{"id":92606,"date":"2026-07-22T08:00:22","date_gmt":"2026-07-22T00:00:22","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=92606"},"modified":"2026-07-22T08:27:50","modified_gmt":"2026-07-22T00:27:50","slug":"weekly-securities-newsletter-22-july-2026","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/weekly-securities-newsletter-22-july-2026\/","title":{"rendered":"Weekly Securities Newsletter: 22 July 2026"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"92606\" class=\"elementor elementor-92606\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-796300cb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"796300cb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2949b35f\" data-id=\"2949b35f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-27cf6c8c elementor-widget elementor-widget-heading\" data-id=\"27cf6c8c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">WEEKLY SECURITIES NEWSLETTER<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-676e5e19 elementor-widget elementor-widget-heading\" data-id=\"676e5e19\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"top\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Weekly Securities Newsletter: 22 July 2026<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79519aad elementor-widget elementor-widget-text-editor\" data-id=\"79519aad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p style=\"font-family: Montserrat; font-size: 13px; font-weight: 600; background: #e8f4ff; padding: 12px 18px; margin-top: 16px;\"><span style=\"color: #15a4ff;\"><a href=\"#chart\">CHART OF THE WEEK<\/a><\/span> &nbsp;|&nbsp; <span style=\"color: #15a4ff;\"><a href=\"#mr\">MARKET RECAP<\/a><\/span> &nbsp;|&nbsp; <span style=\"color: #15a4ff;\"><a href=\"#wt\">WHAT&#8217;S TRENDING<\/a><\/span> &nbsp;|&nbsp; <span style=\"color: #15a4ff;\"><a href=\"#if\">IN FOCUS<\/a><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-49f8bc2d e-flex e-con-boxed e-con e-parent\" data-id=\"49f8bc2d\" data-element_type=\"container\" data-e-type=\"container\" id=\"chart\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-6b08c780 e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"6b08c780\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInUp&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-1041168 e-con-full e-flex e-con e-child\" data-id=\"1041168\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-692b922a elementor-widget elementor-widget-heading\" data-id=\"692b922a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">CHART OF THE WEEK<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79a4a440 elementor-widget elementor-widget-heading\" data-id=\"79a4a440\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">US CPI Eases on Oil, Focus on Core Inflation Slowdown<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-64c83ff7 elementor-widget elementor-widget-text-editor\" data-id=\"64c83ff7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>U.S. June CPI fell 0.4% MoM, the largest monthly decline since April 2020, driven by lower energy prices. Annual CPI slowed from 4.2% to 3.5%. Despite the World Cup boosting demand, core CPI excluding housing also eased, with YoY growth down to 2.6%. Housing inflation moderated, while auto insurance, apparel, healthcare, and used car prices all declined. Both headline and core CPI came in below expectations, signaling broad cooling of inflationary pressures in June. However, the sharp disinflation may prove temporary.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2470cf3a e-flex e-con-boxed e-con e-parent\" data-id=\"2470cf3a\" data-element_type=\"container\" data-e-type=\"container\" id=\"mr\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-4241bcf4 e-con-full e-flex e-con e-child\" data-id=\"4241bcf4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1d6f5bca elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"1d6f5bca\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Market Recap<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4fab274e e-flex e-con-boxed e-con e-parent\" data-id=\"4fab274e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-2eb35c3d e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"2eb35c3d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInLeft&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-b4cb945 e-con-full e-flex e-con e-child\" data-id=\"b4cb945\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7faf9ce0 elementor-widget elementor-widget-heading\" data-id=\"7faf9ce0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">MARKET RECAP 1<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-123effa9 elementor-widget elementor-widget-heading\" data-id=\"123effa9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Semiconductor Selloff Persists, Investors Shift to Undervalued Stocks<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c377fbf elementor-widget elementor-widget-text-editor\" data-id=\"4c377fbf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>U.S. President Trump briefly announced a 20% fee on ships passing through the Strait of Hormuz, later rescinded, reigniting geopolitical risk concerns. In South Korea, a central bank rate hike and strong sales of leveraged equity products raised risks of deleveraging and liquidity tightening, leading