Monday, May 7, 2012

Market Daily -- 7th May 12

5. Singapore April Foreign Exchange Reserves $246.1B Vs $243.6B March

4.Airbus Exec: Expect Aircraft Leasing Market To Stay Robust
Airbus Exec: Aircraft Lessors Placed 39 A320 Family Jets In Jan-Feb
Airbus Exec: Plan To Raise A320 Production Rate to 42/Month By End 2012
Airbus Exec: Demand For A330 Jets Remains Strong
Airbus Exec: Not Considering Offering To Buy Back Rivals' Planes To Gain Orders

3. OCBC Target Raised To S$10.03 Vs S$9.40 By Citigroup
Singapore MAS Executive: Inflation Remains Elevated
MAS: Price Pressures Likely To Subside As Economy Restructures From Reliance On Foreign Labor
Singapore MAS Executive: Business Costs To Rise As Economy Restructures
Singapore MAS: April Policy Stance Aimed At Keeping Economy On Even Keel
Singapore MAS Executive: Inflation To Ease Toward End Of Year 

2. Singapore MAS Executive: Consumer Price Inflation Averaged About 4.1% Since 2010

1. The Dow Jones industrial average .DJI dropped 168.32 points, or 1.27 percent, to 13,038.27 at the close. The Standard & Poor's 500 Index .SPX lost 22.47 points, or 1.61 percent, to 1,369.10. The Nasdaq Composite .IXIC fell 67.96 points, or 2.25 percent, to 2,956.34

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