Market Updates

It’s back to US-China trade again

The STI rose 35 points or 1.2% to 3,113.97 on hopes of trade deal; A partial deal was announced on Friday so a Monday bounce can be expected; In local news, Motley...

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It’s the economy, stupid!

The STI fell 47.27 points or 1.5% to 3,078.36 after Wall St was rattled by weak economic numbers; US manufacturing contracted for second consecutive month; US services grow at slower pace; US...

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Monthly wrap for September 2019: Trade, interest rates and impeachment

The STI gained 13 points or 0.4% at 3,119.99 in Sep; US-China trade, US interest rates, Trump impeachment were main items; China’s manufacturing showed signs of life but concerns persist; MAS reviewing...

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Overseas developments and disappointing local data

The STI fell 34 points or about 1.1% over the week to 3,125.63; US-China trade and political machinations in Washington dominated headlines; Singapore’s factory output contracted 8% in Aug, raising probability of...

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Oil, interest rates and US-China trade

The STI fell 51.81 points or 1.6% over the week to 3,159.68; The attack on Saudi oil, US interest rate cut and US-China trade were main focus; US Treasuries benefit from flight...

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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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