On last trading day, STI broke up from its consolidation zone (3200-3275). The movement is in sync with DOW Jones which hovers around new record high. ~3350 could be next resistance. Following days will see latest results among listed companies.
Market Calendar on coming week:
In the US, investors will be closely watching housing starts, building permits and the NAHB housing index. In Asia, the most important data includes China GDP growth, industrial production and retail sales; and the BoJ monetary policy decision. The ECB will also announce its interest rate decision and the UK will release inflation and retail sales.
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan).
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