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Maintain OVERWEIGHT on S-REITs. The threat from higher inflation has moderated, which reduces the probability and intensity of US rate hikes. Our top picks are CICT, FLT, NTT DC REIT and UIB REIT. We also like CLAS and MPACT.
- - Read this at SGinvestors.io -
The war with Iran is essentially over.
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The House of Representatives, led largely by Democrats and joined by some Republicans, passed a resolution on 3 Jun 26 requiring President Trump to end hostilities or seek explicit congressional authorisation before continuing strikes against Iran, marking a bipartisan rebuke of the Trump Administration. The Senate held multiple votes before finally passing a similar resolution on 23 Jun 26.
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While these resolutions are largely symbolic, they signal growing unease and increased political pressure on the White House.
Ceasefire led to resumption of oil exports from Gulf States.
- Read more at SGinvestors.io.
Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.
Jonathan KOH CFA UOB Kay Hian Research | https://research.uobkayhian.com/ 2026-07-06
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