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Quiet week ahead but don't dismiss volatility

Published Sun, Feb 3, 2019 · 09:50 PM

IT MAY be a quiet week with the Singapore market closed on Tuesday and Wednesday for Chinese New Year celebrations, but don't be too quick to ignore possible market volatility.

With trade tensions and other geopolitical risks continuing to weigh on sentiment, volatility should still be expected regardless of the light economic calendar, said Lukman Otunuga, research analyst at FXTM.

He will also pay attention to the Singapore manufacturing purchasing managers' index (PMI) report on Monday for indications of whether trade tensions have impacted the nation's manufacturing sector. The January Nikkei PMI…

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