May 2023 – Page 43 – UAG Trade Asia

Indonesia Economy Likely Grew 4.95 on Year in Q1

Q1 GDP growth forecast 4.95 yy, vs 5.01 in Q4 Q1 GDP forecast 1.00 qq, vs 0.36 in Q4 Data due on Friday, May 5 BENGALURU, May 3 Reuters Indonesian annual economic growth likely slowed to its weakest in more than a year in JanuaryMarch and shrank on a quarterly basis as lower commodity prices […]

Turkish Inflation Slows to 44 ahead of Landmark Election

ANKARA, May 3 Reuters Turkish annual inflation slowed to 43.68 in April, official data showed on Wednesday, easing ahead of elections that polls show President Tayyip Erdogan risks losing largely due to a costofliving crisis. Unorthodox rate cuts sought by Erdogan sparked a currency crisis in late 2021, sending inflation to a 24year peak of 85.51 last year. […]

May 3, 2023
Finance
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SINGAPORE, May 3 Reuters The dollar eased on Wednesday, with investors expecting a hike in U.S. interest rates later in the day, but unsure how long the Federal Reserve will keep policy tight considering the latest gloomy jobs data and U.S. debt ceiling and banking sector risks. U.S. job openings fell for a third straight month […]

May 3, 2023
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May 3 Reuters European shares rose on Wednesday as investors turn optimistic that U.S. Federal Reserve may signal a pause in its 14month tightening cycle after raising interest rates for the last time later in the day. The panEuropean STOXX 600 index inched up 0.2 by 0715 GMT, after a sharp selloff in the previous session. […]

May 3, 2023
Finance
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FTSE 100 up 0.5, FTSE 250 adds 0.3 May 3 Reuters UK stocks rose on Wednesday after a sharp selloff in the previous session, with markets keenly awaiting the U.S. Federal Reserve39;s interest rate decision later in the day. The bluechip index was up 0.5 as of 0723 GMT and the midcaps index rose 0.3. Most sectors […]

May 3, 2023
Finance
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Fed rate decision due at 1800 GMT Perth Mint39;s April gold sales slip mm US job openings drop in March May 3 Reuters Gold prices held steady above the key 2,000level on Wednesday, while investors turned their attention to the U.S. Federal Reserve39;s interest rate decision due later in the day. Spot gold was trading […]

May 3, 2023
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PREVIOUS TRADING DAY EVENTS 02 May 2023 Announcements Shock interest rate rise from the Reserve Bank of Australia RBA yesterday, 2nd May. RBA decided to increase the cash rate target by 25 basis points to 3.85. RBA also said that some further tightening may be required to ensure that inflation returns to target in a […]

May 3, 2023
Finance
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Scope 3 greenhouse gas (GHG) emissions have significant environmental impact, but little is known about them.

May 3, 2023
Finance
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Following its exit from the EU, the UK is rethinking and recalibrating its regulatory approach to financial services and capital markets.

Australian Dollar Price Setup: EUR/AUD, GBP/AUD, AUD/JPY

The Australian dollar has rebounded against some of its peers as the Reserve Bank of Australia unexpectedly raised interest the cash rate by 25 basis points at its meeting on Tuesday. Is this a sign that AUD is gearing up for a larger retracement?

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Indonesia Economy Likely Grew 4.95 on Year in Q1

Turkish Inflation Slows to 44 ahead of Landmark Election

Dollar in Defensive Mood after Jobs Data; Spotlight on Fed

European Shares Rise ahead of Fed Rate Decision

London Stocks Gain ahead of Fed Rate Decision

Gold Holds Ground above 2,000 as Fed Rate Decision Looms

U.S. Job Openings Decreased, USD Dives Amid FOMC, Gold Jumps

Closing the scope 3 GHG emissions data gap

A new dawn? UK financial market regulation after Brexit

Australian Dollar Price Setup: EUR/AUD, GBP/AUD, AUD/JPY

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