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 |
|
|
1.3284 -306 pips |
1.3541 +49 pips |
1.35904 | |
| SGDJPY |
|
|
114.5683 -172 pips |
115.0032 +128 pips |
116.288 | |
| AUDSGD |
|
|
0.9698 +1244 pips |
0.8713 -259 pips |
0.84543 | |
| CHFSGD |
|
|
1.5222 +128 pips |
1.5173 -79 pips |
1.50943 | |
| EURSGD |
|
|
1.4120 -36 pips |
1.4331 -175 pips |
1.41564 | |
| GBPSGD |
|
|
1.7015 +9 pips |
1.7319 -313 pips |
1.70062 |
News (SGD)
Singapore Private Sector PMI Eases To 53.9 In November - S&P Global
The private sector in Singapore continued to expand in November, albeit at a slower pace, the latest survey from S&P Global showed on Tuesday with a PMI score of 53.9.
RTTNews | 22 days ago
Singapore GDP Climbs 5.4% On Year In Q3
Singapore's gross domestic product expanded 5.4 percent on year in the third quarter of 2024, the Ministry of Trade and Industry said on Friday, accelerating from the 3.0 percent gain in the three months prior.
RTTNews | 34 days ago
Singapore Private Sector Ebbs In October - S&P Global
The private sector in Singapore continued to expand in October, albeit at a slower rate, the latest survey from S&P Global revealed on Tuesday with a PMI score of 55.5.
RTTNews | 51 days ago
