What happened?
In this week's Weekly Market Review in partnership with Securities Investors Association Singapore (SIAS), we discuss key developments in the global equity market and also share more about CapitaLand China Trust, CapitaLand Investment, Sasseur REIT, and Wilmar. Watch the video to learn more about what we are looking out for this week.
Weekly Market Review
1:40 - Macro Update
The S&P 500 closed above the 5,700 level, while the Dow Jones and Nasdaq increased by 0.6% and 1% respectively.
The STI closed below the 3,600 points with a 1.4% decline.
The US Personal Consumption Expenditure (PCE) rose 2.2% in August, reinforcing investor's confidence that inflation is coming down and the FED will continue cutting interest rates.The Singapore 6-month T-bill cut-off bond yield fell to 2.97%, the first time it has fallen below 3% since September 2022. This reflects the fall in global bond yields following the US interest
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