Friday 17 February 2017

Singapore final Q4 GDP y/y data is a beat

 Forex Market Tips

Singapore last Q4 GDP +2.9 pct y/y (versus Reuters survey +2.5 pct) 

A beat! .... Bu, more information discharged from the Ministry of Trade and Industry: 

+12.3 pct q/q annualized, regularly balanced rate (versus Reuters survey +12.6 pct)

Singapore overhauls up 2016 entire year development to 2.0 pct from 1.8 pct ahead of time gauge

Keeps 2017 GDP development figure unaltered at 1.0 to 3.0 pct

Singapore exchange office overhauls up 2017 NODX conjecture from 0.0 to +2.0 percent

Singapore's non-oil residential fares fell 2.8 pct in 2016, add up to products exchange fell 4.9 pct

Along these lines, a blended report, positives and negatives in there for the exchanging country.

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