Singapore Private Sector Slows In December

(fxcue news) - The private sector in Singapore continued to expand in December, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a PMI score of 51.5. That's down from 53.9 in November, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction. Business activity expanded at a rate that was modest and the softest for 22 months at the end of 2024. This was in line with the trend for new business, where growth also decelerated to the slowest since February 2023. While Singaporean businesses generally observed an improvement in demand with business development efforts bearing fruit, some industries faced a slowdown in December according to panelists. New business rose quickest within the finance and insurance sector, but notably declined for manufacturers and construction firms. Softer new business growth contributed to a slowdown in the rate of backlog accumulation in December. The pace at which the level of unfinished work rose was the lowest recorded in two years.

Singapore Private Sector Slows In December - S&P Global

UK Nationwide House Price Growth Tops Expectations

CAC 40 Moderately Lower As Investors Await Direction

Bay Street Likely To Open First Session Of 2025 On Positive Note

European Stocks Close First Trading Session Of New Year On Bright Note

U.S. Weekly Jobless Unexpectedly Claims Dip To 211

FTSE 100 Roughly Flat In Cautious Trade

Singapore Private Sector Slows In December - S&P Global

U.S. Weekly Jobless Claims Unexpectedly Dip To Eight-Month Low

Please sign in

Trader

Today, crude oil supported 74.5 and continued to rise directly to 75.3. If it accidentally falls back to 74.5 tonight, or even breaks through 74.4, it belongs to a small wash. If it rebounds and stabilizes above the daily moving average of 73.7, it is still necessary to try to be bullish;

1.8 Gold US trading strategy: Short selling near 1:2656, stop loss 2666, target 2646-2640; strategy 2: Buy long near 2633, stop loss at 2623, target at 2642-2648;

Short selling in the 74.87 area of US crude oil (default stop loss of 50 points, set breakeven stop loss for profit of 50 points, pursue high win rate of 75 points. Band moving stop loss protects existing profits held until take profit)

1.8 Gold Trading Reference: Gold rebounds around 2656-2660, with short selling (buy down) of 2/10 positions in batches, stop loss of 6 points, target around 2645-2630, break at the 2615 line;

1/8 Gold Day Short term Strategy Reference: 1. The rebound saw a short sale near 2662 for the first time, with a loss of 2668. The target is 2650-2640-2630; 2. Falling back for the first time at 2632. Short buy once more, loss at 2628, target at 2642-2652-2662!

EUR/USD 1.03850 short, stop loss 1.04050, target below 1.03350, break below 1.03000 and 1.02700

Today's spot silver was sold short at 30.25, with a stop loss of 30.45. The lower targets are at 30 and 29.85, with a drop below the support range of 29.6-29.5.

If spot gold rises today, it will be sold short at 2660 with a stop loss of 2666. The targets below are 2645, 2640, and 2634-2630

The main focus of crude oil retracement is buying long at low prices, supplemented by short selling at high prices during rebound. Short term attention is paid to the resistance line of 75.8-76.3 above, while short-term attention is paid to the support line of 73.7-73.2 below.

Tags

Singapore Private Sector Slows In December - S&P Global

UK Nationwide House Price Growth Tops Expectations

CAC 40 Moderately Lower As Investors Await Direction

Bay Street Likely To Open First Session Of 2025 On Positive Note

European Stocks Close First Trading Session Of New Year On Bright Note

U.S. Weekly Jobless Unexpectedly Claims Dip To 211

FTSE 100 Roughly Flat In Cautious Trade

Singapore Private Sector Slows In December - S&P Global

U.S. Weekly Jobless Claims Unexpectedly Dip To Eight-Month Low

Please sign in

Trader

Today, crude oil supported 74.5 and continued to rise directly to 75.3. If it accidentally falls back to 74.5 tonight, or even breaks through 74.4, it belongs to a small wash. If it rebounds and stabilizes above the daily moving average of 73.7, it is still necessary to try to be bullish;

1.8 Gold US trading strategy: Short selling near 1:2656, stop loss 2666, target 2646-2640; strategy 2: Buy long near 2633, stop loss at 2623, target at 2642-2648;

Short selling in the 74.87 area of US crude oil (default stop loss of 50 points, set breakeven stop loss for profit of 50 points, pursue high win rate of 75 points. Band moving stop loss protects existing profits held until take profit)

1.8 Gold Trading Reference: Gold rebounds around 2656-2660, with short selling (buy down) of 2/10 positions in batches, stop loss of 6 points, target around 2645-2630, break at the 2615 line;

1/8 Gold Day Short term Strategy Reference: 1. The rebound saw a short sale near 2662 for the first time, with a loss of 2668. The target is 2650-2640-2630; 2. Falling back for the first time at 2632. Short buy once more, loss at 2628, target at 2642-2652-2662!

EUR/USD 1.03850 short, stop loss 1.04050, target below 1.03350, break below 1.03000 and 1.02700

Today's spot silver was sold short at 30.25, with a stop loss of 30.45. The lower targets are at 30 and 29.85, with a drop below the support range of 29.6-29.5.

If spot gold rises today, it will be sold short at 2660 with a stop loss of 2666. The targets below are 2645, 2640, and 2634-2630

The main focus of crude oil retracement is buying long at low prices, supplemented by short selling at high prices during rebound. Short term attention is paid to the resistance line of 75.8-76.3 above, while short-term attention is paid to the support line of 73.7-73.2 below.

Tags

关注我们的公众号