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Singapore REITs outlook cloudy as rate hike looms following Trump triumph

Jude Chan
Jude Chan11/16/2016 11:54 AM GMT+08  • 3 min read
Singapore REITs outlook cloudy as rate hike looms following Trump triumph
SINGAPORE (Nov 16): Dark clouds are gathering for Singapore real estate investments trusts (REITs). And a storm could hit as early as December.
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SINGAPORE (Nov 16): Dark clouds are gathering for Singapore real estate investments trusts (REITs). And a storm could hit as early as December.

Following Donald Trump’s victory in the US presidential election, the probability of a US Fed rate hike in mid-Dec has surged to 92%, based on the Fed funds futures rate.

The probability of a rate hike was 11.8% at the start of July, according to OCBC Investment Research lead analyst Andy Wong Teck Ching in a Tuesday report.

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