Outlook

2022 - 4 - 25

UBS's Outlook, Russia Impact Seen in Focus at 1Q Update ... (MarketWatch)

By Cristina Roca UBS Group AG is scheduled to report results for the first quarter on Tuesday morning. Here's what you need to know: NET PROFIT FORECAST: ...

UBS also stands to benefit from interest-rate rises in the U.S., Credit Suisse analyst Jon Peace says in a note, adding he expects the company to raise its net interest income guidance on the back of this. With the war in Ukraine having continued for two months now, market watchers will be keen to get an update on the impact it is having on UBS's business, both in terms of its direct exposure and of the effect it is having on clients' risk appetite, market activity and more. -UNCERTAIN OUTLOOK: Despite these positive trends, much of the focus will be on outlook amid weaker markets for wealth management and global uncertainty, Barclays said.

Fitch Assigns Castle UK Finco plc 1st Time IDR 'B+'; Outlook Stable (Fitch Ratings)

Fitch Ratings-London-25 April 2022: Fitch Ratings has assigned Castle UK Finco plc (trading as Miller Homes) a first-time Long-Term Issuer Default Rating (

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S&P affirms Egypt's credit rating at B/B with stable outlook (Egypttoday)

Standard & Poor's (S&P) kept Saturday Egypt's long and short-term foreign and local currency sovereign credit ratings at B/B with a stable outlook.

Fitch has maintained that rating for six times in a row since March 2019, when the outlook went up from B with a positive outlook to B+ with a stable outlook. Fitch's rating applies to long term rating, and local currency long term default rate. Mon, 25 Apr 2022 - 11:46 GMT

Global Bromobenzene Market Size, Share, Outlook, and Opportunity ... (Yahoo Finance)

DUBLIN, April 25, 2022--The "Bromobenzene Market, By Product Type, By Application, and by Region - Size, Share, Outlook, and Opportunity Analysis, ...

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Our D.C. winter outlook was right on snow, flawed on temperatures (The Washington Post)

It was a little milder than we expected but our snowfall forecast was close to correct.

Our temperature outlook was subpar, while our snowfall outlook was quite good. We were also correct that we’d see more snow than in the previous winter. Also, we correctly noted that temperatures would fluctuate substantially. - At Dulles International Airport, we called for 12 to 16 inches, and 15.8 inches fell (average is 21.0 inches). - At Reagan National Airport, we called for 8 to 12 inches, and 13.2 inches fell (average is 13.7 inches). Not all outlooks do this.

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Oil dives 6% as Shanghai lockdowns stoke demand fears (Reuters)

Oil slumped about 6% on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in ...

read more But, the market could tighten further with a European Union (EU) ban on Russian crude. Both benchmarks were on track for their lowest closes since April 11. Register now for FREE unlimited access to Reuters.com In Shanghai, authorities have erected fences outside residential buildings. Register now for FREE unlimited access to Reuters.com

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Oil Falls Below $100 as China's Lockdowns Imperil Demand Outlook (Bloomberg)

Markets slump amid fears of wider restrictions in Beijing · WTI crude futures slide more than 6% on Monday in New York.

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2022 Spring Water Level Outlook and Snow Surveys: High Snowfall ... (Government of Northwest Territories)

The Department of Environment and Natural Resources has completed the 2022 snow surveys and the spring outlook for water levels has been released.

Water levels on Great Slave Lake remain high but have receded slightly from the extreme levels recorded in the summer of 2020 and spring of 2021. There is potential for ice jam flooding in the region. Water levels are at or near the highest levels ever recorded in Hay River at this time of year.

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Image courtesy of "BloombergQuint"

Oil Falls Below $100 as China's Lockdowns Imperil Demand Outlook (BloombergQuint)

(Bloomberg) -- Oil pushed lower at the start of the week on concern that a spreading Covid-19 outbreak in China will weigh on global demand.

Libya is expected to resume output from shuttered fields in the coming days, while the CPC oil terminal on Russia’s Black Sea coast has resumed regular operations after one of two moorings damaged in a storm was repaired. China’s oil demand averaged 13.3 million barrels a day in March, according to data compiled by Bloomberg. The world’s biggest crude importer is heading for the worst oil demand shock since the early days of the pandemic. The market is poised for additional supply, adding to bearish signs. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences. Rising coronavirus cases in Beijing sparked jitters about an unprecedented lockdown of the capital, while Shanghai reported record daily deaths over the weekend.

