Market Update: STI, Asian markets on hold for CNY holiday break

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No Major Asian markets, including the Straits Times Index, were closed on Friday for the Lunar New Year holiday . China’s stock and bond markets, foreign exchange and commodity futures markets are also closed through to February 17 for the holiday. Analysts are not predicting much of an awakening when trading does return, with much lower than average liquidity at present. Moreover, investors have little cause to chase the market in the absence of significant macro developments. read more