Market Updates

February market wrap – Volatility, GST hike and…market resilience?

February will be remembered for the return of volatility, the realization that stocks cannot keep rising indefinitely and the Government’s Budget in which it was announced that Goods & Services Tax will be raised from 7 to 9% sometime from...

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US inflation, month-end “window-dressing’’ to set direction

Last week’s report advised investors to keep an eye on movements in the US Treasury bond market because if the 10-year yield was to come close to or cross 3 per cent, Wall Street stocks could encounter heightened volatility as...

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Keep an eye on the 10-year US Treasury yield

Over the course of last week, the Straits Times Index gained 66 points or about 2 per cent at 3,44.51. This means that its 2018 gain is now 1.2 per cent, the entire amount coming on Thursday as it was...

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A “healthy correction’’?

When stocks plunge as they did last week, we often hear experts describe the falls as "a healthy correction" so as to suggest that normal upward service would resume shortly and that there’s...

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Beware the return of risk

Last week’s volatility on Wall Street including Friday’s large selloff should serve as a reminder that although all the forecasts for 2018 are bullish, there can be many pitfalls ahead, primarily from the US where risk has not featured for...

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Consumers not required to disclose NRIC numbers for purchases by September

Consumers not required to disclose NRIC numbers for purchases by September

It is to protect consumers from identity theft or fraud. The Personal Data Protection Commission (PDPC) moves to enhance consumer protection by removing the requirement for consumers to disclose their National Registration Identity Card (NRIC) numbers as well as the retention...

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