SGX -7% on Friday with no announcement behind it is ugly price action even with new 10-share lot rule for DBS, OCBC, UOB, SGX from today. But US +29k jobs crushes October hike odds to 1-in-5 and Nasdaq record close means Fed pivot is real - global risk-on will lift SG after washout.
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.