Singapore GDP

Softer Dollar as Second Week of July Draws to a Close

July 12, 2019

The dollar fell overnight by 0.5% against the Swiss franc, 0.4% versus the yen, 0.3% relative to the Australian dollar, and 0.2% vis-a-vis the loonie, peso, and sterling. EUR/USD is unchanged, however. The S&P 500, Hang Seng, Nikkei, and German Dax are barely changed, but Chinese equities rose 0.5% after release of Chinese data showing […] More

Ugly Start to a New Year

January 2, 2019

In the first session of 2019, stock markets slumped 3.1% in Hong Kong, 1.8% in Taiwan, 1.6% in Australia,, 1.5% in South Korea and Vietnam, 1.2% in China, and 1.0% in India and Singapore. There was mercifully no trading in Japan or New Zealand due to holiday closures. In Europe where the Swiss market was […] More

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