In this week's Weekly Market Review in partnership with the Securities Investors Association Singapore (SIAS), we discuss the STI's surge to a fresh record high as investors rotated into Singapore banks amid rising oil prices and bond yields. We also look at why selected Singapore REITs have outperformed despite a challenging interest rate environment, and the technical outlook for the STI and major US indices ahead of the US earnings season.
Watch the video to learn more about what we are looking out for this week. Weekly Market Review 2:15 - Macro Update The STI was the standout performer among major global indices last week, surging 4.3% to a fresh record high of 5,469, comfortably outperforming the S&P 500 (+1.2%), NASDAQ (+1.7%) and Hang Seng (+3.5%).Renewed tensions in the Middle East pushed oil prices higher and drove the US 10-year Treasury yield back above 4.5%,...What happened?
