Philip Chua Business Blog

Posts Tagged ‘Friday’

The dollar traded mixed on Friday, higher against the yen but lower versus the commodity currencies as risk appetite rose. Federal Reserve Chairman Ben Bernanke said the Fed is prepared to provide additional unconventional stimulus measures if needed. US GDP growth slowed less than expected in Q2 2010. The S&P

U.S. Dollar Trading (USD) was strong on Friday as stocks markets around the world remained heavy and the Euro lead majors lower. The outlook is a little mixed going forward however as the US itself may further expand easing measures to support the economy and potentially weigh on the Dollar.

The dollar rose for a second day on Friday. The strengthening dollar is essentially a monetary-policy tightening, increasing the risk of a double-dip US recession and deflationary pressures. The S&P 500 fell 3.94 to 1,071.69, registering a second straight weekly fall. The USD/JPY gained modestly today but edged down for

The dollar rose against most of its rivals on Friday. US July retail sales increased in line with forecast; July inflation was tame; and August consumer sentiment rebounded from an 8-month low. The S&P 500 declined 4.36 to 1,079.25, pressured by disappointing sales reports from US retailers in July. The

(SINGAPORE) After a sluggish start, listed companies in Singapore made up for lost time in the second quarter, with their bottom lines jumpstarted by the recovering economy. As of last Friday, the 105 companies that had released their financial results for Q2 ended June reported a 47.1 per cent year-on-year increase in combined net profit to $3.676 billion. And of the 105, an overwhelming majority... more

The dollar fell versus its counterparts except the Canadian dollar on Friday after a Labor Department report showed July US nonfarm payrolls dropped more than expected. US interest rates declined and the S&P 500 slipped 4.17 to 1,121.64. The yen advanced as US 2-year note yields fell below 0.50% for