Market Updates

A flat week – and a flattening yield curve?

A common thread running through our market reports over the past few weeks is that investors should be keeping a close eye on developments in the US bond market, where the 10-year Treasury had been flirting with the 3% mark...

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A week of two halves

When Donald Trump assumed office as US president last January, the world braced itself for a trade war that he had promised with China. When none materialized in the subsequent months, markets drew a sigh of relief and turned their...

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A week of STI resilience despite US trade flip-flops, political turmoil and Middle East worries

Trying to gauge where stock markets might head is a notoriously difficult business without having to factor in a US President who flip-flops as often as Donald Trump. Markets spent last week – as they did the week before -...

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Chaotic week as trade war fears dominate

When Donald Trump assumed office as US president last January, the world braced itself for a trade war that he had promised with China. When none materialized in the subsequent months, markets drew a sigh of relief and turned their...

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Heightened volatility is the “new normal”

Over the course of the month of March the Straits Times Index registered a loss of 90 points or 2.6% at 3,427.97. Thanks mainly to Thursday’s 45-points rise, the index’s first quarter performance was a gain of 25 points or...

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Trade wars + privacy breaches + more Trump resignations/sackings = more volatility

When Donald Trump assumed office as US president last January, the world braced itself for a trade war that he had promised with China. When none materialized in the subsequent months, markets drew a sigh of relief and turned their...

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Trade wars + privacy breaches + more Trump resignations/sackings = more volatility

In the meantime, Mr Trump’s withdrawal of the US from the TPP (Trans Pacific Partnership) agreement was dismissed as having not much consequence for the country. About 14 months after Mr Trump came into...

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All eyes on FOMC and its accompanying statement

The week just past lived up to expectations when trading here and on Wall Street underwent large bouts of volatility following uncertainty created by US President Trump’s tariffs on steel and aluminum. However, what was unexpected was one of the...

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Trade war worries + Cohn’s resignation = more volatility

Last week’s trading picked up where it left off the week before – towards the downside because of US President Trump’s announcement on 2 March of import tariffs on steel and aluminum, an announcement which kindled fears of a global...

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Trade war, inflation and interest rate concerns to set tone in FOMC month

The central feature of February’s trading in equity markets was that of a complacent Wall Street shaken by a sudden surge of worry over the pace of interest rate hikes which then led to a spike up in volatility.  Although...

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