A rising tide lifts all boats
Risks to trade global trade remain in 2018, they have to as long as Donald Trump remains sat behind the resolute desk in the Oval Office and if an economy is a microcosm of global trade then it is that of Singapore. We entered 2017 pretty down in the mouth given the election of the 45th President but his inability to change global trade as he would choose to do has allowed Singapore to outperform the pessimism.
We think that in light of this the Monetary Authority of Singapore’s expectations for growth they published back in October may be slightly too pessimistic and SGD could continue to grind stronger through the early part of 2018.
Source: BloombergTo the comments, Author: Jeremy Cook e64c42cdda509545a9ee0aefaca45a8f (22.214.171.124) To the comments, Author: Jeremy Cook
The post WorldFirst 2018 Currency Outlook – Singapore dollar appeared first on WorldFirst UK Blog.