Domestic factors may take centrestage this week

WHILE the trade tiff between the US and China dominated headlines all of last week, domestic factors may just steal the limelight this week.

In Singapore, all eyes will be on the release of the advance first quarter gross domestic product (GDP) figure and the semi-annual monetary policy statement by the Monetary Authority of Singapore (MAS) on Friday.

"Growth is expected to come in at 4.4 per cent year-on-year, accelerating from the previous quarter, just as quarter-on-quarter figures slow," Pan Jingyi, market strategist at IG, said.