Markets and Investing
Singapore dollar gains from US outflows
Traders sold the greenback as they headed for risk currencies.
Singapore dollar gains from US outflows
Traders sold the greenback as they headed for risk currencies.
STI points to weaker open
Mixed reactions on Wall Street and the poor Nikkei start are unlikely to provide any inspiration, says OCBC Investment Research.
Singapore dollar stuck in narrow trading range
The local currency has been one of the region’s best performers this year, says IG Markets Singapore, but has been stuck in a narrow trading range against the US dollar.
Firmer open set for STI following holiday
The big news locally, according to IG Markets Singapore, was the improved $53 a share Heineken offer for APB.
Singapore dollar sits at $1.2498
The local currency has failed to find any uplift from the improved sentiment in global markets, says IG Markets Singapore.
STI set to resume recovery
The rally on Wall Street overnight and the positive Nikkei start are expected to boost local sentiments, says OCBC Investment Research.
Singapore dollar sits at $1.2493
The US dollar has been edging up against the local currency along with other major currencies, says IG Markets Singapore.
Property bonds in focus
SGD rates closed 5-6bp higher across the curve, says OCBC Treasury Research.
Singapore dollar trades in tight range
The US dollar sits at $1.2483 against the local currency.
STI hits 12-month high
The futures market hints at a weaker open however, says IG Markets Singapore.
Singapore dollar trades at $1.245
Virtually unchanged, the local currency is expected to remain in a tight range against the US dollar.
STI shows signs of rebounding
The index closed 0.4% higher and is forecast to recover further.
Singapore dollar holds firm at $1.245
Many will now be looking to MAS for clues to whether it may shift its policy ahead of its next meeting in October, says IG Markets Singapore.
Significant improvement unlikely for STI
On Friday the index traded sideways pretty much of the session before closing just 0.1% higher, says OCBC Investment Research.
Singapore dollar trades at $1.245
The local currency could face further pressure after revised Q2 GDP figures were released, says IG Markets Singapore.
Singapore traders to play catch-up
This after Chinese economic data was released during National Day celebrations, while local GDP figures have just been released.
Singapore dollar struggles to hold onto gains
Traders have taken on a risk-on sentiment as eurozone issues calm down and US corporate earning perk up, says IG Markets.
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