logo

FX.co ★ Singapore Unemployment Data Due On Monday

Singapore Unemployment Data Due On Monday

On Monday, Singapore is set to reveal its first quarter unemployment figures, marking a quiet day of economic activity for the Asia-Pacific region. The previous quarterly report indicated a jobless rate of 2.0 percent.

Also due on Monday are the March statistics for imports, exports, trade balance, and industrial production from Thailand. Forecasts suggest a 4.55 percent annual increase in imports, a rise from February's 3.20 percent. There is an anticipated decline of 4.50 percent in exports, year on year, compared to a 3.60 percent increase in the preceding month. The trade surplus is estimated to be $830 million, improving from a $550 million deficit the month before. Moreover, it is predicted that industrial production will drop by 1.90 percent annually, following a 2.84 percent decline in February.

Lastly, Japan's markets will remain closed for Showa Day on Monday, resuming operations on Tuesday.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Open trading account