Coffee Break: 31st March 2023

Coffee Break: 31st March 2023

Coffee Break World at a glimpse 31st March 2023

QUOTE “The only reason some people get lost in thought is because it’s unfamiliar territory.”

For Prices Scroll Down (ASIAN HOURS)

WORLD NEWS

  • Slower China factory activity growth challenges economic recovery prospects
  • Inflation in Japan's capital cools for 2nd month, remains above BOJ target,
  • salesman: three jobs to beat Argentina's 100% inflation
  • US labor market remains tight; corporate profits decline,
  • German inflation eases less than expected in March,
  • Joblessness among Saudis falls to 8% in fourth quarter,
  • Japan to restrict chip making equipment exports as it aligns with US China curbs,
  • Massachusetts regulator probes First Republic insiders' stock sales,
  • Wells Fargo to pay $97 mln for sanctions compliance failures
  • Trump criminally charged in New York, a first for a US ex-president
  • Senate Appropriations Financial Services and General Government Subcommittee hearing on President Biden's proposed budget request in Washington
  • China calls US debt trap accusation 'irresponsible',
  • North Korea executes people for South Korean videos, drugs
  • Over 1,000 migrants, angered by asylum policies, rush to U.S.-Mexico border,
  • Turkish parliament ratifies Finland's NATO accession as Sweden kept waiting
  • Jailed Malaysian ex-PM Najib loses final bid to review graft conviction
  • U.S. stresses need for 'Cold War'-era crisis mechanisms with China,
  • Protests after deadly shooting at the Covenant School in Nashville
  • Protesters demand action on guns at Tennessee statehouse
  • Former U.S. President Trump holds a campaign rally in Waco,
  • Trump seeks to make criminal allegations pay with 2024 fundraising drive, article with image
  • Nationwide protest over cost of living and President William Ruto's government in Nairobi
  • Kenya police, crowds clash in third wave of price rise protests,
  • Mexico arrests 5 after deadly fire at migrant detention center
  • Britain agrees to join trans-Pacific trade pact,
  • Japan foreign minister Hayashi to visit Beijing on Saturday
  • Southeast Asian finance leaders in talks on containing global risks
  • Taiwan calm in face of China raising tensions, President Tsai says in New York
  • Japan edges closer toward issuing digital yen with plans for new panel
  • South Korea data shows uneven economic recovery, suggests steady rates,
  • Russia seeking munitions from North Korea, White House says
  • Fire on Philippine ferry kills 29, including children; 225 rescued,
  • Five killed in stampedes at flour distribution sites in Pakistan,
  • Pakistan c.bank seen raising key rate to record 22% as inflation bites
  • Pakistan's central bank looks set to raise its key interest rate by 200 basis points to a record high of 22% at its review on April 4, as it struggles to bring down stubborn inflation,
  • South Korea's top financial regulator on Friday called on the country's major banking groups to cooperate with the government's efforts to help cut borrowing costs for vulnerable people.
  • Philippine c.bank: March annual inflation likely in 7.4%-8.2% range
  • Dollar to log quarterly drop as rate hike bets recede,

INDIA NEWS

  • From manual pricing to ChatGPT - How Air India is transforming under Tata
  • Thirty-five dead, 16 hurt after roof of stepwell collapses in India
  • At least 35 people were killed and 16 were injured after the roof of a stepwell in a temple complex collapsed in central India, a local government official said on Friday.
  • Hero MotoCorp names Niranjan Gupta as CEO,
  • Indian capital to boost COVID-19 testing amid jump in daily cases
  • India cancels licences of some drug firms in crackdown on fake products
  • Financials, IT aid Indian shares; Reliance jumps on demerger update,
  • Gold set for best month since July 2020 on banking turbulence,
  • Sanofi looks to spin off consumer business in India -
  • India's main opposition Congress party’s leader Rahul Gandhi holds a news conference at party’s headquarter in New Delhi
  • After Gandhi's conviction, signs of India's opposition uniting against Modi,
  • India exempts import tax on pricey rare disease medicines,
  • Indian edtech startup Unacademy is laying off 12% of its workforce, citing a funding winter and pressure to turn profitable, according to an internal mail from the company's chief executive
  • Fitch says two Adani entities face contagion risks, article with image
  • India's Prime Minister Modi speaks with the media inside the parliament premises on the first day of the budget session in New Delhi
  • Adani met Pimco and BlackRock for potential private bond placement

March 31st , 2023 (Asian Hours)

STOCKS

  • Index?????????????????????????????????Last??????????????????????% Change
  • ASX All Ordinaries???????????7,373.30??????????????+0.83%
  • Hang Seng?????????????????????20,461.23???????????????+0.75%
  • Nikkei 225??????????????????????27,995.62???????????????+0.77%
  • Shanghai SE????????????????????3,268.77???????????????+0.23%

COMMODITIES

  • Future??????????????????????????????????Last???????????????% Change
  • Brent????????????????????????????????????79.09 ??????????????-0.23%
  • Gold???????????????????????????????1,979.00??????????????-0.07%
  • Copper??????????????????????????????788.55 ??????????????-0.03%
  • CBOT Soybeans ???????????????1,470.50?????????????-0.27%

CURRENCIES

  • Exchange????????????Last???????% Change
  • EUR/USD????????????1.0897??-0.04%
  • GBP/USD????????????1.2382??-0.01%
  • JPY/USD??????????????0.0075??-0.27%
  • CNY/USD????????????0.1456??+0.10%

YIELDS

  • Name???Yield?????Change
  • US 10Y??3.568????+0.017
  • DE 10Y??2.375????+0.009
  • UK 10Y?3.503????-0.012
  • JP 10Y???0.331????+0.01

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