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Market News Briefing – Aug 18th 2016 13:30 (GMT+1)

Wal-Mart beat the forecasts:

The US retail giant Wal-Mart today raised the annual profit forecast after recorded a financial results which were better than expected – $1.07 per share, five cents more than analysts’ forecasts on revenue of $120.9 billion, for the second quarter of the year. 23 more words

Market News Briefing – Aug 18th 2016 09:30 (GMT+1)

The UK retail sales rose unexpectedly in July.
The warm weather increased the clothing sales and a weakening the pound has encouraged tourism to make purchases in Britain, particularly in luxury stores. 20 more words


Market News Briefing – Aug 12th 2016 13:45 (GMT+1)

A disappointing US economic data

The retail sales figures remained unchanged in July, while analysts expected an increase of 0.4% in this figure.
In addition, the producer price index disappointed investors after the index fell in July by 0.4% compared to expectations of an increase by 0.1% and compared with the index of June which recorded an increase of 0.5%.


Singapore economy grew 2.1% in Q2, full-year growth forecast trimmed to 1-2%

(Source: www.channelnewsasia.com)

SINGAPORE: The growth forecast for Singapore’s economy in 2016 has been narrowed to between 1 and 2 per cent, from the initial range of between 1 and 3 per cent, the Ministry of Trade and Industry (MTI) said on Thursday (Aug 11). 349 more words

Current Affairs

Apple is squeezing suppliers keep its profits high, says analyst

(Source: www.businessinsider.sg)

As iPhone sales fall, Apple is leaning on suppliers to keep its profits up. 

Apple is squeezing its suppliers for lower prices, RBC Capital Markets analysts Amit Daryanani and Jeriel Ong claim in a research note distributed to clients on Tuesday.  307 more words


Market News Briefing – Aug 9th 2016 09:30 (GMT+1)

The trade deficit of the United Kingdom expanded in June to 12.5 billion pounds, versus 11.5 billion pounds in May.
The deficit was larger than forecast which stood at 9.6 billion pounds. 32 more words


Market News Briefing – Aug 5th 2016 13:35 (GMT+1)

July jobs report smashed the early forecasts with an extra necklace of 255 thousand jobs, versus forecasts for the addition of only 180 thousand.
The futures contracts on Wall Street are at a positive direction after the report’s release. 12 more words

Futures Contracts