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Market View: Nikkei at an intraday high - What's driving this boost? And how are markets reacting to the Fed's first rate cut?

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Manage episode 507105774 series 2467889
Content provided by SPH Radio and MONEY FM 89.3. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SPH Radio and MONEY FM 89.3 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Singapore's Straits Times Index (STI) opened lower in early trade, as investors reacted to caution stemming from the US Federal Reserve’s first interest rate cut since December 2024.

Among key stocks, DBS, OCBC and UOB fell between 0.6-1%. This comes as current rate pressures and sector rotation weighed on the counters.

Meanwhile, Asia-Pacific markets traded mixed, with Japan’s benchmark Nikkei index rose around 1% to a fresh record in early trade.

On Market View, Willie Keng speaks to David Chow, Director of Azure Capital, to find out more about the latest market developments.

See omnystudio.com/listener for privacy information.

  continue reading

5031 episodes

Artwork
iconShare
 
Manage episode 507105774 series 2467889
Content provided by SPH Radio and MONEY FM 89.3. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SPH Radio and MONEY FM 89.3 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Singapore's Straits Times Index (STI) opened lower in early trade, as investors reacted to caution stemming from the US Federal Reserve’s first interest rate cut since December 2024.

Among key stocks, DBS, OCBC and UOB fell between 0.6-1%. This comes as current rate pressures and sector rotation weighed on the counters.

Meanwhile, Asia-Pacific markets traded mixed, with Japan’s benchmark Nikkei index rose around 1% to a fresh record in early trade.

On Market View, Willie Keng speaks to David Chow, Director of Azure Capital, to find out more about the latest market developments.

See omnystudio.com/listener for privacy information.

  continue reading

5031 episodes

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