Coffee Break World View 27 May

Coffee Break World at a glimpse 27th May 2023

QUOTES

• "Be strong," I whispered to my WiFi signal.
• My favourite childhood memory is not paying bills.
• I can't believe I forgot to go to the gym today. That's 7 years in a row now.
• Stop trying to make everyone happy. You're not tequila.

US Close 27th May Scroll down (data go to www.truedata.in)

WORLD MARKETS

• Strong US consumer spending, inflation readings put Fed in tough spot
• Fed 'pause' on rate hikes in doubt after strong US data
• Turkish lira's long decline a symbol of strife
• As US credit risk looms, former S&P officials see 2011 downgrade as vindicated
• Mexican economy grew for sixth consecutive quarter in Q1
• Japan unveils policy blueprint featuring childcare, no mention of funding
• No deal on debt, U.S. pushes back default date
• Democratic and Republican negotiators struggled on Friday to reach a deal to raise the U.S. government's $31.4 trillion debt ceiling, as they remained at odds over whether to stiffen work requirements for some anti-poverty programs.
• U.S. stocks end sharply higher on debt ceiling optimism
• Resiliency of consumer 'will eventually fade' -CIO
• 'Tight monetary policy' needed to tame U.S. inflation -IMF
• The Independent National Electoral Commission declares Bola Tinubu winner of
• Slimmed-down U.S. debt ceiling deal takes shape
• South Africa lifts interest rates to 14-year high to fight inflation
• APEC trade chiefs agree on more inclusive trade, but no joint statement
• US Trade Rep Tai exchanges objections with China's commerce minister in Detroit
• Ukraine says Russia plans to simulate accident at nuclear power plant
• Treasury's Yellen says June 5 is last date for debt ceiling to be raised
• Francisco Partners, TPG end talks to buy New Relic
• IMF, others should give $100 billion climate foreign-exchange guarantee, document says
• India’s electricity supply improves in cooler pre-monsoon
• Drought in US Corn Belt reminiscent of both bad and good years
• Sterling caught between rate spike and gilt rupture
• REITs face 'challenging' times to get new credit
• Wall Street rallies, European shares see biggest gain in 2 months
• Jamie Dimon never met or communicated with Epstein, JPMorgan says
• Ford, Tesla shares jump over 7% on Superchargers deal
• WestJet, pilots in tentative deal for 24% hourly raise over 4 years, document shows
• JPMorgan cutting about 500 jobs this week
• US jury says Google owes Sonos $32.5 million in smart-speaker patent case
• ConocoPhillips to buy rest of Canada's Surmont oil site, bumping Suncor
• Wall St. gains as Nvidia sparks rush for AI stocks
• U.S. will 'narrowly avoid' a recession -money manager
• Georgian billionaire wins $926 million from Credit Suisse after fraud
• US money market funds see big inflows amid debt ceiling caution
• A Russian missile hit a clinic in the eastern Ukrainian city of Dnipro on Friday, killing two people and wounding 30 in an attack that President Volodymyr Zelenskiy called a crime against humanity.
• Boris Johnson discussed Ukraine with former US President Trump, spokesperson says
• Russia summons US diplomats to protest at Sullivan comments on Crimea
• NATO struggles in the shadows to find new leader
• North Korea spent the pandemic building a huge border wall
• Prosecutors say Oath Keepers militia members conspired in U.S. Capitol siege
• Two more Oath Keepers sentenced to prison over US Capitol attack
• Anger and fear among Syrians amid Turkish opposition's anti-immigrant campaign
• Israeli settler kills Palestinian who army says attempted stabbing, amid rise in violence
• Israeli settlers fire at Palestinian farmers as they work in their land, torch cars
• Rwanda genocide suspect appears in S. Africa court
• ?African musicians push for more arts funding
• Secretive Dutchman's car collection goes up for auction
• Tear gas taints the air as Total Energies shareholders reject climate activist resolution
• South Carolina House members debate a new near-total ban on abortion in Columbia, South Carolina
• North Dakota's Republican governor set to launch US presidential bid
• Clashes between Kosovo police and ethnic Serb protesters in the town of Zvecan
• Tens of thousands gather in Serbia in Vucic's show of power
• Black Sea grain deal slow to get moving after extension
• Mexican officials find 175 migrants in truck near southern border
• 'Very ignorant': Peru claps back as Mexican leader escalates tensions
• EU to send human rights envoy to Cuba, but will not 'impose' demands
• Sudan army calls on ex-soldiers to re-enlist, sporadic fighting persists
• Church massacre survivors laud arrest of Rwandan genocide suspect
• Back in Mexico, 'Earth Monster' sculpture points to ancient beliefs
• 'Hot labour summer': Los Angeles unions back Hollywood writers
• China industrial profits tumble 18% in April as demand sputters
• U.S. Justice Department probes California refinery over emissions
• Failure to back Ukraine would send signal to China about taking Taiwan, Sen.
• US rebukes Kosovo for escalating tensions, Serbia puts army on alert
• U.S. mountaineer climbs rare Everest 'triple crown' as death toll reaches 12
• Celine Dion cancels rest of world tour due to medical condition
• Killer whales wreck boat in latest attack off Spain
• US charges two in Beijing-directed targeting of Falun Gong
• Russia summons US diplomats to protest at Sullivan comments on Crimea
• First night train connecting Brussels and Berlin starts operations
• Pink Floyd co-founder Roger Waters performs during his This Is Not a Drill tour at Crypto.com Arena in Los Angeles
• German police investigate Roger Waters for Nazi-style costume at concert
• A screen announces the listing of private-equity firm TPG, during the IPO at the Nasdaq Market site in Times Square in New York
• Twitter cannot hide from EU rules after exit from code, EU's Breton says

