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Pound Sterling braces for a heavy week as Westminster empties out

The British Pound enters the new week on the back foot, having come within a whisker of fresh seven-month lows before steadying into a tentative bounce that has done little to change the bigger picture. Cable now carries a double burden, with a domestic political vacuum opening up after Keir…

Pressured against US Dollar as MAS tightening eyed – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong note that USD/SGD is trading with a bid tone on a firmer US Dollar (USD) backdrop, with resistance around 1.2940 and support near 1.2840/50. While Singapore Dollar (SGD) is seen as relatively resilient if Oil stays contained, higher US yields and fragile risk sentiment are expected to keep USD/SGD supported ahead of Singapore Consumer Price Index (CPI) and the July Monetary Authority of Singapore (MAS) meeting.Resilient SGD…

Finance news

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The hot new dating scene isn’t a bar. It’s Hyrox.

Scores of runners sporting elaborate glittered braids, sweat-soaked headbands, and neon matching outfits zipped past a bright blue inflatable Red Bull tunnel earlier this month at a Hyrox race in New York.I huddled nearby in a sliver of shade with four other women, all of us in matching shorts and…

Business

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Former Federal Reserve chair Alan Greenspan dies

Alan Greenspan, former chair of the board of the governors of the Federal Reserve System, died on Monday at the age of 100 years old, according to a statement from his wife Andrea Mitchell, NBC News chief Washington correspondent and chief foreign affairs correspondent. ”Alan passed away at our home…

Markets

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Investing

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