You are here

Markets rewind after Fed rate hold

US$ slides to eight-month low against S$, equities surge as risk appetite returns, but bullish mood could fizzle out in S'pore as soon as early April
Friday, March 18, 2016 - 05:50

35083267 - 08_06_2015 - hxsgx9.jpg
In one stroke - or lack thereof - the United States Federal Reserve turned back the clocks for local markets, sending the greenback down to an eight-month low against the Singapore dollar and the Straits Times Index (STI) up to within a whisker of its end-2015 mark on Thursday.

Singapore

IN one stroke - or lack thereof - the United States Federal Reserve turned back the clocks for local markets, sending the greenback down to an eight-month low against the Singapore dollar and the Straits Times Index (STI) up to within a whisker of its end-2015 mark on Thursday

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom