Market Review and Trends
Stocks bounce while deposit rates fall: Weekly Market Recap
By Beansprout  •  May 4, 2025
Global stocks bounced with easing trade concerns while fixed deposit and savings accounts rates fall. As we head into a new month, one hot topic that’s come up in the Beansprout community is “Where should I park my money now that rates are dropping?” (And nope, it's not about the General Election) And honestly, I’ve been asking myself the same thing. From 1 May, UOB One and OCBC 360 have both lowered their bonus interest rates. On top of that, the best fixed deposit rates this month have also come down. So if you’re trying to earn more on your spare cash, the options feel a bit more limited. That’s why I’ve been reviewing the latest savings account rates to see what’s still competitive in May. We’ve also looked into what to expect for the next T-bill auction on 7 May, especially with yields falling recently. At the same time, I’ve been exploring some dividend-paying stocks and REITs that may be seen to be less...
Read the full article
By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published. Required fields are marked *

*

Your Email Address will not be published
*

Read More Articles
More from thefinance