The Magazine for Asian Investors
The Monetary Authority of Singapore (MAS) and Singapore’s Ministry of Trade and Industry (MTI) said today that MAS core inflation rose to 3.3% year-on-year in April from 2.9% in March. Meanwhile, the CPI All Items increased by 5.4% YoY in…
The U.S. dollar gained against a basket of major currencies on Friday (May 20) as investors bought the greenback as a safe haven amid concerns about the impact of rising inflation. The dollar index, against the six major currencies in…
Japan’s Ministry of Internal Affairs and Communications reported on May 20 that the consumer price index (CPI) rose 2.1% in April from a year earlier. This was the fastest growth in seven years and was above the Bank of Japan’s…
The U.K. Office for National Statistics (ONS) reported that the consumer price index (CPI) rose 9% year on year in April. This was the highest level in 40 years as rising food and energy prices exacerbated the cost of living…
U.S. stock markets are all down YTD. Gold is also down YTD after the latest downturn. Inflation concerns, recession fears, and most importantly, global equity markets have wiped out $11 trillion in assets over the last 5 weeks. Not an…
The Russian Federal Statistics Service (Rosstat) reported that the consumer price index (CPI) rose 17.83% year-on-year in April, the highest level since January 2002. The rise in the consumer price index was boosted by the devaluation of the ruble and…
Gold futures closed lower on Thursday (May 12) as markets were pressured by the dollar’s appreciation and fears that the U.S. Federal Reserve (Fed) will accelerate interest rates to curb inflation. The gold futures fell $29.1, or 1.57%, at $1,824.6…
Gold futures closed higher on Wednesday (May 11) as investors bought gold as an inflation-proof asset after the U.S. consumer price index rose more than expected in April. The gold futures were up $12.7, or 0.69%, at $1,853.7 per ounce.…
China’s National Bureau of Statistics (NBS) reported today that the consumer price index (CPI), a measure of inflation, rose 2.1% year-on-year in April. This was above the 1.5% increase in March and above analysts’ forecasts of a 1.9% rise. In…
The National Bureau of Statistics of Turkey announced that the Consumer Price Index (CPI) rose 69.97% year-on-year in April, the highest level in 20 years. On a monthly basis, the consumer price index rose by 7.25% in April. The rise…
