Saturday, September 3, 2016

Sep[2] - Market Updates

Singapore:
STI ended last week amid worries of potential rate hike in coming Fed meeting. Last trading day the index breaking down support 2809 following plummeting of SingTel and Starhub. Immediate support is ~ 2700. Investor could accumulate STI ETF shall STI approaching 2700. OPEC Russia meeting and FOMC shall be major market theme on September.

Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA)

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