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Oil dips over 6% on growing worries about global energy demand ... (Business Standard)

Brent futures fell $6.63, or 6.22 per cent, to $100 a barrel by 9.55 pm IST. US West Texas Intermediate (WTI) crude fell $6.15, or 6.03 per cent, to $95.92.

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Oil falls as China's COVID-19 outbreak imperils demand outlook (Aljazeera.com)

The world's biggest crude importer is heading for the worst oil demand shock since the early days of the pandemic.

Libya is expected to resume output from shuttered fields in the coming days, while the CPC oil terminal on Russia’s Black Sea coast has resumed regular operations after one of two moorings damaged in a storm was repaired. China’s oil demand averaged 13.3 million barrels a day in March, according to data compiled by Bloomberg. The market is poised for additional supply, adding to bearish signs. China has implemented lockdowns in a number of cities as it pursues a Covid Zero strategy. West Texas Intermediate futures slid as much as 6.7%, falling below the key $100 level on Monday. Rising coronavirus cases in Beijing sparked jitters about an unprecedented lockdown of the capital, while Shanghai reported record daily deaths over the weekend. As the risks to consumption escalate, money managers have turned the least bullish on WTI since April 2020, when prices turned negative.

Fitch Revises Saudi Aramco's Outlook to Positive; Affirms IDR at 'A' (Fitch Ratings)

Fitch Ratings-London-25 April 2022: Fitch Ratings has revised Saudi Arabian Oil Company's (Saudi Aramco) Outlook to Positive from Stable following a simila.

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Oil falls below US$97 as China's lockdowns imperil demand outlook ... (BNN)

West Texas Intermediate futures slid as much as 6.7 per cent, falling below the key US$100 level on Monday. Rising coronavirus cases in Beijing sparked jitters ...

Libya is expected to resume output from shuttered fields in the coming days, while the CPC oil terminal on Russia’s Black Sea coast has resumed regular operations after one of two moorings damaged in a storm was repaired. China’s oil demand averaged 13.3 million barrels a day in March, according to data compiled by Bloomberg. The market is poised for additional supply, adding to bearish signs. The world’s biggest crude importer is heading for the worst oil demand shock since the early days of the pandemic. China has implemented lockdowns in a number of cities as it pursues a COVID Zero strategy. Rising coronavirus cases in Beijing sparked jitters about an unprecedented lockdown of the capital, while Shanghai reported record daily deaths over the weekend.

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Cineworld CCO Renana Teperberg Talks Theatrical Outlook ... (Deadline)

CinemaCon honoree Renana Teperberg, CCO of Cineworld, offers industry insight before receiving the Global Achievement in Exhibition Award.

I can enjoy almost every movie when it comes with the right experience and the right person next to me. I was 100% sure I was going to be a psychologist and I looked for a job that would be on the weekends because I was studying during the week. I was in the projection room, I managed the cinema, all while I was still studying and still sure that I would be a psychologist. TEPERBERG: First because this industry, you know, it does it to you — it’s so exciting and different and you feel that you are part of this thing that entertains people, something good that people love. I think it’s clear that when someone is watching a movie in the cinema, they will go out and say “Wow!”, and watching the same movie at home, they go out and say, “Eh, it was nice.” For a filmmaker, if it’s their life’s project, I think that they all at the end want to be shown on the big screen. I think we already proved that if people want to go out — we saw with Spider-Man, Bond, Uncharted, The Batman — people want to go out.

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Oil falls below US$97 as China's lockdowns imperil demand outlook (The Business Times)

OIL dropped at the start of the week on concerns that a spreading Covid-19 outbreak in China will impact consumption even further. Read more at The Business ...

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Image courtesy of "WorldOil"

Oil falls below $100 as China's lockdowns imperil demand outlook (WorldOil)

Oil dropped at the start of the week on concerns that a spreading Covid-19 outbreak in China will impact consumption even further.

