From Moderna's rise in share prices to Asia and Singapore stocks, Market Strategist Louis Teo covered the latest market updates LIVE on MONEY FM 89.3's Market View today. With news of Moderna’s experimental COVID-19 vaccine, the biotech company’s shares rose by 20%. But how sustainable will this rally be? What should you know before buying into its shares?
Louis Teo joined Michelle Martin on MONEY FM 89.3 to give his take on market developments following Moderna’s announcement. He also discussed sustained US-China tech rivalry and how new restrictions on chipmakers will impact Chinese tech giant Huawei.
Fullerton Markets International Limited (FMIL) is committed to providing the highest level of service to its customers. In some instances, and due to regulatory or legal requirements, FMIL is unable to provide services or accept customers from certain countries. Currently FMIL does not accept customer from Iran, Cuba, Sudan, Syria and North Korea.
FMIL subscribes to the rules of FX regulated jurisdictions such as Hong Kong, Singapore, Japan and United Kingdom accordingly, does not accept solicited clients from these countries. This is not an exhaustive list of countries from which FMIL does not accept solicited clients and is updated as required. Customers should familiarise themselves with the FX rules applicable in their country's before deciding to use FMIL's services.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.