Latest / Your Way Home with Hongbin Jeong
Market View: USD slides amid Trump’s push against Fed’s Powell, Impact on global equities; China warns countries against striking deal with US at its expense; Flurry of new economic forecasts, data points amid fallout from new US tariffs; Alphabet, Intel and Tesla’s earnings in focus this week; CDL, Yangzijiang Shipbuilding to watch and more
Singapore shares moved higher today even as regional investors remained downbeat given US tariff concerns. The Straits Times Index was up 1.18% at 3,764.16 points at 2.09pm Singapore time with a value turnover of S$647.77M in the broader market. In terms of companies to watch, we have City Developments Ltd, after the developer responded to a wide range of questions from shareholders spanning its share price decline to queries from the Securities Investors Association (Singapore). Elsewhere, from movements in the US dollar after US President Donald Trump contemplated whether he could fire…
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