Money in the Market: For how long will the 'higher for longer' narrative remain?

The US Federal Reserve held interest rates steady overnight, as was widely expected. Fed Chair Jerome Powell made clear that the central bank is almost done raising interest rates, but his colleagues delivered the message that resonated: borrowing costs must remain higher for longer amid renewed s…

Money in the Market: Is China's commodities market set for a golden run?

China’s stuttering economy has been one of the biggest threat to global commodities demand, as economic activity and credit flows in the world’s top buyer deteriorated sharply and put Beijing’s modest growth targets at risk. But with the second largest economy now showing some signs of recovery, a…

Money in the Market: How will stock markets be impacted by the US Fed's interest rate decision?

The US Federal Reserve's updated forecasts for its benchmark interest rate - due Thursday morning Singapore - are looming as a potential decider for a Treasuries market at risk of a third year of losses.  The two key questions are whether policymakers retain expectations for one more 25 basis-poin…

Money in the Market: Are Singapore's continuously contracting NODX numbers a cause for concern?

Singapore's non-oil domestic exports contracted for the 11th straight month in August, falling by 20.1 per cent, with both electronics and non-electronics seeing a decline. Is this a worrying sign for the economy? And what is the outlook for the Chinese economy given last week's improved data? In…

Money in the Market: Is it a good time to load up on investment-grade corporate bonds or high yield bonds?

A bond market signal that has shown warning signs for months suggests an economic recession could still be on the horizon. According to data from Bloomberg, the 10-year and 3-month yield curve has been inverted for 212 straight trading days. This is a record that just surpassed the 1980 inversion…

Market Wrap: How will Singapore’s largest equity ETF help spur sustainable investing in Asia?

On The Afternoon Update, Hongbin Jeong speaks to Geoff Howie, Market Strategist, SGX for market wrap of the week. We find out how the STI fared in the past week; the biggest movers; how a newly-launched equity ETF - the largest in Singapore - between SGX and BlackRock, can spur sustainable investi…

Money in the Market: Rising US inflation: how does it impact the Fed's upcoming interest rate decisions?

US inflation accelerated in August for the second consecutive month, pushed up by rising gas prices. According to data from the Bureau of Labor Statistics, core inflation, however - which excludes volatile food and energy prices - continued to slow. The Consumer Price Index, a closely watched inf…

Money in the Market: What is luring investors to emerging markets?

Investors are eyeing new opportunities in emerging markets. They are fast becoming an attractive destination for the latter half of 2023, owing to their resilience and growth advantage over developed markets. French asset management company Amundi forecasts a 4% average growth rate for emerging m…

Money in the Market: Are the bond vigilantes here to stay?

During the month of August, financial markets were heavily focused on China and its sluggish economic recovery, as the nation reported a sequence of continuously  disappointing data. But even as markets suffered losses in the wake of this data, long-term US Treasury yields witnessed a rebound, as …

Money in the Market: Are China's easing deflationary pressures a sign of good things to come?

Key data released this past weekend showed an easing of China’s deflationary pressures for the month of August. The consumer price index was 0.1% higher year on year in August, lower than a Reuters poll of analysts who predicted a 0.2% increase. Most importantly, though, the index emerged out of …