MONEY MASTER

Key Takeaways  December exports rose 6.1% y/y, below the 10% forecast Growth led by non-monetary gold and electronics Exports to China and Taiwan increased; US and Japan weakened Full-year 2025 exports grew 4.8%, beating expectations Singapore’s 2025 GDP growth came in strong at 4.8% Singapore’s export momentum softened at the end of the year, with  non-oil domestic exports (NODX) rising 6.1% year-on-year in December , coming in  below market expectations of a 10% increase , according to data released by  Enterprise Singapore  and reported by  Reuters . The December performance marked a slowdown from  November’s revised 11.5% growth , though exports continued to be supported by  non-monetary gold  and  electronics , particularly  integrated circuits and disk media products  — reflecting ongoing demand linked to AI-related technologies. By market, exports to  China and Taiwan increased , while shipments to  Japan and t...

Government Data Shock President Trump fired top BLS official Erika McEntarfer after Friday’s weak jobs report, raising alarm bells on Wall Street. Investors fear politicization of economic data may erode trust in inflation and labor stats — long considered the bedrock of U.S. markets. 🔥 “Are we becoming like Turkey or Argentina?” – Alejandra Grindal, Ned Davis Research Market Impact So Far S&P 500  jumped +1.5% on Monday as traders stayed focused on Fed rate cut bets. But economists warn the  real damage could be long-term : higher borrowing costs, weaker dollar, and fading investor confidence in Treasuries and TIPS. Data Integrity in Focus JPMorgan  calls it a “threat to market trust” on par with Fed interference. UBS  warns it could accelerate the dollar’s decline as a global reserve currency. Private data players like PriceStats and Carlyle’s alt-data tools may gain traction — but  can’t fully replace decades of BLS history . Credibility at Risk $2.1T in...

U.S. stocks closed lower on Tuesday with the  Dow Jones Industrial Average  falling  205 points to 44,632.99 , as investors turned cautious ahead of the Federal Reserve’s interest rate decision. Despite the decline, the  CNN Business Fear & Greed Index  remained in the  “Greed” zone at 69.1 , down slightly from 72.2 in the previous session. Market Movers and Economic Data UnitedHealth (UNH)  plunged  7.46%  after reporting weaker-than-expected Q2 2025 earnings, though it reinstated its full-year guidance. Procter & Gamble (PG)  posted better-than-expected Q2 earnings, providing some support to consumer staples. On the data front: Job openings  dropped by  275,000 to 7.437 million  in June, missing estimates of 7.55 million. The  S&P CoreLogic Case-Shiller Home Price Index  rose  2.8% YoY  in May. U.S. trade deficit  narrowed to  $86 billion , down $10.4 billion from May. Wholesale ...

Asian share markets attempted to stabilize on Thursday following a steep global sell-off, while a rally in US Treasuries weakened the dollar and boosted the yen. Concerns over the US economy have heightened expectations of significant interest rate cuts by the Federal Reserve (Fed). Key Market Movements: Equities: Japan's Nikkei fell 0.5% to its lowest level in three weeks. Tech-heavy markets in Taiwan and South Korea both rose by 1%, helping lift MSCI's broadest index of Asia-Pacific shares outside Japan by 0.6%, breaking a three-day losing streak. US Economic Data: Investors are closely watching a week full of economic data releases, including Wednesday's mixed labor data and Tuesday's weak manufacturing figures, which have kept markets jittery. The focus is on the upcoming US services industry reading and jobless claims data. However, the key event will be Friday's August non-farm payrolls report, expected to provide clear indications of the US economy's dire...