What happened?
In this week’s Weekly Market Review in partnership with Securities Investors Association Singapore (SIAS), we discuss key developments in the global equity market alongside Keppel DC REIT and Digital Core REIT. Watch the video to learn more about what we are looking out for this week.
Weekly Market Review
1:55 – Macro Update
The S&P 500 rose 3.4% and the NASDAQ gained 4.2% last week, both reaching new all-time highs, led by Nvidia.Market optimism was driven by easing Middle East tensions, hopes for trade deals, and cooling inflation.Investors now expect three Fed rate cuts this year—in September, October, and December—up from two previously.US bond yields fell, with the 10-year dropping to 4.25% and the 1-year below 4%; Singapore’s 10-year yield also continued its decline.Lower bond yields boosted REITs and SGX, which jumped 7.1% on IPO pipeline news and STI nearing all-time highs.Some earlier outperformers like ST…
