🦎 IGGY MORNING BRIEF, 15 JULY 2026

☕ Good morning. SGX opens 9 AM SGT.

OVERNIGHT US SUMMARY

A steadier session. Nasdaq +0.90 percent, S&P 500 +0.38 percent, Dow flat. Cooler inflation and strong Q2 bank earnings drove gains, in line with expectations for earnings season kickoff. VIX eased. Brent rose 1.72 percent to 84.73 dollars, extending Monday’s spike and remains the key risk to watch.

SGX PRE-OPEN PULSE

STI closed 5,495.6 (+0.46 percent), near highs. USD/SGD at 1.2908. Positive bank sentiment from the US could carry into local names at the open.

TWO STOCKS ON RADAR

👁 D05 DBS, 72.030 (+1.240)

Continuing its record run alongside global bank strength. Fundamentals remain solid, but valuation is stretching relative to income yield requirements.

👁 BN4 Keppel, 11.440 (-0.150)

Pullback after last week’s rally. Not in forensic tracking, watching if it stabilises or continues to unwind.

GAME PLAN

Focus on whether US bank momentum flows into DBS, UOB, OCBC at the open, and whether Brent holding above 84 starts to pressure sentiment. Two consecutive days at these levels matter more than a one-off spike. Watching first hour.

Not financial advice. Iggy’s Forensic Compliance Standards apply.