved ahead […]

July 28, 2022
Business
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ZURICH, July 27 Reuters Credit Suisse named asset management expert Ulrich Koerner as its new chief executive on Wednesday, the latest sign of churn at the Swiss bank that announced a strategic review as it struggles to recover from a series of scandals. Pressure had been mounting on current chief executive Thomas Gottstein for months […]

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Inflation, Price Rise could Dent Indias Gold Demand WGC

Oil Extends Gains as Risk Appetite Improves

Dow Jones, S&P 500 Forecast: Traders Sell Wall Street as Fed Hikes, Will Stocks Rally?

US Dollar Tanks on Tilting Fed Rate Hike Guidance Ahead of US GDP. Will USD Recover?

Zomato Shares Up nearly 7 as Analysts Project Bigger Order Volumes

India Shares Rise, Bajaj Finance, LT Jump on Strong Results

Historical comparison of East Asia rate movements during Fed rate hikes

MercedesBenz Bolsters Supply Chain, it Braces for Less Gas

UniCredit Ready for Economic Shocks after Bumper Quarter

Credit Suisse Names Koerner as CEO, Sets Strategic Review

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