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Phillip Capital Morning Note

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Publish date: Tue, 02 Oct 2018, 09:19 AM
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Trader news and research articles

Crude Oil jumped to the highest level in nearly four years as a slowdown in American drilling added to concern over supply losses from Iran and Venezuela.

President Donald Trump celebrated a trade deal with Canada and Mexico to replace Nafta as a “historic” win that vindicated his strategy of threatening tariffs on trade partners. Trump called the accord “the most important trade deal we’ve ever made by far.”

Phillip Capital offers new ETF for income investors. A new exchange traded fund will be listed here on Oct 29, offering investors instant exposure to a basket of 30 Singapore stocks that have been selected for business quality and sustainable dividends.

The Variable Capital Companies Bill, approved by Parliament on Monday, aims to boost the fund management ecosystem by encouraging funds to both incorporate and operate in Singapore.

Singapore home prices flatten in Q3 as curbs arrest gains. The July cooling measures are starting to show in the moderation in the pace of the QoQ increase of the official private home price index: Growth was 0.5 per cent in the third quarter.

Source: CNBC, Bloomberg, Reuters, Business Times, Phillip Securities Research

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