Rate Of ReturnThe combination of a potential Strait of Hormuz disruption and stronger-than-expected U.S. payrolls creates a challenging backdrop: higher energy costs could fuel inflation while a resilient labour market may reinforce expectations for tighter monetary policy. For Singapore investors, the key question is whether the oil shock proves temporary or persistent.
☕️ [Task Coins Giveaway] Daily Market Talk — Iran Closes Strait of Hormuz
IRGC closed the Strait of Hormuz and fired on ships. S&P 500 fell 2.6% Friday on the NFP beat. Apple WWDC opens tomorrow. SpaceX lists Friday.
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