Halister News

(Bloomberg) -- Singapore dollar heading for a weekly gain of 0.3% vs dollar ahead of U.S. nonfarm payrolls today.

• Nikkei Singapore PMI due at 11am local; trend has shown steady declines this year, see chart
  • Singapore’s May PMI was unchanged at 49.8 in data released yesterday after local markets closed
• USD/SGD slips 0.1% to 1.3750, consolidating below 100-DMA at 1.3799; click here for chart; slow stochastics retreating from overbought territory
• Options expiring next week include 1.3680 strikes for $288m on June 7 and 1.3975 strikes for $297m on June 8
• Apple is said to consider issuing bonds in Japan, Singapore: WSJ
• GBP/SGD’s failure this week below 200-DMA at 2.0580, together with fading bullish momentum, suggests downside risks in near-term; click here for chart
• Six-month swap-offer rate down 1.3 bps to 1.40297% on June 2
• 10-year govt bond yield dropped 4 bps yday to 2.1798%
• SGD 5-year interest-rate swaps steady at 2.1200%