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STI
Right Timing
A mild retreat by risk-free rates won’t help equities to rally
With ADX at 13, the STI is likely to remain rangebound. Despite a minor top, 10Y US yields may resume their climb after a pause
September 29, 2023
Right Timing
Equity markets dictated by rising risk-free rates
Straits Times Index to remain rangebound as US risk-free rates continue to rise
September 22, 2023
Right Timing
Straits Times Index’s rebound could approach resistance soon
STI may continue to rally before facing resistance as risk-free rates in the US ease, but dampened by Chinese property defaults
August 31, 2023
Right Timing
Straits Times Index’s rebound continues, but risk-free rates remain elevated
STI could continue rebound to 3,245 but risk-free rates to remain elevated while US S-REITs pummel new lows
August 25, 2023
Right Timing
Singapore and Hong Kong markets under pressure as US risk-free hits 16 year high
Global and Asian markets may remain under pressure as US risk-free rate hits 16 year high
August 18, 2023
Right Timing
As market awaits Fed minutes, no Goldilocks scenario
The Fed is likely to dictate direction as US inflation figures were underwhelming
August 11, 2023
Right Timing
Support for STI appears at 3,230, banks turn into dividend plays
Support for the STI's decline is at 3,230. Among the banks, UOB has approached the mean of its price to book ratio
August 04, 2023
Right Timing
As risk-free rates rebound, the market’s rally could slow
US risk-free rates rebounded off a support area, pressurising equity markets
July 21, 2023
Right Timing
The rally’s legs depend on US risk free rates as STI approaches resistance
The STI's resistance appears at 3,260 and the rally could stall as it moves further
July 14, 2023
Right Timing
Candlestick gives hope but any reprieve is temporary
Selling pressure may persist despite a candlestick suggesting a bounce, as risk-free rates rebound pointing to no summer rally
July 07, 2023