Central bank powwows to hog spotlight
AFTER a week of rocky trading, the Singapore bourse could quite possibly be headed for more choppiness with the tug of war between monetary policy and trade fears as the dominant trading theme set to continue this week.
For now, the US Federal Reserve meeting on Thursday - where a rate hike is widely expected - is expected to grab the spotlight, and hence the focus will be on the Fed's tightening trajectory. Simply put: Will there be three (as widely projected) or four rate hikes for the year?
Alongside that, other central bank powwows are also on the cards for the week in the UK, New Zealand and Indonesia; with expectations for no policy rate changes.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Indian billionaire Birla said to mull US$1.2 billion in Novelis IPO
Apple’s China iPhone shipments soar 12% in March after discounts
Indian banks to step up IT spends as regulatory scrutiny rises
Puma returns to sales growth in Americas despite ‘volatile’ market
Shell to sell Singapore oil refinery, chemicals assets to Glencore joint venture
AstraZeneca lifts FTSE 100 to record high