Outlook for the week
Key economic releases for the week
Last Week Summary
Widespread volatility across equity and bond markets as last week’s sell off continues. Despite a modest recovery on Monday, US equity indexes all plunged for the week. US Treasury yields continued their ascend, with the 10yr yield climbing to 1.566% on Thursday after Jerome Powell’s dovish comments on current yield curve management. Meanwhile Saudi Arabia and OPEC+ members reign on keeping oil supply in check, sparking a spike in oil futures to just below $65/barrel.
New issue pipeline builds up as issuers hold off in light of heightened market volatility with 3 new mandates outstanding.
Timothy covers credit analysis of local and foreign bonds. Previously an equity dealer, he handled equity trade execution and portfolio management. He has presented seminars for organisations such as SIAS, SPH and IRAS, commentated live market updates for 93.8FM, and authored investment articles for the Business Times newspaper. He graduated with a Bachelor of Commerce in Accounting & Finance from the University of Western Australia.