INDIA NEWS

• Modi remakes capital's centre
• India to push back against 'agenda-driven' global ranking firms, Modi adviser says
• European Union will tackle India's concerns on carbon tax, official says
• India's Mahindra flags persisting chip shortages as profit rises
• India's Sun Pharma posts near-30% rise in Q4 profit on lower input costs
• India's steel demand to grow 7.5% in 2023-24, industry body says
• Blistering Gill hundred sends Gujarat to IPL final v Chennai
• IT stocks, Reliance boost Indian shares to five-month high
• India's BEML logs 18% growth in Q4 profit as expenses dip
• Poet Muhammad Allama Iqbal, Who Wrote 'Saare Jahan Se Achha', May Be Dropped from Syllabus
• PM Modi to Chair 8th NITI Governing Council Meeting Today
• Go First Flights to Remain Cancelled Till May 30, Cites Operational Reasons
• 3 Brothers Killed as House Collapses In Jammu And Kashmir
• 'Dress Code' For Devotees Imposed at 4 Temples in Maharashtra
• A "Vastra Samhita" or dress code was introduced at four temples in Nagpur city on Friday, an association of temples in Maharashtra said.
• 5 Arrested Over Involvement in Fake Gold Smuggling from Assam: Cops
• Court Refuses To Interfere With Penalty Recommendation On 2 Vodafone Firms
• India plans to push back against "agenda-driven", "neo-colonial" country rankings produced by global agencies on topics like go in an interview on Friday.
• Vinesh Phogat on Friday said if WFI chief Brij Bhushan Sharan Singh attends the inauguration of the new Parliament building on May 28, it will send a clear message about the state of affairs in the country.
• Chief Financial Officers Responsible for Most Frauds in India: SEBI Member
• A policeman was seen pulling a woman's hair and kicking her as she fell to the ground in shocking visuals from a village in Chhattisgarh.
• Jailed AAP Leader Satyendar Jain Had Blood Clot Due to Head Injury: Report
• Anti-Terror Agency NIA Seeks Dealth Penalty for Terrorist Yasin Malik
• Seers from Tamil Nadu Arrive In Delhi, Prepare For Big 'Sengol' Ceremony
• Punjab Offers One-Time Settlement Scheme for Defaulting Power Consumers
• B Bommai "Challenges" Congress to Ban RSS, Bajrang Dal in Karnataka
• Murdered Student's Father Seeks Action, University iIn Noida Contests FIR
• Senior IAS officer and special secretary in the Delhi government, Kinny Singh, has accused Services Minister Saurabh Bhardwaj of "coercive behaviour" and requested security for herself.
• High Court Slams Cops' "Week-Kneed Approach" Over Unhealthy Religious Acts
• 5 Judges Elevated as High Court Chief Justices
• Carpets from UP, Stone from Rajasthan Will Adorn New Parliament Building
• Congress Finalises Names for Karnataka Cabinet Expansion: Report
• Six-Year-Old Girl Raped by Neighbour in Jharkhand: Police
• Leaders of BJP, Asaduddin Owaisi's Party Clash Over 'Vande Mataram' In UP
• Cambodian King's Maiden Visit to India to Mark 70 Years of Diplomatic Relations
• "Wherever We Go, People Talk of India's Transformation: S Jaishankar
• Bangladeshi Man Tries to Fly to Rome with Fake Indian Passport, Arrested
• India Likely to Witness "Below Normal" Rainfall in June
• 5 Cops Suspended After 25-Year-Old Man Dies in Custody in Rajasthan
• Manipur Groups In Assam Hold Massive Peace Rally, Write To PM
• 12 Dead, Many Injured In Rajasthan After Heavy Rain; Orange Alert Issued
