U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Singapore’s non-oil domestic exports (NODX) rose 5.4% year-on-year in March, according to Enterprise Singapore data released Thursday. The increase was driven by gains in both electronics and non-electronic shipments. However, the figure fell short of the 14.1% growth forecast by economists in a Reuters poll and marked a slowdown from February’s 7.6% rise.
The government did not provide a seasonally adjusted month-on-month breakdown, but key export destinations such as Taiwan, Indonesia, Hong Kong, Thailand, Japan, and South Korea recorded annual increases. In contrast, exports to China declined.
The growth in exports comes amid mounting economic uncertainty. Trade and Industry Minister Gan Kim Yong warned Wednesday that a recession could not be ruled out, citing risks posed by U.S. President Donald Trump’s ongoing tariff policies. Singapore, a trade-reliant city-state, remains vulnerable to global trade disruptions.
Prime Minister Lawrence Wong echoed these concerns, saying that the temporary three-month delay in the U.S. tariffs brought little relief and had already fueled significant global uncertainty. These remarks follow the Monetary Authority of Singapore’s decision on Monday to ease monetary policy for the second time this year in response to slowing economic momentum.
At the same time, the Ministry of Trade and Industry downgraded its 2025 economic growth outlook, adding to worries about Singapore’s near-term prospects. The cautious tone from top officials reflects broader concerns over weakening global demand and the potential impact of escalating trade tensions.
As the global economic landscape becomes increasingly volatile, Singapore’s export performance and policy responses will remain key indicators of resilience in Asia’s leading trade hub.
