
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
In December, Singapore's exports rallied, although at a slower tempo than in November, according to a Reuters survey of market experts.
December’s non-oil domestic exports were believed to have soared 8.7% from 2016, according to the median estimate in the poll of 10 experts, cooling moderately from the 9.1% soar in November.
The ongoing on-year jumps observed in exports last year have been powered by healthy global demand and would have been reinforced by December’s holiday season, as market experts told.
In spite of the fact external demand is still firm, headline numbers in the nearer months are believed to show a less dramatic soar due to the previous year's high base.
The exports boom has definitely benefited Singapore as well as other trade-dependent Asian economies. That’s especially true for manufacturers of electronics products, including semiconductors.
On a month-on-month as well as seasonally adjusted basis, in December exports were supposed to have dived 4.5%, as the survey discovered, versus an 8.7% leap in November.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
Representatives from 15 oil-rich nations attend OPEC meetings. They discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
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