Singapore Retail Sales (YoY) increased to 6.1% in August from previous 5.2%

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Oct 15, 2015

Risk-on returns with fading Fed rate hike prospects, a host of US data eyed

Improving risk sentiment was the underlying theme in Asia after markets once again bought the renewed speculations surrounding delay in Fed rate hike following the latest poor US fundamentals, as good news. The entire antipodean complex rallied on their respective fundamentals while the USD/JPY is seen correcting higher around 119 handle.

Singapore Retail Sales (YoY) increased to 6.1% in August from previous 5.2%

Risk-on returns with fading Fed rate hike prospects, a host of US data eyed

Singapore Retail Sales (MoM) climbed from previous -2.2% to 5% in August