Money in the Market: Will potential rate cuts next year affect Singapore bank’s performance?

from The Afternoon Update with Lynlee Foo · host MONEY FM 89.3

Last Friday, US equities surged in anticipation of critical signals from the Federal Reserve's last meeting of 2023, which hinted at probable interest rate declines. What main factors should investors be wary of? And who are the key market movers shaping the week ahead? On Money in the Market, Willie Keng speaks to Thilan Wickramasinghe, Head of Research at Maybank Securities, about the market's status for this week. Highlights: 1. What do you think is affecting Singapore bank shares’ year-to-date performance? - 3:01 2. How has Singapore’s banks in the latest 3Q2023 fared? - 4:15 3. Do you think Singapore’s banks will be affected by the potential rate cuts coming in 2024? - 5:11 4. What opportunities we are seeing in the different sectors? - 6:32 5. What are some of the risks investors should look out for? - 8:36See omnystudio.com/listener for privacy information.