MNI BRIEF: BOJ Rate-Checking Euro, May Intervene

MNI BRIEF: Japan MOF Official Not Commenting On FX Action

MNI: FED BALANCE SHEET TOTAL ASSETS +$2.6B TO $7.224T IN WEEK

MNI BRIEF: Fed's Musalem: Interest Rates Likely To Be 3.5%-4% Over Long Run

FED’S DALY: POLICY ADJUSTMENTS LIKELY WARRANTED AT SOME POINT

MNI China Daily Summary: Thursday, July 11

MNI: US JUN TREASURY BUDGET -66B

US Treasury Auction Calendar

US EIA:NAT GAS STORAGE +65 BCF TO 3,199 BCF JUL 05 WK

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CPI Expected To Accelerate

SGD

Singapore dollar strengthened on Friday as the greenback receded, USD/SGD closing the session 24 pips lower at 1.3623, the pair last down 3 pips at 1.3620

  • On the coronavirus front, Singapore is seeking to add more countries to its vaccinated travel lane after allowing vaccinated visitors from Germany and Brunei from next month.
  • On the geopolitical front US Vice President Harris will hold several meetings in Singapore on Monday, one subject of discussion with Singapore PM Lee will be supply chain resilience. The visit is aimed at broadening cooperation between nations.
  • The data highlight today are July CPI figures, the headline index is expected to rise 2.5% from 2.4% last time out, the core figure is expected to rise 1.0%. Goldman Sachs are slightly less bullish than consensus: "We expect headline CPI inflation to edge down slightly to 2.3% yoy in July (Bloomberg consensus: 2.5% yoy) from 2.4% yoy in June. On a sequential, seasonally adjusted basis, we expect headline CPI momentum to increase slightly to 0.1% mom s.a. in July from 0% in the previous month as an increase in domestic fuel prices was partially offset by cheaper certificate of entitlement (COE) premiums."
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.