September PPI a full point above forecast and two big banks changing rate calls confirms October hike is now base case after hot CPI yesterday - same chorus as three Fed officials warning. US 10Y 5.35% to 6%. At home September exports double forecast is huge, MAS holding while exports boom lifts STI + SGD, perfect decoupling from US hawkishness.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.