What I'm watching in markets in September 2026: Beansprout Pro Monthly Brew

Beansprout Pro in Brief

• September could be a quieter month for Singapore equities, with the next major bank earnings updates only due in November and valuations already reflecting much of the recent good news.
• That does not mean there are no catalysts. Central bank decisions, inflation data and geopolitical developments could still create meaningful moves beneath the surface.
• Interest rates remain one of the biggest variables, particularly for REITs and other interest rate sensitive parts of the market.
• The Fed and Bank of Japan meetings could shape the direction of global bond yields, while Singapore’s inflation data will provide another signal on whether price pressures are becoming more persistent.
• Geopolitical risks around the Strait of Hormuz also remain unresolved and could quickly bring oil prices and inflation concerns back into focus.
• In this update, we set out the key events we are watching in September, why they matter for the portfolio, and what would cause us to change our positioning.