SINGAPORE JULY CPI 1.9% YoY vs expected 2.1%. SINGAPORE JULY CPI 0.3% MoM vs expected 0.6%. Aug. 23 (Bloomberg) — Gains in food and transportation costs contributed to quicker inflation, Statistics Department said… Continue reading
It started this morning with the Japan trade deficit. But look at the way 2 reports put it. NEGATIVELY “The trade data released by the Japanese custom office was worse than the market… Continue reading
Economic News 2Q Final GDP 15.5% QoQ vs expected 14.2% 2Q Final GDP 3.8% YoY vs expected 3.5% IRS It was a short week for Singapore with most of the action in USDSGD… Continue reading
A pleasant surprise on Hari Raya Puasa and the National Day , Singapore was rewarded with a big black candle in the USDSGD chart. We have broken into the Ichimoku cloud ! “Aug.… Continue reading
This shows how on the edge the market is. Did anyone see that big candle in Gold this morning ? No explanation offered yet except that a german bank bought a chunk. USDSGD… Continue reading
Economic News 2Q13 GDP +15.2% QoQ vs expected +8.1% 2Q13 GDP +3.7% YoY vs expected +2% May Retail Sales +3.2% YoY vs expected +1.8% May Retail Sales +2.1% MoM vs expected -1% May… Continue reading
In early Feb, I wrote Sunday Times, Coffee and Slight Nausea. Tired of reading the same old “piece of mind numbing happy utopia calls, I will protest at the Toto salaries they are… Continue reading
10 years since MAS formalised the SGD FX policy into semi annual statements and inflation targeting NEER adjustments. Out of the 20 MPS we have had, there was only 1 time when the… Continue reading
Singapore Update
byBy Sharon Chen Sept. 4 (Bloomberg) — GDP growth forecast at 4% Y/y this quarter, according to median of 19 economists and analysts in Monetary Authority of Singapore’s Sept. quarterly survey. • Economists… Continue reading →