February 2023 – Page 30 – UAG Trade Asia

UK Economy Shows Zero Growth, Narrowly Avoiding Recession

February 10, 2023
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LONDON, Feb 10 Reuters Britain39;s economy showed zero growth in the final three months of 2022, figures from the Office for National Statistics showed on Friday, meaning it narrowly avoided entering recession. Economists polled by Reuters had forecast zero growth for the fourth quarter of the year. Monthly GDP data for December a month marked […]

February 10, 2023
Trading Strategies
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The Dow Jones and S&P 500 may fall as retail traders continue increasing net-long exposure on Wall Street. Will this open the door to resuming last year’s downtrend?

February 10, 2023
Trading Strategies
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The recent retreat in Hong Kong shares appears to be a pause and not a reversal of the uptrend. Indeed, breadth market indications and technical charts continue to paint a bullish story over the coming weeks. What are the signposts to watch?

February 10, 2023
Business
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BERLIN, Jan 27 Reuters Bosch ROBG.UL has agreed to increase its shareholding in Sweden39;s Husqvarna to roughly 12, making it one of the biggest shareholders, in a move to strengthen their battery alliance, the German auto parts maker said. Shares in Husqvarna, a garden equipment company, gained as much as 16 on Friday following the announcement. […]

February 10, 2023
Business
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Jan 27 Reuters Signify, the world39;s largest lighting maker, on Friday gave a more upbeat forecast for operating profitability for 2023, on the back of an improving situation in China. Signify, the former lighting arm of Philips, had earlier this month cut its fullyear forecast for 2022 for both profit margin and sales growth, citing a steeperthanexpected […]

Gold Prices Sink as US Dollar Rallies on Fading Fed Pivot Bets, Where to?

Gold prices fell on Thursday as hawkish Fedspeak and jobless claims data bolstered the US Dollar and Treasury yields. Is there more pain ahead for XAU/USD?

February 9, 2023
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MADRID, Jan 27 Reuters Spain39;s gross domestic product grew a fasterthanexpected 5.5 in 2022 as the country avoided a recession in the final quarter despite fears of a global slowdown, official data showed on Friday. Spain39;s GDP grew 0.2 in the fourth quarter from the previous quarter and 2.7 from the same quarter in 2021, […]

February 9, 2023
Finance
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German inflation data points to peaking prices European shares hit fresh ninemonth highs Chinese shares buck declining trend U.S. stock index futures firmer Chorus of Fed speakers caps sentiment LONDON, Feb 9 Reuters Stocks, crude oil and gold rose while the dollar eased on Thursday as investors sifted through earnings reports, German inflation data and […]

February 9, 2023
Finance
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Stanchart surges on report of FAD Bank pressing ahead with bid Entain tumbles as MGM says moved on amid MA speculation Watches of Switzerland Group slumps after quarterly trading update FTSE 100 up 0.7, FTSE 250 adds 0.1 Feb 9 Reuters UK39;s FTSE 100 hit an alltime high on Thursday, buoyed by a slate of […]

February 9, 2023
Finance
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Feb 9 Reuters Shares of Entain plc tumbled as much as 13 on Thursday after U.Sbased MGM Resorts International said it had moved on from pursuing an offer for the British gambling firm. Although MGM remains focused on online sportsbook BetMGM its joint venture with Entain it saw great potential in expanding LeoVegas, a Swedish online gaming […]

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UK Economy Shows Zero Growth, Narrowly Avoiding Recession

Dow Jones, S&P 500 Outlook: Retail Traders Boost Net-Long Bets. A Warning Sign?

Hang Seng Index Technical Outlook: A Pause, not a Reversal

Germanys Bosch to Increase Stake in Husqvarna to 12

Signify more Upbeat on 2023 Profitability, Skips Sales Outlook

Gold Prices Sink as US Dollar Rallies on Fading Fed Pivot Bets, Where to?

Spains Economy Grew 5.5 in 2022 after FasterThanExpected Last Quarter

Stocks Push Ahead as Earnings Counter Uncertainty over Interest Rates

Earnings, MA Chatter Lift FTSE 100 to Record High, Entain Tumbles

Entains Shares Tumble as MGM Scraps Buyout Plan

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