Singaporean Non-Oil Exports YoY (Apr) Y/Y 24.5% (Prev. 15.3%)
The Singaporean Non-Oil Exports for April have shown a significant increase of 24.5% year-on-year, surpassing the previous growth of 15.3%.
PRE-MARKET CHINESE STOCK NEWS: Chinese House Prices, Industrial Production & Retail Sales Data is Scheduled Today
PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: ST Engineering (STE SP) Q1 (SGD) rev. rose to 3.26bln (prev. 2.92bln Y/Y)
Singaporean Non-Oil Exports YoY (Apr) Y/Y 24.5% (Prev. 15.3%)
Korea Exchange activated a sidecar on the KOSPI after KOSPI 200 futures fell 5%, with programme trading halted for 5 minutes
PBoC is expected to set USD/CNY mid-point at 6.8086 (prev. 6.8415)
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This robust performance indicates a strengthening trade environment, which may have positive implications for Singapore's economic outlook and could influence monetary policy discussions going forward.
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