Tag Archive: SGD

Mexico hits back with pork, bourbon tariffs

Mexico imposed wide-ranging tariffs on American products ranging from steel to pork and bourbon on Tuesday, responding to President Donald Trump’s metals tariffs and taking aim at Republican strongholds ahead of U.S. congressional elections in November. Mexico’s retaliation further raises…
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Dollar Moves Confined as Investors Look for Clues

Tuesday June 5: Five things the markets are talking about The risk rally remains afloat despite last week’s geopolitical concerns and pending global tariff fall out. Capital markets seem content to regroup after recent developments. However, with President Trump stepping…
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U.S. Factory Orders Fall

New orders for U.S.-made goods fell more than expected in April, weighed down by declines in demand for transportation equipment and machinery, but the underlying trend continued to suggest strong momentum in the manufacturing sector. Factory goods orders decreased 0.8…
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‘Bumpy road’ ahead of Korea summit

US Defence Secretary James Mattis has warned of a “bumpy road” to the negotiating table with Kim Jong-un, as nuclear talks with North Korea, tentatively scheduled for June 12, still appear to hang in the balance. He cautioned against high…
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U.K PM Plans Trade Talks with Trump this week

The prime minister is planning further talks with US President Donald Trump about a looming trade war over steel and aluminium tariffs. Theresa May’s spokesman said on Monday that the two leaders would discuss the issue again later in the…
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Dollar Dips on Trade Worries

Monday June 4: Five things the markets are talking about Last week, geopolitical events again captured the attention of capital markets even though critical economic data had been released. With political concerns about the eurozone having somewhat eased by week’s…
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Dollar Rises as US Jobs Outperform Despite Trade Fears

The US dollar is higher against major pairs on Friday after a strong US jobs report was published. The U.S. non farm payrolls (NFP) report showed the economy added 223,000 jobs last month driving the unemployment rate to a 18-year…
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May Non-farm Payroll (NFP) by the Numbers

It’s another strong U.S employment report US Labor May Nonfarm Payrolls +223K; Consensus +190K US May Unemployment Rate 3.8%; Consensus 3.9% US May Average Hourly Earnings +0.3%, or +$0.08 to $26.92; Over Year +2.7% US May Private Sector Payrolls +218K…
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