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 |
|
|
1.3228 -211 pips |
1.3457 -18 pips |
1.34394 | |
| SGDJPY |
|
|
114.8465 +7 pips |
115.4299 -65 pips |
114.777 | |
| AUDSGD |
|
|
0.9198 +447 pips |
0.9102 -351 pips |
0.87511 | |
| CHFSGD |
|
|
1.5205 +0 pips |
1.5252 -47 pips |
1.52050 | |
| EURSGD |
|
|
1.4151 +17 pips |
1.4367 -233 pips |
1.41337 | |
| GBPSGD |
|
|
1.6980 +7 pips |
1.7144 -171 pips |
1.69735 |
News (SGD)
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 | 16 days ago
Singapore Maintains Monetary Policy For Sixth Straight Time
Singapore central bank maintained its monetary policy for the sixth consecutive meeting on Monday. The Monetary Authority of Singapore decided to keep the prevailing rate of appreciation of the S$NEER policy band. There will be no change to its width and the level at which it is centered.
RTTNews | 38 days ago
Singapore GDP Grows 2.1% In Q3
Singapore's gross domestic product expanded a seasonally adjusted 2.1 percent on quarter in the third quarter of 2024, Statistics Singapore said in Monday's advance estimate.
RTTNews | 38 days ago
