Results 1 to 7 of 7

Thread: Utrader News

  1. #1
    Super Moderator
    Join Date
    Jun 2017
    Posts
    41

    Utrader News

    Here you can get the latest up-to-date news of the company Utrader

  2. #2
    Super Moderator
    Join Date
    Jun 2017
    Posts
    41
    STOCKS - DAX LOSES 0.18% AS CAUTION LINGERS IN EUROPEAN MARKETS

    Investing.com - European stocks opened lower on Wednesday, as investors remained cautious despite a global rebound in market sentiment, seeing as tensions with North Korea could possibly resurface at any moment.
    During European morning trade, the EURO STOXX 50 eased 0.08%, France’s CAC 40 slipped 0.12%, while Germany’s DAX 30 fell 0.18% by 03:45 a.m. ET (07:45 GMT).
    Market sentiment was still midly supported as Hurricane Irma appeared to have caused less damage than feared and in the absence of any new provocations from North Korea.
    Irma, which had hammered the Caribbean late last week andwas one of the most powerful Atlantic hurricanes, weakened to a tropical depression, easing concerns over the severity of its financial impact.
    Separately, market participants seemed to shrug off North Korea’s rejection of sanctions imposed by the U.N. Security Council.
    The Security Council voted unanimously on Monday to step up sanctions on the peninsula, in response to its sixth nuclear test.
    U.S. President Donald Trump said Tuesday that the U.N. sanctions were a 'very small step' and 'nothing compared to ultimately what will have to happen' to combat the regime's nuclear program.
    Financial stocks were mostly higher, as French lenders BNP Paribas (PA:BNPP) and Societe Generale (PA:SOGN) rose 0.20% and 0.39%, while Germany's Commerzbank (DE:CBKG) inched up 0.04%.
    Among peripheral lenders, Italy's Intesa Sanpaolo (MI:ISP) and Unicredit (MI:CRDI) climbed 0.83% and 0.79% respectively, while Spanish banks BBVA (MC:BBVA) and Banco Santander (MC:SAN) added 0.26% and 0.22%.
    Volkswagen (DE:VOWG_p) added to gains, with shares up 0.48% after the German automaker announced plans to step up its shift to electric cars by investing more than €20 billion in zero-emission vehicles by 2030.
    French rival Peugeot SA (PA:PEUP) added 0.13%. The company's Chief Executive Carlos Tavares said on Tuesday that European policymakers were responsible for the fate of 800 jobs at Opel's engine testing facility, seeing as many are under threat from a regulatory push to promote electric cars.
    Elsewhere, the tech sector was expected to be in focus on Wednesday, a day after Apple (NASDAQ:AAPL) unveiled its iPhone 8 models, as well as the highly-anticipated iPhone X. There was some disappointment however amid disappointment the tech giant will not begin taking orders on the iPhone X model until October.
    Finnish phonemaker Nokia Oyj (HE:NOKIA) shares were down 0.29% in early European trade.
    In London, FTSE 100 dropped 0.65%, as the previous session's strong UK inflation data continued to boost demand for the pound.
    UK lenders were broadly lower, as the Royal Bank of Scotland (LON:RBS) edged down 0.12% and Lloyds Banking (LON:LLOY) slid 0.60%, while Barclays (LON:BARC) dropped 0.63% and HSBC Holdings (LON:HSBA) tumbled 1.22%.
    Mining stocks added to losses on the commodity-heavy index. Shares in Rio Tinto (LON:RIO) declined 1.04% and Glencore (LON:GLEN) slumped 1.66%, while BHP Billiton (LON:BLT) retreated 1.67%.
    EasyJet PLC (LON:EZJ) was one of the top performers on the index, with shares up 1.17% following news the low cost airline will allow customers to use its website to book long-haul flights with other carriers.
    In the U.S., equity markets pointed to a lower open. The Dow Jones Industrial Average futures pointed to a 0.14% fall, S&P 500 futures signaled a 0.17% loss, while the Nasdaq 100 futures indicated a 0.23% slide.

