☕️ [Task Coins Giveaway] Daily Market Talk — Tonight’s CPI Decides the Fed’s Next Move

Three Fed officials backed another rate hike on the same day, hours before tonight's CPI. At home, MAS surprised every analyst by holding. Let's dig in 👇

💬 If tonight's CPI runs hot, do you add to rate-sensitive names like S-REITs, or step back?

📊 Quick Recap — What Moved & Why

🇺🇸 US — The Fed Chorus Turns Hawkish Before CPI

🔑 Key Event: New York's Williams said another hike may be appropriate, and Boston's Collins and Richmond's Barkin agreed. Markets price three more hikes. Tonight's September CPI, seen at 3.6%, is the last inflation print before the Oct 27-28 meeting.

@AetherCore : Wednesday's Core CPI will be the main catalyst; I'd rather keep some cash available than chase at current levels.

👀 Other to Watch

• $Dow Jones Industrial Average(.DJI.US) → -0.35%, $S&P 500(.SPX.US) -0.02%, $NASDAQ Composite Index(.IXIC.US) -0.15%, with only energy strong.
• $Goldman Sachs(GS.US) → stock traders made $6.44B, up +72%, and the shares still closed -0.2%. $Citigroup(C.US) -5.6%, $Wells Fargo(WFC.US) -3.1%, $JPMorgan Chase(JPM.US) -0.9%.
• $BlackRock(BLK.US) → cut US equities to neutral and lifted Treasuries, ending almost six years underweight.

@NewUser_zS0M8w : JPMorgan has been the benchmark alongside Goldman, and their results give us an overview of what to expect for the banking sector after the rate hikes.

🇸🇬 Singapore — MAS Surprises With a Pause

🔑 Key Event: MAS held policy steady this morning and trimmed its core inflation forecast to 1.5-2%, though all 10 analysts polled by Reuters had expected tightening. The band still appreciates, so this is a pause, not an easing.

@NewUser_oPJWOU : SG banks look to be consolidating after last week's heavy short selling — a healthy correction, in my opinion.

👀 Other to Watch

• $FTSE Straits Times Index(STI.SG) → about flat near 5,429 after Tuesday's +0.3% close, with $UOB(U11.SG) about +0.4% but $DBS(D05.SG) -0.2% and $OCBC Bank(O39.SG) -0.6%.
• S-REITs → $Lion-phillip S-Reit(CLR.SG) is 0.753, a fresh 52-week low. Rates are why.

@Pingu : I knew S-REITs could keep facing pressure from interest rates and financing costs, but I saw the price decline as a chance to add.

🇭🇰 HK/China — Hang Seng Flat After a V-Shaped Tuesday

🔑 Key Event: $Hang Seng Index(00HSI.HK) oopened lower and is up about +0.4% near 24,435, after Tuesday's +0.30% close with the tech index -0.79%. $XIAOMI-W(01810.HK) is up about +4.7% and $BABA-W(09988.HK) +3.5%, while $TENCENT(00700.HK) is off -0.3%.

🌍 Other to Watch

• 🇰🇷 Korea's KOSPI fell -5.5%, $SK Hynix(SKHY.US) -10% and $Micron Tech(MU.US) -3.6% on CXMT's DRAM progress.
• 🛢️ Oil through Hormuz has collapsed to a fraction of September's flow after 24 ships were hit in two weeks.
• 🪙 Gold touched $4,200 then slipped, while the 10-year Treasury yield eased to about 5.21%.

📅 Upcoming Key Events

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🚫 No duplicates · ⏰ Deadline: Oct 14, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