Weekly Market Wrap | 18 March 2023
#SVBCollapse #AramcoResults #USInflation
#Topic 1: Silicon Valley Bank Collapse
Silicon Valley Bank, which lends a majority of its money to tech companies, collapsed last week, marking the second largest bank failure in the history of the US.
Why did it happen?
Last Wednesday, Silicon Valley Bank announced that it had sold all of...
Weekly Market Wrap | 11 March 2023
#LIBOR #FebJobReport #ChinaGrowth
Topic #1: LIBOR crosses 5% for the first time since 2007
The 3-month LIBOR (London Interbank Offered Rate) cracked 5% for the first time in 15 years on Monday, on account of the rise in expectations of Fed policy tightening. The LIBOR is a globally accepted benchmark rate...
Weekly Market Wrap | 03 March 2023
Topic #1: Higher rates haven’t been bad for everyone
The US dollar has been on the rise in the past week. In fact, the US Dollar Index (DXY) tracks the performance of the US dollar against a basket of top foreign currencies and has risen by 4% from its low...
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...