Finance and Markets

USD-SGD expected at 1.3450-1.3520 range

The better-than-expected PMIs boosted global risk appetite, according to OCBC.

Finance and Markets

USD-SGD expected at 1.3450-1.3520 range

The better-than-expected PMIs boosted global risk appetite, according to OCBC.

Finance and Markets

Banks loans to accelerate

OCBC said bank loans are expected to accelerate further from 9% yoy in June to 11%, crossing into double-digit growth territory for the first time since February 2009.

Finance and Markets

Singapore: Further tightening could push rates lower

Macquarie Research believes MAS is unlikely to tighten monetary policy again in October.

Finance and Markets

Singapore: Difficult to derail 2010 growth momentum

Macquarie Research says with increases in pharmaceutical output capacity and the strong momentum in the service sector that could cushion the fall-out, contraction previously forecast may not come to pass.

Finance and Markets

MAS to auction $2 billion of 20-year SGS bond

On 27 August MAS will auction $2 billion of a new 20-year SGS bond with effective issue size of only $1.8 billion.

Finance and Markets

USD-SGD rises to 1.3638

The USD-SGD is currently around the 1.3600 mark as global risk appetite remains curbed by US data and Ireland’s downgrade, according to OCBC.

Finance and Markets

Singapore: Reliance on FDI from Europe raises concern

According to Macquarie Research, growth outlook appears vulnerable in terms of investment, with nearly half of Singapore’s cumulative net inflows of foreign direct investment from 2005 to 2009 coming from Europe.

Finance and Markets

Thai GDP on tap

Consensus and expectation are for a 6.0% drop in output which translates to 8.0% year-on-year growth.

Finance and Markets

Massive flow of foreign money into Asian stocks, Bonds

OCBC Bank is reporting a massive flow of money into Asian stocks and bonds over the last week, which is one factor behind the continued strength of the Singapore dollar.

Finance and Markets