Thursday, May 23, 2013

Market Daily -- 23rd May 13

4. Singapore Apr CPI +1.5% On Year; DJ Poll Tipped +2.9%
Singapore Apr Transportation Prices +0.5% On Year
Singapore Apr Housing Costs +1.1% On Year
Singapore Apr Food Prices +1.8% On Year

3. Singapore Revised 1Q GDP +1.8% Adj On Quarter, Annualized Vs -1.4% Earlier Estimate
Singapore Revised 1Q GDP +0.2% On Year Vs -0.6% Earlier Estimate

2. Monetary Authority of Singapore: Local Dollar Band Allowing Us to Manage Volatility
MAS: Current Monetary Policy Stance Remains Appropriate
MAS: Singapore Dollar Has Stayed Within Band
MAS: See No Spike in Capital Flows but Continue to Monitor Capital Moves Closely

1. The Dow Jones industrial average .DJI was down 80.41 points, or 0.52 percent, at 15,307.17. The Standard & Poor's 500 Index .SPX was down 13.81 points, or 0.83 percent, at 1,655.35. The Nasdaq Composite Index .IXIC was down 38.82 points, or 1.11 percent, at 3,463.30.

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