
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
In September, Singapore's exports suddenly dived from 2016, as Tuesday’s data revealed. That’s their first on-year contraction in five months because electronics shipments reported their first sag in nearly a year.
Non-crude domestic exports went down 1.1% in September on-year, as data from the trade agency International Enterprise Singapore disclosed. It’s the first dive since April's 0.6% dip. The September contraction turned to be a stark contrast to experts’ forecasts for a 12.7% soar.
In August, this country’s exports ascended updated 16.7% from 2016.
Electronics exports, which are a key driver of the city-state's trade in recent months, went down for the first time since October last year, shrinking 7.9% in September from 2016.
Market experts told it was too early to ascertain whether the data hints at a light blip or a deeper correction in the broader ascend in demand for electronics goods or not.
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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