The Magazine for Asian Investors
Thailand’s central bank has raised its key interest rate to curb the highest inflation in 14 years and ensure a sustained economic recovery while leaving its growth forecast for 2022 at 3.3%. The Bank of Thailand (BOT) said the policy…
The core inflation rate in Singapore rose by 5.1% in August. This was mainly due to rising food and service prices. The figure was up from 4.8% in July when inflation hit a 14-year high. Last time Singapore reported a…
Japanese consumer core inflation rose to 2.8% in August. It thus reached its highest level in almost eight years. Although core consumer inflation has exceeded the central bank’s target of 2% for five consecutive months, the Bank of Japan (BOJ)…
Gold futures closed higher on Friday (Sept. 16) after a consumer confidence report was released in the U.S. that showed inflation expectations also fell. The decline in U.S. equity markets also prompted investors to buy gold contracts as a safe…
Japanese consumer core inflation is likely to reach its highest level in nearly 8 years in August. This is because companies have passed on higher commodity costs from the weaker yen. This underscores the ongoing price pressure on the economy.…
The Russian Federal Statistics Service (Rosstat) announced that the consumer price index (CPI) decreased by 0.03% last week. The CPI fell for the 10th consecutive week, prompting the Bank of Russia to cut interest rates on Friday to boost domestic…
The consumer price index (CPI) in the United Kingdom weakened slightly in August, but is still at a high level. The CPI slowed slightly to 9.9% in August from 10.1% in July. The CPI rose 0.5% from July to August,…
As reported by the Federal Statistical Office (Destatis), inflation in Germany accelerated again in August after slowing as expected in June and July. This is a signal that price pressure is continuing in view of the ongoing energy supply crisis.…
According to India’s Ministry of Statistics, the consumer price index (CPI) jumped to 7% in August from 6.71% in July. The August CPI rebound was driven by a surge in food prices. The CPI rose for the eighth consecutive month…
Gold futures closed higher on Friday (Sept. 9), supported by a weakening U.S. dollar from a 20-year high and an appreciation of the euro. Gold contracts gain buying momentum after the dollar falls. A weakening dollar makes gold contracts less…
