Reset with Lynlee

The performance of US equities has been mixed following the announcement of a tentative deal on the longstanding US debt ceiling impasse. The bond market also has much to contend with. The Treasury will need to replenish its coffers by selling more debt and the passing of the deal puts focus back on the Federal Reserve’s fight to tame inflation.  Meanwhile, gold futures and spot price rose while o...

Listed companies are on a path to warm the planet by 2.7° above preindustrial levels this century. That’s according to the latest MSCI Net-Zero Tracker. The number is well above  limiting the rise in average global temperatures to 1.5 degrees Celsius  above preindustrial levels. And while climate goals by listcos may be on the rise, so are emissions.  Rachel Kelly speaks to Sylvain Vanston, Execut...

The US dollar nudged lower, pulling back from six-month peaks against the yen, following news of a U.S. debt ceiling deal, which lifted risk appetite across world markets and dented the greenback's safe-haven appeal. What does that signal? The Nikkei, meanwhile, closed at a fresh 33-year high on Monday. How has the Japanese yen reacted to this? Hongbin Jeong speaks to Peter Chia , Senior FX Strate...

White House and Republican negotiators have reached a tentative deal to raise the US debt ceiling and avert a default that threatened to send tremors through the global economy. The bill has been lined up for a vote on Wednesday. How are Asian markets reacting to this news? Treasury Secretary Janet Yellen has warned, though, that an extension must be finalised by June 5 to avoid a historic default...

Asian high-yield bonds were one of the most downtrodden sectors from 2022, but they’ve surged by around 30 per cent since November 2022 earlier this year. So what's the outlook for the Asian credit market for the remainder of 2023? And what competitive edge do Asian corporate bonds hold that make them more attractive? On Money in the Market, Hongbin Jeong speaks to  Henry Loh, Head of Asian Credit...

Nvidia is within touching distance of $1 trillion market value — poised to become only the ninth firm ever to hit that milestone — as the artificial intelligence frenzy boosts demand for processors that can accelerate computing. The chipmaker would become the fifth publicly traded U.S. company to be currently worth $1 trillion. Apple created the club in 2018, while Microsoft, Alphabet and Amazon a...

China has been boasting strong economic growth since the removal of its Zero Covid policy. But concerns remain among investors over the strength of China’s economic recovery, as the combination of strong post-reopening economic data and sluggish stock-market returns proves perplexing. So is there room to grow for Chinese markets later in the year? And what are some of the investment trends when it...

Singapore aims to reach net zero by 2050. And, according to some industry players - more needs to be done to reach climate goals. A survey of members of the Sustainable Energy Association of Singapore revealed that more than two thirds (72%) of respondents believe that Singapore isn’t making fast enough progress on its net zero targets. In this week's episode of Eco Money, Rachel Kelly speaks to K...

According to TD Ameritrade Singapore’s latest report on its Singapore Investor Movement Index, which tracks what investors were actually doing and how they were positioned in the markets, Singapore investors had increased exposure during the April period, but that was unlike the overall TD Ameritrade client population.  In fact, Singaporean investors were net sellers of equities. On Money in the M...

Global gold demand was down by as much as 13 percent year-on-year in Q1, with consumer demand in Singapore alone dipping by 20 percent year-on-year.  But despite the fall, the Monetary Authority of Singapore was still the single largest buyer during the quarter? Why was this the case, and what is the outlook on gold investment for the remainder of the year? On Money in the Market, Hongbin Jeong sp...

Earlier this month, digital media giant Vice Media, once valued at nearly US$6 billion, filed for Chapter 11 bankruptcy protection.  Vice was one of seven large companies that filed for Chapter 11 in less than 48 hours, the largest number on record during a two-day period since 2008. So is the problem simply just down to aggressive debt accumulation during the low-interest-rate era, or is it more...

Earlier this month marked the one-year anniversary of Terra LUNA's collapse. Despite that and other fallouts since then, more than 40 percent of Singaporean investors are still holding onto crypto. Why is that the case? What are other investment trends capturing the market, and how will Ethereum yield solidify its position as the prevailing risk-free rate in the crypto industry? On Money in the Ma...

Singapore Airlines this week unveiled record revenue and profit numbers for the current financial year, buoyed by record passenger loads. On Market Wrap, Hongbin Jeong speaks to  Geoff Howie, Strategist at the SGX , to discuss the carrier's blockbuster results, as well as other key market movers, trade volumes and the latest on US debt ceiling talks. See omnystudio.com/listener for privacy informa...

