3 months ago, I reviewed moomoo Cash Plus in a blog article. For a sector that reacts and moves in seconds, 3 months is indeed a long time. Between now and then, the Fed had surprised market observers by relentlessly hiking interest rates. As a result, we now expect higher interest rates across the different products (i.e. Singapore Savings Bonds, Singapore T-bills, Money Market Funds). Moomoo SG is not resting its laurels either and has upped its promotion to offer guaranteed 5%* p.a. return rewards on your Cash Plus subscription product.
