Taiwan's GDP Growth To Remain Strongly Double-Digit, DBS Says - Bitcoin World
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Taiwan's GDP Growth To Remain Strongly Double-Digit, DBS Says Bitcoin World
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4 itemsSingapore GDP Growth Forecast Raised By DBS After Strong Q1 - Bitcoin World
Taiwan’s double-digit GDP growth extends into the second quarter
Taiwan's impressive GDP growth of 12.9% year-on-year in Q2 continues to set it apart, well above market forecasts and last quarter's 14.55%. Per the full note from ING, domestic demand has notably played a pivotal role, adding 7 percentage points to the growth rate, largely driven by capital formation and private consumption. Despite the strong performance, the sustainability of this growth in the face of external market pressures remains a concern, particularly with a recent sell-off in tech equities. The desk maintains a cautious yet optimistic outlook on the currency markets as we navigate these dynamics.
DBS Raises Singapore Growth Forecast On Stronger Trade And Services - Bitcoin World
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