Market Updates

No surprises as far as US mid-terms and FOMC were concerned

STI dropped 39 points or 1.3% over the week; volume remains low; US mid-term elections and FOMC meeting were main focus; Political gridlock thought to be good for markets; Oil enters an...

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Deal or no deal?

STI rebounded 4.8% on hopes of resolution to US-China trade war; Sceptics express doubt that a deal will be reached soon; US mid-term elections will be closely watched – no clear picture...

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Monthly wrap for October 2018: October was very much a “risk off’’ month

Straits Times Index lost 7.3% for the month, down 11.3% for the year; US-China troubles, rising geopolitical risk, earnings disappointments among main concerns; A weakening China economy and stock market also played...

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Markets still in risk-off mode

STI lost 90 pts or 2.9% for the week, -12.7% for YTD led mainly by banks; US-China trade worries, rising geopolitical risk and falling oil prices were among the worries; US bond...

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A hawkish Fed, China’s problems and new URA rules weigh on stocks

STI fell 7 points over the week to end at 3,062.51; US 10-year Treasury stayed close to 3.2% mark throughout; Wall St turned in an unconvincing and volatile performance; Local property market...

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Volatility spiked in tandem with bond yields

Rising US bond yields added to trade tensions to drag stocks lower; The STI lost 4.4% over the week as China’s woes continued; Concerns over China’s growth weighed on sentiment, its stock...

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Still stuck in a trading range with one eye on rising US bond yields

STI dropped 1.5% over the week with Jardine and banks the main drivers; Turnover remained low at an average of $930m per day; Wall St hit record highs in first half of...

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Monthly and Weekly Markets Wrap for September 2018: US-China trade problems, FOMC provided main focus

STI rose 1.2% for week, 1.4% for month but lost 0.33% for 3Q; US-China trade standoff still dominated headlines; US 10-year yield crossed 3% in mid-Sep – and has stayed there; Wall...

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US-China trade war still the focal point

The Straits Times Index rose 56 points or 1.8% over the week; US-China trade war was the focal point, but fears appear to have eased; Dow Jones Industrial Average rose to all-time...

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Trade concerns still the main factor

STI gained 0.9% over the week on hopes that US-China trade talks will resume; Emerging market contagion worries also weighed on sentiment; Indonesia’s economic worries featured prominently; China’s stock markets remained weak...

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