Philip Chua Business Blog

Posts Tagged ‘report’

The Japanese economy issued its report to shoe the Japanese machinery orders inclined less than expectations during June, signaling that Japanese companies may hold off its spending as the economy faces Yen edging towards 15-years high, which will impede the Japanese economy and will derail nation's export.

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

SINGAPORE'S real GDP growth could rise 1-1.5 percentage points on the back of higher tourism receipts if the Singapore Tourism Board's (STB) targets are met at the end of the year. In a report, Credit Suisse estimates that every dollar increase in tourism spending could add an additional $0.80 to GDP growth. 'If this forecast is correct, we estimate it would increase the ratio of tourism receipts ... more

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 U.S. economy continued to trudge its way through these early stages of its recovery this week. A slew of data sent relatively positive signals regarding consumer spending, the housing market, and manufacturing, but the focus is squarely on tomorrow’s payrolls employment report. ISM manufacturing data indicated a marked improvement…

All eyes will be on this week’s key release, the March US Employment Report. The report is expected to deliver the first sizeable increase in US payrolls since November 2007. After declining by 36k last month, partly due to bad weather, payrolls are forecast to have recovered by around 200k…