Singapore stocks once again rallied today, with the benchmark STI heading up by 1.68%. Yesterday, we read that the Chinese Yuan is to keep the yuan stable and the stocks markets worldwide rallied on the news. Today, Saudi Arabia and Russia agreed to freeze oil outputs near record levels, hence with today’s announcement, oil prices may head north slowly but surely.

It is not conclusive to argue that Singapore stocks markets and other global markets will rally next; it remains to be seen as we have to look at the other macro indicators like the economical data coming out from US, Europe and even continue to look at the data from China. I find the stamina of investors still keen to predict stock movement based on the US Federal move impressing. From when US Fed Reserves to cut rates, to when US Federal Reserves stop the taper, to when …