to another market circuit breaker. Semiconductor stocks faced profit-taking pressure, while the Dow Jones Industrial Average showed relative resilience, highlighting that current market stress is concentrated in semiconductors and reflects ongoing sector rotation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8243a38 e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"8243a38\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInRight&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-0e62ed4 e-con-full e-flex e-con e-child\" data-id=\"0e62ed4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-20d6b52f elementor-widget elementor-widget-heading\" data-id=\"20d6b52f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">MARKET RECAP 2<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5eafb8a4 elementor-widget elementor-widget-heading\" data-id=\"5eafb8a4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Fed Chair\u2019s Testimony and Data Jolt Bonds, U.S.\u2013Iran Tensions Lift Oil Prices<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-75aa0526 elementor-widget elementor-widget-text-editor\" data-id=\"75aa0526\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>U.S. nonfarm payrolls increased by 57,000 in June, below market expectations of 113,000 but still above the 12-month average. The labor market showed no meaningful deterioration and remained broadly stable. The softer-than-expected employment data modestly eased concerns that the Fed could begin raising rates earlier than expected. Interest rate futures now point to October, rather than September, as the likely timing for the first rate hike. On a weekly basis, bond prices were relatively weak.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-227fc786 e-flex e-con-boxed e-con e-parent\" data-id=\"227fc786\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-52472515 elementor-widget elementor-widget-heading\" data-id=\"52472515\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\"><a href=\"#top\">^ Back to Top<\/a><\/p>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-22ea739c e-flex e-con-boxed e-con e-parent\" data-id=\"22ea739c\" data-element_type=\"container\" data-e-type=\"container\" id=\"wt\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-e6d6c50 e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"e6d6c50\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInUp&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-394c7515 elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"394c7515\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">WHAT'S TRENDING<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-75784afc elementor-widget elementor-widget-text-editor\" data-id=\"75784afc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 20px 32px;\"><p><span style=\"color: #0d2a5e; font-family: Montserrat; font-size: 22px; font-weight: 600;\">SpaceX Urgent Capital Needs, Large-Scale Financing Likely<br \/><\/span><\/p><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; line-height: 1.7; margin: 0;\">SpaceX\u2019s core businesses span rocket launches, satellite communications, and artificial intelligence. While rockets and satellites dominate current revenue, AI is positioned as the long\u2011term growth engine, making computing power critical. To achieve ambitious milestones and tackle complex engineering challenges, the company faces exceptionally high capital needs.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3b7817f2 e-flex e-con-boxed e-con e-parent\" data-id=\"3b7817f2\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-46e0f942 elementor-widget elementor-widget-heading\" data-id=\"46e0f942\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\"><a href=\"#top\">^ Back to Top<\/a><\/p>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-46eb91e2 e-flex e-con-boxed e-con e-parent\" data-id=\"46eb91e2\" data-element_type=\"container\" data-e-type=\"container\" id=\"if\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-ba10b1 e-con-full e-flex e-con e-child\" data-id=\"ba10b1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-77adc379 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"77adc379\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">In Focus<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-27b31edb e-flex e-con-boxed e-con e-parent\" data-id=\"27b31edb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-4de98680 e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"4de98680\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInLeft&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-39ab8fa e-con-full e-flex e-con e-child\" data-id=\"39ab8fa\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5eb7fb38 elementor-widget elementor-widget-heading\" data-id=\"5eb7fb38\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">IN FOCUS 1<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c49876d elementor-widget elementor-widget-heading\" data-id=\"5c49876d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Central Bank Rates Stay Higher for Longer, Quality Bonds Offer More Yield<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3520bbe9 elementor-widget elementor-widget-text-editor\" data-id=\"3520bbe9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Resilient U.S. labor data and sticky core PCE inflation kept the Fed hawkish at the June FOMC, while massive AI infrastructure and data\u2011center investment bolstered productivity and economic fundamentals. This pushed real rates and Treasury yields to year\u2011to\u2011date highs. Major central banks in Europe, the UK, Japan, and Australia also maintained hawkish stances, reinforcing global rate\u2011hike expectations and triggering broad bond\u2011market sell\u2011offs with spillover effects.