Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: Singapore’s Q1 corporate earnings; China’s blockbuster 4.5% GDP growth in Q1; US dollar rallied on Fed hike expectations; Apple and Goldman Sachs’ high-yield savings account

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Singapore shares dipped this morning despite Wall Street’s gains overnight.

The Straits Times Index was down 0.1 per cent to 3,314.77 points in early trade after 31.3 million securities changed hands in the broader market.

In terms of companies to watch, we do have a number of Reits ranging from Keppel Reit, Sabana Reit, as well as a number of big names like Keppel Corp and UOI releasing their business update for Q1 FY2023 this week. But what can we expect on this front? 

Elsewhere, the dollar eased earlier today after rallying strong last night after strong US economic data fanned expectations of further rate hikes by the US Federal Reserve in May. So what is the outlook of the dollar ahead?

On Market View, the Drive Time team looked at how the Singapore stock market ended the day and the sectors and developments to watch with Jeff Ng, Senior Currency Analyst, MUFG.

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Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Money Matters is your guide to navigating the day's most important topics, from politics and current 
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