March 2023 – Page 6 – UAG Trade Asia

Natural Gas Reinforces Support as Prices Attempt a Bullish Falling Wedge Breakout

Natural gas prices appear to have reinforced support following fading downside momentum. On the 4-hour chart, the heating commodity is trying to confirm a breakout above a bullish Falling Wedge.

March 29, 2023
Oil
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DNO shuts Kurdistan oil output as Iraq halts exports via Turkey API said to report US crude inventories fall 6.1 million barrels Coming up EIA supply report, 1430 GMT LONDON, March 29 Reuters Oil rose for a third session on Wednesday as a halt to some exports from Iraqi Kurdistan raised concerns of tightening supply […]

March 29, 2023
Finance
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LONDON, March 29 Reuters The British pound hit its highest level against the dollar in eight weeks on Wednesday as worries about the health of the global financial system continued to ease. The pound rose 0.1 against the dollar to 1.2359, its highest since Feb. 2. The euro rose 0.1 against sterling to 87.91 pence. […]

March 29, 2023
Finance
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PREVIOUS TRADING DAY EVENTS 28 March 2023 Announcements BoE Governor Bailey is giving a series of speeches after the bank raised rates to their highest level for 14 years. He warns firms that raising prices would be critical for the economy, hurting a lot of people and the bank would need to raise rates again. […]

March 29, 2023
Finance
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TOKYOLONDON, March 29 Reuters The dollar edged up against most major peers on Wednesday, steadying after recent declines, and gaining sharply against the yen which was volatile as the end of the Japanese fiscal year approaches. The dollar index , which tracks the currency against six peers, gained 0.15 to 102.64. It has fallen for […]

March 29, 2023
Finance
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Next slumps on reiterating annual profit decline Exportoriented companies rise as pound slides UP Global records worst day in over a month on profit fall FTSE 100 and FTSE 250 add 0.6, each March 29 Reuters UK stocks edged higher on Wednesday, supported by gains in banks on easing fears of a financial sector meltdown, […]

March 29, 2023
Finance
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Technology stocks rally, boosted by chipmakers UBS rehires Sergio Ermotti as CEO Aroundtown shares fall to new record low March 29 Reuters European shares rose on Wednesday, echoing an upbeat mood in Asian markets following Chinese tech giant Alibaba39;s breakup plans, while strong outlook from chipmaker Infineon and a CEO change at Swiss bank UBS further […]

March 29, 2023
Finance
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Some investors still holding onto gold analyst Asian shares surge on Wednesday Gold could pierce alltime highs this year MKS PAMP March 29 Reuters Prices of safehaven gold dropped on Wednesday as easing fears of a further contagion from the global banking crisis whetted appetite for riskier assets. Spot gold was trading 0.6 lower at […]

March 29, 2023
Business
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202223 profit up betterthanexpected 5.7 Sees prices up 7 in springsummer, up 3 in autumnwinter Maintains sales and profit guidance for 202324 LONDON, March 29 Reuters British fashion retailer Next reported a betterthanexpected 5.7 rise in annual profit on Wednesday and said it would not need to increase prices by as much as previously thought. However, […]

March 29, 2023
Business
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MILAN, March 29 Reuters Italy39;s top commercial broadcaster MFEMediaforeurope said on Wednesday its unit Mediaset had partnered up with Facebook owner Meta Platforms to fight online piracy. Under the multiyear partnership, Mediaset will work with Meta to implement a set of tools and systems to protect its unit Reti televisive Italiane RTI39;s copyrighted content, including live broadcasts. […]

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Natural Gas Reinforces Support as Prices Attempt a Bullish Falling Wedge Breakout

Oil Gains for 3rd Day on Kurdish Supply Concern, Easing Banking Fears

Pound Hits EightWeek High as Banking Worries Recede

US Inflation Expectations Remain Elevated, US Stocks Riskon

Dollar Steadies in Uneasy Market Calm

Financials Lift UK Stocks as Banking Fears Ebb

European Stocks Get Tech Lift, UBS Climbs on Naming Ermotti as CEO

Gold Retreats as Waning Banking Crisis Fears Dampen Demand

Britains Next sees Lower Clothing Inflation, Shares Dip on Cautious Outlook

Meta, Italys Mediaset Sign Deal Against Online Piracy

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