May 2023 – Page 25 – UAG Trade Asia

Indias WPI Falls for First Time in 3 Years in April

May 15, 2023
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April WPI falls 0.92 on year vs 1.34 rise in March April food WPI up 0.17 vs 2.32 in March WPI easing for the last 11 months NEW DELHI, May 15 Reuters India39;s annual wholesale price index WPI fell for the first time in nearly three years in April, as prices softened across the board. […]

May 15, 2023
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BEIJING, May 15 Reuters Major Chinese cities have issued heat advisories, with Beijing expected to swelter in 36 Celsius 97 Fahrenheit temperatures on Monday, as China braces for recordbreaking heat that could threaten electricity supply, crops and a fragile economy. China has suffered from heat waves in several regions since March. Yunnan province in the […]

May 15, 2023
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MUMBAI, May 15 Reuters The Indian rupee inched lower on Monday, bogged down by the fall in Asian peers, while forward premiums reached their lowest since February. The rupee was quoted at 82.20 per U.S. dollar by 1054 a.m. IST, down from 82.1625 in the previous session. The rupee had fallen by 0.4 last week, […]

May 15, 2023
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PREVIOUS TRADING DAY EVENTS 12 May 2023 Announcements The monthly change in GDP figure was reported on Friday. It is estimated to have fallen by 0.3 in March 2023, after showing no growth in the previous month. According to output data, U.K.s economy declined sharply in March, after growing by 0.1 in the first three […]

May 15, 2023
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SINGAPORE, May 15 Reuters The U.S. dollar fell slightly from a fiveweek high on Monday after a period of strength that has confused analysts. Meanwhile, The Turkish lira sank to a twomonth low as weekend elections looked headed for a runoff, while the Thai baht rallied after a more decisive election result. The euro was […]

May 15, 2023
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Biden meets lawmakers on Tuesday on debt ceiling A host of Fed officials due to speak this week Thai baht rallies after opposition39;s election win SYDNEY, May 15 Reuters World stocks rose on Monday on cautious optimism ahead of this week39;s deliberations over the U.S. 31.4 trillion debt ceiling, a raft of economic data due […]

May 15, 2023
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May 15 Reuters Major Gulf indexes dropped in early trade on Monday, tracking oil prices lower, with the Dubai bourse leading losses. Crude prices a key catalyst for the region39;s financial markets fell as concerns about fuel demand in top global oil consumers, the U.S. and China, offset bullish sentiment about tightening supplies due to OPEC […]

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Indias WPI Falls for First Time in 3 Years in April

Chinese Cities Broil in Heat, Brace for more Record Temperatures

INR Falls on Weak Asian Peers, Premiums at 3Month Low

MCSI Down Expecting Rising Prices, U.K.s Weak Output Data

Dollar Slips from 5Week High; Turkish Lira Drops

World Stocks Climb on Hopes of Successful Debt Ceiling Outcome

Major Gulf Markets Fall on Lower Oil Prices

Bitcoin & Ethereum Week Ahead: Cracks in the Rally?

Japanese Yen Retreats as US Dollar Takes Flight Despite Debt Debacle. Higher USD/JPY?

S&P 500, Nasdaq Week Ahead: Resilience or a Lull Before the Storm?

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