Ahead of the release of US labour market data, Stephen Innes, managing director of SPI Asset Management, said that any material weakening in the labour market could lead the US Fed to impose rate cuts, even if inflation remains sustained and moderately elevated.
Innes added that the upcoming report will be “a major litmus test” for near-term rate cut expectations, which he expects to occur in June or July this year.
$DBS Group Holdings(D05.SG$ $OCBC Bank(O39.SG$ $UOB(U11.SG$ $FTSE Singapore Straits Time Index(.STI.SG$ $SGX(S68.SG$ $Nasdaq Composite Index(.IXIC.US$ $Dow Jones Industrial Average(.DJI.US$ $S&P 500 Index(.SPX.US$
Innes added that the upcoming report will be “a major litmus test” for near-term rate cut expectations, which he expects to occur in June or July this year.
$DBS Group Holdings(D05.SG$ $OCBC Bank(O39.SG$ $UOB(U11.SG$ $FTSE Singapore Straits Time Index(.STI.SG$ $SGX(S68.SG$ $Nasdaq Composite Index(.IXIC.US$ $Dow Jones Industrial Average(.DJI.US$ $S&P 500 Index(.SPX.US$
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INSTITUTIONS were net buyers of Singapore stocks over the four trading sessions through to May 2, with S$12.9 million of net institutional inflow, as 17 primary-listed companies conducted buybacks with a total consideration of S$28.4 million.
$CapitaLandInvest(9CI.SG$ led the buyback consideration tally, buying back 6,860,200 shares at an average price of S$2.60 per share. In its Q1 FY2024 business update released on Apr 26, the company maintained its focus on positioning for future sustainable gr...
$CapitaLandInvest(9CI.SG$ led the buyback consideration tally, buying back 6,860,200 shares at an average price of S$2.60 per share. In its Q1 FY2024 business update released on Apr 26, the company maintained its focus on positioning for future sustainable gr...
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Singapore retail sales up 2.7% in March, extending growth
SINGAPORE’S retail sales grew 2.7 per cent year on year in March, extending the previous month’s 8.6 per cent growth, according to data released by the Department of Statistics (SingStat) on Friday (May 3).
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$DBS Group Holdings(D05.SG$declined 0.1 per cent or S$0.05 to S$35.59, $OCBC Bank(O39.SG$gained 0.1 per cent or S$0.02 to S$14.30, and $UOB(U11.SG$dipped 0.1 per cent or S$0.04 to S$30.61.
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BullnBearTrading
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Singapore shares advanced at the opening bell on Monday (May 6) morning, tracking gains in global markets.
$FTSE Singapore Straits Time Index(.STI.SG$rose 8.31 points or 0.3 per cent to 3,301.24. Across the broader market, gainers outnumbered losers 94 to 57, after 51.6 million securities worth S$58.5 million changed hands.
$ThaiBev(Y92.SG$ was the most heavily traded counter by volume. The counter gained 1 per cent or S$0.005 to S$0.495, after 3....
$FTSE Singapore Straits Time Index(.STI.SG$rose 8.31 points or 0.3 per cent to 3,301.24. Across the broader market, gainers outnumbered losers 94 to 57, after 51.6 million securities worth S$58.5 million changed hands.
$ThaiBev(Y92.SG$ was the most heavily traded counter by volume. The counter gained 1 per cent or S$0.005 to S$0.495, after 3....
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Singapore stocks ended the week in the red on Friday (May 3), ahead of key labour market data from the United States (US).
The data gives an indication of the scope and timing of US Federal Reserve (Fed) rate cuts, and affects market sentiment.
In Singapore, the benchmark $FTSE Singapore Straits Time Index(.STI.SG$fell 0.1 per cent or 3.96 points to close at 3,292.93.
Across the broader market, advancers outnumbered decliners 344 to 239, with 1.2 billion securit...
The data gives an indication of the scope and timing of US Federal Reserve (Fed) rate cuts, and affects market sentiment.
In Singapore, the benchmark $FTSE Singapore Straits Time Index(.STI.SG$fell 0.1 per cent or 3.96 points to close at 3,292.93.
Across the broader market, advancers outnumbered decliners 344 to 239, with 1.2 billion securit...
1
BullnBearTrading
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$Palantir(PLTR.US$
A symmetrical triangle seems to have formed, which can be a bullish signal, in addition to the earnings this Monday, if all goes well, can push share prices. Some may say "Continuous triangle" too. Whatever the catalyst, it’s all about momentum and volume...
A symmetrical triangle seems to have formed, which can be a bullish signal, in addition to the earnings this Monday, if all goes well, can push share prices. Some may say "Continuous triangle" too. Whatever the catalyst, it’s all about momentum and volume...
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Singapore and Indonesia to deepen cooperation on green economy, including sustainable development of Nusantara
Exploring opportunities in the green economy – including investing in the sustainable development of Indonesia’s new capital Nusantara – were among the many issues that Prime Minister Lee Hsien Loong and Indonesian President Joko Widodo discussed at their final leaders’ retreat on Monday (Apr 29).
Money launder...
Singapore and Indonesia to deepen cooperation on green economy, including sustainable development of Nusantara
Exploring opportunities in the green economy – including investing in the sustainable development of Indonesia’s new capital Nusantara – were among the many issues that Prime Minister Lee Hsien Loong and Indonesian President Joko Widodo discussed at their final leaders’ retreat on Monday (Apr 29).
Money launder...
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$DBS Group Holdings(D05.SG$shed 0.5 per cent or S$0.18 to S$34.60, $OCBC Bank(O39.SG$declined 0.4 per cent or S$0.05 to S$14.16, and $UOB(U11.SG$dipped 0.4 per cent or S$0.11 to S$30.39.
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Singapore stocks fell at the opening bell on Tuesday (Apr 30) morning, despite overnight gains in global markets.
$FTSE Singapore Straits Time Index(.STI.SG$fell 8.54 points or 0.3 per cent to 3,273.51. Across the broader market, gainers were on a par with losers 51 to 51 after 60.9 million securities worth S$48.6 million changed hands.
$Seatrium(S51.SG$ was the most heavily traded counter by volume. The counter was down 1.1 per cent or S$0.001 at S$0.092, ...
$FTSE Singapore Straits Time Index(.STI.SG$fell 8.54 points or 0.3 per cent to 3,273.51. Across the broader market, gainers were on a par with losers 51 to 51 after 60.9 million securities worth S$48.6 million changed hands.
$Seatrium(S51.SG$ was the most heavily traded counter by volume. The counter was down 1.1 per cent or S$0.001 at S$0.092, ...
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