  3. #3
    Super Moderator
    Join Date
    Jun 2017
    Posts
    41
    U.S. PRODUCER PRICES RISE LESS THAN EXPECTED IN JULY

    Investing.com – U.S. producer price inflation and its core reading increased less than expected in August, though inflationary pressures at the factory gate were on the rise, official data showed on Wednesday.
    In a report, the Commerce Department said that producer prices increased 0.2% last month, missing the forecast for a 0.3% gain and still bouncing back from a prior 0.1% drop.
    Year-over-year, the producer price index (PPI) rose 2.4% in August, slightly below expectations for a gain of 2.5% but higher than the 1.9% increase in the preceding month.
    The core producer price index, that excludes food and energy, rose 0.1% in August, missing forecasts for a gain of 0.2% and compared to the prior month’s 0.1% decline.
    Core producer prices increased at an annualized rate of 2.0% last month, below forecasts for a 2.1% increase but higher than the gain of 1.9% in July.
    Core prices are viewed by the Federal Reserve as a better gauge of longer-term inflationary pressure because they exclude the volatile food and energy categories. Furthermore, when producers pay more for goods, they are more likely to pass price increases on to the consumer, so PPI could be considered a leading indicator of inflation.
    After the report, EUR/USD was trading at 1.1985 from around 1.1977 ahead of the release of the data, GBP/USD was at 1.3282 from 1.3278 earlier, while USD/JPY was at 109.97 from 110.01 earlier.
    The US dollar index, which tracks the greenback against a basket of six major rivals, was at 91.74, compared to 91.80 ahead of the report.
    Meanwhile, U.S. stock futures pointed to a lower open. The Dow futures fell 0.08%, the S&P 500 futures lost 0.17%, while the Nasdaq 100 futures traded down 0.24%.
    Elsewhere, in the commodities market, gold futures traded at $1,337.81 a troy ounce, compared to $1,337.48 ahead of the data, while crude oil traded at $48.66 a barrel from $48.70 earlier.

  4. #4
    Super Moderator
    Join Date
    Jun 2017
    Posts
    41
    BITCOIN FALLS, CHINESE AGENCY SAYS RISKS OF EXCHANGES 'CAN'T BE IGNORED'

    Investing.com – The selloff in Bitcoin continued unabated as sentiment turned bearish in the wake of a statement from The National Internet Finance Association of China (NIFA), claiming that “financial and social risks [of bitcoin exchanges] cannot be ignored.”
    On the U.S.-based Bitfinex exchange, bitcoin fell to $3843, down $305.3 or 7.36%, well below its recent peak of $4,969. At current prices Bitcoin has a market cap of $64.09 billion.
    The National Internet Finance Association of China, a self-regulatory agency, established by the People’s Bank of China, said that Bitcoin “is becoming a tool for money laundering” and warned that virtual currency trading platforms in China are not legally established.
    Chinese regulators, however, are yet to confirmed any plan to shut down local exchanges but the statement from NIFA supports recent media reports warning that the decision to shutter local exchanges had already been made.
    “China’s central bank, working with other regulators, has drafted instructions banning Chinese platforms from providing virtual currency trading services”, the Wall Journal said Monday, citing people familiar with the matter.
    The latest crackdown on cryptocurrency activity in China comes a week after the People’s Bank of China (PboC) sent shockwaves through the cryptocurrency market, imposing a ban on individuals and businesses from raising funds through initial coin offerings (ICOs).
    The string of recent measures proposed by China to curb the use of cryptocurrencies has unsettled investors as strong demand from Far East has been a key factor supporting cryptocurrency growth.
    The string of recent measures proposed by China to curb the use of cryptocurrencies has unsettled investors as strong demand from Far East has been a key factor supporting cryptocurrency growth.
    Bitcoin Cash fell $34, or 6.39%, to $498, while Ethereum fell 9.11% to $268.33.

  5. #5
    Super Moderator
    Join Date
    Jun 2017
    Posts
    41
    DOLLAR DOWN SLIGHTLY IN EARLY ASIA, CHINA, INDIA DATA AHEAD

    Investing.com - The dollar fell slightly against the yen in early Asia on Friday with data from China and India later in the day providing a look at foreign flows.
    USD/JPY chnged hands at 110.23. down 0.04%, while AUD/USD traded at 0.8001, down 0.04%.
    The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was last quoted down 0.38% to 92.04.
    Later in Asia, China reports FDI and new loans and India tentatively releases its trade balance data for August with an expected deficit of $11.34 billion, as well as FX reserves.
    Overnight, the dollar fell against a basket of major currencies on Thursday as a surge in sterling to one-year highs offset a duo of economic reports indicating the U.S. economy is poised for strong third-quarter economic growth.
    The dollar failed to capitalize on better-than-expected inflation and initial claims jobless data in the wake of a surge in sterling amid rising expectations that the Bank of England will raise rates sooner rather than later.
    The Labor Department said on Thursday its Consumer Price index rose 0.4% last month after edging up 0.1% in July. The uptick in consumer prices in August was the largest monthly gain in seven months and lifted the year-on-year increase in the CPI to 1.9% from 1.7% in July.
    In a separate report the U.S. Department of Labor reported that initial jobless claims decreased by 14,000 to 284,000 in the week ended Sept. 10, confounding forecasts of a 2,000 increase.
    A strong day for sterling, however, weighed on dollar sentiment, after the Bank of England kept rates unchanged but warned that interest rates were likely to rise for the first time in more than a decade in the “coming months” to curb the fast pace of inflation.

