August 2023 – Page 67 – UAG Trade Asia

Surprise US Debt Downgrade Knocks Europe Stocks to 2wk Lows

August 2, 2023
Finance
No Comments

Fitch downgrade sparks riskoff mood Siemens Healthineers tumbles on profit drop JDE Peet39;s down on cutting profit target Aug 2 Reuters European shares tumbled to twoweek lows on Wednesday, dragged by broadbased losses, as investors fled riskier assets after a surprise downgrade on U.S. credit rating by Fitch. The panEuropean STOXX 600 index fell 1.7, touching […]

August 2, 2023
Finance
No Comments

PREVIOUS TRADING DAY EVENTS 01 August 2023 The Reserve Bank of Australia RBA decided to leave the cash rate target unchanged at 4.10 for a second straight month, saying past increases were working to cool demand, stating that it will proceed with more tightening if necessary. RBA forecast about headline inflation would return to within […]

US Ratings Downgrade Conundrum Unpacked

The dollar rallied as US Treasury yields fell supplemented by an ADP employment change beat ahead of the US trading session.

FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since Jul 20, 2023 when FTSE 100 traded near 7,644.70.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.

August 2, 2023
Finance
No Comments

As technology continues to reshape financial markets, regulators are developing a range of initiatives to mitigate emerging risks and provide clarity to financial market innovators.

August 2, 2023
Finance
No Comments

Global market structure continues to evolve as policymakers seek to re-calibrate existing regimes to enable more transparency and encourage investment.

August 2, 2023
Finance
No Comments

August’s risk, capital and financial stability Regulatory Brief covers the Fed’s Basel III proposal, the provisional political agreement on legislation to implement the remaining Basel III banking standards in the EU, and the Australian central bank’s examination of financial stability risks.

August 2, 2023
Finance
No Comments

From India to Abu Dhabi, the regulatory focus on green finance continues to strengthen as jurisdictions implement new rules and introduce further oversight to the sector.

August 2, 2023
Uncategorized
No Comments

SEOUL, Aug 2 Reuters South Korea39;s consumer inflation cooled more than expected in July to its slowest in 25 months, official data showed on Wednesday, supporting market views that the monetary tightening cycle was over contrary to the central bank39;s hawkish rhetoric. The consumer price index stood 2.3 higher in July than a year earlier, […]

August 2, 2023
Uncategorized
No Comments

Aug 2 Reuters From consumer goods giant Unilever to automaker Nissan and machinery maker Caterpillar, global firms have warned of slowing earnings in China as the world39;s secondlargest economy loses its postpandemic bounce. A continued rebound has been limited to a handful of sectors such as dining and luxury goods, driving doubledigit China sales growth for the […]

Company

Account

Platforms

Capital Management

Surprise US Debt Downgrade Knocks Europe Stocks to 2wk Lows

RBA Cash Rate Unchanged, JPY Pairs Upward, U.S. Stocks, Lower Metals Lower as USD Strengthens

US Ratings Downgrade Conundrum Unpacked

FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since Jul 20, 2023 when FTSE 100 traded near 7,644.70.

Global Regulatory Brief: Digital finance, August edition

Global Regulatory Brief: Trading and markets, August edition

Global Regulatory Brief: Risk, capital and financial stability, August edition

Global Regulatory Brief: Green finance, August edition

South Korea July Consumer Inflation Slowest in 25 Months

Major Global Firms Warn of Slow China Sales as PostPandemic Surge Fades

Corporate Office

Corporate Registered Office

Archives

Categories