For subscribers
Market Watch
Markets continue climbing, but with wary eye on economic and geopolitical developments
Sign up now: Get ST's newsletters delivered to your inbox
The current market expectation for a 25-basis-point Fed interest rate cut at the Nov 7 rate-setting Federal Open Markets Commitee meeting is running at 90 per cent.
PHOTO: REUTERS
Follow topic:
SINGAPORE - After a strong performance during the first nine months of the year, investors appear to be taking a wait-and-see attitude amid increasingly uncertain geopolitical events and as details of China’s fiscal stimulus
That said, markets have generally held up well, with Wall Street’s three marquee indexes clawing their way to new record highs.