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Market View: Will the Santa rally survive weak China data and shifting Fed expectations?
As markets head into the final stretch of the year, is a Santa Claus rally is still on the cards amid mixed Asia Pacific trading, a softer opening for Singapore stocks, and rising expectations of a US Fed rate cut? Fresh data from China adds to the uncertainty, with property developer sales plunging 36% in November and services activity slowing to a five-month low, raising questions about the durability of its recovery. On Market VIew, Willie Keng and Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management unpack what could power or derail a year-end upswing. They also…
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