Singaporean Non-Oil Exports YoY (Jan) Y/Y 9.30% vs. Exp. 13.5% (Prev. 6.10%, Rev. From 6.1%)

Singaporean Non-Oil Exports YoY (Jan) Y/Y 9.30% vs. Exp. 13.5% (Prev. 6.10%, Rev. From 6.1%)

The Singaporean Non-Oil Exports YoY for January came in at 9.3%, missing expectations of 13.5% and showing an improvement from the previous 6.1% (revised). This weaker-than-expected result may suggest cooling demand in the region, potentially impacting sentiment around Singapore’s economic growth and its currency in the forex market.