Market View: Expectations for the Federal Reserve, BoJ and BoE ahead of rate decisions; Asian markets down on China’s retail sales slowdown; South Korean’s market after lawmakers impeached President Yoon Suk Yeol; Outlook for Euro and Europe given uncerta

Money Matters with Hongbin Jeong and Chua Tian Tian

Singapore shares opened slightly higher today, in line with the narrow ranges that Asian equities traded ahead of a swath of Chinese data.

In early trade, the Straits Times Index (STI) edged up 0.1 per cent to 3,815.25 points after 71.4 million securities changed hands in the broader market.

In terms of companies to watch, we have UOB, given how the firm’s head of group corporate banking Leong Yung Chee will replace chief financial officer (CFO) Lee Wai Fai as CFO in April next year.

Elsewhere, from equity movements in Seoul after South Korean lawmakers impeached President Yoon Suk Yeol, to more uncertainties in Germany after how German Chancellor Olaf Scholtz called for a confidence vote, more international headlines remain in focus.

Also on deck, what to expect ahead of interest rate decisions by the US Federal Reserve and the Bank of Japan.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.

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