April 2024 – Page 64 – UAG Trade Asia

BYD may Hand Back Top EV Seller Title to Tesla after Q1 Sales Decline

April 2, 2024
Business
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BEIJING, April 2 Reuters BYD, China39;s biggest electric vehicle EV maker, reported first quarter 2024 sales fell 43 compared to the fourth quarter of 2023, which may mean it will hand back the title of world39;s biggest EV seller to Tesla after winning it last year. BYD sold 300,114 EVs in the first quarter of this […]

Japanese Yen Sentiment Analysis and Outlook: USD/JPY, GBP/JPY, AUD/JPY

In this piece, we offer a comprehensive analysis of retail sentiment on the Japanese yen across three popular currency pairs: USD/JPY, GBP/JPY, and AUD/JPY. We also explore various scenarios guided by contrarian market signals.

April 2, 2024
Finance
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Gold hit alltime high of 2,266.59ounce on Tuesday U.S. dollar is near its highest in almost five months US manufacturing sector grows for first time in 112 years LONDON, April 2 Reuters Gold prices rose to a fresh record high on Tuesday as demand from momentumfollowing funds offset a strong U.S. dollar and the possibility […]

April 2, 2024
Finance
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MUMBAI, April 2 Reuters The Indian rupee gained on Tuesday, ducking the weakness in its Asian peers and instead finding support from exporters39; mild dollar sales and expectations of the central bank39;s intervention. The rupee was at 83.3625 against the U.S. dollar as of 1005 a.m. IST, mildly stronger than its close of 83.40 on […]

April 2, 2024
Finance
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TOKYO, April 2 Reuters The U.S. dollar hovered near a 412month peak against major peers on Tuesday as traders rushed to push back bets for the Federal Reserve39;s first interest rate cut this year. The dollar renewed a sixweek high versus the euro and was on the cusp of doing the same against sterling, after U.S. […]

April 2, 2024
Finance
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April 2 Reuters With weeks to go before India starts voting in a general election that the incumbent government is widely expected to win, Indian equity markets are uncharacteristically languid and not seeing the traditional preelection rally. Analysts say this time is different, pointing to a stellar rally in the past year, rich valuations and […]

April 2, 2024
Finance
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FTSE 100 up 0.7, FTSE 250 adds 0.5 Superdry dips as CEO drops buyout bid UK manufacturing data due at 0830 GMT April 2 Reuters British shares climbed on Tuesday, scaling their highest levels in more than a year, as a rise in prices of most resources lifted energy and metal mining stocks, while lender […]

April 2, 2024
Finance
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Previous Trading Days Events 29.03.2024 The latest inflation data, the personal consumption expenditures PCE price index figure, showed that U.S. prices moderated in February, with the cost of services outside housing and energy slowing significantly, keeping a June interest rate cut from the Federal Reserve on the table. the price index rose 0.3 last month […]

April 2, 2024
Finance
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BE Semiconductor Industries jumps on rating upgrade UK39;s Superdry falls as CEO drops buyout bid Ionos rises after winning government contract STOXX 600 up 0.1 April 2 Reuters European stocks kicked off the second quarter slightly higher, with focus on a string of economic data points including inflation data from Germany that could provide clarity […]

April 2, 2024
Uncategorized
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Japan won39;t rule out any options to combat excessive moves Suzuki stops short of threatening 39;decisive action39; Markets on alert of intervention as yen slides near 34year low TOKYO, April 2 Reuters Japanese Finance Minister Shunichi Suzuki said authorities were ready to take appropriate action against excessive exchangerate volatility, repeating his warning to yen bears […]

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BYD may Hand Back Top EV Seller Title to Tesla after Q1 Sales Decline

Japanese Yen Sentiment Analysis and Outlook: USD/JPY, GBP/JPY, AUD/JPY

Gold Hits Fresh Record High with Support from MomentumFollowing Funds

Rupee Inches Up, SideStepping Pressure on Asian Peers; Forward Premiums Slip

Dollar Ascendant; Fed Cut Bets Pared, Jawboning Props Up Yen

Traditional PreElection Rally Eludes Indian Stocks

CommodityLinked Stocks Boost London Equities to more than 1Y Highs

U.S. PCE Price Index 0.3 as Expected, U.S. Consumer Spending Jumped, U.S. Dollar Slipped, Bitcoin Stalled

Europe Stocks Kick Off Q2 Higher; German Data Awaited

Japan Warns of Action Against Excessive Yen Volatility

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