Singapore's Economy on Track as Inflation Steadies, Trade Improves -- Update

SINGAPORE--Singapore's economy looks on track for a strong year, with hopes underpinned by better-than-expected growth, steadying inflation and improving trade.

WSJ04:11 ET

US S&P Global PMIs Preview: Economic Expansion Set to Persist in May

On Thursday, S&P Global will issue its flash estimates of the United States (US) Purchasing Managers Indexes (PMIs), a monthly survey of business activity. The survey is separated into services and manufacturing output and aggregated into a single statistic, the Composite PMI.

FXStreet04:00 ET

Forex Today: US Dollar Loses Recovery Momentum, Eyes on PMI Surveys

The US Dollar (USD) Index seems to have entered a consolidation phase early Thursday after climbing to a weekly high near 105.00 on Tuesday.

FXStreet02:41 ET

Singapore Core Inflation Rate Holds Steady at 3.1% in April

Singapore's core inflation rate was unchanged in April from the prior month, giving the central bank room to wait and watch amid risks to economic growth from geopolitical tensions and diverging global monetary policy paths.

BNN Bloomberg01:19 ET

USD/SGD Steady, Underpinned by Hawkish FOMC Minutes -- Market Talk

0334 GMT - USD/SGD is trading steadily in the Asian session, underpinned by hawkish minutes of the FOMC's latest meeting, which sustain prospects for U.S. rates to stay higher for longer, analysts say

WSJ23:34 ET

GF Securities: Inflation is no longer the only consideration for the Fed to cut interest rates. We need to balance inflation and the job market

The Zhitong Finance App learned that Guangfa Securities released a research report saying that Federal Reserve officials generally believe that policy interest rates are in a reasonable position and still pay attention to the balance between the level of inflation and the job market. If inflation does not progress further, it is necessary to maintain high interest rates for a longer period of time; in addition, they support reducing the QT scale. The team believes that overall, the Federal Reserve still maintains a data-dependent strategy and has not given a definitive monetary policy path; however, the “central position” of its monetary policy stance has changed slightly: the statement in the minutes shows that inflation is no longer the only consideration for interest rate cuts; balancing inflation and the job market is. First, the Federal Reserve meets every year8

Zhitong Finance23:25 ET