Consensus expects the ECB to make a decision on whether to extend or wind-down asset purchases in 2018 at its policy meeting this Tursday. The US Federal is expected to leave rates unchanged at 1.25% in the Sept 20 FOMC meeting.
SINGAPORE (Sept 6): DBS expects August’s market choppiness to continue into September over uncertainty policy actions over central banks, the risk of escalating geopolitical tensions in the Korean peninsula plus a lacklustre 2Q results season.
“Near-term resistance for the Straits Times Index is around 3,320 with downside risk to 3,210 technical support. Below this, base support is at 3,100,” says the research house in a Wednesday report.
