New Covid Drug and reopening of borders boost confidence The US recently announced that the end of the pandemic is near as there are drugs that available soon to prevent death due to covid 19. Though this announcement does not automatically apply to everyone in the world, I do think that this medication will provide government organisations with the needed assurance to reopen further since infections are almost unavoidable with the new variants. That said, inflationary fears continues to plague the global economy as rising prices continue to cut profit margins. As for Singapore, I do feel that we will benefit from both the availability of the medication as well as the reopening of borders. In this week’s outlook, we will see that STI has broken out of the crucial resistance level on the monthly chart is heading to the next resistance level on the daily chart. STI – Updated...