Coffee Break World View 19 May

Coffee Break World View 19 May

Coffee Break World at a glimpse 19th May 2023

QUOTES:

  • My favourite machine at the gym is the vending machine.
  • “All right everyone, line up alphabetically according to your height.
  • “At every party there are two kinds of people – those who want to go home and those who don’t. The trouble is, they are usually married to each other.
  • “If I were two-faced, would I be wearing this one?”

European Markets 19th May Scroll Down (for data go to www.truedata.in)

WORLD NEWS

  • Stocks lifted to month high by U.S. debt ceiling hopes
  • Australian stock exchange says software overhaul won't involve block chain
  • China, US commerce and trade chiefs to meet next week
  • Russian forces dig in at Ukrainian nuclear plant, witnesses say
  • Russian military forces have been enhancing defensive positions in and around the Zaporizhzhia nuclear power plant in southern Ukraine, four witnesses said, ahead of an expected counteroffensive in the region.
  • Ferrari boss pitted against his mother in Agnelli inheritance drama
  •  US consultancy Mintz's executives leave Hong Kong after China raid
  • Fed's Powell in the spotlight as pressure grows to 'fish or cut bait' on rates
  • Investors see trouble ahead after Europe's stellar first quarter
  • Japan's Nikkei powers to 1990 'bubble' era high
  • India regulator 'draws a blank' in foreign links probe into Adani, shares rise
  • Heat insurance offers climate change lifeline to poor workers
  • China says it will work for better solution of Zambia's debt issues
  • UK's Nationwide to pay 340 mln pounds to customers after profit leap
  • Futures edge higher on hopes of debt deal
  • Stocks lifted to month high by U.S. debt ceiling hopes
  • As world leaders meet, Ukraine urges allies to be bolder on Russia sanctions
  • Pent-up demand promises record tourist season for southern Europe
  • BOJ's Ueda vows to maintain easy policy, rules out chance of early exit
  • 3:19 PM GMT+5:30
  • Bank of Japan Governor Kazuo Ueda attends a news conference in Tokyo
  • German producer prices post smallest increase in two years
  • Japan's inflation stays above BOJ's target, key gauge hits four-decade high
  • Exclusive: India, UK still far apart on free trade deal
  • Argentina president, protesters slam IMF debt, austerity as economy creaks
  • UK consumers turn more confident despite inflation pain
  • The Bank of Mexico, in a unanimous decision by its five-member board, kept its benchmark interest rate steady at 11.25% on Thursday, ending a nearly two-year rate-hike cycle
  • Egypt's central bank leaves key interest rates on hold
  • Bank of Canada's Macklem says inflation coming down despite April gain
  • US weekly jobless claims fall; labor market defying recession fears
  • Israel cities end strike, turn to courts to block government's tax plan
  • U.S. existing home sales post second straight monthly decline
  • ADB warns China it risks wasting money on state-led growth
  • S&P retains India credit rating; expects sound fundamentals to underpin growth
  • 'Soft landing' narrative takes shape in post-pandemic US economy
  • Hyundai, Kia agree to $200 million settlement over US car thefts
  • London court throws out lawsuit against Google over medical records
  • Disney cancels plans for $1 billion campus, 2,000 jobs in Florida
  • Investors see trouble ahead after Europe's stellar first quarter
  • 10:33 AM GMT+5:30
  • Worldcategory
  • G7 steps up Russia sanctions in bid to slow war effort
  • G7 leaders attend a meeting at G7 leaders' summit in Hiroshima, Japan
  • Leaders of the world richest democracies agreed on Friday to stiffen sanctions against Russia and pledged financial support for Ukraine as its president, Volodymyr Zelenskiy, prepared to join them in the Japanese city of Hiroshima.
  • Syria's Assad to attend Arab summit, ending regional isolation
  • China's Xi unveils grand development plan for Central Asia
  • Wildfire risk spurs Alberta to close parks, urge caution ahead of holiday weekend
  • Putin ally accuses U.S. of involvement in deadly attacks inside Russia
  • India lifts ban on Krafton's mobile game BGMI
  • Russia's Prigozhin says Bakhmut will not fall in next two days
  • Wagner founder Yevgeny Prigozhin said on Friday that the city of Bakhmut was unlikely to fall to his mercenary forces in the next two days as fighting raged around Ukrainian soldiers holed up in a makeshift "fortress" in the south of the city.
  • Russian forces in retreat near Bakhmut, Ukraine and Wagner say
  • Designer and model Jade Jagger poses during the inauguration of her exhibition "Don't take it personally" at Studio 57 gallery in Paris
  • Mick Jagger's daughter Jade arrested in Ibiza
  • Vietnam rebukes China, Philippines over South China Sea conduct
  • Democratic senators urge Biden to use 14th Amendment to avoid debt default
  • U.S. Air Force to award sixth-generation fighter contract in 2024
  • The coronavirus disease (COVID-19) outbreak in Oldham
  • WHO recommends new COVID shots should target only XBB variants
  • U.S. Supreme Court dismisses dispute over Title 42 border expulsions
  • Paparazzi chase over Harry and Meghan polarizes public
  • Ukraine says Russia trying to recapture land around Bakhmut, Kyiv repels attacks
  • Exceptional weather becomes the new norm in exposed Italy
  • Tsunami threat passes in South Pacific after magnitude 7.7 quake off New Caledonia
  • Ukraine's Zelenskiy lands in Jeddah to attend Arab League - al-Hadath TV
  • 'ESG' in US finance job titles comes with 20% pay premium
  • Tesla 'serious' on establishing India production, innovation base, minister says
  • Samsung not planning to replace Google with Bing in phones - WSJ
  • Companies sell their businesses in Russia
  • Disney to close Star Wars hotel that opened in Florida last year
  • Democrats warn Biden against toughening aid for the poor
  • Apple restricts use of OpenAI's ChatGPT for employees -WSJ
  • Not enough resources for EVs to be only cleaner car option, Toyota says
  • Investment banking fault lines trigger European job shake-up
  • Bank of England poised to raise interest rates to tackle inflation
  • China will resolutely curb large fluctuations in exchange rate - central bank
  • AstraZeneca's China boss says drugmaker will seek to "love the Communist Party"

