Author: Admin
MON: Holiday: Japanese Marine Day (Jul), Chinese LPR (Jul), German PPI (Jun), Canadian CPI (Jun), NZ Inflation Rate Y/Y (Q2) TUE: Norwegian Unemployment Rate (Jun), UK Unemployment Rate (May), German/EZ ZEW Economic Sentiment (Jul), US ADP Employment Change Weekly, South Korean PPI (Jun) WED: Eurogroup EU-UK summit, Japanese Balance of Trade (Jun), UK Inflation (Jun), South African CPI (Jun) THU: South Korean GDP (Q2), Aussie Jobs (Jun), ECB Policy Announcement (Jul), CBRT Policy Announcement (Jul), SARB Policy Announcement (Jul), Canadian Retail Sales (May), US Jobless Claims (Jul), EZ Consumer Confidence Flash (Jul) FRI: CBR Policy Announcement (Jul), Global Flash PMIs…
“He is now no longer able to think clearly or communicate his wishes.”
DBS Group Research economist Ma Tieying analyzes the latest Bank of Korea (BoK) decision, noting a hawkish shift as the base rate is raised to 2.75%. The report now anticipates a faster tightening cycle, with the policy rate reaching 3.25% by year-end 2026. Growth is expected to benefit from the AI-driven semiconductor sector, while Consumer Price Index (CPI) inflation is projected to overshoot target.BoK signals accelerated tightening cycle”The Bank of Korea raised the base rate to 2.75% from 2.50% at its July 16 meeting, marking the first rate hike since January 2023. The BOK maintained a hawkish stance and signaled…
Buyers who skip comparison shopping often end up considerably overpaying for their mortgage.
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/CNH is currently consolidating in a narrow range around 6.77. In their 1–3 week view, they maintain a downside bias toward 6.7600 as long as strong resistance at 6.7820 remains intact. Over 1–3 months, they see tentative upside potential if key technical resistance is broken.Short-term consolidation, medium-term downside bias”24-HOUR VIEW: After USD fell as we expected on Wednesday, we highlighted the following yesterday: “Our view was not wrong, as USD subsequently rose to 6.7781 and then fell to a low of 6.7653. Downward momentum continues to…
“It doesn’t make a difference who wins the game. The IRS will get a piece.”
Mustafa Centre is one of Singapore’s most recognisable retail landmarks. Located in the Little India neighbourhood on Syed Alwi Road, the 24-hour department store has served Singapore’s diverse community for decades, and its gold section draws buyers from across the island — particularly those looking for 22-karat Indian-style gold jewellery. For buyers focused on jewellery, it is a well-known destination. For those looking to buy gold as an investment, the picture is a little different, and worth understanding before you buy. This guide covers what Mustafa Centre sells, how its gold pricing works, the purity standards it uses, and how…
The upcoming week will be dominated by the European Central Bank’s (ECB) interest rate decision, United Kingdom (UK) inflation and labor market figures, and preliminary global Purchasing Managers Index (PMI) data. Australian employment, New Zealand inflation and Canadian CPI figures will also attract attention.The US Dollar Index (DXY) trades slightly higher near 100.80 after mixed United States (US) economic releases. The United States (US) calendar will be relatively light, leaving the Greenback sensitive to Federal Reserve (Fed) expectations, global risk sentiment, and developments in energy markets.US Initial Jobless Claims are expected to rise slightly to 212K from 208K on Thursday.…
While investors are concerned about a memory peak, analysts say the stock still looks cheap relative to various earnings scenarios.
Eightcap Challenges may be a newer name, but Eightcap’s history in prop trading began years before the product launched. Between 2021 and 2024, Eightcap supported more than 300,000 funded challenges across approximately 40 prop firms and education brands. It saw the industry grow rapidly and also saw what happened when hype moved faster than infrastructure, transparency and trader trust. Eightcap eventually stepped away from the space. So why come back? The industry needed a reset The rapid growth of prop trading created more opportunities for traders, but it also introduced new problems. Some firms relied on aggressive marketing, complex conditions…