Traders to keep close watch on Budget, Trump and Fed

ALL eyes will be on Finance Minister Heng Swee Keat on Monday as he presents Singapore's Budget 2017 that is expected to address both near-term and longer-term goals. Traders will keep a close watch on the sectors most impacted by the budget even while they continue to keep an eye out for clues on market-moving news elsewhere.

Some trading inspiration may come from Wall Street where all three major stock indexes closed at record levels last Friday night, with the Dow Jones Industrial Average extending its record-brea…