Reset with Lynlee

We’re just about a week ahead of the next US Fed interest rate decision. While it’s widely expected that interest rates will stand pat once again, more clues on the policy path will be provided post-decision.  So how is the US dollar faring ahead of this decision? Can we expect more volatility? What are some of the risks FX traders should be looking out for? On Money in the Market, Hongbin Jeong s...

Since the start of the Israel Hamas war on October 7th, market reaction to the conflict has been limited, mostly to small moves in haven assets. But any future financial impact depends on escalation risks and potential changes to crude oil supply. So, how should investors mitigate their assets to protect themselves from such a worst case scenario? What assets can investors seek safety in? Should t...

US equities have seen a strong performance over the past 15 years. And this has changed investor dynamics. The US is sitting a record high 63% of the world’s traded market cap.  But is this a sustainable dynamic? Should investors be considering “cheaper” markets outside of the US instead?  On Money in the Market, Hongbin Jeong speaks to Audrey Ho, Investment Counsellor at Citibank Singapore, to ex...

Oil prices have advanced about 8% since the Oct. 7 attack on Israel by Hamas, and that's on concerns that the conflict will drag in other nations including Lebanon, Iran and even the US. The Middle East supplies around a third of the world’s crude. So if the current conflict further escalates, how much higher can oil prices go? Some experts warn prices could even reach US$140 per barrel in a worse...

Is India the new China? Or is it the new US?  India’s stock market is seeing an uptrend, with the market hitting an all-time high valuation of US$3.8 trillion last month. In fact, some say there’s further room to grow for Indian stocks.  So what’s making the country’s stock market so attractive at the moment? Is this a new dawn for Indian stocks?  On Money in the Market, Hongbin Jeong speaks to Pr...

On The Afternoon Update, Hongbin Jeong speaks to Geoff Howie, Market Strategist, SGX, for a market wrap of the week. The discuss how the STI performed in the past week; some of the biggest movers; earnings reports from several REITs; and what to expect for the week ahead.  See omnystudio.com/listener for privacy information.

In the third quarter of 2023, the MSCI ACWI Index, which tracks broad global equity-market performance, was down 3.3%. And that’s as the persistence of recessionary fears alongside surging oil prices and elevated interest rates suppressed investor optimism.  With equities negative for Q3 and US bonds showing higher yields, this could tempt allocators to shift some exposure from equities to bonds....

The predictions for an end to the earnings recession have passed their first test. Several S&P 500 companies have already reported their earnings, and companies in the index are beating Wall Street's expectations. Headline earnings from big banks were also better than expected.  But will the optimism continue? Which companies' results are investors currently eyeing?  On Money in the Market, Ho...

Globally, the first three quarters of 2023 saw a 5% decrease in the number of IPOs and a 32% decline in the amount of capital raised year over year. But despite this, market momentum seems to be building. The quarter witnessed a notable improvement in post-IPO share price performance compared with previous quarters. So what are some trends that are happening in the global IPO market? What should i...

It’s red across the screen in markets as Asia kicks off a new trading session this week. And that’s as traders are concerned Israel’s expected ground offensive against Hamas in Gaza could spark a regional war, embroiling other Middle East Nations, including Iran. Now if that happens, it has the potential of fueling another round of inflation pressures. And it could even tip the global economy in a...

Equity markets drifted lower in September due to higher oil prices, rising Treasury Yields, and a consistently hawkish FED, adding to the seasonal negative technical factors for equities. So how are investors recovering from their losses as the last quarter rolls in? What’s the outlook like for the last quarter? On Money in the Market, Hongbin Jeong speaks to Laurent Lequeu, Head of Portfolio Mana...

Singapore shares began the week in the red, as investors took in news of the Israel-Hamas conflict. While global market reaction remains muted so far following the attack, have markets not fully priced in the risks? Should we expect more volatility on the STI going forward? Who are the biggest gainers and losers following the attack?  On The Afternoon Update, Hongbin Jeong is joined by Candace Li,...

The gains of the US dollar so far have blindsided traders who started the year predicting that the currency would decline as US exceptionalism faded. But now, a gauge of the dollar is seeing its longest run of losses in more than three years. So has the greenback's rally finally come to an end? What about the Japanese yen? It's seeing a continuous decline, so should investors stay away from this c...

