Market Updates

Trade war continues as US stocks gain from dovish Fed

Straits Times Index rose 4 points in generally quiet week; SGX’s head of equities predicts good times ahead; Local firms’ 2Q earnings were broadly disappointing; US-China trade tit-for-tat moves continued; US Federal...

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Turkey’s problems, US-China trade relations set tone

Straits Times Index fell for 5 straight days, losing 75 points or 2.3%; Turkey’s economic problems prompted contagion worries for emerging markets; Slowing China and stock market weakness added to market’s concerns; ...

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US’s trade sanctions on China, Russia and Turkey take toll on stocks

Strong start but weak finish saw the STI’s gain for the week cut to 19 points or 0.6%; Banks, Jardine group, Singtel were again the main index drivers; US-China trade tensions erupted...

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Bank and tech earnings, US-China trade tensions set tone

STI lost 1.8% in weak volume; Trump threatened more tariffs on China goods, China responded with threats of its own; DBS’s results disappointed so banks were sold off; Tech stocks were also...

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Trade war concerns, property curbs keep stocks stuck in trading range

STI rose 1.6% as US trade war with China featured prominently; Singapore government shocked the market with fresh property cooling measures; US trade deal with EU helped calm some nerves after Trump accused EU and China of manipulating currencies...

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STI still stuck in trading range as banks rule the day

US-EU trade war worries eased as the two parties agreed to renegotiate; Local banks were STI’s main drivers as index rose 0.8% for week; 10-year yield came close to 3% but later backed off; Wall Street sold off Facebook...

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Amidst worry of trade and currency wars, defense is best

STI rose 1.1% despite worry of trade and currency wars; Trump accused China, EU of currency manipulation, questioned Fed policy; SGX provided more details of Fast Track program; Offer launched to take Wheelock...

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It’s US-China trade war fears – again

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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Upping the ante on trade wars and property fever

Trade war concerns persisted as US raises tariffs on China; China retaliated with levies on US goods; After a MAS warning, the government here then announced fresh property curbs,...

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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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