Date 17 Dec 24 (Tue) : FOMC started, traders await the U.S. rate cut decision tmr;
- Ada Tam Ying Ying
- Dec 17, 2024
- 2 min read
Singapore : SG Market sell-on-news over good economic data today
Allianz withdraws offer to acquire Income Insurance after Singapore government intervention
https://www.channelnewsasia.com/singapore/income-insurance-allianz-withdraws-acquire-offer-government-intervention-4809016
Singapore Non-oil Domestic Exports (NODX) November 2024: +14.7% m/m vs. +8.0% expected
SG Non-Oil Exports from -7.5 % to 14.7%, MOM
SG Non-Oil Exports from -4.7 % to 3.4%, MOM
SG Trade Balance from 4.290B to 6.520B, Nov
U.S.
Trump announces SoftBank plans to invest $100bn in US projects
NY Empire State Manufacturing Index: from 31.2 to 0.20, Dec Manufacturing PMI: from 49.7 to 48.3, Dec S&P Global Composite PMI: from 54.9 to 56.6, Dec Services PMI: from 56.1 to 58.5, Dec
Data to be announced this week: 17 Dec, Tues : Retail Sales, Industrial Production, Manufacturing Production 18 Dec, Wed : Building Permits, Housing Starts, Crude Oil Inventories, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference [BOJ Interest Rate Decision]
19 Dec, Thu : Continuing Jobless Claims, Initial Jobless Claims, GDP, Philadelphia Fed Manufacturing Index, Existing Home Sales, US Leading Index, Fed's Balance Sheet
20 Dec, Fri : PCE Price Index, Pesonal Spending
China China retail sales slow with consumers hold back for the coming Chinese New Year next month. And home prices remain sluggish. House Prices from -5.9% to -5.7%, Nov FixedAsset Investment from 3.4% to 3.3%, Nov
Industrial Production from 5.3% to 5.4%, Nov
Retail Sales from 4.8% to 3.0%, Nov
Chinese Retail Sales from 3.51% to 3.45%, Nov
Chinese Unemployment Rate from 5% to 5%, Nov
Data to be announced this week:
19 Dec, Thu : PBoC Loan Prime Rate
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