Forex News
Singapore Exports On Road To Expansion
Singapore’s exports look set to expand in the first quarter of this year, according to a new trade barometer developed by Standard Chartered Bank which provides a one-quarter forward projection of the country’s export performance.
Singapore’s NODX up 6% in December
Singapore’s non-oil domestic exports (NODX) rose by 6.0 per cent in December 2013 from a year ago, due to an increase in shipments of non-electronic products which outweighed the decline in shipments of electronic products.
US Economic Update – January 2014
Recent partial indicators of economic activity for the United States have generally been positive with solid, if not strong, readings for total consumption, business investment, and exports.
ECB Noyer: 2013 Marked A Key Turning Point To Eurozone Normalization
European Central Bank Governing Council member Christian Noyer said Thursday that 2013 marked a key turning point toward a “normalization” of the Eurozone,
US: inflation in line with expectations
US December CPI prints were in line with expectations. We still expect inflation to start moving higher in 2014.
Japan Wholesale Prices Rise 1.3 Percent in 2013
Japan’s wholesale prices rose 1.3 percent in 2013 after declining 0.9 percent the previous year due to a weaker yen, which pushed up prices of oil and coal products, the Bank of Japan said Thursday.
US and European Post Recession Recovery Comparison
If we compare the economic recovery of the United States since the Great Recession with that of Europe – or more specifically the eurozone countries – the differences are striking, and instructive.
Japanese Machine Orders Rise 9.3 Percent in November
Japan’s core private-sector machinery orders rose a seasonally adjusted 9.3 percent on month in November to their highest level in over five years, the government said Thursday,
China – December credit growth slows while FX reserves jump
China – December credit growth slows while FX reserves jump
Labour Force – December 2013
December’s fall of 22.6k jobs missed market expectations which centred on a 10.k increase {CBA(f) +11.1k}.
Building Activity – QIII 2013
The upswing in building activity is part of the “transition” to more growth from the non-mining sectors. Low interest ratesettings provide the required background and it will be assisted with further lifts in business and consumer confidence.
Beige Book: Not so beige after all
General economic activity was upgraded again since nine Districts reported moderate growth in the current edition compared to seven Districts in the December edition of the Beige Book.