Tag Archives: SGD
European FX Daily
* Asian currencies and equities mixed * Singapore exports (NODX) contracted in July, but better than expected * We have raised our three-month USDIDR forecast to 9700
European FX Daily
* RBA Statement of Monetary Policy dovish in tone * Chinese export and credit growth disappoint in July * Singapore GDP weaker than expected * Canadian employment likely weak
Asia today: China Q2 growth slides to 3-year low; muted reaction
The Asian week finished with a bang as China’s Q2 GDP numbers came in slightly below expectations, though not enough to cause too much of a stir.
SGD ANALYSIS
The SGD was slightly weaker against the U.S. dollar late Wednesday as investors eased off a recent rally in risk appetite ahead of key events in the debt-stricken euro zone. Analysts said market participants are awaiting a meeting later in the global day where Germany’s Chancellor Angela Merkel and Italy’s Prime Minister Mario Monti are […]