The Singapore stocks market benchmark index, STI went south by 1.38% as of this time in writing. Looking at the top volume stocks, we see many stocks headed south. There is currently more selling pressure than buying pressure in the Singapore stocks markets and it is not difficult to know why that is so. It is because there are key macro events which will be shaping the Singapore stocks markets.First is the US Federal Reserves interest rate decision and then it is the Britain’s vote of whether it will choose to stay in the Eurozone or otherwise. In light of these two key themes, it is understandable why investors will choose to leave the stocks markets for now, take a seat backward and reassess the stocks markets before making their next move.

I have shared many times earlier on this blog that the current markets are such that …