On The Afternoon Update, Hongbin Jeong is joined by Geoff Howie, Market Strategist at the SGX, for a market wrap of the week.
They discuss how the STI performed in the past week; the biggest movers on the STI; the outlook for Singapore's economy following a 10th consecutive month of contractions in non-oil domestic exports; China's weak economic data and the PBOC's response; and the minutes from the Federal Reserve's Federal Open Market Committee meeting this week which revealed that most officials still regarded high inflation as an ongoing threat that could require further interest rate hikes.