Rate cut by 50 basis points, but sg stocks seems unaffected
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Be discipline, have patience and stay calm.
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Deep Sea : Now is still early. Wait for the funds and big players to digest the big rate cut news. The short sellers will feel the impact. Expect them to cover their shorts
104216943 : Because banks in Singapore have already lowered interest rates a few months ago. The impact has already been balanced.
Deep Sea 104216943 : Wrong. The commercial loan rate is currently above 5%.
Deep Sea 104216943 : My brother works as financial controller and he said the commercial loan rate is still above 5%.
Deep Sea : Nikkei is up 700 points.