Latest / Your Way Home with Hongbin Jeong
Market View: How will Stephan Miran’s appointment to the rate-setting FOMC weigh on the Fed’s upcoming decision?; Expectations on Fed’s dot plot, USD movements; Jack Ma reportedly on a mission to “Make Alibaba Great Again”; Flagged talks between Trump and Xi; SIA to watch
Singapore shares dipped today despite most Asian markets trading in the green. The Straits Times Index was down 0.22% at 4,328.85 points at 2.39pm Singapore time, with a value turnover of S$826.72M seen in the broader market. In terms of companies to watch, we have SIA Group, after the airline group yesterday reported a 5.4 per cent increase in passenger traffic for August compared with the previous year. This increase outpaced the 2.7 per cent expansion in passenger capacity across Singapore Airlines (SIA) and Scoot. Elsewhere, from what to watch out of flagged talks between US President…
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