Singapore Q2 GDP Rises 4.8 yy, Missing Forecasts

SINGAPORE, July 14 Reuters Singapore39;s economy grew slower than expected in the second quarter, preliminary data showed on Thursday. The Asian financial hub39;s economy grew 4.8 in AprilJuly, according to advance estimates from the Ministry of Trade and Industry MTI, faster than the 4.0 revised growth figure seen in the first quarter, but missing forecasts. […]
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Indias June WPI Inflation Stays above 15 in June

June WPI fuel inflation up 40.38 yy vs 40.62 in May June WPI food inflation up 12.41 yy vs 10.89 in May Near 7 rupee depreciation against dollar makes imports costlier Economists see central bank raising key rate in August NEW DELHI, July 14 Reuters India39;s annual wholesale pricebased inflation kept above 15 in June, […]
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UK Public Inflation Expectations Cool BofA Survey

LONDON, July 12 Reuters The British public39;s expectations for inflation in future years receded in recent weeks to the lowest level in almost a year, a survey showed on Tuesday in welcome news for Bank of England officials who fear price pressures might become embedded. Consumer inflation expectations continue to fall according to our survey, […]
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Nomura Expects Fed, ECB, BoE Rate Cuts next Year

July 12 Reuters Nomura expects major developed market central banks to start cutting interest rates next year as inflation eases and expected recessions linger, with peak rates expected to be hit this year. The Japanese bank39;s economists expect the U.S. Federal Reserve rate hikes to peak at 3.503.75 in February next year, despite an expected […]
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Chinas Exports Pick Up Speed in June as Economy Bounces

China June export grows at fastest pace in 5 months China June imports growth slows, miss f39;cast Overall export outlook still faces uncertainty Darkening global economic backdrop, Ukraine war add to strain BEIJING, July 13 Reuters China39;s exports grew at their fastest pace in five months in June, exceeding analysts39; expectations and adding to evidence […]
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