MAS seen on hold with cautious inflation tone – OCBC

OCBC’s Sim Moh Siong and Christopher Wong expect the Monetary Authority of Singapore (MAS) to leave the Singapore Dollar (SGD) Nominal Effective Exchange Rate (S$NEER) policy unchanged at Monday’s meeting despite a modest rebound in core Consumer Price Index (CPI) to 1.6% year-on-year in June. They argue the move does not yet signal a broad […]
Gold (XAUUSD) Price Forecast: Gold Recovers as Peace Talk Report Cools Oil – FXEmpire

Gold (XAUUSD) Price Forecast: Gold Recovers as Peace Talk Report Cools Oil FXEmpire Source link
U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.45%

U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.45% Source link
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Oil Prices Pull Back – FXEmpire

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Oil Prices Pull Back FXEmpire Source link
Euro falls even amid strong Eurozone PMIs

EUR/USD trades lower near the 1.1370 area on Friday, struggling despite stronger-than-expected Eurozone business-activity figures. The US Dollar Index (DXY) remains firmer near 101.50, offering limited support to the pair. Germany’s preliminary HCOB Composite Purchasing Managers Index (PMI) climbed to 51.2 in July from 49.5, exceeding expectations of 49.8 and returning to expansion territory. Manufacturing […]
Bank of America hikes common stock dividend by 14%

Bank of America hikes common stock dividend by 14% Source link
