Joe Biden ends re-election bids, endorses Kamala Harris [link]
Allianz to buy majority stake in Singapore's Income Insurance [link]
Remark: so far, I think the markets welcomes the decision of Joe Biden to step down, and assessing Harris of taking over the Democratic nomination. US Futures ticking higher now
This week's Economic Data :
Singapore
Tues, 23 Jul : CPI, Core CPI
Wed, 24 Jul : URA Property Index
Thu, 25 Jul : Unemployment Rate
Fri, 26 Jul : Industrial Production
United States
Tues, 23 Jul : Existing Home Sales
Wed, 24 Jul : Building Permits
Manufacturing PMI
Service PMI
New Home Sales
Crude Oil Inventories
S&P Global Composite PMI
Thu, 25 Jul : Core PCE Prices
GDP
GDP Price Index
Initial Jobless Claims
Fri, 26 Jul : Core PCE Price Index
PCE Price Index
Personal Spending
China
PBoC Loan Prime Rate, Jul : 3.95% to 3.85%
PBoC Loan Prime Rate : 3.45% to 3.35% (Surprise drop)
Fri, 26 Jul : Chinese Industrial Profit YTD
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