FXstreet.com (Barcelona) - Singapore's economy will most likely pick up momentum in H2 as China's economic projections move towards a soft landing and the US also starts showing more optimistic fundamentals, ANZ Emerging Asia economist Vincent Conti says. The Analyst thinks that the 2Q contraction in Singapore GDP "is not nearly deep enough for the MAS to step in" and expects growth to stand at 2.7%-3.0% in 2012 "even without any stimulus, of either monetary or fiscal variety."
Forex Flash: Singapore economy to bounce back in H2 - ANZ
Fri, Jul 13 2012, 01:29 GMT | FXstreet.com
USD/SGD May 25 at 08:36 GMT
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Any opinions, news, research, analyses, prices or other information contained on this story, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
