Global markets on course to end the week strong
- US stocks rise after dipping briefly following Powell’s remarks about shrinking the Fed’s balance sheet.
- After a decade-long boom, Europe’s automaking wheels are coming off as demand is fizzling on industry and economic headwinds.
- PBOC is expected to further cut required reserve ratio, curbing borrowing costs.
- Oil extends its longest winning streak in almost a decade as outlook brightens.
- Pound options show traders positioning for delay to Brexit date.
- Click here to read our latest 1Q19 Asset Allocation report.
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- Gentler USD uptrend amid optimism.
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Singapore Stock Pulse
- Upside expected for Oxley Holdings from potential hotel sales.
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Regional Morning Pack
- India Information Technology: Reasonable valuations compel Overweight stance.
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