Trade tensions, greenback to guide local direction

RENEWED focus on the strength of the US dollar and continuing trade tensions are expected to weigh on Singapore markets this week, ahead of a busy economic calendar.

Domestically, Singapore is set to announce its June consumer price index figures on Monday and industrial production numbers on Thursday. The second quarter unemployment rate and the Urban Redevelopment Authority's quarterly property market update will come out on Friday.

External developments, however, a…