US$ may rebound, signalling a 'choppy' quarter for equities
Greenback may stage temporary recovery against Asian currencies including the S$, says DBS research report
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CURRENCY market movements are signalling a choppy third quarter for equities.
A DBS Group Research report dated July 10, 2017, said that the Singapore equity market was expected to "turn sideways in the third quarter of this year on the back of growth moderation, earnings uncertainty, and possible caution" leading up to the Federal Open Market Committee meeting in September.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result