A quick view of major events from around the world to help guide your investment decisions.
Fresh Start To The Week
- China April housing inflation quickens to two year high. Reuters.com, 18 May 2013
- Wall Street Week Ahead: Correction talk gets old as rally sails along. Reuters.com, 19 May 2013
- NZ house prices put pressure on RBNZ to tighten, Bill English says. Bloomberg.com,19 May 2013
- UK Treasury says banks too big to save in independent Scotland.Bloomberg.com, 19 May 2013
Weekly Review (for week ending 17 May 2013)
- US retail sales inch up 0.1% in April.
- ¥2.8 trillion BoJ intervention offer checks bond yields, calms markets.
- Fitch raises Greek credit rating one notch to 'B-', outlook stable.
- BoE upgrades UK growth outlook, faster fall in inflation.
- Eurozone Q1 GDP contracts 0.2% q/q, worse than expected.
- US April PPI dips 0.7%, largest fall in 3 years.
- Japan Q1 GDP grows 0.9% q/q as consumer spending rises.
- Eurozone posts record trade surplus amid gloom.
- May US consumer sentiment rises to highest in nearly 6 years.
This report may be forwarded to clients with the following disclaimer:
Disclaimers
The information herein is given on a general basis without obligation and is strictly for information purposes only. It is not intended as an offer or solicitation with respect to the purchase or sale of any investment or insurance product mentioned herein. Nothing herein should be construed as a recommendation or advice to transact in any investment or insurance product mentioned herein.
Although every reasonable care has been taken to ensure the accuracy and objectivity of the information contained in this publication, United Overseas Bank Limited (“the Company”) and its employees cannot be held liable for any errors, inaccuracies or omissions, howsoever caused, or for any decision or action taken based on the information or views expressed in this publication. The Company does not warrant the accuracy, adequacy, timeliness or completeness of the information herein for any particular purpose, and expressly disclaims liability for any errors, inaccuracies or omissions. Any opinions, projections and other forward-looking statements regarding future events or performance of, including but not limited to, countries, markets or companies are not necessarily indicative of, and may differ from actual events or results.
The information herein has no regard to the specific objectives, financial situation and particular needs of any specific person. Investors may wish to seek advice from an independent financial advisor before investing in any investment or insurance product. Should you choose not to seek such advice, you should consider whether the investment or insurance product in question is suitable for you.
The information herein is given on a general basis without obligation and is strictly for information purposes only. It is not intended as an offer or solicitation with respect to the purchase or sale of any investment or insurance product mentioned herein. Nothing herein should be construed as a recommendation or advice to transact in any investment or insurance product mentioned herein.
Although every reasonable care has been taken to ensure the accuracy and objectivity of the information contained in this publication, United Overseas Bank Limited (“the Company”) and its employees cannot be held liable for any errors, inaccuracies or omissions, howsoever caused, or for any decision or action taken based on the information or views expressed in this publication. The Company does not warrant the accuracy, adequacy, timeliness or completeness of the information herein for any particular purpose, and expressly disclaims liability for any errors, inaccuracies or omissions. Any opinions, projections and other forward-looking statements regarding future events or performance of, including but not limited to, countries, markets or companies are not necessarily indicative of, and may differ from actual events or results.
The information herein has no regard to the specific objectives, financial situation and particular needs of any specific person. Investors may wish to seek advice from an independent financial advisor before investing in any investment or insurance product. Should you choose not to seek such advice, you should consider whether the investment or insurance product in question is suitable for you.
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