Global equities and 10 year US government bonds have both seen a decline in recent weeks. Some experts suggest that equity markets may still face significant headwinds in the near term. Bonds on the other hand may continue to offer good value. Now this begs the question whether this is a good buying opportunity for investors. On Money in the Market, Hongbin Jeong speaks to Steve Brice, Chief Inves...

The bond market is going through a meltdown. In fact, the current rout ranks among the worst asset sell-offs in history. Wall Street veterans warn more pain and volatility are yet to come.  So what’s causing this downturn? Should we be concerned?  On Money in the Market, Hongbin Jeong speaks to Carol Lye, Portfolio Manager & Senior Research Analyst, Brandywine Global Investment Management , to...

After two relatively quiet years, the IPO market is seeing a burst of activity. Sandal company Birkenstock is the latest shoe to drop, but in a tough IPO market. Several companies including Arm, Instacart, and even Klaviyo, which looked like it was going to be the shining star out of this year’s debutants, have seen their share prices slump after their listing.  What’s happening in the IPO market?...

Amid growing macro risks and elevated interest rates, Singapore lenders face the probability of default across mortgages, unsecured retail and SMEs. But amongst our local banks - which bank’s default risk loan profile proves to be a bright spot? And who’s lagging behind? On Money in the Market, Hongbin Jeong speaks to Rena Kwok, Credit Analyst, Asian Financials, Bloomberg Intelligence , to find ou...

On The Afternoon Update, Hongbin Jeong speaks to Geoff Howie, Market Strategist at the SGX, for a market wrap of the week. They take a closer look at how the STI performed in the past week; the biggest movers; Singapore's retail sales data and what that means for the economy; what to expect on Singapore's Q3 GDP next week; as well as whether the MAS will stand pat at its next monetary policy meeti...

The abnormal sense of calm in volatility may have led some investors to see the market lull as an all-clear sign to buy stocks. But that could spell trouble for investors. There are some risks that have been masked by the low volatility. So what should investors be wary of? And how can investors mitigate these market concerns if there’s a sudden spike in volatility in markets? On Money in the Mark...

Over 60 percent of US companies expect ESG backlash to continue or increase over the next two years. That’s according to a recent report by The Conference Board. As anti-ESG backlash and confusion around ratings muddies the waters - how can corporates best navigate? Rachel Kelly speaks to Tim Mohin,  a global Partner and Director with Boston Consulting Group or B-C-G. He is the former CEO of carbo...

October is one of the scariest months for the stock market. The October effect is the perception that stock markets decline during this month.  So seeing how this week has kicked off, will we see another month of losses? Or will markets U-turn and surprise investors to the upside?  On Money in the Market, Hongbin Jeong speaks to Danish Lim, Market Analyst, Phillip Nova , to find out what spooky th...

Ringing in a new era of hope for climate action. That is the weight that hangs above this year’s conference of parties or COP28. COP28 President-Designate, Dr Sultan Al Jaber literally did that in New York as the first COP president to ring the New York Stock Exchange bell to help raise awareness of climate finance in the US business community. Rachel Kelly has the latest in this week's Eco Money....

According to a recent research commissioned by ICAEW as part of their economic update for Q3 2023, Oxford Economists foresee a more apparent slowdown in growth across South-East Asia this quarter, including in Singapore.  So what will this mean for the region? And what’s driving this pessimistic outlook for ASEAN economies?  On Money in the Market, Hongbin Jeong speaks to Dr Arup Raha, ICAEW Econo...

In a dramatic step forward over the weekend, Washington saw last ditch moves to prevent a US government shutdown with Democrats overwhelmingly backing an eleventh-hour Republican measure to keep federal funding going for 45 days. The against-the odds deal to avert a shutdown is now soothing nerves across Wall Street, after a turbulent week of interest-rate spurred market disruptions.  But it looks...

The so-called “higher for longer” mantra is now the official stance of many major central banks. So is the cycle of rate hikes far from the end? What kind of impact will this then have on the global economy? Should you be concerned? On Money in the Market, Hongbin Jeong speaks to Shawn Sng, Credit Research Analyst, Fixed Income at Phillip Securities, a member of PhillipCapital , to find out more....