Singapore Business Confidence
There are around 410 manufacturing enterprises in Singapore that participate in the Survey of Business Expectations of the Manufacturing Sector. Businesses in this sector are being surveyed to determine expectations for the general business climate, output, and employment over the next six months. Respondents' contributions to employment and value contributed are then weighted according to their importance. The indicator is based on a comparison between the weighted percentage of positive and negative assessments. It ranges from -100 to 100, a number of -100 signifies a complete loss of faith in the system, zero represents neutrality, and 100 indicates complete faith in the system.
A higher than expected figure should be seen as positive (bullish) for the SGD while a lower than expected figure should be seen as negative (bearish) for the SGD.
Forex Sentiment (SGD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDSGD |
|
|
1.3495 +6 pips |
1.3561 -72 pips |
1.34890 | |
| SGDJPY |
|
|
111.7328 -160 pips |
114.8107 -148 pips |
113.331 | |
| AUDSGD |
|
|
0.9174 +257 pips |
0.9499 -582 pips |
0.89172 | |
| CHFSGD |
|
|
1.4871 +11 pips |
1.5141 -281 pips |
1.48600 | |
| EURSGD |
|
|
1.4550 +31 pips |
1.4646 -127 pips |
1.45186 | |
| GBPSGD |
|
|
1.6851 -75 pips |
1.7165 -239 pips |
1.69264 |
News (SGD)
Singapore Keeps Monetary Policy Unchanged On Inflation Concerns; GDP Growth Disappoints
Singapore central bank left its monetary policy stance unchanged as core inflation is projected to stay elevated in the immediate quarters ahead, while the economy logged a weaker-than-expected growth on softer manufacturing and construction activity. The Monetary Authority of Singapore decided to retain the prevailing rate of appreciation of the S$NEER policy band.
RTTNews | 23 days ago
Singapore Private Sector PMI Slips To 55.7 - S&P Global
The private sector in Singapore continued to expand in March, albeit at a slower rate, the latest survey from S&P Global revealed on Wednesday, with a PMI score of 55.7.
RTTNews | 32 days ago
Singapore's Private Sector Accelerates In February - S&P Global
The private sector in Singapore continued to expand in February, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a PMI score of 56.8.
RTTNews | 62 days ago
