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Week Ahead: US Tech Gains Amid Rising Bets on Interest Rate Cut, but We Remain Cautious.

 




Week Ahead: 11 Aug 2025
US Tech Gains Amid Rising Bets on Interest Rate Cut, but We Remain Cautious. Upcoming US CPI this week could drive markets also. 

Short Term: 
S&P 500 (SPX): The S&P 500 broke above its 6,300 gap resistance, resuming its technical uptrend. However, as our volume-based momentum indicator, FFI, continues to diverge from the index trend, we remain cautious on the of the move. Resistance is at 6,430, with support at 6,200.

Traders adopts a buy-on-dips approach only as long price holds above 6,300. Investors could selectively increase allocations until momentum confirms. 

Hang Seng Index (HSI): Index trades within  23,700 - 25,750 range. FFI indicator is mixed. Technically, we looking out for Demand or Supply signals for guidance on technical direction out of the range.

Traders apply a range-trading approach, long trades near 23,700 support with selling near 25,750 resistance.  Investors add allocation when index breaks decisively out of the current range.

Straits Times Index (STI): STI is consolidating within a trading range (black lines), retesting its 4,275 all-time high resistance. We are monitoring for a decisive breakout to determine the index’s next directional move.

Long Term:
S&P 500 (SPX) Upward Trend
Hang Seng Index (HSI) Upward Trend
Straits Times Index (STI) Uptrend Trend

Headlines Next Week:
SG Corp Earnings: AEM, CapLand Invest, CityDev, Wilmar
US: CPI Jul, Core CPI Jul, PPI Jul, Adv retail sales Jul, Empire Mfg Aug, Ind prod Jul
China: US–China agreement, CPI Jul, PPI Jul, Ind prod Jul, Retail sales Jul
Singapore: Final 2Q GDP y/y

Disclaimers apply

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