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 Integrated Commercial Trust and Frasers Centrepoint Trust Watch the video to learn more about what we are looking out for this week.
Weekly Market Review
1:47 - Macro Update
The S&P 500 declined 2.3% for the week, nearing a 10% pullback from its recent peak, with broad-based selling across tech and industrial stocks weighing on the US market.While the STI had been outperforming, last week's selloff caught up with Singapore’s market, dropping 2% to close at 3,836 points on Friday.The US CPI data came in at 2.8%, slightly below expectations, yet markets still sold off.Consumer sentiment has weakened significantly largely driven by uncertainty over Trump’s tariffsAdditionally, a significant spike in five-year inflation expectations, currently at its highest...