Finally, the Federal Reserves will scale back fully the purchase of the government bonds which signal the full withdrawal of the Quantitative Easing round 3 (QE3). Singapore’s stocks markets perform quite okay, while markets in the region and overseas were mixed. The global stock markets’ response to US Federal Reserves’ announcement were quite modest simply because, the Federal Reserves say that it will still keep interest rates low. This means that Reits could still perform well and that companies and personnel with some debt have still some time to benefit from the low interest rates. So is the announcement from the Federal Reserves good for Singapore stocks overall? Well, I would also want to say that currently, it is earnings reporting season of companies, hence one should know that investors would scrutinize the earnings announcements of companies more closely than macro-economic indicators announcements. I think investors will depend more of ......