January 2023 – Page 38 – UAG Trade Asia

Gold Hits 8Month Peak as Bets of Slower Rate Hikes Dent USD

January 9, 2023
Finance
No Comments

U.S. CPI report due on Thursday Cenbank buying new focus area for gold analyst Jan 9 Reuters Gold prices hit an eightmonth high on Monday, as the dollar slipped on bets for slower U.S. interest rate hikes, while investors also cheered top bullion consumer China reopening its borders. Spot gold rose 0.4 to 1,873.72 per […]

January 9, 2023
Finance
No Comments

Industrials, Chinaexposed stocks boost STOXX 600 AstraZeneca down on deal to buy U.S.based CinCor Pharma Commoditylinked stocks lift FTSE 100 to mid2019 highs German industrial output rises in November STOXX 600 up 0.5, Germany39;s DAX up 0.3 Jan 9 Reuters European shares rose on Monday, extending the year39;s upbeat start to a second week, as […]

January 9, 2023
Finance
No Comments

LONDON, Jan 9 Reuters The U.S. dollar on Monday neared its lowest in seven months against other major currencies, after data last week suggested the Federal Reserve could slow the pace of its rate hikes, while China reopening its borders boosted riskier currencies. China39;s offshore yuan neared its highest in five months against the U.S. […]

January 9, 2023
Finance
No Comments

LONDON, Jan 9 Reuters European stock indexes rose in early trading on Monday, boosted by investors scaling back their expectations for U.S. Federal Reserve rate hikes and optimism about China39;s borders reopening. U.S. jobs data on Friday, which showed a jump in the workforce and easing wage growth, was interpreted by investors as an indication that […]

January 9, 2023
Finance
No Comments

BENGALURU, Jan 9 Reuters Indian shares settled higher on Monday, driven by broadbased gains for risky assets across regions after U.S. data hinted at less aggressive rate hikes and on hopes for global growth as China reopened its borders. Later in the day, investors will turn their focus to corporate health as IT major Tata […]

January 9, 2023
Finance
No Comments

Jan 9 Reuters The Russian rouble started the first full trading day of the new year on the front foot, advancing by more than 3 against the U.S. dollar to rebound from sixmonth lows hit in volatile trading at the end of 2022. At 1005 GMT on Monday, the rouble had passed through the 70mark […]

January 9, 2023
Uncategorized
No Comments

Taiwan Dec exports 12.1 yy vs 13.3 Reuters poll Exports to China 16.4 yy previous month 20.9 Finance ministry expects Jan exports 20 to 24 yy Ministry says decline to continue in Q1 TAIPEI, Jan 7 Reuters Taiwan39;s exports fell for a fourth straight month in December due to the worsening state of the global […]

January 9, 2023
Uncategorized
No Comments

BUENOS AIRES, Jan 8 Reuters Argentina and China have formalized the expansion of a currency swap deal, allowing the South American country to increase its depleted foreign currency reserves, the Argentine central bank said on Sunday. Argentina39;s government needs to rebuild reserves to cover trade costs and future debt repayments, and more reserves are a […]

Gold IG Client Sentiment: Our data shows traders are now at their least net-long Gold since Feb 18 when Gold traded near 1,896.09.

Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current Gold price trend may soon reverse higher despite the fact traders remain net-long.

Australian Dollar Leaps Despite Weak Data as the US Dollar Slides. Higher AUD/USD?

The Australian Dollar motored higher with the US Dollar giving up ground on the back of conjecture that the Federal Reserve might have wriggle room on looming hikes. Where to for EUR/USD?

Company

Account

Platforms

Capital Management

Gold Hits 8Month Peak as Bets of Slower Rate Hikes Dent USD

European shares Rise on China Reopening, Rate Hike Optimism

Dollar Slips near SevenMonth Lows after Jobs Data

Europe Stocks Rise on Soft Landing Hopes, China Reopening

Indian Shares End Higher Tracking Broad Gains; Q3 Results Eyed

Russian Rouble Gains 3 on First Working Day of 2023

Taiwan Exports Fall for 4th mth, Decline may Extend into Q1

Argentina and China Formalize Currency Swap Deal

Gold IG Client Sentiment: Our data shows traders are now at their least net-long Gold since Feb 18 when Gold traded near 1,896.09.

Australian Dollar Leaps Despite Weak Data as the US Dollar Slides. Higher AUD/USD?

Corporate Office

Corporate Registered Office

Archives

Categories