China: PBoC reduces the LPRs – UOB
UOB Group’s Economist Ho Woei Chen, CFA, evaluates the latest move by the PBoC. Key
Fed’s Kashkari: Fear in back of mind is that inflation is more embedded at higher level than appreciate
Federal Reserve's Neel Kashkari is crossing the wires with his comments dripping through throughout early
Asian Stock Market: Declines on dismal global PMIs, oil stabilizes above $93.00
Asian stocks are facing the heat of poor global PMIs. A massive decline in the
Gold Price Forecast: XAU/USD steadies near $1,750 as central bankers head to Jackson Hole
Gold price remains steady after bouncing off monthly low. DXY retreat underpins the recovery as
Weak US data from unlikely to alter the appreciation of the US dollar – MUFG
The US Dollar Index (DXY) year-to-date high of 109.29 was in sight (109.27) and close
Four factors make for volatile markets – UBS
Financial markets remain volatile, with sentiment perhaps outweighing economic facts. The problem is the global
Singapore: Inflation surprised to the upside in July – UOB
Senior Economist at UOB Group Alvin Liew reviews the latest inflation figures in Singapore. Key
UK Preliminary Services PMI drops to 52.5 in August vs. 52.0 expected
UK Manufacturing PMI contracts to 46.0 in August, a big miss. Services PMI in the
US: S&P Manufacturing PMI drops to 51.3 in August, Composite PMI slumps to 45
S&P Global Composite PMI for the US continued to decline in August. US Dollar Index
China: Economic outlook remains constructive – JP Morgan
Analyts at JP Morgan note that they maintain their constructive outlook on the Chinese economy,