As Singapore prepares for its upcoming monetary policy review, economists are grappling with forecasts that reveal a split in opinions regarding the likely direction of the Monetary Authority of Singapore (MAS). With the global economic landscape shifting due to evolving policies from the United States, particularly under President Donald Trump’s new term, analysts from various
Economy
The prospect of steep import tariffs proposed by US President-elect Donald Trump poses a significant challenge for the European Union (EU). With Trump’s administration suggesting a range of tariffs on imports—including a staggering 60% on Chinese goods and 25% on products from Canada and Mexico, along with an overarching 10% on global imports—EU policymakers find
As Asian markets prepare for the trading week ahead, several interwoven factors signal a potential shift in economic dynamics. The most salient is the tentative optimism surrounding the recovery of China’s economy, alongside a significant upward swing on Wall Street last Friday. However, this buoyancy is tempered by apprehensions regarding President-elect Donald Trump’s imminent inauguration.
The recent formation of the Department of Government Efficiency (DOGE), led by high-profile figures Elon Musk and Vivek Ramaswamy, has ignited fervent debate regarding its envisioned role in revolutionizing federal operations. While the initiative promises the potential to spotlight inefficiencies in government, a deeper look reveals that its actual influence may be disappointingly superficial. Analysts
Economic fluctuations are often shaped by pivotal events, and the upcoming inauguration of Donald Trump is set to have significant implications for currency markets. The interplay between the U.S. dollar and other currencies, particularly the Japanese yen, is a crucial indicator to watch as investors seek clarity on future monetary policy directions. This article explores
In a significant move, the Bank of England (BoE) has decided to postpone the implementation of stricter banking capital regulations until January 2027. This decision appears to be a strategic response to the uncertain regulatory environment under the incoming administration of U.S. President Donald Trump. The delay raises important questions about the future of financial
In recent trading sessions, the U.S. dollar experienced a downward shift, retreating from its recent highs. This shift in value is largely the result of U.S. inflation data that has shown signs of cooling, which in turn has influenced bond yields. On Thursday, it became evident that the dollar’s strength, which had been a prevailing
The COVID-19 pandemic brought unprecedented challenges to economies worldwide, and the response of various governments has been a matter of intense scrutiny. As U.S. Treasury Secretary Janet Yellen stepped down, her reflections on the Biden administration’s economic initiatives offer an insightful perspective on their impact. This article critically analyzes Yellen’s assertions regarding the economic measures
In a bold assertion, former Prime Minister Thaksin Shinawatra has voiced his strong support for the legalization of online gambling in Thailand. Speaking from his influential position, despite lacking a formal governmental role, Thaksin posited that such a move could significantly bolster the nation’s economy. He estimates that legalized online gambling could generate up to
As markets around the globe brace for significant developments, particular attention is focused on the unfolding dynamics within France’s political landscape. With the newly appointed Prime Minister François Bayrou preparing for a crucial speech, the implications for both the national budget and pension reforms are at the forefront. This article delves into the critical factors
The U.S. stock market is experiencing notable fluctuations, driven by a complex interplay of economic data and Federal Reserve policies. As observed over the last week, the S&P 500 index recently fell to a two-month low, reflecting investor anxieties rooted in higher bond yields and macroeconomic signals. These indicators point to a broader concern regarding
In recent months, economic signals have suggested a more robust U.S. economy than anticipated, prompting leading brokerages to revisit their forecasts regarding the Federal Reserve’s interest rate adjustments. The weekly employment report unveiled a surprising strength in job growth, which has reshaped the consensus outlook on the Fed’s monetary policies moving forward, especially concerning potential