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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 |
|
|
1.3246 -95 pips |
1.3406 -65 pips |
1.33411 | |
| SGDJPY |
|
|
0 -11158 pips |
111.8956 -31 pips |
111.584 | |
| AUDSGD |
|
|
0.9187 +724 pips |
0.8867 -404 pips |
0.84633 | |
| CHFSGD |
|
|
1.5120 +20 pips |
1.5115 -15 pips |
1.51001 | |
| EURSGD |
|
|
1.4287 -233 pips |
1.4703 -183 pips |
1.45202 | |
| GBPSGD |
|
|
1.7118 -152 pips |
1.7443 -173 pips |
1.72702 |
News (SGD)
Singapore GDP Climbs 5.0% On Year In Q4
Singapore's gross domestic product expanded 5.0 percent on year in the fourth quarter of 2024, the Ministry of Trade and Industry said on Friday - slowing from 5.7 percent in the third quarter.
RTTNews | 31 days ago
Singapore Private Sector Slips Into Contraction - S&P Global
The private sector in Singapore fell into contraction territory in January, the latest survey from S&P Global revealed on Wednesday with a PMI score of 49.9.
RTTNews | 40 days ago
Singapore Private Sector Slows In December - S&P Global
The private sector in Singapore continued to expand in December, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a PMI score of 51.5.
RTTNews | 70 days ago
