January 2023 – Page 40 – UAG Trade Asia

Oil Prices Edge Up on Optimism over Chinas Reopening

January 6, 2023
Oil
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Brent, WTI rise over 1 on Friday, down 7 on weekly basis China eases mortgage rules, Lunar New Year trips forecast to double Saudi Arabia cut prices of Arab light crude to over 1year low SINGAPORE, Jan 6 Reuters Oil prices rose as much as 1 on Friday, extending gains from the previous session, supported […]

January 6, 2023
Finance
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U.S. nonfarm payrolls data due at 1330 GMT Gold prices up about 0.6 so far this week Prices set for correction if they fall below 1,818 analyst Jan 6 Reuters Gold prices inched higher on Friday after a sharp drop in the previous session, even as the dollar firmed ahead of a closely watched U.S. […]

January 6, 2023
Finance
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BENGALURU, Jan 6 Reuters Indian shares began 2023 with weekly losses, with investors nervous ahead of the earnings season after recent warnings by some major companies. Strong U.S. jobs data, which indicated the Federal Reserve could keep hiking rates, also weighed. On Friday, the Nifty 50 index closed 0.74 lower at 17,859.45. The SP BSE […]

January 6, 2023
Finance
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Broad rally extends, driving Hang Seng to 6month highs Dozens of mutual funds launch to catch mood Investors warn on chasing tourism, property gains SHANGHAISINGAPORE Jan 6 Reuters Chinese investors are doubling down on economic recovery bets, with a flurry of new fund launches this week riding on optimism about an end to COVID restrictions, […]

January 6, 2023
Finance
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Jan 6 Reuters Russia39;s rouble rose against the dollar and euro on Friday, as oil prices lifted during thin holiday trading. The rouble gained 0.55 against the dollar to 71.79 by 0735 GMT, and 0.86 against the euro to 75.57. The price of oil, Russia39;s main export, extended gains from the previous session amid hopes […]

January 6, 2023
Finance
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LONDON, TOKYO, Jan 6 Reuters Global equities were set to end the first week of 2023 on a tepid note and the dollar stood tall as fears of higher U.S. interest rates hit market sentiment. The MSCI World equity index traded steadily on Friday, on course for its fifth consecutive weekly drop despite a brief […]

January 6, 2023
Finance
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LONDON, Jan 6 Reuters The dollar held near an almost onemonth high on Friday, after U.S. economic data highlighted a stilltight labour market that could keep the Federal Reserve on its aggressive rate hike path. The number of Americans filing new claims for jobless benefits dropped to a threemonth low last week while layoffs fell 43 in […]

January 6, 2023
Finance
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Euro zone inflation data due at 1000 GMT Shell39;s LNG trading provides quarterly boost despite output drop U.S. FDA grants priority review to Roche drug Stellantis CEO warns of more auto plant closures STOXX 600 flat, up 3.4 so far in week Jan 6 Reuters European shares were poised for their best week in eight, […]

January 6, 2023
Business
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Clients spooked by sentiment, tightened spending Lowest profit since Q3 2014 Samsung39;s Q1 profit will likely show another slumpanalysts Shares up 1.4, outperforming broader market SEOUL, Jan 6 Reuters Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by twothirds to an eightyear low as a weakening global economy hammered memory chip prices and […]

January 6, 2023
Business
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LNG trading significantly higher in fourth quarter Austrlia plant outages weigh on output Shell to pay additional 2 bln in windfall tax LONDON, Jan 6 Reuters Earnings from Shell39;s liquefied natural gas LNG trading operations are likely to have been significantly higher in the fourth quarter of last year despite a sharp output drop owing to […]

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Oil Prices Edge Up on Optimism over Chinas Reopening

Gold Holds Ground as Investors Focus on U.S. Jobs Data

Indian Shares Begin 2023 with Weekly Losses on Earnings

Surging Recovery Bets on China Stocks Face Reality Check

Rouble Advances vs Dollar, Euro in Light Holiday Trade

Global Stocks Tepid before U.S. Jobs Test; USD Stands Tall

Dollar Hits FourWeek Peak on Resilient U.S. Jobs Market

European Shares Head for Best Week since Nov, Data in Focus

Samsungs Quarterly Profit Plunges to 8Y Low on Demand Slump

Shell LNG Trading Provides Quarterly Boost Despite Output Drop

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