Date 26 Sep 25 (Fri) : US data surprises; SG data missing expectation
- Ada Tam Ying Ying
- Sep 26
- 1 min read
Trump's New Tariff with 100% rate on Patented drugs (unless a company is building factory in U.S.) , 25% rate on heavy-duty trucks and 50% tax on kitchen and bathroom cabinets
U.S. GDP : from -0.5% to 3.8% (est 3.3%) U.S. Initial Jobless Claims : from 232K to 218K (est 233K) U.S. Durable Goods Orders (MoM) : from -2.7% to 2.9% (est -0.3%)
U.S. Existing Home Sales : from 4.01M to 4.00M (est 3.96K)
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SG Industrial Production MoM Aug : from 8.8% to -9.7% SG Industrial Production YoY Aug : from 7.7% to -7.8%
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Within Asia, Goldman Sachs is overweight on China's onshore and offshore markets, as well as South Korea and Japan. Moe named South Korea as the best-performing market in Asia so far in 2025, up 54 percent year-to-date, followed by offshore Chinese H shares at 35 percent and Japan at 20 percent in US dollar terms
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