Market View: Ceasefire Relief, Oil Swings & the SpaceX IPO Frenzy

Published on 8 Apr 2026
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The Straits of Hormuz is set to reopen for two week. What does that mean for  markets? 

A fragile US-Iran ceasefire reopens the Strait of Hormuz, sending oil prices sharply lower and easing global supply fears.

Singapore rolls out a S$1 billion support package to cushion households and businesses from energy-driven inflation shocks.

Meanwhile, investors are already positioning for what could be history’s biggest IPO - SpaceX - fueling inflows into niche space ETFs.

In corporate action, AWS scrambles to maintain resilience, Levi Strauss leans into direct-to-consumer growth, Universal Music attracts takeover interest, and OCBC doubles down on sustainability financing.

Markets digest volatility and opportunity - hosted by Michelle Martin with Ryan Huang.

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