Singapore's core inflation decreased from 1.0% to 0.4% YoY basis which is the lowest since 2010.Final revision of Q1 GDP stronger than projected at 2.6% versus consensus at 2.2% YoY basis.Industrial production growth has…
Singapore's core inflation decreased from 1.0% to 0.4% YoY basis which is the lowest since 2010.
Final revision of Q1 GDP stronger than projected at 2.6% versus consensus at 2.2% YoY basis.
Industrial production growth has been contracting further from -5.5% to -8.7% YoY basis in April which is the lowest rate of growth since February 2013.
IMF highlights the risks to Singapore's growth outlook as downward and the uncertain outlook could weigh on private consumption and investment.
As for external growth momentum, slower growth in Asia, particularly China, represents renewed risks to exports. China is Singapore's largest trading partner, representing 11.6% of total trade.
Slower growth in Asia will also restrain activity in a range of services industries through reduced tourism. The Services sector is the biggest sector of Singapore's economy and accounts for 70% of GDP.
It seems that SGD has started on a weak note in Q2. SGD has been an underperformer in May as the CPI inflation and industrial production data for April reinforce our view.
However, we project SGD to ensure the cushion to the downside risks in next weeks to come.
Australia's September 2026 labour report shocked to the negative: unemployment climbed to 4.7% from 4.6% and employment dropped by 39,300 against expectations for a 20,000 increase. Part-time work dropped by 73,700, whic…
UNCX Network, a cryptocurrency token vesting platform formerly known as UniCrypt, suffered a security exploit on Wednesday that drained approximately $86,000 from its shared Ethereum token pool. Blockchain security firm …
Solana is preparing to introduce its highly anticipated Alpenglow consensus upgrade on October 21, 2026, marking one of the blockchain's biggest technological changes since its launch in 2020. The upgrade aims to signifi…
