Register
Demo
Contacts
 

Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Singapore Non-oil Exports Greater-Than-Expected Data In October

November, 20 2017
watermark Economic news

The non-oil exports from Singapore rose at a quicker rate than anticipated for October since there has been more demand from China.

Statistically, non-oil exports climbed to 20.9 percent year-on-year for October as stated from the International Enterprise Singapore data. This has been greater than the economic forecasts of 10 percent growth from Reuters. The data increased following a decline of 1.1 percent in September.

Trades to China being the biggest export market in Southeast Asia soared by 53.3 percent while shipments bound to the European Union grew by 26.1 percent. On the other hand, electronic exports advanced by 4.5 percent. On a monthly basis, non-oil exports increased by 12.5 percent exceeding the forecast of 5.1 percent growth.


World-Class Trading Platform

Professional Customer Support

Best Execution

Logo

QUICK LINKS

+ 442 030 976 697
Contact Us
Feedback
twitter

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.