In this week’s market update, we delve into the world of global financial markets and explore the latest happenings with DBS and Lendlease REIT. Join us as we uncover the insights and trends shaping the investment landscape.
Macro Update:
- The S&P 500 remained stagnant at 5,344 points, with the Nasdaq and Dow Jones experiencing marginal losses.
- The Straits Times Index (STI) took a tumble, plummeting by 3.5% to 3,262 points – marking a significant decline for the week.
- The Bank of Japan’s decision to raise interest rates triggered the unwinding of the carry trade, leading to a staggering 12% drop in the Nikkei 225 – its largest since 1987.
- US 10-year bond yields initially dipped to below 2.7%, only to recover slightly to 2.86% thereafter.
- Speculations are rife about an imminent Fed rate cut in September, with predictions ranging from a 0.25% to 0.5% reduction.
- By November, the possibility of a total 0.75% rate cut looms large on the horizon.
Singapore Market Updates:
Stay informed about the local market scenario through our comprehensive market review:
Witness the market dynamics at play, gain valuable insights, and prepare yourself for the twists and turns of the investment landscape. Join us as we navigate through the nuanced world of finance, equipping you with the knowledge and foresight needed to make sound investment decisions.
As you delve into the intricate workings of DBS and Lendlease REIT, stay abreast of the latest developments, trends, and forecasts. The future of the financial landscape is unfolding before our eyes – seize the opportunity to stay ahead of the curve and make informed investment choices.
Embrace the data, absorb the insights, and embark on your investment journey with confidence.
In conclusion, arm yourself with knowledge, stay attuned to the market sentiments, and forge a path towards financial success. The future beckons – are you ready to seize the potential it holds?
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