A long waited correction started on US. 4% down fall from DOW Jones on single week has been hardly seen since Trump took president office. US 10 years bond is viewed as one of the safe heaven for capital market. Yield hike in bond market could translate to some worries among bondholders which has spread over to stock market last week. Last night most of the job data in US outperform forecast, thus this round of downfall might not be long lasting. Let's be patient for some bargain hunting on coming weeks.
Market Calendar on coming week:
(SG: Singapore; CH: China; US: USA).
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