Market View: Singapore’s core inflation down to 5% yoy in March; BOJ Ueda’s first policy meeting; LVMH surpasses US$500b in market value;US earnings in full swing; Expectations for Microsoft, Amazon, Meta, Alphabet and Impact of layoffs on balance sheets

Your Way Home with Hongbin Jeong · Apr 24, 2023 · 12m

Singapore shares fell this morning despite gains in US and Europe markets. In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,317.69 points after 17.8 million securities changed hands in the broader market. In terms of developments to watch for today, Singapore’s headline inflation fell to 5.5 per cent on-year in March, down from 6.3 per cent in February as expected by economists in a Bloomberg poll. Core inflation meanwhile, also dialled back to 5 per cent on the year in March, down from 5.5 per cent in February. Elsewhere investors continue to await first quarter earnings…