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February 1, 2023

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Tag: Banks

Singapore: Retail Sales seen expanding 9.0% in 2022 – UOB
Forex News / Stock News

Singapore: Revised Q2 GDP contracted 0.2% – UOB

August 12, 2022September 1, 2022 - by admin - Leave a Comment

UOB Group’s Senior Economist Alvin Liew comments on the revised Q2 GDP figures in Singapore. Key Takeaways “Singapore’s final 2Q 2022 GDP was revised lower sequentially to a contraction of …

Singapore: Revised Q2 GDP contracted 0.2% – UOB Read More
US: July inflation prompts the Fed to re-think a 75 bps rate hike – UOB
Forex News / Stock News

US: July inflation prompts the Fed to re-think a 75 bps rate hike – UOB

August 12, 2022September 1, 2022 - by admin - Leave a Comment

Senior Economist at UOB Group Alvin Liew reviews the latest US inflation figures and the impact on the Fed’s rate path in the near term. Key Takeaways “Both key measures …

US: July inflation prompts the Fed to re-think a 75 bps rate hike – UOB Read More
Gold Price Analysis: XAUUSD struggles to register any recovery, hangs near YTD low
Forex News / Stock News

Gold Price Forecast: XAU/USD on the defensive amid rising yields, strong USD and tighter monetary – HSBC

August 12, 2022September 1, 2022 - by admin - Leave a Comment

Gold still faces a determined Fed tightening policy and a strong USD. If market sentiment shifts to a 50 bps rate hike as opposed to 75 bps, this may act …

Gold Price Forecast: XAU/USD on the defensive amid rising yields, strong USD and tighter monetary – HSBC Read More
Malaysia: Trade Balance figures in record levels – UOB
Forex News / Stock News

Malaysia: Labour market remains healthy – UOB

August 11, 2022September 1, 2022 - by admin - Leave a Comment

UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting comment on the publication of the Malaysian jobs report. Key Takeaways “Malaysia’s labour market continues its steady march towards …

Malaysia: Labour market remains healthy – UOB Read More
Asian Stock Market: Upside remains capped as Fed alarms recession fears, oil advances
Forex News / Stock News

Malaysia: Foreign Portfolio outflows increased in July – UOB

August 11, 2022September 1, 2022 - by admin - Leave a Comment

UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting assess the latest foreign capital flows data in the Malaysian economy. Key Takeaways “Malaysia recorded further foreign outflows of …

Malaysia: Foreign Portfolio outflows increased in July – UOB Read More
Taiwan: A war is not imminent but the risk is high in the medium to long-term – Danske Bank
Forex News

Taiwan: A war is not imminent but the risk is high in the medium to long-term – Danske Bank

August 11, 2022September 1, 2022 - by admin - Leave a Comment

Tensions are running high with rising fears over a Chinese invasion of Taiwan in the not too distant future. While risks are rising, economists still see a rather small probability …

Taiwan: A war is not imminent but the risk is high in the medium to long-term – Danske Bank Read More
Pound Sterling Price News and Forecast: GBP/USD surrenders its modest intraday gains
Forex News

GBP/USD: Pound remains vulnerable, could break under 1.20 again – Rabobank

August 10, 2022September 1, 2022 - by admin - Leave a Comment

Despite the broad-based slide of the US dollar on Wednesday following the US CPI, analysts at Rabobank still see the GBP/USD vulnerable to the downside and warn it could drop …

GBP/USD: Pound remains vulnerable, could break under 1.20 again – Rabobank Read More
Forex Today: Dollar stays under pressure ahead of key inflation data
Forex News

Fed: A 75 bps rate hike at the next meeting remains our base case – Wells Fargo

August 10, 2022September 1, 2022 - by admin - Leave a Comment

The US Consumer Price Index surprised to the downside in July, showed data released on Wednesday. Analysts at Wells Fargo point out that falling prices for gasoline, used autos and travel …

Fed: A 75 bps rate hike at the next meeting remains our base case – Wells Fargo Read More
Four main conclusions of the EU's Russia sanctions – Commerzbank
Forex News

Four main conclusions of the EU’s Russia sanctions – Commerzbank

August 10, 2022September 1, 2022 - by admin - Leave a Comment

In recent weeks, the discussion about the effectiveness of Western sanctions against Russia has increased. Strategists at Commerzbank come to four main conclusions. Success or failure? “The Russian sanctions imposed …

Four main conclusions of the EU’s Russia sanctions – Commerzbank Read More
Updated Canopy Growth Corporation ($CGC) 4H forecast
Forex News

FTSE 100 to hit 7,700 by year-end, GBP/USD to tank toward 1.15 – UBS

August 10, 2022September 1, 2022 - by admin - Leave a Comment

UK equities have held up well. The FTSE 100 index is up 1.5% year to date, outperforming other major markets. Economists at UBS see reasons why UK equities can continue …

FTSE 100 to hit 7,700 by year-end, GBP/USD to tank toward 1.15 – UBS Read More

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