INDIA NEWS

  • Abbott's India arm posts 9.5% rise in fourth-quarter profit
  • Abbott India Ltd reported a 9.5% jump in fourth-quarter profit on Friday, helped by strong sales in its mainstay pharmaceuticals segment.
  • India's "Akash" missiles, mounted on a truck, are displayed during Republic Day parade in New Delhi
  • India says defence production exceeds $12 billion for first time
  • India regulator 'draws a blank' in foreign links probe into Adani,
  • India market regulator proposes standard investor fees for mutual funds
  • UK PM Sunak's wealth plunges but still ranked 275th in country's rich list
  • Tesla 'serious' on establishing India production, innovation base, minister says
  • Indian shares snap three-day losing run but post weekly decline
  • Heat insurance offers climate change lifeline to poor workers
  • India lifts ban on Krafton's mobile game BGMI
  • Indian Oil eyes processing bio-naphtha for petrochemicals -chairman
  • India cenbank surplus transfer to govt surges in FY23, but lags expectations
  • India's JSW Steel posts over 13% profit rise
  • Indian rupee posts worst week in nine on dollar surge, hawkish Fed
  • India's Motherson Sumi Wiring reports near three-fold surge in Q4 profit
  • Motherson Sumi Wiring India Ltd reported a nearly three-fold jump in quarterly profit on Tuesday on the back of a recovery in the automotive industry and operating efficiencies.
  • Indian REIT Nexus Malls rises 4% in trading debut, valued at $1.9 bln
  • India's Nexus Select Trust rose nearly 4% in their trading debut on Friday, giving the Blackstone Inc -backed retail REIT a valuation of 157.56 billion rupees ($1.93
  • Kohli not interested in 'fancy shots' with WTC final looming
  • Women, children trek miles in summer heat to get water near Mumbai
  • India and Britain launch free trade agreement talks
  • Exclusive: India, UK still far apart on free trade deal

European markets 19 May

STOCK

  • Index                        Last                           % Change
  • FTSE 100                7,773.92                   +0.41%
  • DAX                          16,273.61                +0.68%
  • CAC 40                    7,499.56                   +0.71%
  • IBEX 35                   9,256.20                   +0.47%

COMMODITIES

  • Future                        Last                           % Change
  • Brent Crude Oil       76.70                        +1.11%
  • Gold                          1,956.50                               --
  • Copper                     723.80                      +0.74%
  • CBOT Soybeans     1,340.50                   +0.54%

CURRENCIES

  • Exchange     Last               % Change
  • EUR/USD     1.0792           +0.21%
  • GBP/USD     1.2428           +0.16%
  • JPY/USD      0.0072           +0.32%
  • CNY/USD     0.1426           +0.36%

YIELDS

  • Name            Yield             Change
  • US 10Y         3.631            -0.017
  • DE 10Y         2.481            +0.068
  • UK 10Y         4.025            +0.068
  • JP 10Y          0.401                  --

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