The Traderszone Network

International Monetary Fund release their latest review on Singapore 10 May 2016
– 2017 GDP rising to +2.5%
– GDP growth constrained by aging labour force
Say the IMF:

Shares in Asia were choppy Tuesday, largely due to falling commodities prices, though Japanese stocks surged after officials warned that the government could intervene against a sharp rise in the yen.
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US Treasury Secretary Jack Lew warned on Monday that time was running out to address the spiraling crisis in Puerto Rico, the FT reports.

Forex news for Asia trading Monday 10 May 2016
USD/JPY popped its overnight highs during the Tokyo morning. Comments from Japanese finance minister Aso were cited as a bit of a driver; he rabbited on again about potential intervention to combat ‘one-way’ yen movement. Circa-108.80 topped it out for the session, and 109 should prove further resistance.

A group of international journalists behind the first Panama Papers leak released a sequel on Monday: details on over 200,000 offshore entities.

China passenger vehicle sales (this is the 8th rise in 9 months)
– +6.4% over April last year
– 1.72 million sales for the month
Photo reminds me of one of the silliest headline’s I’ve seen:

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