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Fitch: Too Early To Call China’s RRR Cut Clear Sign Of Easing

username June 26, 2018 No Comments forex news

China’s two reserve requirement ratio cuts have prompted market speculation that a new cycle of monetary easing is underway, but Fitch Ratings said it is too early to conclude recent policy actions mark a clear reversion in stance. Fitch said that the recent RRR cuts should be viewed in the context of liquidity management measures […]

Singapore Industrial Production Growth Exceeds Forecast

username June 26, 2018 No Comments forex news

Singapore’s industrial production growth accelerated at a faster-than-expected pace in May, preliminary figures from the Economic Development Board showed Tuesday. Manufacturing output surged 11.1 percent year-over-year in May, faster than the 9.1 percent spike in April. The growth was expected to improve to 10.0 percent. Excluding biomedical manufacturing, output expanded by 9.8 percent. All manufacturing […]

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