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Range trade against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD remains supported around 1.29 as the Singapore Dollar (SGD) Nominal Effective Exchange Rate (S$NEER) trades near the top of its band, implying the pair should hover close to this level. In the short term, they expect…

Inflation expected to rise in May for third straight month

The publication of Canada’s May Consumer Price Index (CPI) figures on Monday will be the focus of attention. Indeed, Statistics Canada data will provide markets with an update on price pressures following its June 10 meeting, where policymakers kept the interest rate steady at 2.25%, matching the broad consensus.Economists expect the headline CPI to rise by 2.9% in the year to May, still above the Bank of Canada’s (BoC) target and up from April’s 2.8%…

Business

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Costco adds new yogurt cups praised as ‘top tier’ treat

Costco has added a new frozen treat to its shelves from a brand customers have praised as “top tier.” Yasso Frozen Greek Yogurt Cups have been offered at select warehouse locations, according to the brand.The product was introduced late last month, the company announced, just in time as summer temperatures…

Markets

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Investing

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