December 2022 – Page 2 – UAG Trade Asia

Japans Biggest Banks to Raise Housing Loan Rates after BOJs Policy Tweak

December 30, 2022
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TOKYO, Dec 30 Reuters Japan39;s three biggest banks said on Friday they would raise interest rates for housing loans for next month, reflecting the Bank of Japan39;s tweak in its ultraloose policy. Sumitomo Mitsui Banking Corp, the main banking unit of Sumitomo Mitsui Financial Group, will raise 10year fixedrate loans by 0.26 percentage point to […]

December 30, 2022
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SHANGHAI, Dec 30 Reuters Chinese tech giant Huawei Technologies Co Ltd HWT.UL estimated on Friday its 2022 revenue remained flat, suggesting that its sales decline due to U.S. sanctions had come to a halt. Despite sales increasing a mere 0.02, rotating chairman Eric Xu struck an upbeat tone in the company39;s annual New Year39;s letter, […]

December 30, 2022
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LONDON, Dec 30 Reuters British annual house price growth marked a further sharp slowdown in December, mortgage lender Nationwide said, ending the year on a downbeat note as the impact of surging mortgage costs reversed some of the pandemicled boom in the market. The lender also said that the final month of 2022 saw prices […]

December 30, 2022
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ZURICH, Dec 30 Reuters The Swiss National Bank increased its forex sales to 739 million Swiss francs 799.35 million during the third quarter of 2022, the central bank said on Friday, showing how its focus has switched from stemming the safehaven currency39;s strength to fighting inflation. The figure was an acceleration from the 5 million […]

December 30, 2022
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FTSE 100 down 0.4, FTSE 250 ticks 0.1 lower Dec 30 Reuters UK39;s bluechip FTSE 100 edged lower on Friday as defensive sectors such as healthcare and consumer staples fell, although the index was among the rare bright spots in a year marked by economic worries and political instability. The FTSE 100, which houses several […]

December 30, 2022
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ANKARA, Dec 30 Reuters Turkey39;s central bank said on Friday it aims to lift the share of lira deposits to 60 of all deposits in the banking system over the next six months, and vowed to continue using regulations to support access to credit. Lira deposits now account for 53 of the total. In its […]

December 30, 2022
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Dec 30 Reuters Spanish consumer prices rose 5.8 in December at their slowest annual pace this year, thanks to lower electricity prices compared to a year ago, flash data from the National Statistics Institute INE showed on Friday. Still, core inflation, which strips out volatile fresh food and energy prices, was at 6.9 yearonyear, higher […]

December 30, 2022
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SHANGHAI, Dec 30 Reuters Chinese fund managers who made big bets on energy companies are celebrating a year that was brutal for many of their peers. Huang Hai, who manages three funds for Wanjia Asset Management, far outperformed the market by wagering on energy stocks such as CNOOC , China Shenhua Energy and Shaanxi Coal. His […]

December 30, 2022
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Gold and crude oil prices have been maintaining a near-term upside technical bias. But, both are showing increasing signs of fading momentum. What are key levels to watch ahead?

December 29, 2022
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LONDON, Dec 29 Reuters European stock indexes were mixed on Thursday as global recession fears weighed on markets and soaring COVID19 cases in China countered earlier optimism about the country dropping its strict zeroCOVID policy. China39;s health system has been overwhelmed after the country reversed its lockdown and testing regimes earlier this month. The United States, India, […]

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Japans Biggest Banks to Raise Housing Loan Rates after BOJs Policy Tweak

Chinas Huawei sees Business as Usual as U.S. Sanctions Impact Wanes

UK House Prices End 2022 on Weaker Note after Pandemic Boom

Swiss National Bank Steps Up Forex Sales During Q3

UKs FTSE 100 Slips in Last Trading Session of 2022

Turkey C.Bank Targets 60 Lira Deposits in Banks by Mid2023

Spains 12Month Inflation Slows Down again in Dec to 5.8

China Funds with Energy Bets Stand Out in a Bleak Year

Gold and Crude Oil Forecast: As Momentum Slows, Here are Levels to Watch Ahead

Europe Stocks Mixed in Choppy Markets, Wall St Futures Up

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