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Week Ahead

 



Thoughts on Week Ahead:
Week 19 Feb 2024

Chinese markets reopen after a promising holiday season, fueling investor optimism about economic recovery. Meanwhile, US markets take a pause on Monday for President's Day. 

Key events to watch include Nvidia's earnings report, offering insights into AI demand, and the US FOMC minutes revealing the central bank's rate policy outlook. 

Technically, the S&P 500 seeks direction around 5,000, while the STI tests resistance near 3,200. 

As of now, nil trade set up has been uncovered, and will keep everyone posted. 

Headlines for the week:
- Corp Earnings (Etsy, NVIDIA, Moderna, and Berkshire Hathaway, UOB, SIA, Wilmar, Genting SP, Home Depot, Walmart,)
- US FOMC minutes, 
- China key rates fixing, Market Re-opens, 
- SG Jan CPI

Disclaimers apply


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