January 2023 – Page 6 – UAG Trade Asia

FTSE 100 Flat as Investors await Rate Decisions; Sainsburys Jumps

January 27, 2023
Finance
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FTSE 100 flat, FTSE 250 adds 0.1 Jan 27 Reuters UK39;s FTSE 100 was flat on Friday as jitters grew ahead of a slate of central bank decisions next week, although shares of Sainsbury39;s jumped after retail firm Bestway took a stake in the British supermarket group. The bluechip FTSE 100 index was unchanged by 0807 […]

January 27, 2023
Finance
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LONDON, Jan 27 Reuters The dollar edged up on Friday to pull away from multimonth lows against the euro and sterling, as investors began to train their sights on a slew of major central bank meetings next week. The U.S. Federal Reserve, European Central Bank and Bank of England are all due to make rate […]

January 27, 2023
Finance
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Jan 27 Reuters Sterling edged lower on Friday but was not far from its highest level in over seven months against the dollar. Investors expect the British economy39;s slowdown to end the Bank of England BoE tightening cycle soon, in a move which might weaken the pound in the shortterm. British privatesector economic activity fell at its […]

January 27, 2023
Business
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LONDON, Jan 26 Reuters Shell is considering exiting its home energy retail businesses in Britain, the Netherlands and Germany in the wake of tough market conditions, it said on Thursday. European energy suppliers have struggled over the past year with soaring wholesale prices and efforts by governments to shield consumers from rising bills. Shell said it […]

January 27, 2023
Business
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PARIS, Jan 27 Reuters LVMH shares, which hit a record high earlier this month, fell on Friday as some analysts aired disappointment at the company39;s margins, taking some of the shine off a fourthquarter sales rise. The French luxury goods group reported late on Thursday that its sales rose 9 in the fourth quarter as shoppers in Europe […]

January 27, 2023
Business
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STOCKHOLM, Jan 27 Reuters Sweden39;s HM reported on Friday a much larger than expected drop in SeptemberNovember profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags, sending its shares down 7 in early trade. Operating profit in the period, the world39;s secondbiggest fashion retailer39;s fiscal fourth […]

January 27, 2023
Oil
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Jan 27 Reuters Oil prices edged ahead for a second session on Friday, buoyed by strongerthanexpected U.S. economic growth and hopes of a rapid recovery in Chinese demand as COVID19 cases and deaths plunged from last month39;s peak levels. Brent futures gained 18 cents, or 0.2, to 87.65 a barrel by 0724 GMT, while U.S. […]

January 27, 2023
Forecast
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US equity market traders will be looking forward to next week’s action-packed data and earnings calendar and all the volatility it brings with it.

January 27, 2023
Uncategorized
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BERLIN, Jan 27 Reuters The tax revenues of Germany39;s federal and state governments increased by 7.1 in 2022 compared with the previous year, beating previous forecasts of a 6.4 rise, the finance ministry said on Friday. Federal and state governments39; tax revenue increased to a total of 814.9 billion euros 887.75 billion, according to the […]

January 27, 2023
Uncategorized
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LONDONFRANKFURT, Jan 27 Reuters Rising borrowing costs are giving a longawaited lift to Europe39;s beleaguered banks, but they come with a sting in the tail. Last year central banks ended a decade of rockbottom interest rates as the U.S. Federal Reserve and then the European Central Bank moved towards tightening. Two of Europe39;s big corporate […]

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FTSE 100 Flat as Investors await Rate Decisions; Sainsburys Jumps

Dollar Ticks Up ahead of Central Bank Meetings next Week

Pound Edges Down, but Still Close to Recent Highs vs Dollar

Shell Considers Exiting UK, German, Dutch Energy Retail Businesses

LVMH Shares Lose Recent Lustre as China Takes Margin Toll

Fashion Retailer HMs Profit Tumbles as Costs Bite

Oil Prices Advance on U.S. Growth, Chinese Recovery Hope

S&P 500 and Nasdaq 100: Get Ready for an Event Packed Week Ahead

German State Tax Revenues Up 7.1 in 2022 Finance Ministry

Rising Interest Rates have Sting in Tail for Europes Banks

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