SINGAPORE STOCKS TO HEAD NORTH NEXT?

Singapore Stocks
Dear readers, over the weekends, we have two somewhat positive developments that may boost global equities. They are none the less:

a) the meeting between the US and China leaders on the sideline of G20 meeting where Donald Trump indicated that he would not impose additional taxes on China; and

b) the symbolic entering of Donald Trump onto North Korea’s soil and meeting between Donald Trump and North Korea leader

I believe investors welcome the two brief meetings especially the more substantial meeting between Donald Trump and Xi Jin Ping which seems more substantive. The two developments may lead to a brief respite for the global equities markets which have experienced uncertainties. However, the real driver of global equities markets ahead would have to be based on real fundamentals.

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