UOBKH Trading Ideas

Will the Trump's Verdict affect his standing in the race? 🤔 Join Paul DeVierno for an in-depth analysis of the most recent election polls. Learn more about the shifts in public opinion and the complexities of verdict perception, which provide a closer look into the Trump and Biden race. Watch now to learn why Paul believes Trump will win the race! 🌍🗳️ Click the link to watch: https://fb.watch/sxh9OM_Psq/ Follow us on Facebook: UTRADE Singapore

🌍 Overnight News That Moved The Market 📊 ⚙️ Nvidia overtakes Apple as No. 2 most valuable company 🛒 Walmart offers bonus program to about 700,000 hourly US store workers 🇨🇳 China's robust services activity drives up employment, Caixin PMI shows 📉 Fed to cut rates twice this year, starting Sept; but one or none still a risk: Reuters poll (Source: Reuters)

Is the U.S. heading towards a Severe Recession given that Rate Cuts are Coming? 💰📉 Join Paul DeVierno to explore if the U.S. is facing a severe recession as the Fed prepares to cut rates. What does this mean for investors? Watch to find out! 📊 Click the link to watch: https://www.facebook.com/share/v/cYhep8DpCS5qTNgN/ Follow us on Facebook: UTRADE Singapore

🌍 Overnight News That Moved The Market 📊 🚗 Tesla's China-made EV sales extend decline in May amid output cut 💰 Apollo Global to provide $11 bln to Intel for Ireland facility ⚙️ Chinese AI chip firms downgrading designs to secure TSMC production, sources say 🇨🇳 China gives first approvals for public trials of advanced autonomous driving (Source: Reuters)

Morning with UOB Kay Hian: 🧤 Buy Riverstone Holdings Recommendation ✔️ Buy Riverstone at S$0.905-0.910. Stop at S$0.870 and profit target at S$1.000 ✔️ Price is trading above the cloud, keeping the uptrend intact ✔️ Conversion and base lines remain in a bullish crossover ✔️ MACD is strong and bullish and a bullish crossover is likely

🎙 Analyst Week 2H24 Join us for an engaging series of three sessions on 10, 11, and 15 July. Gain valuable market insights for the second half of 2024! Session 1 - SG Market Outlook (Hybrid Event in collaboration with SGX) 🗓 10 Jul 2024 (Wed) 🕕 6.00pm – 9.00pm 📍 SGX Auditorium* - Register 💻 Online Webinar (Starts 7pm) - Register *Address: SGX Auditorium, Level 2, SGX Centre 1, 2 Shenton Way, Singapore 068804 ➡️ View full programme Session 2 - SG Aviation & US Market Outlook 🗓 11 Jul 2024 (Thu) 🕕 6.30pm – 8.00pm 💻 Online Webinar - Register Session 3 - SG Banks & HK Market Outlook 🗓 15 Jul 2024 (Mon) 🕕 6.30pm – 8.00pm 💻 Online Webinar - Register

🌍 Overnight News That Moved The Market 📊 ⚙️ AMD launches new AI chips to take on leader Nvidia ☁️ Microsoft to lay off hundreds at Azure cloud unit, Business Insider reports 💹 China's manufacturing surges, Caixin PMI shows, but global risks grow 🏭 US factory activity, construction spending both fall (Source: Reuters)

🌍 Overnight News That Moved The Market 📊 💻 Nvidia says its next-generation AI chip platform to be rolled out in 2026 📱 Meta's Facebook says it is attracting most young adults in 3 years 🏭 China's factory activity unexpectedly dips as property pain persists 🇺🇸 US inflation up moderately in April, consumer spending weakens (Source: Reuters)

Morning with UOB Kay Hian: 🇭🇰 Buy Hongkong Land Holdings Recommendation ✔️ Buy Hongkong Land Holdings at US$3.36-3.37. Stop at US$3.26 and profit target at US$3.70 ✔️ Price is trading far above the cloud, keeping the strong uptrend intact ✔️ Conversion and base lines remain in a bullish crossover ✔️ MACD is still strong and bullish

👩🏻‍💻 UPCOMING WEBINAR CIO Series: Tactics for the Second Half of 2024 📅 Date & Time: 11 June (Tue), 6.30pm 👉 Register now: https://bit.ly/4aIlWae With the first half of 2024 wrapping up, it's time to prepare for the rest of the year. Join CIO Qi Wang in our next CIO Series webinar to discuss China's recovery, potential Fed rate cuts in September, and the November US election's effects on global markets. Greater China 2H24 Strategy - Further Re-rating on Policy Clarity 📅 Date & Time: 13 June (Thu), 6.30pm 👉 Register now: https://bit.ly/3yESc0H MSCI China index may hit 11.5x by 3Q24 (index target of 70 pts), driven by clearer policies. The July 3rd Plenum may support property and local government debt. Geopolitical risks could rise before the US elections, making 3Q24 a potential peak despite a positive 2025 outlook. Preferred sectors are consumer discretionary, financials, industrials, IT, and materials. Join Mun Hon's 2H24 Greater China Strategy webinar for insights.