Markets Insights

Economic data, US$ movements may hit markets

US President Donald Trump's criticism of the US dollar's strength and the Federal Reserve's interest rate hikes caused the greenback to fall the most in three weeks last Friday.
US President Donald Trump's criticism of the US dollar's strength and the Federal Reserve's interest rate hikes caused the greenback to fall the most in three weeks last Friday.PHOTO: AGENCE FRANCE-PRESSE

Investors will be keeping an eye on key data such as US second-quarter GDP figures

Renewed focus on the strength of the US dollar and continuing trade tensions is expected to weigh on Singapore markets this week, ahead of a busy economic calendar.

At home, Singapore is set to announce its June consumer price index figures today and industrial production numbers on Thursday. The second-quarter unemployment rate and the Urban Redevelopment Authority's quarterly property market update are out on Friday.

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A version of this article appeared in the print edition of The Straits Times on July 23, 2018, with the headline 'Economic data, US$ movements may hit markets'. Print Edition | Subscribe