
Currency snapshot (commodity pairs)
Jun 02, 2016 13:37 pm UTC| Commentary
Dollar index trading at 95.42 (-0.01%) Strength meter (today so far) Aussie -0.49%, Kiwi -0.28%, Loonie -0.42% Strength meter (since last week) Aussie +0.68%, Kiwi +1.69%, Loonie -0.78% AUD/USD Trading at...
UK construction PMI misses forecasts, extends slowdown in May
Jun 02, 2016 13:32 pm UTC| Commentary
The seasonally adjusted Markit/CIPS UK Construction Purchasing Managers Index (PMI) missed forecasts at 52.5 and printed at 51.2 in May, down from 52.0 in the previous month. Output growth easing to its weakest for almost...
US Treasuries gain ahead of employment report
Jun 02, 2016 12:46 pm UTC| Commentary
The U.S. Treasuries gained on Thursday as investors were cautious ahead of May employment report on Friday. The yield on the benchmark 10-year Treasury note fell 1-1/2 basis point to 1.832 percent by 12:45 GMT. The US...

Commodities snapshot (precious & industrial)
Jun 02, 2016 12:41 pm UTC| Commentary
Metal pack is mixed today. Performance this week at a glance in chart table - Gold Gold is marginally higher today, focus is on NFP report Todays range $1211-1218 Gold is currently trading at...
Taiwan’s industrial activity recovery likely to be gradual and uneven
Jun 02, 2016 12:39 pm UTC| Commentary
Taiwanese industrial output, in April, declined 4.1% on a year-on-year basis, whereas it dropped 0.8% on a sequential basis. It had growth 1.3% m/m in March. The soft data of industrial production is in line with the view...
Singaporean economy likely to grow 1.5 pct in 2016; MAS to keep policy on hold until October
Jun 02, 2016 12:31 pm UTC| Commentary
The final first quarter GDP of Singapore was upwardly revised to 0.2% on a sequential basis saar from the advance estimate of 0%. However, the year-on-year expansion was unchanged at 1.8%. An upward revision to the...

ADP points to momentum loss of labor market
Jun 02, 2016 12:26 pm UTC| Commentary
Today ADP employment numbers were released from US for the month of May. ADP number shows US economy and its labour markets is resilient but in second quarter losing some steam. There are two things to note...