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Sep 7 at 04:21 AM
The August non-farm payrolls released last week increased by 162k, roughly triple the consensus estimate of 56k, marking the strongest performance since March.
This has pushed the probability of a September rate hike to 60.3%. A pullback in the early trading session is anticipated.
The Singapore stock market opened lower on Monday, but should stabilize as the three major banks find footing, facilitating a smooth transition for the Straits Times Index.
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