For market wrap of the week, Hongbin Jeong speaks to Emelia Tan, research analysts at the SGX to find out how the STI performed in the past week; the biggest movers on the STI; what to expect from local banks as they report earnings in the following weeks; a look at US initial jobless claims and what it signals; whether there has been a shift in market optimism that rate hikes are going to end by this year; and what to look out for in the following week.