3 May 2024 FM 96.3 radio: Eric's Market insights and updates

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大家好，我是辉立证券金融服务经理,胡利辉, Eric Oh.

我们先说美国市场. 2024 年 5 月 1 日，美联储承认通胀仍处于高位，并且预计不会降低当前目标范围（5.25-5.5%），直到对通胀可持续向 2% 迈进更有信心为止。因此，在新数据公布之前，标普500指数可能会在4800点找到支撑。

受中东冲突影响，WTI 油价在 2024 年 4 月 12 日也曾触及 87.6 美元的高点，但此后呈下降趋势，跌至 80 美元以下。

本地市场消息方面，星展银行周四公布第一季度业绩，整体增长超出预期，并表示预计净利润将超过去年创纪录的业绩。

大华银行和华侨银行将于下周公布财报。在我看来, 海峡时报指数将从当前水平上升，但会出现一些波动。投资者在投资前应评估自己的风险能力和投资期限，或寻求财务顾问的建议。

如果听众朋友有什么疑问或需要专业投资服务来帮助您确定股市走向和投资，可以联络我，手机号码 90685256或通过我的Facebook Ericwealthadvisory 与我联系 .

谢谢。

Hi Everyone, I m Eric Oh, Financial Services Manager from Phillip Securities.

On 1 May 2024, the US central bank acknowledged that inflation is still high and does not expect to reduce the current target range (5.25-5.5%) until it has gained greater confidence that inflation is moving sustainably toward 2%. Due to this, S&P500 will likely find support at 4800 level until new data is released.

WTI also touched a high of $87.6 on April 12, 2024 due to the Middle East conflict, but has been on a downward trend since then, falling below $80.

For the local market news, DBS reported on Thursday first-quarter results that trumped expectations with broad-based growth and said it expects net profit to exceed last year's record result.

UOB and OCBC will report earnings next week. In my view, I expect STI to move up from current levels with some volatility. Investors should assess their risk appetite and time horizon or seek advice from a financial advisor before investing as markets will likely remain volatile through the year.

If you have any enquiries or wish to seek professional advice with regards to stock market and investment, kindly contact me at my Facebook Ericwealthadvisory or refer to my social media sites.

If you are my client already, do check your email or whatsapp for update and review or follow my social media presence for market updates.

Thank you and have a great day.

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22 March 2024 Radio FM 96.3: Eric's Market insights and updates

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English translation

Hi Everyone, I m Eric Oh, Financial Services Manager from Phillip Securities.

On Wednesday, we see regional stocks rally after the FED signal it will maintain its stance of 3 interest rate cut this year which is aligned with market expectations.

Powell said the timing of those reductions still depends on officials becoming more secure that inflation will continue to decline towards the Fed's 2% target even as the economy continues to outperform expectations.

The Fed also left interest rates unchanged and released new quarterly economic projections that showed officials now expect the economy to grow 2.1% this year, above what's considered the U.S. economy's long-run potential and a substantial upgrade from the 1.4% growth seen as of December. 

Concurrently, the unemployment rate is only expected to hit 4% by the end of 2024, barely changed from the current 3.9% level.

Another important news this week is when Japan's central bank has raised the cost of borrowing for the first time in 17 years. The Bank of the Japan (BOJ) increased its key interest rate from -0.1% to a range of 0%-0.1%. 

Risk asset may continue to see upside potential but may not be suitable for speculation in the short term as volatility may increase due to sudden, unexpected geopolitics, conflicts or negative news. 

If you have any enquiries or wish to seek professional advice with regards to stock market and investment, kindly contact me at my Facebook Ericwealthadvisory or refer to my social media sites.

If you are my client already, do check your email or whatsapp for market update and review or follow my social media presence for market updates. Thank you and have a great day.

Our Social Media Presence

Blog: https://lnkd.in/eg5msiXY

Website: https://bit.ly/EricWA

Linkedin: https://bit.ly/Lericoh

Youtube: https://bit.ly/YTericoh

Facebook: https://bit.ly/FBericoh

Company URL: https://bit.ly/TTPericoh

Instagram: https://bit.ly/Iericoh

Investingnote: https://bit.ly/ericinvestnote

Make an appointment: https://bit.ly/contactEric

Click to listen to FM96.3 radio Version: https://lnkd.in/gdRNGZRg

Wishing all a healthy, meaningful and prosperous Lunar New Year ahead 2024

Wishing you and family a healthy, meaningful and prosperous Lunar New Year ahead. Btw I be featured on 22 March and 3 May 2024 in FM radio 96.3 for my market insights and review. 

To stay tune, kindly connect with me via following my social media sites below or visit my website at https://bit.ly/EricWA. You can also check your email for market updates and review if you are my client. If you know someone who can benefit from my services, pls let me know. 

Cheers and have a great year ahead!🙏🍍🍍🍍

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Our Social Media Presence

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Website: https://bit.ly/EricWA

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Company URL: https://bit.ly/TTPericoh

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Investingnote: https://bit.ly/ericinvestnote