This week, local investors in Singapore will focus on the company's financial results and the results of the Car Ownership Certificate (COE) auction.。And globally, important economic signals from the Federal Reserve, the Bank of England and the Bank of Japan will be key indicators of market interest。

This week's focus on SGX companies

On Wednesday, rubber glove maker Top Glove Corporation Bhd will report its second quarter financial results (2QFY2024)。The market expects that the company's potential losses may continue until the end of 2025 due to the existence of massive excess capacity that needs to be reduced to improve utilization.。

In addition, investors should be aware of several ex-dividend and ex-rights days this week。Asian Pay Television Trust to Ex-Dividend on Wednesday at 0 per share.S $00525, fiscal year ended 31 Dec 2023。

Ex-dividend dates for Jardine Matheson, Mandarin Oriental International, Hongkong Land and DFI Retail Group are all scheduled for Thursday。

No Signboard, which is currently on a two-year stock trading suspension, will undergo a 6-to-1 stock merger with an effective date of March 22, and the combined shares will resume trading on the Singapore GEM on March 20.。

Singapore COE Open Bid

The open bidding for Singapore's Certificate of Entitlement (COE) will be held from Wednesday to Friday, covering categories A (mainstream vehicles), B (high-end vehicles) and E (excluding motorcycles)。

Previously, in the first bid in March 2024, COE prices rose in all categories except Class B, with Class A rising most significantly, increasing by 8.1%。

Global Economic Signals and Central Bank Decisions

On Tuesday, Japanese investors will be keeping a close eye on the latest developments in the Bank of Japan's (BOJ) policy balance rate and 10-year yield target, followed by year-on-year industrial output and capacity utilization figures.。

In China, officials will disclose benchmark interest rates for five-year and one-year loans on Wednesday, which will affect consumer spending and investment decisions.。

Thursday will be an important moment for the United States, with the announcement of the Federal Open Market Committee (FOMC) interest rate decision, reserve interest rate, current account balance, initial jobless claims and continuing unemployment claims expected to have a profound impact on various industries and investor sentiment.。

The Bank of England will also announce its interest rate decision on Thursday, affecting borrowing costs and investment decisions.。

Meanwhile, the ECB will provide insights on monetary policy or the economic outlook through the ECB's Nagel spokesman from Thursday to Friday.。

In addition, the Reserve Bank of Australia (RBA) will announce its cash rate target on Tuesday and the RBA COO Woods-Panel engagement event on Thursday, which will affect borrowing costs and overall economic activity, thereby affecting interest rates and currency exchange rates.。The RBA Financial Stability Report, released on Friday, will provide insights into the stability of the financial system, influencing banking and investment decisions.。

Inflation and consumption trends

Indonesia's benchmark interest rate announcement on Wednesday will affect economic activity by influencing borrowing costs and investment decisions.。

The publication of Wednesday's UK CPI year-on-year data, core CPI year-on-year data, services CPI year-on-year data and HICP year-on-year data will provide investors with insights into consumer price inflation trends, while Thursday's public finance and public sector net borrowing data will reflect the government's fiscal health, affecting bond markets and currencies.。

On Friday, the release of South Korea's producer price index (PPI) year-on-year data will reveal producer-level inflation, which could affect consumer prices and corporate profits.。Also on Friday, the release of Japan's national consumer price index (CPI) year-on-year data will allow investors to further assess inflation trends and purchasing power。