Singapore GDP Growth Rate YoY
Singapore's services industry is the most important sector of the country's economy, accounting for 72% of total GDP. The most important segments within services are wholesale and retail trade (18% of total GDP), business services (16%), finance and insurance (13%), transportation and storage (10%), and information and communications technology (5%). The remaining 28% of overall output comes from the industrial sector. Manufacturing (21% of total output) and construction (5% of total output) are the two most significant industry segments.
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 |
|
|
1.3529 -31 pips |
1.3574 -14 pips |
1.35598 | |
| SGDJPY |
|
|
112.2922 -243 pips |
114.8381 -12 pips |
114.723 | |
| AUDSGD |
|
|
0.9140 +230 pips |
0.9285 -375 pips |
0.89099 | |
| CHFSGD |
|
|
1.4871 -59 pips |
1.5137 -207 pips |
1.49299 | |
| EURSGD |
|
|
1.4549 -20 pips |
1.4701 -132 pips |
1.45690 | |
| GBPSGD |
|
|
1.6849 -87 pips |
1.6990 -54 pips |
1.69360 |
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 | 3 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 | 36 days ago
