Wednesday, 30 July 2014

MARKET OUTLOOK - STRAITS TIMES INDEX IS PRICING IN A HIKE IN INTEREST RATE IN EARLY AUGUST

With HANG SENG INDEX rallying to the TOP seen this week, our local SINGAPORE market is not reacting to the positive sentiment. It could be that SINGAPORE economist expect AMERICA to hike its interest rate in EARLY AUGUST. We are now staying cautious on the side-lines with small exposure to any downside risk.
 
 

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