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Top News In சிங்கப்பூர் அல்லாத எண்ணெய் ஏற்றுமதிகள் Today - Breaking & Trending Today

*Singapore Non-Oil Exports +8.2% On Month, +4.2% On Year In February


Singapore Non-Oil Exports +8.2% On Month, +4.2% On Year In February
Singapore Non-Oil Exports +8.2% On Month, +4.2% On Year In February
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Creeping bond yields unnerve markets - MarketPulse


Creeping bond yields unnerve markets
February 17, 2021SharePrint
US yields continue to rise
Government bond yields crept higher overnight, notably in the United States where the US 10-year rose above 1.30%, and the 30-year consolidated above 2.0%, rising to 2.08%. With the buy, everything trade spanning equities, currencies and commodities in full swing for most of February, the rise in yields was enough to provoke investors to book profits. That was despite the price action in yields being a repeat of much of last week.
I noted yesterday that another spike in US yields was the only thing that could upset the Biden stimulus/vaccine-led recovery buy everything rally. For once my timing was right, although I can really claim no credit. Financial markets at the moment are schizophrenic, concentrating on a single issue of the day depending on the narrative they want to hear and their positioning while excluding what doesn’t suit. Last night it was bond markets turn t ....

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China GDP outperforms - MarketPulse


China GDP outperforms
China starts week with strong data
China’s GDP for Q4 showed an increase of 6.50% YoY for Q4, leaving China on track to expand by 2.30% for 2020. Industrial Production rose by an impressive 7.30% as the rest of the world’s insatiable demand for Made in China showed no signs of slowing down. By contrast, domestic data still showed the caution that has been prevalent throughout the year. Retail Sales for December rose 4.60% versus 5.50% expected, a cause for joy in any other country but China. That likely reflects the Covid-19 restrictions in parts of the country and the freezing weather that has sent energy prices soaring. Unemployment, though, held steady at 5.20%, and this metric will leave Chinese authorities still in their comfort zone. ....

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