Weekly Market Wrap | 24 February 2023

Topic #1: Has faith in China’s recovery dwindled? The Hang Seng Index is now down 10.06% since its high in January. Some believe the market decline is due to growing geopolitical concerns and doubts over the strength of China's economy. Investors are also seeking more evidence that the economy's recovery...

What Happens When Bond Yields Rise And How Does It Affect You?

How will interest rate changes impact Syfe Cash+?

Weekly Market Wrap | 17 February 2023

Topic #1: Sticky Inflation in the US & UK Latest US inflation data out on Tuesday has disappointed investors, as prices continued to rise in January by 6.4% annually. This marked the seventh consecutive month of price increases, with only a slight cooling from December's 6.5% pace. The "core" measure...

Budget 2023 – a love letter to Singaporeans? 3 takeaways for your personal finances

Earlier this week, on 14th February, Deputy Prime Minister and Minister for Finance Mr Lawrence Wong delivered Singapore’s FY2023 Budget Statement - covering the Government’s strategy for the post-pandemic world and addressing concerns for businesses, workers, and households. With the theme “Moving Forward in a New Era”, Wong announced...

Weekly Market Wrap | 10 February 2023

Topic #1: Cautious Optimism Current fear-greed index in the past week is at a high since the start of 2023. Yet, inflation is not as simple as it appears and thinking that it will swiftly return to normal levels is a perilous misconception. Despite starting to decrease from its all-time...

Weekly Market Wrap | 3 February 2023

Topic #1: Fed’s Interest Rate Hike Battle In this week's market update, the Federal Reserve (the Fed) increased the benchmark interest rates by 0.25 percentage points, bringing it to 4.5%-4.75%. This move was widely expected and is part of the Fed's commitment to maintaining transparency and stability in the markets....

Bracing for uncertainty? Key trends to lookout for in 2023

Table of contents 2023 Market Outlook High & Falling Inflation The Fed Policy Recession Forecast What this means for your investment strategy 2023 Market Outlook As we move into 2023, investor hopes have been bolstered for the year with latest inflation numbers coming in below expectations for two consecutive months, signalling that the end to the...

Weekly Market Wrap | 27 January 2023

Topic #1: China’s Lunar New Year Rebound Data out on Wednesday showed that Chinese families celebrated the Lunar New Year in high style. What does this mean? While the lifting of Covid restrictions alone will not immediately revive China's economy, recent indicators suggest that the country is beginning to recover. For example,...

Weekly Market Wrap | 20 January 2023

In the past week, pessimism (i.e. bearishness) among individual investors about the short-term direction of the stock market slipped last week to its lowest level in 10 weeks. Neutral sentiment also pulled back, while optimism (bullishness) has rebounded. So, with positive investors sentiments picking up, here are this week’s...

Weekly Market Wrap | 13 January 2023

Topic #1: US Inflation in line with expectations What happened The latest data indicates that inflation in the United States decelerated in December, as the Consumer Price Index (CPI) recorded a 6.5% increase compared to the previous year. Notably, this marks the sixth consecutive month of decline in inflation. Furthermore, the...