Market Updates

Rising bond yields and geopolitical concerns to threaten Goldilocks

  No blowout in Malaysia but North Korea concerns emerged; The local market traded within a narrow range with the STI falling 41 points or 1.1% over the week to 3,529.27; Wall Street might be banking on “Goldilocks’’ again; ...

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All eyes on Malaysia

The Malaysian general election provided the main focal point; Local energy stocks in play as oil touched US$77 per barrel after the US withdrew from its Iran nuclear deal; The US 10-year Treasury yield crossed 3% on Wednesday; Strength...

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“Buy the dips, sell the rips’’?

  Banks fell victim to “buy in anticipation, sell on news"; STI loses 1.9% over week Venture has been sunk by earnings worries The US FOMC kept interest rates unchanged Wall Street’s Friday rally came after weak jobs growth...

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Sell in May and go away?

Following the recent rally in March, the question on most investors’ minds is whether this is simply a counter trend relief rally or a continuation of the longer bull market we have seen...

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A flat week – and a flattening yield curve?

A common thread running through our market reports over the past few weeks is that investors should be keeping a close eye on developments in the US bond market, where the 10-year Treasury had been flirting with the 3% mark...

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A week of two halves

When Donald Trump assumed office as US president last January, the world braced itself for a trade war that he had promised with China. When none materialized in the subsequent months, markets drew a sigh of relief and turned their...

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A week of STI resilience despite US trade flip-flops, political turmoil and Middle East worries

Trying to gauge where stock markets might head is a notoriously difficult business without having to factor in a US President who flip-flops as often as Donald Trump. Markets spent last week – as they did the week before -...

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Chaotic week as trade war fears dominate

When Donald Trump assumed office as US president last January, the world braced itself for a trade war that he had promised with China. When none materialized in the subsequent months, markets drew a sigh of relief and turned their...

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Heightened volatility is the “new normal”

Over the course of the month of March the Straits Times Index registered a loss of 90 points or 2.6% at 3,427.97. Thanks mainly to Thursday’s 45-points rise, the index’s first quarter performance was a gain of 25 points or...

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Trade wars + privacy breaches + more Trump resignations/sackings = more volatility

When Donald Trump assumed office as US president last January, the world braced itself for a trade war that he had promised with China. When none materialized in the subsequent months, markets drew a sigh of relief and turned their...

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