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Market View: Rate decisions from FOMC, BoJ, BoE in focus; US-China talks on trade, TikTok divestment heads into second day; China’s economic activity slowed more than expected with sharp slump in investment; Seatrium, Jardine Cycle & Carriage to watch
Manage episode 506436838 series 2467889
Singapore shares were little moved today as Asian equities traded mixed.
The Straits Times Index was flat at 4,344.24 points at 12.52pm Singapore time, with a value turnover of S$650.64M seen in the broader market.
In terms of companies to watch, we have Seatrium. That’s as the offshore and marine energy solutions company failed in a Singapore court appeal to block a US$126.6 million rig contract payment to a customer on Friday.
Elsewhere, from what to watch out of ongoing trade talks between US and China in Madrid, to worries arising from a sharp slowdown in the Chinese economy, more economic headlines remain in focus.
Also on deck – a look ahead to the Federal Reserve’s rate decision due in the early hours of Thursday.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.
See omnystudio.com/listener for privacy information.
5021 episodes
Manage episode 506436838 series 2467889
Singapore shares were little moved today as Asian equities traded mixed.
The Straits Times Index was flat at 4,344.24 points at 12.52pm Singapore time, with a value turnover of S$650.64M seen in the broader market.
In terms of companies to watch, we have Seatrium. That’s as the offshore and marine energy solutions company failed in a Singapore court appeal to block a US$126.6 million rig contract payment to a customer on Friday.
Elsewhere, from what to watch out of ongoing trade talks between US and China in Madrid, to worries arising from a sharp slowdown in the Chinese economy, more economic headlines remain in focus.
Also on deck – a look ahead to the Federal Reserve’s rate decision due in the early hours of Thursday.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.
See omnystudio.com/listener for privacy information.
5021 episodes
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