Wow. What a dramatic turnaround last night. The inflation number was still above the projection. I suspect it's due to being priced in already. Retail traders sold their stocks upon receiving the abysmal number and the smart money started buying when regular trading hours started. So what will happen today? Big banks will be reporting before 930pm Singapore time later. I feel that if their earnings report is weak, I would say we are in for a sell off tonight. And based on last night's rally it will just result in a pump and dump. All boils down to the banks earnings later. Let's hope it will be optimistic
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