Libya is expected to resume output from shuttered fields in the coming days, while the CPC oil terminal on Russia’s Black Sea coast has resumed regular operations after one of two moorings damaged in a storm was repaired. China’s oil demand averaged 13.3 million barrels a day in March, according to data compiled by Bloomberg. The world’s biggest crude importer is heading for the worst oil demand shock since the early days of the pandemic.

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Image courtesy of "BNN"

Oil falls below US$100 as China's lockdowns imperil demand ... (BNN)

Rising coronavirus cases in Beijing sparked jitters about an unprecedented lockdown of the capital, while Shanghai reported record daily deaths over the weekend ...

Libya is expected to resume output from shuttered fields in the coming days, while the CPC oil terminal on Russia’s Black Sea coast has resumed regular operations after one of two moorings damaged in a storm was repaired. China’s oil demand averaged 13.3 million barrels a day in March, according to data compiled by Bloomberg. The market is poised for additional supply, adding to bearish signs. The world’s biggest crude importer is heading for the worst oil demand shock since the early days of the pandemic. China has implemented lockdowns in a number of cities as it pursues a COVID Zero strategy. Rising coronavirus cases in Beijing sparked jitters about an unprecedented lockdown of the capital, while Shanghai reported record daily deaths over the weekend.

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Euro Technical Outlook - EUR/USD and EUR/NOK on Diverging Paths (DailyFX)

The Euro has been losing ground to the US Dollar while gaining against the Norwegian Krone. Can the EUR/USD steady itself before making new lows?

If a close is observed back inside the band, it might signal a reversal. This may indicate accelerating volatility for the cross rate. Using any combination of these SMAs they are all in correct order to meet the criteria for a TMA. The March 2020 low of 1.0638 could provide support and a break below there might open up a run toward the January 2017 low of 1.0340. A move below 1.0340 would be the lowest level EUR/USD has traded at since 2003. A bearish triple moving average (TMA) formation requires the price to be below the short term SMA, the latter to be below the medium term SMA and the medium term SMA to be below the long term SMA. All SMAs also need to have a negative gradient. Euro Technical Outlook - EUR/USD and EUR/NOK on Diverging Paths

South32 sticks to its production outlook (Creamer Media's Mining Weekly)

PERTH (miningweekly.com) – Diversified miner South32 has maintained its production guidance for 2022 following a strong March quarter, while operating cost ...

Metallurgical coal production in the nine months to March declined by 10% on the previous corresponding period, to 4.3-million tonnes, while nickel production was up by 33% in the same period, to 30 900 t. Manganese ore production for the March quarter was down 4% on the previous quarter, to 1.2-million tonnes, while metallurgical coal production was up by 31% in the same period, to 1.5-million tonnes. “We achieved another excellent operating result, delivering to plan, capitalising on historically strong end markets for many of our commodities. Meanwhile, nickel production for the March quarter was up 1%, to 10 600 t, payable zinc production was down by 5% on the previous quarter, to 16 400 t, and payable lead production was up by 22%, to 34 600 t. We also reported the prefeasibility results for our Taylor deposit, underlining its potential to add further growth in the metals critical to a low carbon future. Alumina production for the March quarter was down 1% on the previous quarter, to 1.3-million tonnes, while aluminium production in the same period also declined by 1%, to 243 000 t.

Fitch Revises SABIC's Outlook to Positive; Affirms IDRs at 'A' (Fitch Ratings)

Fitch Ratings-Warsaw-25 April 2022: Fitch Ratings has revised Saudi Basic Industries Corporation (SABIC)'s Outlook to Positive from Stable, and affirmed th.

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Fitch revises Saudi Aramco's outlook to 'positive' (Reuters)

Ratings agency Fitch on Monday revised its outlook for state-owned Saudi Arabian Oil Co to "positive" from "stable", citing a similar action on the country.

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Fitch revises eight Saudi banks' outlook to positive (Arab News)

RIYADH: Fitch Ratings has revised eight Saudi Arabian banks' outlooks to positive from stable while affirming the banks' long-term issuer default rating, ...

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Forvia drives cautiously into 2022 as China, Ukraine cloud auto ... (Reuters)

Forvia, the European car parts maker created by Faurecia's takeover of German rival Hella , is cautious about the outlook for 2022, based on lower global ...

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