Coffee Break World View 2 May

Coffee Break World View 2 May

Coffee Break World at a glimpse 2nd ?May 2023

QUOTES:

  • Failure is the condiment that gives success its flavor.”
  • “Taking naps sounds so childish. I prefer to call them horizontal life pauses.”
  • “If we’re not meant to have midnight snacks, why is there a light in the fridge?”
  • “The best thing about the future is that it comes one day at a time.”

American Markets Scroll down (data go to www.truedata.in)

WORLD NEWS

Hong Kong's economy grew 2.7% in the first quarter of 2023, John Lee, the leader of the Asian financial hub, said in a surprise announcement ahead of Tuesday's official release of the data, to snap four consecutive quarters of contraction.

US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet

Euro zone factory downturn deepened in April - PMI

The coronavirus disease (COVID-19) outbreak in Collegno

Italy's manufacturing sector contracts sharply in April - PMI

German manufacturing contracts in April but output ticks up -PMI

French manufacturing contracts further in April - final PMI

Australia central bank stuns with 25-bps hike, warns more might be needed

Turkish factory activity growth gathers pace in April -PMI

IMF raises Asia's economic forecast on China recovery, warns of risks

South Korea inflation hits 14-month low, backs view rate-hike cycle is over

Bank of Korea stands pat for second straight time, as expected

Bank of Korea sees rapid pace of inflation easing for awhile

S.Korea factory activity shrinks in April, marks longest downturn in 6 years - PMI

US job openings drop; layoffs hit highest level in more than two years

U.S. job openings fell for a third straight month in March and layoffs increased to the highest level in more than two years, suggesting some softening in the labor market that could aid the Federal Reserve's fight against inflation.

Food pushes Pakistan inflation to record 36.4% in April

Euro zone inflation picks up but core unexpectedly slows

Fed in stride to pole-vault 5% policy rate, then perhaps catch its breath

Soft lending and inflation data pave way for smaller ECB hike

Japan, S.Korea revive stalled economic talks as global risks rise

23rd trilateral meeting of Finance Ministers of South Korea, Japan and China

UK retailers report record food inflation but see falls ahead

South African rand slips with focus on local PMI, Fed this week

Rockets fired from Gaza towards Israel after death of Palestinian hunger striker

Thomson Reuters profit tops estimates as it plans AI push

Ford cuts prices of Mustang Mach-E after Tesla moves

Cryptoverse: Digital coins lure inflation-weary Argentines and Turks

Perfect storm in Minnesota labor market is worrying harbinger for the Fed

Erik Trump works at Daikin Applied Americas Inc. in Faribault

Demand for Daikin Applied Americas Inc's climate control equipment is soaring, and worker recruitment is in hyperdrive, with hiring trips to women's shelters and immigrant support groups and an open door for applicants with no high school degree or manufacturing experience.

, the U.S. crisis over the debt limit has been a political abstraction. Not anymore.

Could Biden avert a debt default by using the 14th Amendment?

US Democrats hold to 'clean' debt limit hike with no spending cuts attached -Schumer

Wall St falls on U.S. debt-ceiling jitters, Fed meet in focus

Palestinian Islamic Jihad leader Khader Adnan gestures as he speaks during a rally honoring him following his release, near the West Bank city of Jenin

Rockets fired from Gaza after Palestinian hunger striker dies in Israeli custody

On March 12, as several U.S. banks reeled from a crisis in confidence, JPMorgan Chase & Co put its might behind First Republic Bank, giving the troubled lender what

Ex-Minneapolis officer found guilty of aiding in George Floyd killing

Second anniversary of the death of George Floyd in Minneapolis

The Wider Image: King Charles' coming coronation stirs memories of queen 70 years ago

Preparations continue for Britain's King Charles and Camilla, Queen Consort, in

'Eco-friendly' King Charles to reuse historic garments for coronation

Ex-Minneapolis officer found guilty of aiding in George Floyd killing

US President Joe Biden and House Speaker Kevin McCarthy after the annual Friends of Ireland luncheon in Washington

US Democrats hold to 'clean' debt limit hike with no spending cuts attached -Schumer

Senator Manchin introduces new U.S. energy permitting bill

Pfizer leans on COVID products to top estimates

Uber branding is seen on a private hire vehicle

Uber confident on profit as ride-sharing rebounds in 2023

Fleeing Sudanese seek refuge in Chad

Sudan military faction chiefs agree May 4-11 truce in principle -South Sudan

Kenyan cult leader appears in court after more than 100 followers die, in Malindi

Uganda's President Yoweri Museveni wants trade barriers to come down, in Kisozi

Uganda parliament passes harsh anti-LGBTQ bill mostly unchanged

German Chancellor Scholz visits Red Cross emergency point in Koblenz

Scholz's East Africa trip to address regional conflict, green energy

Palestinian Islamic Jihad leader Khader Adnan gestures as he speaks during a rally

Rockets fired from Gaza after Palestinian hunger striker dies in Israeli custody

Turkish raid prompted ISIS leader to detonate suicide vest

Protests against Israel's judicial overhaul and dismissing the defense minister, in Jerusalem

Israeli opposition leader says no progress on judicial overhaul talks

Israeli attack puts Syria's Aleppo airport out of service, one soldier killed -state media

PGA: Charles Schwab Cup Championship - First Round

On March 12, as several U.S. banks reeled from a crisis in confidence, JPMorgan Chase & Co put its might behind First Republic Bank, giving the troubled lender what two sources said was a $10 billion financing.

