Central Bank Watch
Very Slight Tightening of Monetary Policy in Singapore
July 27, 2026
In Singapore where interest rate policy is subordinated to exchange rate management, an unexpected further tightening of monetary policy was announced today. This was the second such adjustment in a row by the Monetary Authority of Singapore, which reviews policy only on quarterly basis. As in April, the upward slope of the targeted effective Singapore […] More
New Overnight Developments Abroad - Daily Update
Oil Price Drop to the Rescue
July 27, 2026
(129) As is often the case, President Trump chose a weekend when news cycles are less responsive for another twist in his Iran war strategy. U.S. air strikes were suspended, and Iran in kind did the same in its campaign against U.S. military targets in the region. In knee-jerk fashion, oil prices plunged 6.8% to […] More
