The Afternoon Update with Hongbin Jeong (1pm – 4pm)Market Wrap: Trouble at SVB hits Asian banks - Are our local banks affected?
On The Afternoon Update, Geoff Howie from the SGX joins Hongbin Jeong to give a wrap on markets this week, including how the STI was largely in the red the past week, the biggest movers on the STI, and whether or not our local banks have been caught up in the SVB turmoil. They also discuss central banks - including the MAS and whether they further tighten its monetary policy, the US Fed and whether rates will peak at 5.6%; as well as the Bank of Japan and its interest date decision.