The latest report from the Food and Agriculture Organization of the United Nations - showed that its Food Price Index rose by 0.6% month on month in April. Now this might not sound like much, but -  this marks the first increase in the FFPI since March 2022, when prices rose by 13.1% on month  in the wake of Russia’s February 2022 invasion of Ukraine.  In terms of the constituent groupings, the in...

Recent banking collapses and rescue deals have re-ignited US recession risks.  As a result, the US Federal Reserve may need to keep policy rates stable for longer than expected, leaving equity markets susceptible to high volatility. So has this opened the door to opportunities in fixed income markets? On Money in the Market, Hongbin Jeong speaks to Carol Lye, Associate Portfolio Manager & Seni...

The US dollar has rebounded amid US debt ceiling talks. But what could trigger the greenback to decline again? Analysts say there are a number of factors behind the dollar's recent strength, including concerns about US inflation and safe-haven buying. These concerns are driven by fears about the debt ceiling standoff and global economic growth, as well as more hawkish rhetoric from Fed officials....

After a historic month of March, April appeared to be much quieter for investors, whose attention was once again focused on earnings and the future of the economy in an environment of tightening credit conditions.  And in recent weeks, the US debt ceiling is a major subject of concern for investors. So how has that moved markets so far?  Could we expect a liquidity crunch? On Money in the Market,...

With the continuous rate hikes from the US Fed added with the recent banking crisis, financial markets have fallen into more uncertainty.  So how should investors be better positioning themselves for better returns?   And what’s the outlook for global equities?  On Money in the Market, Hongbin Jeong speaks to Michael Kelly, Global Head of Multi-Asset, PineBridge Investments to find out more.    Hi...

Recently, Standard Chartered had said top cryptocurrency bitcoin could reach $100,000 by the end of 2024, adding that the so-called "crypto winter" is over. So how has Bitcoin and other cryptocurrencies been faring so far? And can Bitcoin really reach $100,000 by the end of 2024 as earlier said by Standard Chartered? On Money in the Market, Sean Cheong speaks to Chew Min Wei, Partner at Arcane Gro...

On The Afternoon Update, Sean Cheong speaks to Geoff Howie, Market Strategists from the SGX for a wrap of markets for the week. They discuss how the STI performed in the past week; the biggest movers; UOB earnings; the latest US inflation data and what that means for the US Fed; and what investors should look out for in the week ahead.  See omnystudio.com/listener for privacy information.

With the current uncertainty adding to volatility in global financial markets, more investors are looking for alternative ways to manage their investment portfolios.  Instead of investing in stocks, bonds and REITS, retail investors can now also tap into private markets and gain access to institutional-grade curated investment opportunities.  These investments are apparently now accessible for ret...

Despite Friday’s stock rebound, investors still have much to worry about. The rout in US bank shares has the S&P 500 financials index on the verge of falling back below its 2007 peak. So how much has banking shares plunged so far? Can we expect more pain?  On Money in the Market, Hongbin Jeong speaks to Amber Choudhury, senior finance reporter at Bloomberg to find out more.  See omnystudio.com...

Wall Street’s excitement about a potential pause in the Federal Reserve’s aggressive tightening campaign was not enough to keep the stock rally going, with chair Jerome Powell says it may be too soon to cut rates. So what does that mean? If the Fed does not cut rates by the end of this year, would that be enough to trigger a recession? Or perhaps even a stagflation?  On Money in the Market, Hongbi...

On The Afternoon Update, Hongbin Jeong speaks to Geoff Howie, Market Strategist at the SGX, to get a wrap of markets for the past week. They discuss STI's performance; biggest movers on the STI; UOB and DBS's latest earnings and what to expect from OCBC; US Fed rate hike; Singapore's factory activity data; as well as the latest on earnings season.  See omnystudio.com/listener for privacy informati...

Central banks' focus has become more complicated, especially in light of the recent banking crisis.  The US Fed has raised its interest rate 25 basis points, its 10th hike in 14 months. And it has signalled that this rise may be its last one for now. Now all eyes are on the European Central Bank.  So how are equities faring at the moment - and more specifically, what are the latest multi-asset all...