3 Things You Need To Know About the Global Economy This Week

Welcome to Sunday! Here are three things about the global economy that have happened over the week.

1. Earlier this week, the Monetary Authority of Singapore announced that it would ease Singapore’s monetary policy and slow down the pace of the appreciation of the Singapore dollar. If you do not understand what these changes might mean to you as an investor, then you might want to take a look at my thoughts on the topic in here. In short though, there really isn’t too much for investors to fret about.

2. Shifting gears to Europe, the European Central Bank (ECB) had only recently announced its own version of the large-scale money printing exercise known as Quantitative Easing. Would we, as investors in Singapore, be affected? Should we even worry? These are actually interesting questions for me, so I sought to answer them in an article; read it here.

3. In other news about Europe, it seems that Asia’s richest man, Li Ka-Shing, is optimistic about the future prospects of the continent given that he has been expanding his portfolio of business investments in that region. Investors in Singapore needn’t feel left out though, as there are shares like Ascott Residence Trust (SGX: A68U) and ComfortDelGro Corporation Limited (SGX: C52) which have sizeable operations in Europe. Find out more about these two shares in here.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore writer Stanley Lim doesn’t own shares in any companies mentioned.