April 2023 – Page 16 – UAG Trade Asia

Gold Gains on Dollar Drop as Markets Gauge Fed Rate Path

April 20, 2023
Finance
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Markets see 80 of 25bps hike in Fed39;s May meeting Path of least resistance looks higher for gold analyst April 20 Reuters Gold prices climbed on Thursday as the dollar dipped, lifting bullion from previous session39;s sharp retreat on uncertainty over the U.S. Federal Reserve39;s ratehike path fuelled by hawkish commentary from some policymakers. Spot […]

April 20, 2023
Finance
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Tech stocks hit by weak Tesla earnings Bond markets remain volatile U.S. debt ceiling woes clash with hopes of Fed rate hike pause SINGAPORE, April 20 Reuters World stocks pulled further away from multiweek highs touched earlier this week, with sentiment dampened by disappointing Tesla earnings and worries about the U.S. debt ceiling. The panEuropean […]

April 20, 2023
Finance
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MUMBAI, April 20 Reuters The Indian rupee is expected to consolidate at open against the U.S. dollar on Thursday, after falling below the important nearterm support level of 82.20 in the previous session. The nondeliverable forwards indicate the rupee will open at around 82.2082.25 to the U.S. dollar compared with 82.2250 on Wednesday. The rupee […]

April 20, 2023
Finance
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STOXX 600 index down 0.3 April consumer confidence data at 1400 GMT Sartorius drops on decline in Q1 sales Husqvarna jumps on stellar Q1 profit April 20 Reuters European shares fell on Thursday as sticky inflation spurred concerns of more rate hikes by the European Central Bank, while investors looked ahead to more corporate earnings. […]

April 20, 2023
Finance
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PREVIOUS TRADING DAY EVENTS 19 April 2023 Announcements At 900 the GBP experienced a great appreciation intraday as the inflationrelated figures were released. It is clear that the U.K. has an inflation problem as this has been reported on Wednesday with the 10.1 increase in its headline Consumer Prices Index. This was lower than Februarys […]

April 20, 2023
Business
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April 20 Reuters Tesla Inc39;s shares sank 8 on Thursday and dragged down other automakers after Chief Executive Elon Musk signaled the electricvehicle maker will keep cutting prices to drum up demand even after taking a big hit to profitability. Tesla shares were trading at 168 before the bell, with at least 15 analysts lowering their […]

April 20, 2023
Finance
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Lucid and Rivian lose more than $200,000 on every EV they sell, while Tesla’s bloated supply suggests its price cuts are a demand problem.

April 20, 2023
Uncategorized
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BENGALURU, April 20 Reuters India39;s economy will slow considerably this fiscal year as the global economic slowdown impedes domestic growth prospects, according to a Reuters poll, which showed inflation will remain elevated despite recent interest rate hikes. While the expected expansion would be faster than other major economies, it will be below the longterm average. […]

April 20, 2023
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HONG KONG, April 20 Reuters Large Chinabased fund managers are setting up shop in Hong Kong for the first time, seeking to fill Chinese investors39; appetite for U.S. dollarbased products and international exposure after the country reopened its borders. The foray by Chinabased funds into Hong Kong kicked off last year as China lifted years […]

April 20, 2023
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CRE high on worry list after rate hike surge European banks seen better sheltered than U.S. analysts But fault lines there, Germany, Nordics in focus LONDON, April 20 Reuters European banks appear better positioned than U.S. peers to weather any stress from commercial property after an interest rate surge, but that does not mean Europe […]

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Gold Gains on Dollar Drop as Markets Gauge Fed Rate Path

Tesla Miss, Debt Ceiling Jitters Dampen Stocks Upbeat Mood

Rupee Likely to Hold Firm after Weakening below Key nearterm Level

Europe Shares Fall, Sticky Inflation Fans Rate Hike Worries

UKs Skyhigh Inflation Euroareas Inflation Lower Rate Hikes to Continue, Oil Price Drops, US Stocks keep steady

Tesla Shares Sink as Musk Signals more Price Cuts Ahead

EV production outpacing demand replays age-old automaker problem

India Economic Growth seen Stuck in Low Gear Reuters poll

China Funds Flock to Hong Kong to Sate Mainland Investors

Crisis Radar Falls on Fault Lines in Europes Commercial Property

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