Market activity held relatively firm, with S$1.45 billion in value turnover, but sentiment stayed fragile as attention turned to ongoing discussions around a potential 45-day ceasefire involving the US, Iran and regional mediators. With no clear outcome and a tight 24-48 hour window, markets, particularly oil, are bracing for possible volatility depending on how events unfold.

Oil prices have so far shown measured reactions, suggesting that recent tensions may already be partially priced in, supported by existing inventory buffers. However, if the situation drags on or escalates, these buffers could begin to erode, potentially triggering sharper moves in energy markets.

On Market View, Sean Cheong speaks to Kelvin Wong, Senior Analyst, OANDA, to unpack the latest market movements.

Market activity held relatively firm, with S$1.45 billion in value turnover, but sentiment stayed fragile as attention turned to ongoing discussions around a potential 45-day ceasefire involving the US, Iran and regional mediators. With no clear outcome and a tight 24-48 hour window, markets, particularly oil, are bracing for possible volatility depending on how events unfold.
Oil prices have so far shown measured reactions, suggesting that recent tensions may already be partially priced in, supported by existing inventory buffers. However, if the situation drags on or escalates, these buffers could begin to erode, potentially triggering sharper moves in energy markets.
On Market View, Sean Cheong speaks to Kelvin Wong, Senior Analyst, OANDA, to unpack the latest market movements.

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.