What occurred?
On this week’s Weekly Market Evaluation in partnership with Securities Traders Affiliation Singapore (SIAS), we talk about key developments within the world fairness market alongside Mapletree REITs. Watch the video to study extra about what we’re looking for this week.
Weekly Market Evaluation
1:33 – Macro Replace
The Straits Instances Index (STI) prolonged its successful streak to 4 weeks, rising 0.3% to the touch a brand new all-time excessive of 4,933 factors earlier than closing round 4,908, defying volatility within the US the place the S&P 500 rose marginally by 0.3% and the Nasdaq dipped 0.2% affected by US large tech earnings.The Federal Reserve stored rates of interest unchanged, however market consideration shifted to the nomination of former Fed governor Kevin Warsh as the following Fed Chair, sparking expectations of a stronger US Greenback and a firmer stance on inflation.US 10-year Treasury yields remained elevated at 4.24%. In the meantime, treasured…