  6. #6
    Super Moderator
    Join Date
    Jun 2017
    Posts
    41
    UNITED ARAB EMIRATES STOCKS LOWER AT CLOSE OF TRADE; DFM GENERAL DOWN 0.70%

    Investing.com – United Arab Emirates stocks were lower after the close on Sunday, as losses in the Finance&Investment, Real Estate&Construction and Consumer Staples sectors led shares lower.
    At the close in Dubai, the DFM General fell 0.70%, while the ADX General index fell 0.77%.
    The best performers of the session on the DFM General were Takaful Emarat PSC (DU:TKFE), which rose 3.54% or 0.070 points to trade at 2.050 at the close. Meanwhile, Emirate Integrated Telecom Co PJSC (DU:DU) unchanged 0.00% or 0.000 points to end at 5.580 and Dubai Islamic Bank (DU:DISB) was unchanged 0.00% or 0.000 points to 6.190 in late trade.
    The worst performers of the session were SHUAA Capital PSC (DU:SHUA), which fell 3.36% or 0.040 points to trade at 1.150 at the close. Amlak Finance PJSC (DU:AMLK) declined 2.73% or 0.030 points to end at 1.070 and Takaful House (DU:DTKF) was down 1.90% or 0.020 points to 1.030.
    The top performers on the ADX General were Rak Ceramics (AD:RKCE) which rose 5.06% to 2.490, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 4.44% to settle at 0.470 and International Holding Company PJSC (AD:IHC) which gained 2.76% to close at 1.49.
    The worst performers were Dana Gas (AD:DANA) which was down 6.02% to 0.780 in late trade, Eshraq Properties Co PJSC (AD:ESHR) which lost 5.95% to settle at 0.7900 and Abu Dhabi National Hotels Co (AD:ADNH) which was down 5.00% to 2.85 at the close.
    Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 29 to 2 and 5 ended unchanged; on the Abu Dhabi, 14 fell and 6 advanced, while 6 ended unchanged.
    Crude oil for November delivery was unchanged 0.00% or 0.00 to $50.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.07% or 0.04 to hit $55.51 a barrel, while the December Gold Futures contract fell 0.29% or 3.88 to trade at $1325.42 a troy ounce.
    USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.23% to 4.3878.
    The US Dollar Index Futures was unchanged 0.00% at 91.65.

  7. #7
    Super Moderator
    Join Date
    Jun 2017
    Posts
    41
    COMMODITIES - GOLD DIPS IN ASIA AS INVESTORS GROW CAUTIOUS AHEAD OF FED VIEWS

    Investing.com - Gold prices dipped in Asia as markets grow cautious ahead of Wednesday's Fed policy statements with the details on the pace of unwinding its balance sheet awaited.
    Gold futures for December delivery on the Comex division of the New York Mercantile Exchange rose 0.14% to $1,312.70 a troy ounce.
    Overnight, gold prices fell on Monday as fading tensions on the Korean Peninsula suppressed safe-haven demand while a sharp uptick in the dollar curbed sentiment on the precious metal ahead of the Federal Reserve’s two-day meeting slated for Tuesday.
    Fresh on the heels of a two-week losing streak, gold prices started the week on the back foot as investors appeared to unwind some of their long positions in the precious metal following strong gains in both the greenback and treasury yields.
    Treasury yields rose sharply, pushing the dollar higher, amid expectations the Federal Reserve will announce that it will begin unwinding its $4.5tn bond portfolio and reaffirm its outlook that an additional rate hike remains appropriate this year, when it concludes its two-day meeting policy meeting on Wednesday.
    “What is more, bond yields in the U.S. have increased significantly of late, which makes gold less attractive as an alternative investment,” Commerzbank (DE: DE: CBKG) says. “Presumably this is also why Friday saw the second consecutive daily outflow from gold ETFs [exchange-traded funds].”
    Gold is sensitive to moves higher in both bond yields and the U.S. dollar – A stronger dollar makes gold more expensive for holders of foreign currency while a rise in U.S. rates, lift the opportunity cost of holding non-yielding assets such as bullion.
    Meanwhile, geopolitical uncertainty eased, reducing demand for safe-haven gold as investors downplayed U.S-North Korea tensions and piled into risker assets such as equities.
    “Investors have been programmed to more or less ignore stuff with Korea. The last two or three times this kind of thing occurred we went down a little, only to turn back higher. We’ve learned to buy on the dips,” said Terry Morris, senior vice president and senior equity manager for National Penn Investors Trust Company.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
loaded:ok