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Week Ahead: Market Watching Additional Tariffs and Potential Countermeasures

 


Week Ahead: 3 March 2025

• Additional Tariffs: New tariffs are set to take effect this week. Investors will closely monitor any potential expansion of tariffs to other countries and the corresponding market reactions.
• Geopolitical Developments: While the fallout from the Trump-Zelenskyy deal remains a key topic, it is not expected to have a material impact on the markets at this time.
• NASDAQ Comp Index Technicals: The index briefly broke below its trading range and the key 30-week moving average before rebounding. We will be closely watching price action and weekly closes for signs of continued weakness or a potential recovery. CNN’s Fear and Greed Index hits Extreme Fear, US markets could see short term rebound. 

Medium Term:
S&P 500 (SPX): The index rebounded off the 5,832 support level and could see further upside, potentially retesting the 6,000–6,100 zone. We are monitoring price action within the 5,832–5,970 range for directional confirmation.

Straits Times Index (STI): The technical trend remains bullish. We maintain a constructive outlook while staying vigilant for any signs of selling pressure.

Hang Seng Index (HSI): The China A50 Index (grey line) continues its upward trend, while the Hang Seng Index (candlestick chart) remains in consolidation. We are monitoring technical signals to assess whether this is a short-term pause or the start of a longer-term reversal.

Long Term:
S&P 500 (SPX) trend remains upward
Hang Seng Index (HSI) trend remains upward
Straits Times Index (STI) trend neutral to upward trend.

Headlines Next Week:
- US Tariffs on China, Canada & Mexico begins, FED officials speaks, ISM Mfg & Svr 
- China Annual Two Sessions, PMI
- SG SIPMM PMI, Retail Sales

Disclaimers apply

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