Market-moving news from multiple directions this week
THIS week, the start of November trading will find the Singapore bourse immersed in a busy earnings season while scouring for possible leads from multiple central bank meetings including in the US, Japan and the UK, as well as from a string of macro data releases.
There could be positive spillover at the beginning of the week's trading from last Friday's data release that the United States - the world's largest economy - grew at a brisk clip in the third quarter, defying the disruption from the hurricanes in Texas and Florida.
The Commerce Department on Friday said gross domestic product rose by 3 per cent in the July-September period, beating a 2.5 per cent projection by economists polled by Reuters.
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