Singapore Stock Market News

All eyes on China

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Publish date: Tue, 16 Oct 2012, 02:23 AM
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A slew of 3Q economic data from China is expected from this evening through next week. Trade data is likely to demonstrate continued economic weakness in Europe and the US.

Despite a spike in food prices in Aug, we think inflation will be contained as a modest slowdown in economic growth will be Thursday, 18 Oct. We expect 3Q GDP growth of 7.4-7.5%. Loan data from the banking sector will indicate whether monetary loosening is having its desired impact.
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