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Top News In சிங்கப்பூர் மைய வங்கி Today - Breaking & Trending Today

Nikkei rises amid various holidays in Asia


- 005380.KR Will temporarily halt production in the US due to chip shortages and maintenance – Yonhap.
China/Hong Kong
- 1211.HK Says it is talking to Xiaomi regarding auto partnership.
Other
- (SG) Singapore Central Bank (MAS) Survey: Economists see 2021 CPI at 1.4% (prior 0.9%); GDP at 6.5% (prior 5.8%).
- (G7) G7 Communique: Agree need to continue support economies for as long as necessary, shifting focus towards job creation and infrastructure investment, once recovery is firmly established need to work on repairing public finances, generally agreed inflation was temporary.
- (IQ) Iraq Oil Min Jabbar: Expect oil prices to be $68-75/bbl in second half of 2021 due to commitment to OPEC+ output cut - speaking from Baghdad International Book Fair. ....

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Yields remain in focus; OPEC+ meeting taking place


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ECB s Knot (Netherlands) stated at could be optimistic on recovery in H2 and added that higher yields reflected this cautious optimism
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ECB s Centeno (Portugal) stated that trade was almost recovered to pre-pandemic levels. Noted that the recovery was quite uneven across sectors
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Malaysia Central bank (BNM) Policy Statement reiterated stance that monetary policy was appropriate and would to use policy levers as appropriate. Re-imposing virus curbs to affect growth in Q1. Growth was projected to improve from Q2 but downside risks remained. Headline inflation anticipated to temporarily spike in Q2
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Singapore Central Bank (MAS) Dep Robinson: Fiscal stance in 2021 to support economic activity; rebound to pick up in mid-2021 ....

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