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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: Asia stocks on a high, but could potential US interest rate cuts derail the momentum?
Description: Singapore stocks opened higher this morning, despite Asian markets trading mixed as investors await the outcome of the US Federal Reserve’s two-day meeting, where it is expected to cut interest rates. The Benchmarket STI closed lower -0.3% at 4,323 points The Asian benchmark this week also surpassed its previous all-time high set in early 2021, helped by a weaker dollar and a strong AI outlook. While analysts say current forecasts are too optimistic, many are also cautious about the impact of US President Donald Trump’s tariff hikes. What are the risks inves...