What occurred?
On this week’s Weekly Market Evaluate in partnership with Securities Buyers Affiliation Singapore (SIAS), we focus on the positive factors in international inventory markets and in addition share extra in regards to the following: Singapore Banks (DBS, UOB and OCBC)SATS Watch the video to study extra about what we’re looking for this week.
Weekly Market Evaluate
1:20 – Macro Replace
The S&P 500 rebounded to shut greater at 5,600 factors, marking a robust week for US shares.The Straits Instances Index (STI) rose by 2.4%, pushing again above the three,380 stage, pushed by optimistic market sentiment.The Shopper Worth Index (CPI) improve in Singapore moderated, with core CPI for July rising by simply 2.5% year-over-year.US one-year authorities bond yields fell to 4.4%, the bottom stage in a yr, pushed by declining inflation and fee lower expectations.Investor confidence surged as market expectations solidified, with a 76% chance of a 25 foundation level…
