Singapore GDP Growth Rate QoQ
Singapore achieved independence in 1963, since then the economy has experienced fast expansion, resulting in the country having one of the world's highest GDP per capita today. The economy is primarily reliant on international trade, which includes both port activity and the export of electronic components and refined oil. The country is a leading beneficiary of foreign direct investment due to its standing as one of the world's most free, most competitive, and most business-friendly economies and is also a significant financial hub.
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 |
|
|
1.3530 -25 pips |
1.3576 -21 pips |
1.35554 | |
| SGDJPY |
|
|
112.5070 -221 pips |
114.8359 -12 pips |
114.714 | |
| AUDSGD |
|
|
0.9143 +231 pips |
0.9264 -352 pips |
0.89120 | |
| CHFSGD |
|
|
1.4871 -50 pips |
1.5136 -215 pips |
1.49212 | |
| EURSGD |
|
|
1.4548 -21 pips |
1.4769 -200 pips |
1.45694 | |
| GBPSGD |
|
|
1.6849 -82 pips |
1.6991 -60 pips |
1.69310 |
News (SGD)
Singapore Private Sector Slows In April - S&P Global
The private sector in Singapore continued to expand in April, although at a slower pace, the latest survey from S&P Global revealed on Monday with a services PMI score of 52.6.
RTTNews | 2 days ago
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 | 26 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 | 35 days ago
