Market Updates

Trade concerns dominate

STI dropped 4.7% for the month, down 3.9% during the first half of 2018; For the month, the main worry was a global trade war; For the year to date, rising interest rates and...

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Trade war worries dominate

The tit-for-tat war of words between US and China on trade escalated; The Dow fell for 8 consecutive days; US Treasuries benefited as safe havens; ...

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US-China trade war concerns on the rise

The STI dropped 80 points or 2.3% over the four trading days; The US-North Korea summit did not have much impact; Trade war fears were renewed after the G-7 meeting, now dubbed as G6...

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Range-bound whilst waiting for FOMC guidance

The Straits Times Index decoupled from Wall Street; Trade concerns and ECB tapering said to be playing a major part; G-7 summit over the weekend could shed some light on...

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STI hit by Italian, trade war worries

STI dropped 86 points or 2.4% over the week to 3,427.51; Geopolitical concerns rose to the fore in Italy, US trade war concerns returned; Volume boosted on 31 May by “portfolio rebalancing’’; US...

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Uncertainty over geopolitics and trade wars rule the day

  A strong start to the month, followed by a weak finish – the STI lost 5%; Malaysia’s general elections yielded an upset win for Opposition; US-China trade war put on hold (but not for long); US-North Korea meeting...

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STI likely to trade within narrow range

  Easing of US-China trade tensions helped week get off to firm start; Hyflux’s problems took a toll on sentiment; Fed’s dovish minutes helped prop up Wall St; Cancellation of US-North Korea summit brought pressure as week progressed; SGX...

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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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