Philip Chua Business Blog

Posts Tagged ‘inflation’

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

After Japanese inflation data overnight, today's economic data calendar is primarily focused on the US. April personal income and spending figures are published alongside the latest 'core' PCE deflator and the Chicago PMI and Michigan surveys for May. Following yesterday's slightly weaker-than-expected outturn for the second estimate of Q1 GDP,

BARCLAYS Capital has trimmed its inflation forecast for Singapore for this year to 3 per cent, down from its previous prediction of 4 per cent.
The property market is stabilising and there are no signs of overheating in the economy, said Barclays in its quarterly macro-economic report.
It added that inflation readings had been lower than expected lately, and that this strengthened the case for the… more

The dollar found itself on the defensive against European currencies for much of the week, softness blamed on month- and quarter-end stop-loss orders. Several factors favored technical retracement in EUR/USD pair, which has seen an 800 pip Q1 quarter sell-off. Traders cited passive month/quarter end portfolio rebalancing, higher March inflation…

In our 2010 annual outlook we forecasted a growth rate of 2 percent plus for 2010 and overall consumer inflation of around 2 percent as well. This week’s economic releases support that outlook. On the real economy side, three economic releases this week – industrial production, the Philadelphia Fed index…

Consumer prices were flat last month, as the weak economy limited the ability of companies to charge more for goods and services.









Inflation – Economy – England – Business – Travel and Tourism