• McLaren Launches Hybrid Sports Car Artura in India for Rs 5 Crore
• Artura's top speed is electronically limited to 330 kilometres per hour with 0-100 kilometres per hour reached in just three seconds.
• New Parliament Building Will Make Every Indian Proud: PM Modi
• Several aircraft lessors of Go First pitched before the Delhi High Court on Friday for deregistration of their planes by aviation regulator DGCA so they could take them back from the crisis-hit airline.
• The Delhi High Court has closed the proceedings in a PIL alleging gender bias and discrimination in the Indian Air Force (IAF) against women who were not employed as 'airmen' in the technical and non-technical grades in any of its departments.
• Eknath Shinde Inaugurates Phase 2 Of Samruddhi Expressway Project
• Private Firms Fined Rs 15 Crore By Green Tribunal For Illegal Mining In UP
• Shinde Camp Leader Complains Of "Step-Motherly Treatment" By Government
• Indian Navy, ISRO Release Gaganyaan Recovery Training Plan
• NEET Exam Likely To Be Held Between June 3-5 In Manipur, CUET From June 5-8
• "Didn't Even Know What UPSC Was...": Constable Cracks Prestigious Exam
• "Didn't Even Know What UPSC Was...": Constable Cracks Prestigious Exam
• "Forged Documents": UPSC Considers Criminal Action Against 2 Candidates
• Arvind Kejriwal To Meet Telangana's KCR Tomorrow Over Delhi Postings Row
• Proposed Carbon Tax Won't Affect Trade Ties With India: EU Climate Chief
• Central Agency Warns Of Phone Virus That Hacks Into Call Logs, Camera
• An Android malware called 'Daam' that infects mobile phones and hacks into sensitive data like call records, contacts, history and camera has been found to be spreading, the national cyber security agency has said in its latest advisory.
• "Land Jihad" Won't Be Allowed In State, Says Uttarakhand Chief Minister Pushkar Singh Dhami
• Leopard Beaten To Death By Angry Villagers In Madhya Pradesh's Khargone District
• Major Transfers In Delhi Day After High Court Rebuke Over Killings In Jail
• Eighty prison officials in Delhi were transferred today, weeks after gangster Tillu Tajpuria was killed inside Tihar Jail allegedly by members of a rival gang.
• Officer Pumped Out Water for 3 Days After His Phone Fell into Reservoir

US Close ?27th May

STOCKS

• Index????????????????????????Last???????????????????????????% Change
• S&P 500??????????????????4,205.45???????????????????+1.30%
• Dow Jones??????????????33,093.34????????????????+1.00%
• Nasdaq????????????????????12,975.69????????????????+2.19%
• FTSE 100????????????????7,627.20???????????????????+0.74%

COMMODITIES

• Future ???????????????????????Last???????????????????????????% Change
• Brent Crude Oil???????76.95????????????????????????????????????--
• Gold??????????????????????????1,946.10???????????????????+0.12%
• Copper?????????????????????706.90??????????????????????+1.77%
• CBOT Soybeans?????1,336.25???????????????????+0.93%

CURRENCIES

• Exchange?????Last???????????????% Change
• EUR/USD?????1.0724???????????--
• GBP/USD?????1.2343???????????--
• JPY/USD??????0.0071???????????--
• CNY/USD?????0.1415???????????--

YIELDS

• Name ???????????Yield?????????????Change
• US 10Y?????????3.81??????????????--
• DE 10Y?????????2.514????????????-0.025
• UK 10Y?????????4.328????????????-0.006
• JP 10Y??????????0.419????????????-0.002