Branch of PNC Bank, a subsidiary of PNC Financial Services Group, in Washington

Erik Trump works at Daikin Applied Americas Inc. in Faribault

NYSE to delist First Republic Bank shares

Japan's automakers have a made-in-China sales crisis

Fed in stride to pole-vault 5% policy rate, then perhaps catch its breath

Wall St falls on U.S. debt-ceiling jitters, Fed meet in focus

Google AI pioneer says he quit to speak freely about technology's 'dangers'

The Bryan Mound Strategic Petroleum Reserve is seen in an aerial photograph over Freeport, Texas

Oil falls 4% to five-week low on U.S. default worries, weak economic data

IBM to pause hiring in plan to replace 7,800 jobs with AI - Bloomberg News

US regional bank stocks fall for second day as First Republic failure weighs

American Airlines pilots authorize a strike mandate

U.S. President Joe Biden holds event marking National Small Business Week at the White House in Washington

JPMorgan deal forces Biden administration to defend record on mergers

INDIA NEWS

  • Exclusive: India, China propose 'multiple pathways' on cutting use of fossil fuels-sources
  • India, backed by China, is trying to build a consensus within the G20 group to let countries choose a roadmap to cut carbon emissions instead of setting a deadline to end the use of fossil fuels, three Indian government officials said.
  • Earnings, FII buying boost Indian shares ahead of Fed rate decision
  • ?new vehicle is seen on the assembly line at Tata Motors' plant in Pimpri
  • Indian automakers post lacklustre April commercial vehicles sales growth
  • India's Go First airline files for bankruptcy, blames Pratt & Whitney engines
  • Cash-strapped Indian airline Go First filed for bankruptcy proceedings on Tuesday, blaming "faulty" Pratt & Whitney engines for the grounding of about half its fleet.
  • India's Tata Steel Q4 profit slumps 83%
  • India's Adani-owned Ambuja Cements' Q4 profit rises as infra spending steps up
  • India's DCM Shriram posts 54% fall in Q4 profit as costs surge
  • India's DCM Shriram Ltd reported a 53.5% fall in its fourth-quarter profit on Tuesday, hurt by a rise in raw material and power costs.
  • Indian miner Hindustan Zinc's all-cash bid for Vedanta's assets lapses - sources
  • India's NMDC in talks with Australia's Hancock for lithium mining - source
  • Carlyle, India's Premji Invest eye stake in auto loan firm TVS Credit -sources
  • Cash-strapped Indian airline Go First Airways filed for voluntary insolvency resolution proceedings in the National Company Law Tribunal on Tuesday.
  • Kohli, Gambhir docked full match fees over IPL altercation
  • Indian rupee ends lower as investors cover dollar shorts ahead of key rate meetings
  • Rupee higher, unperturbed by weak Asian peers and Fed risk
  • Chinese foreign minister to visit Myanmar, India this week
  • Pepsi bottler Varun Beverages posts Q1 profit jump; announces stock split
  • India cuts windfall tax on petroleum crude

Rates American Hours

STOCKS

  • Index????????????????????????Last???????????????????????????% Change
  • S&P 500??????????????????4,118.25???????????????????-1.19%
  • Dow Jones??????????????33,647.01????????????????-1.19%
  • Nasdaq????????????????????12,089.94????????????????-1.00%
  • FTSE 100????????????????7,773.03???????????????????-1.24%

COMMODITIES

Future ????????????????????Last????????????????% Change

  • Brent Crude Oil???????75.56????????????-4.73%
  • Gold??????????????????????????2,016.20????????+1.65%
  • Copper?????????????????????739.10???????????-1.44%
  • CBOT Soybeans?????1,442.75????????-0.82%

CURRENCIES

  • Exchange?????Last???????????????% Change
  • EUR/USD?????1.0998???????????+0.21%
  • ?GBP/USD????1.2472???????????-0.19%
  • JPY/USD??????0.0073???????????+0.72%
  • CNY/USD?????0.1447???????????

YIELDS

  • Name ???????????Yield??Change
  • US 10Y?????????3.437?-0.137
  • DE 10Y?????????2.258?+0.007
  • UK 10Y?????????3.663?-0.005
  • JP 10Y??????????0.43???+0.009

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