Key drivers are window-dressing, US rates, Brexit
DeeperDive is a beta AI feature. Refer to full articles for the facts.
IN chronological order, the first question traders will be asking in the week ahead is whether there will be a month-ending, window-dressing push on blue chips on Tuesday. The second question which traders here will have to grapple with is whether the US Federal Reserve will raise interest rates at next week's US Federal Open Markets Committee (FOMC) meeting.
The third issue to ponder is the June 23 UK referendum on "Brexit" - whether Britain should exit the eurozone or remain.
Within these considerations are a host of other less obvious factors such as China's economic data and oil, although the latter's influence has greatly diminished in the past month.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium