Singapore Central Bank Likely to Stand Pat in July -- Market Talk

The Monetary Authority of Singapore is likely to keep its monetary policy settings unchanged at its upcoming meeting this month, Goldman Sachs analysts say in a note.

WSJJul 8 16:07

UOL Chairman Wee Ee Lim Builds Interest

Institutions were net buyers of Singapore stocks over the five trading sessions through to Jul 4, with S$188 million of net institutional inflow, as 20 primary-listed companies conducted buybacks with

Singapore ExchangeJul 8 09:42

Market Updates | UOL Chairman Wee Ee Lim Builds Interest

Singapore ExchangeJul 8 00:00

UOB: The risk of downward movement in the yield of U.S. 10-year treasury notes is greater.

On July 5th, Quek Ser Leang, UOB's global economic and market research strategist, said that from the weekly chart, the yield on 10-year US Treasury notes is expected to fluctuate in the range of 4.137% to 4.622%. Although there is a possibility of further increase in yields, the mild upward trend indicates that any increase in yields is unlikely to be significantly higher than the level of 4.622%, as the downward trendline connecting the high points of October 2023 and May 2024 is close to 4.622%. In addition, the bottom of the Ichimoku cloud, 4.137%, still remains.

Gelonghui FinanceJul 5 20:04

UOB: Concerns over slowing inflation progress from the Fed.

On July 4th, Guosen Securities reported that Alvin Liew, senior economist at UOB, pointed out that the minutes of the June meeting of the Federal Reserve showed that policymakers at the Federal Reserve were concerned about slower-than-expected progress in inflation compared to their expectations in December last year. Although the minutes of the meeting indicated that Federal Reserve policymakers "emphasized the importance of adjusting future policy decisions based on forthcoming data, evolving economic outlooks, and risk assessments," there was some inconsistency in their views on the time/extent of maintaining policy. It is worth noting that some participants stressed the need for patience, while several attendees warned that if inflation continues to remain high or rise further

Gelonghui FinanceJul 4 19:51

UOB: Financial Statements and Related Announcement-Notification of Results Release

Singapore ExchangeJul 4 17:27 · Announcements