25
Mar
Posted by Emvertex

SINGAPORE - Smaller declines in private road transport and accommodation costs caused headline or overall inflation to go up slightly to 0.5 per cent year on year in February, up from 0.4 per cent in the previous month, data released on Monday (March 25) showed. Core inflation - which strips out private transport and accommodation costs - showed a reverse picture and came in a tad lower at 1.5 per cent last month, down from 1.7 per cent in January.…

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12
Mar
Posted by Emvertex

Global asset management (DWS) said on March 11 that the yuan will still fall against the dollar this year as China's economy has not yet stabilized, and it expects the yuan to remain at 7 yuan to the dollar for a year.   March 11, according to Reuters news, DWS (former deutsche asset management) Asia Pacific investment director Sean Taylor has said at the press conference: "the recent relatively strong, due to the vision will have more capital market cycle…

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6
Mar
Posted by Emvertex

On Tuesday, March 5, 2019, the dollar held on to positive territory after some supportive economic data. The ISM manufacturing index for February was 59.7, above analysts' estimates of 57.5 and above the preliminary reading. The ICE dollar index rose 0.2 percent to 96.831. [caption id="attachment_735" align="alignnone" width="670"] The dollar hit a 2 week high[/caption] Elsewhere, the pound rebounded from earlier losses against the dollar. The British government did not expect any breakthrough from a meeting between British attorney general…

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25
Feb
Posted by Emvertex

The dollar was little changed as the minutes of the fed's January meeting maintained a "dovish" tone, indicating flexibility on whether to raise interest rates and considering a possible end to its tightening soon.Despite recent optimism about the outcome of the u.s.-china trade talks, franklin said there is still some safe-haven demand for the dollar as the March 1 deadline approaches, but the fed will continue to favor a dovish tone and limit dollar moves. U.S. President Donald trump signaled…

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