Singapore stocks started off strong in early trade today, following overnight gains in global markets.

In early trade, the Straits Times Index (STI) rose 0.4 per cent to 3,212.01 points after 44.1 million securities changed hands in the broader market. 

In terms of sectors to watch, we have the property sector after Chinese property developer Yanlord Land Group said yesterday that it recorded an 83.2 per cent on-year drop in total contracted presales from residential units, commercial units and car parks for the first nine months of the year. 

Elsewhere from talks that China is considering a large burst of economic stimulus and its impact on the Chinese Yuan, to the effects of rising Treasury yields on the King dollar – more forex news are in focus today.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.