Monday, 12 June 2023

Telegram.me/AlliesFin #StockMarket #india's Post

Global bits

MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.17%. The index is up 4% for the month. Japan's Nikkei rose 0.7%, while E-mini futures for the S&P 500 rose 0.15%.

European shares slip as central-bank meetings loom, Croda falls on profit warning

The BOJ is expected to maintain ultra-loose monetary policy this week and its forecast for a moderate economic recovery, as robust corporate and household spending cushion the blow from slowing overseas demand, sources told Reuters.

Elsewhere, the Turkish lira slid to another all-time low of 23.77 per dollar.

U.S. crude eased 0.34% to $69.93 per barrel and Brent was at $74.49, down 0.4% on the day. Both benchmarks notched their second straight weekly decline last week as disappointing China economic data raised concerns about demand growth in the world's largest crude importer.

Iraq approves record $153 bln budget including big public hiring

Major Gulf bourses end lower on falling oil prices

Dollar steady, with Fed pause eyed in busy c.bank week

South Korea sea salt demand grows ahead of Japan's Fukushima contaminated water release

Nigeria's President Tinubu suspends central bank governor

TSX adds to weekly decline as economy sheds jobs

Tesla jumps as GM deal makes its charging network closer to US standard. S&P and NASDAQ at 2023 highs.

Several Chinese lenders cut yuan deposit rates from Monday

Japan's wholesale inflation eases, goods close to consumers continue to rise

French shoppers should pay less for their food from next month, Finance Minister Bruno Le Maire said on Friday, after he secured a pledge from 75 food companies including Unilever to cut prices on hundreds of products.

The companies, which together make 80% of what the French eat, could face financial sanctions if they don't follow through, Le Maire said.

UK housing market strains grow as mortgage rates creep higher

Billionaire George Soros hands control of empire to son Alex

UK must seize opportunities of AI to remain a tech capital, Sunak says

Sri Lanka lifts import limits on 286 items as crisis eases

China's central bank upbeat on Q2 GDP growth, confident on 2023 targets

China's factory deflation steepens as demand wanes

Chinese investors flock to Riyadh conference seeking new markets, capital

China mutual fund sales dry up amid market gloom

Swiss National Bank Chairman hints at rate rises to tackle inflation

Australia recession risk heightens after RBA warns of bumpy path to low inflation

Russian central bank gives most hawkish signal this year as it holds rates

U.S. equity funds post biggest weekly outflow in 10 weeks

Source: Reuters
By: via Telegram.me/AlliesFin #StockMarket #india

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https://x.com/cnbctv18live/status/1870100490643747026?s=52 By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/Al...