In this week’s Weekly Market Review in partnership with the Securities Investors Association Singapore (SIAS), we discuss the continued rise in the STI, elevated bond yields and oil prices, and the latest earnings updates from Singapore Airlines and Keppel. We also look at the technical outlook for the STI and major US indices ahead of earnings from DBS, UOB and OCBC.
Watch the video to learn more about what we are looking out for this week. Weekly Market Review 1:30 - Macro Update- US markets recovered last week, with the S&P 500 rebounding towards the 7,500 level as selling pressure in AI-related stocks eased towards the end of the week.
- The STI continued to reach fresh record highs, closing the week at 5,638 points amid sustained optimism towards Singapore stocks.
- The US Federal Reserve kept interest rates unchanged, although three officials preferred to raise
