What happened?
In this week's Weekly Market Review in partnership with
Securities Investors Association Singapore (SIAS), we discuss the performance of the global equity market and also share more about the following:
SIAMapletree Logistics TrustMapletree Pain-Asia Commercial Trust Watch the video to learn more about what we are looking out for this week.
Weekly market review
1:44 - Macro update
Fairly positive market backdrop The S&P 500 rose 1.5% last week, with the Dow Jones breaching the 40,000 level. The Nasdaq gained 2.1% as well. The US core inflation rate for April came in at 3.6%, below market expectations and continuing a downward trend over the past 12 months. This data point fuels investor expectations that the Fed might start cutting interest rates. The US government bond yield dipped slightly after the inflation data announcement, with the 10-year yield falling to 4.4% from 4.5% the previous week. Investors...