$DBS(D05.SI)$  should definitely be on the forefront for SG Banks with upcoming Q2 announcements this week. Interesting to see how they fare especially post the recent run in less than 1 month.

The underlying numbers make the comment more credible than a purely sentiment-driven rally. $NVIDIA(NVDA)$   latest quarter produced $96.2bn revenue, +106% YoY, with Data Center at $89.0bn, +117%. $Advanced Micro Devices(AMD)$    Data Center revenue reached $6.7bn, +107% YoY, while $Broadcom(AVGO)$   AI semiconductor revenue hit $16.7bn, +221% YoY, and Broadcom expects $21.7bn in the current quarter. The interesting development this week is that money is already moving beyond the obvious GPU names. On Friday, $Lam Research(LRCX)$ ,$Applied

The US Treasury announced that it will double long-duration bond buybacks to at least US$4 billion per operation from September through early November. The move followed the 30-year Treasury yield reaching nearly 5.34%, its highest in almost two decades. The result: 10-year yield → ~4.65% 30-year yield → ~5.20% S&P 500 → +0.21% Nasdaq → +0.16% Dow → +0.22%. That is meaningful relief, but I would not interpret it as the end of the bond problem. The underlying issues—US fiscal deficits, inflation and enormous AI infrastructure financing requirements—remain unresolved. 🔴 Fed — more hawkish than the market hoped The July Fed minutes were important. They showed that “many” policymakers believe higher rates may ultimately be required if inflation does not continue falling, while three policy

C. 💻 Tech and semiconductors stay strong Brent fell 2.7% to $105.83 after Saudi Arabia began moving more crude through Oman, partially relieving the immediate supply squeeze. Hormuz traffic, however, remains extremely depressed. The post-Fed market is stabilising: global equities rebounded as Treasury yields retreated and Brent eased to $104.82, although both borrowing costs and energy remain restrictive. The important investment message is that the macro shock has eased slightly,e no hard evidence of AI infrastructure demand rolling over. $Broadcom(AVGO)$ just reported perhaps the strongest confirmation: Q3 AI semiconductor revenue was +221% YoY and +54% QoQ, with Q4 AI semiconductor revenue guided to +236% YoY. Q3 FCF was $13.7B, or 46% of r

There is no evidence yet that hyperscaler infrastructure spending is slowing materially. The better investment opportunity continues to move toward the physical AI infrastructure chain: REITs — today’s CPI matters considerably to this sector   Soft CPI → lower Treasury yields → positive REIT catalyst. Hot CPI + Brent approaching $90 → higher yields → negative REIT catalyst.

Its definitely an event worth looking forward to. Join the rally with the expected increase!

The Saudi East–West pipeline is particularly important because it was one of the major routes allowing crude to avoid the disrupted Strait of Hormuz. Its temporary shutdown adds another potential bottleneck at precisely the wrong time. The Houthi advance creates a second problem: Bab el-Mandeb controls access between the Red Sea and Arabian Sea. Reuters describes Iran-aligned Houthi gains as creating a new challenge for global shipping while Hormuz is already destabilised. Energy/refining/nuclear/defence: likely relative winners. Airlines/logistics/chemicals/discretionary/Asian energy importers: losers After sticky CPI and the energy shock, the question is no longer simply whether the Fed changes rates; it is the balance between energy-driven inflation + resilient labour demand + weak

Also good to remind traders the difference in order size as 5hat mistak3 will be very costly!

Markets are focusing on Friday’s US employment report. Softer job creation would reduce the likelihood of another Fed increase and could support bonds, REITs, utilities and growth stocks. However, a very weak report would shift the concern from inflation toward recession and earnings risk. The preferable outcome is moderate employment growth accompanied by easing wage pressure. Earnings The earnings season remains strong overall, but markets are punishing companies whose results do not exceed very high expectations. * AMD: data-centre revenue more than doubled to US$6.72 billion, but its shares fell because investors wanted a larger AI payoff. * SpaceX: reported record revenue, but its shares fell sharply because of concerns over heavy AI capital expenditure, cash burn and whether Starlink