FINWIRES · TerminalLIVE
FINWIRES

Cargo Traffic to Los Angeles Port Expected to Fall in Week Ending May 9

By

Cargo traffic at the Port of Los Angeles is expected to fall in the week ending May 9, according to data from the ship-tracking system Port Optimizer.

A total of 73,542 20-foot equivalent units, a standardized measure of cargo capacity, are projected to reach the port in the week, the data showed. That volume reflects a roughly 34% decrease from the previous week and a 0.8% increase from a year earlier.

Eighteen freight vessels are scheduled to arrive at the port in the week ending May 9, the data showed. That is fewer than the 19 vessels each during this week and the week ending May 2.

Related Articles

International

ANZ Expects Australia's Trimmed Mean Q1 CPI to Rise 0.9% Quarter-On-Quarter

Australia's trimmed mean inflation expectedly rose 0.9% quarter-on-quarter in the first quarter of the year, with a 3.6% year-on-year increase, said ANZ in a Friday report.The bank expects that the consumer price inflation rose 1.4% quarter on quarter and 4.1% year-on-year.The divergence between headline and trimmed mean inflation partly reflects the impact of higher fuel prices in March, the bank said, as it expects a 35% month-on-month rise in automotive fuel in March, leading to a headline inflation increase of 1.2% month on month in March.ANZ expects the second-round pass-through from higher fuel costs to start having a more material impact on consumer inflation from April.The quarterly data is likely to affirm for the Reserve Bank of Australia that the underlying inflation pressures are evident in the economy before the escalation of the Middle East conflict in late February, ANZ added.ANZ continues to expect a 25 basis points hike in May by the central bank, taking the cash rate to 4.35%.

ASX 200
International

Singapore's Private Residential Price Index Inches Up 0.9% in Q1

Singapore's overall private residential price index rose 0.9% in the first quarter of the year, up slightly from the 0.9% growth a year earlier, according to data released by the Urban Redevelopment Authority on Friday.Overall private residential index was marginally up by 0.3%.About 55,800 private residential units are expected to be delivered in the next few years.Meanwhile, prices of landed properties fell by 0.4%, following a 3.4% increase in the previous quarter.Rental prices of private residential properties were up 0.3% compared with a 0.5% decrease in the previous quarter.

^STI
International

New Zealand Job Ads Rise Slightly in March

Job ads in New Zealand rose 0.8% month on month in March and were up 13% year on year, according to a Seek report on Friday.Applications per job ad, which are recorded with a one-month lag, declined 2.8% month-on-month, continuing their downward trend.The strongest monthly growth was seen in Taranaki, which rose 2.1%, followed by Southland, up 1.9%, the report said. Auckland edged down 0.1% month on month, and Wellington was broadly flat.In industry trends, trades and services and manufacturing gained 1.8%, while transport and logistics jumped 1.9%. Construction remained unchanged, while information and communication technology edged down by 0.1%.Artificial intelligence (AI) skill demand has grown rapidly in recent years, with job ads referencing AI rising nearly 144% since March 2025 and now more than five times higher than in 2019, although they still appear in only 2.9% of job ads.

^NZ50