Market Updates

Hope springs eternal – for the time being

The STI rose 67 points or 2.1% over the week to 3,211.49 on hopes that US and China will settle their trade problems; ECB’s rate cut and bond buying programme also helped; ...

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Some news is good news: markets get reprieve – but will it last?

The STI rose 38 points or 1.2% over the week at 3,144.48; One reason was withdrawal of Bill in Hong Kong; Another was announcement that US-China trade talks will resume soon; Yield...

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Monthly wrap for August 2019: Trade war flip flops shave almost 6% off STI

The Straits Times Index lost 194 points or 5.88% at 3,106.52; The index started the month holding on to the 3,300 level, it ended the month just regaining 3,100; China devalued its...

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Very much a state of flux but trade worries returned with a vengeance

The STI lost 4.68 points over the week at 3,110.35; Investors were initially focused on direction of US rates ahead of Friday’s speech by US Fed chair Powell; China’s trade retaliation on...

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Yield curve inversion adds to trade war worries

STI lost 54 points or 1.7% over the week at 3,115.03; US-China trade and US yield curve inversion were main reasons; Some respite after US said it would delay tariffs until Dec; ...

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US-China trade jitters continued to weigh on stocks

STI fell almost 3% over the week to 3,168.94; Fresh concerns on US-China trade front was main reason; US labelled China a currency manipulator; SGX to raise regulatory bar; Singtel’s 1Q net...

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Trade tensions make a savage comeback

The Straits Times Index lost 102.65 points or 3.05% at 3,261.11; Renewed US-China trade tensions were the main reason; China has threatened to retaliate after US announced new tariffs; US jobs came...

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Monthly wrap for July 2019: Strong start, disappointing finish

STI fell 21 points or 0.6% to 3,300.75; Hope of a 50 basis points US rate cut was the main driver; Dragging prices lower was disappointment that the cut was only 25...

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Bouncing between optimism and pessimism

The Straits Times Index lost 14.2 points or 0.4% at 3,363.76 for the week; Markets everywhere alternated between hopes of more central bank easing and possible breakthroughs in US-China trade; Singapore’s June...

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All eyes to the Fed

Hopes of US rate cut adds 0.6% to STI Those hopes came from comments from US Fed official; No new developments on the US trade front; Singapore’s exports in June fall to...

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