USD/SGD Steady Ahead of Singapore's May CPI Data -- Market Talk

Dow Jones

2024-06-24

0311 GMT - USD/SGD is steady ahead of Singapore's May CPI data due later in the day. Key highlight for Asia today is Singapore's inflation report, says Lloyd Chan, senior currency analyst at MUFG Bank, in a research report. The country's core inflation is likely to only edge lower to 3% on-year in May from 3.1% in April, and this probably won't be sufficient for Singapore's central bank to loosen policy at its quarterly meeting in July, Chan says. USD/SGD is little changed at 1.3552. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

June 23, 2024 23:11 ET (03:11 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Key highlight for Asia today is Singapore's inflation report, says Lloyd Chan, senior currency analyst at MUFG Bank, in a research report. The country's core inflation is likely to only edge lower to 3% on-year in May from 3.1% in April, and this probably won't be sufficient for Singapore's central bank to loosen policy at its quarterly meeting in July, Chan says. USD/SGD is little changed at 1.3552. 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Key highlight for Asia today is Singapore's inflation report, says Lloyd Chan, senior currency analyst at MUFG Bank, in a research report. The country's core inflation is likely to only edge lower to 3% on-year in May from 3.1% in April, and this probably won't be sufficient for Singapore's central bank to loosen policy at its quarterly meeting in July, Chan says. USD/SGD is little changed at 1.3552. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 23, 2024 23:11 ET (03:11 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4024","symbol_name":"房地產開發","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2445018366","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2445018366","pubTimestamp":1719198660,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0311 GMT - USD/SGD is steady ahead of Singapore's May CPI data due later in the day. Key highlight for Asia today is Singapore's inflation report, says Lloyd Chan, senior currency analyst at MUFG Bank, in a research report. The country's core inflation is likely to only edge lower to 3% on-year in May from 3.1% in April, and this probably won't be sufficient for Singapore's central bank to loosen policy at its quarterly meeting in July, Chan says. USD/SGD is little changed at 1.3552. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4024":"房地产开发","USD":"ProShares Ultra Semiconductors","SGD":"SAFE & GREEN DEVELOPMENT CORP"},"translate_title":"美元/新加坡元在新加坡5月CPI数据公布前保持稳定——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SGD":1,"USD":1,"USDSGD.FOREX":1},"content_text":"0311 GMT - USD/SGD is steady ahead of Singapore's May CPI data due later in the day. Key highlight for Asia today is Singapore's inflation report, says Lloyd Chan, senior currency analyst at MUFG Bank, in a research report. The country's core inflation is likely to only edge lower to 3% on-year in May from 3.1% in April, and this probably won't be sufficient for Singapore's central bank to loosen policy at its quarterly meeting in July, Chan says. USD/SGD is little changed at 1.3552. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 23, 2024 23:11 ET (03:11 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}