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e9a4e26 e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"e9a4e26\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInRight&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-fe2fb06 e-con-full e-flex e-con e-child\" data-id=\"fe2fb06\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-297459c0 elementor-widget elementor-widget-heading\" data-id=\"297459c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">IN FOCUS 2<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2af91d0c elementor-widget elementor-widget-heading\" data-id=\"2af91d0c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Large Bond Issuance Adds Price Volatility, Opportunity to Lock Yields in Investment\u2011Grade Bonds<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-15f13ca5 elementor-widget elementor-widget-text-editor\" data-id=\"15f13ca5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>AI data\u2011center expansion has driven heavy bond issuance from major tech firms like Nvidia and Amazon. Since the start of 2026, issuance by data\u2011center operators and related tech companies has risen 62% versus last year. Overall U.S. investment\u2011grade tech issuance and leverage have edged higher, nudging credit spreads above the broader IG market. Yet spreads have not widened sharply, thanks to strong investor demand absorbing supply and dealers anticipating issuance, which dampened volatility.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-716c4c7f e-flex e-con-boxed e-con e-parent\" data-id=\"716c4c7f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-70922362 elementor-widget elementor-widget-heading\" data-id=\"70922362\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\"><a href=\"#top\">^ Back to Top<\/a><\/p>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-59d1b613 e-flex e-con-boxed e-con e-parent\" data-id=\"59d1b613\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6337b7e8 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"6337b7e8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1e9732d8 e-flex e-con-boxed e-con e-child\" data-id=\"1e9732d8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1edefe98 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"1edefe98\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-shrink\" href=\"https:\/\/www.kgieworld.sg\/securities\/resources\/ck\/files\/docs\/Weekly%20Securities%20Newsletter\/KGI_Global%20Markets%20Weekly%20Kickstart_20%20July_2026_Client.pdf\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">READ FULL REPORT<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f58e83f elementor-align-center elementor-widget elementor-widget-button\" data-id=\"2f58e83f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-shrink\" href=\"https:\/\/www.kgieworld.sg\/securities\/contact-us\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">CONTACT US TO FIND OUT MORE<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-636800f9 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"636800f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>US CPI Eases on Oil, Focus on Core Inflation Slowdown &#8211; U.S. June CPI fell 0.4% MoM, the largest monthly decline since April 2020, driven by lower energy prices. Annual CPI slowed from 4.2% to 3.5%. Despite the World Cup boosting demand, core CPI excluding housing also eased, with YoY growth down to 2.6%. Housing inflation moderated, while auto insurance, apparel, healthcare, and used car prices all declined. Both headline and core CPI came in below expectations, signaling broad cooling of inflationary pressures in June. However, the sharp disinflation may prove temporary.<\/p>\n","protected":false},"author":17,"featured_media":92607,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-92606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-markets-weekly-updates"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"US CPI Eases on Oil, Focus on Core Inflation Slowdown - U.S. June CPI fell 0.4% MoM, the largest monthly decline since April 2020, driven by lower energy prices. Annual CPI slowed from 4.2% to 3.5%. Despite the World Cup boosting demand, core CPI excluding housing also eased, with YoY growth down to 2.6%. Housing inflation moderated, while auto insurance, apparel, healthcare, and used car prices all declined. 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Annual CPI slowed from 4.2% to 3.5%. Despite the World Cup boosting demand, core CPI excluding housing also eased, with YoY growth down to 2.6%. Housing inflation moderated, while auto insurance, apparel, healthcare, and used car prices all declined. Both headline and core CPI came in below expectations, signaling broad cooling of inflationary pressures in June. 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