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11 Aug 2017

USD/CNY projection: 6.6549 - Nomura

Analysts at Nomura offered their projections for today's fix in USD/CNY.

Key Quotes:

"Our model1 projects the fix to be 221 pips lower than the previous fix (6.6549 from 6.6770) and 61 pips lower than the previous official spot USD/CNY close of 6.6610. The basket implied change is 73 pips lower than the previous official spot USD/CNY close (6.6537 from 6.6610)."

Aug 11, 2017

Singapore Gross Domestic Product (QoQ) registered at 2.2% above expectations (0.5%) in 2Q

Singapore Gross Domestic Product (QoQ) registered at 2.2% above expectations (0.5%) in 2Q
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Aug 11, 2017

RBA's Lowe wants to see wage growth rise to 3.5% or above

RBA's Lowe, while addressing questions from the representatives, said that he would want to see wage growth rise to 3.5% or above.  Key quotes Uncer
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