STI has been range bouncing for longest period for year to date. Immediate support 3189 and resistance 3267. Movement is within 5%. Coming quarter result shall decide its next movement channel. Investor could buy into STI ETF to ride on the trend.
Market Calendar on coming week:
In the week ahead, investor will be closely watching the Fed Yellen testimony before Congress, inflation and industrial production in US. G20 summit is taking place in Hamburg, Germany this weekend. In Singapore, listed companies is going to release respective Q2 earning report.
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan).
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