Webcast with SocGen 20181008 | Isaac Fang

Webcast with SocGen 20181008

Legacy Planning in Singapore
October 7, 2018
Financial Planning. Ethics, Science & Craft.
October 21, 2018
Show all

Webcast with SocGen 20181008

https://dlc.socgen.com/en/webcast-inside.php?id=41

Summary of Main Points:

  1. Last Friday data released, US unemployment rate is down. However NFP missed estimates which sapped a bit of USD strength.
  2. One more rate hike for the year, the expectation is still there on the balance of probabilities.
  3. PBOC announcement on Sunday (yesterday) is a supportive move.
  4. The event is one thing but how the market react is another, it may be signalling some liquidity issues to warrant such a move.
  5. Expectation for SIMSCI to re-test Sept lows, re-testing of support levels is not uncommon in technical analysis.
Please follow and like us:
error

Enjoy this blog? Please spread the word :)

WhatsApp
%d bloggers like this: