June 2023 – Page 48 – UAG Trade Asia

WE Soda Confirms London Listing Plan after Considerable Investor Interest

June 7, 2023
Finance
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LONDON, June 7 Reuters WE Soda, the world39;s largest producer of natural soda ash, confirmed on Wednesday it was seeking a London Stock Exchange listing after receiving considerable interest from potential investors. The final offer price …, together with the maximum number of shares to be sold in the offer, will be determined following a […]

June 7, 2023
Finance
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MUMBAI, June 7 Reuters The Indian rupee was trading higher on Wednesday tracking Asian peers, but dollar buying by oil companies capped its advance, traders said. The rupee was at 82.55 to the U.S. dollar by 1030 a.m. IST, up from 82.6050 in the previous session. The same story is playing out of dips on […]

June 7, 2023
Finance
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Retail leads sectoral gains Danske Bank jumps on raising profit goal ECB hikes may take longer than usual to make impact Schnabel June 7 Reuters Madrid stocks rose on Wednesday after Zaraowner Inditex39;s strong quarterly showing, while its other European peers lagged as luxury companies dipped on weak China trade data. The panEuropean STOXX 600 […]

June 7, 2023
Finance
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Retailers up on Zaraowner Inditex39;s strong update House prices post first annual drop since 2012 Halifax Croda falls on Goldman Sachs rating downgrade Harbour jumps on report of merger talks with Talos FTSE 100 down 0.1, FTSE 250 off 0.2 June 7 Reuters Britain39;s main stock indexes slipped on Wednesday as shares of homebuilders dipped […]

June 7, 2023
Business
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Bank aims for 13 ROE, costincome ratio of 45 Exits Norwegian retail business Dividend payout to resume at H1 results 50 bln DKK dividend payout expected from 2023 to 2026 COPENHAGEN, June 7 Reuters Danske Bank on Wednesday raised its longterm earnings target and said it plans to divest its Norwegian retail business as part of […]

June 7, 2023
Oil
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TOKYO, June 7 Reuters Oil extended losses on Wednesday as concerns over global economic headwinds deepened, erasing the price gains booked after top crude exporter Saudi Arabia39;s surprise weekend pledge to deepen output cuts. Brent crude futures were down 40 cents, or 0.5, at 75.89 a barrel at 0456 GMT. The U.S. West Texas Intermediate […]

June 7, 2023
Uncategorized
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SYDNEY, June 7 Reuters Australia39;s economy grew at the weakest pace in 112 years last quarter as high prices and rising interest rates sapped consumer spending, while emerging signs pointed to further softness ahead amid elevated borrowing costs and a slowdown in global growth. Data from the Australian Bureau of Statistics on Wednesday showed real […]

June 7, 2023
Finance
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SINGAPORE, June 7 Reuters The dollar wobbled on Wednesday as expectations of a rate hike by the Federal Reserve next week receded, though currency moves were subdued as traders contemplated whether an end to the global monetary policy tightening cycle was near. The Aussie scaled a fresh threeweek high in the wake of a rate […]

Gold Gets its Groove as Markets Consolidate across the Board. Where to for XAU/USD?

The gold price shrugged off a press lower earlier this week with key macro events out of the way, attention might turn toward what the Federal Reserve will do next week. Higher XAU/USD?

Asia Day Ahead: Modest gains in Wall Street, with economic data on watch in Asia

Wall Street added modest gains to their recent rallies overnight, as the VIX pushed to yet another new low since February 2020.

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WE Soda Confirms London Listing Plan after Considerable Investor Interest

INR Inches Up, Incessant USD Bids Remain Hindrance, Trader

Spanish Stocks Outshine European Peers as Inditex Jumps

British Stocks Slip on Homebuilders, Chemicals Drag; Retailers Climb

Danske Bank Raises Profit Goal, Puts Norway Retail Unit Up for Sale

Oil Extends Losses as Economic Slowdown Concerns Return

Australia Q1 GDP Growth Hits Weakest Pace in 112 Years as Consumers Struggle

Dollar Shaky as Traders Ponder Fed, Global Monetary Policy Outlooks

Gold Gets its Groove as Markets Consolidate across the Board. Where to for XAU/USD?

Asia Day Ahead: Modest gains in Wall Street, with economic data on watch in Asia

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