Live Trading News » Rates & Bonds

Try MetaStock for 30 Days

Shayne Heffernan — Tue, 09 Apr 2013 15:36:45 +0000

Try MetaStock for 30 Days Dear Trader, powerful scanning, endless customization, and revolutionary back-testing make MetaStock the best choice for the self-directed trader. We´d like you to try it for 30-days. Get your FREE 30-day trial of MetaStock Why take advantage of this trial offer? MetaStock software and data is a powerful analysis tool [...]

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USD/CHF to Advance

Shayne Heffernan — Wed, 03 Apr 2013 14:15:30 +0000

USD/CHF intraday: the upside prevails. Pivot: 0.9475 Our preference: Long positions above 0.9475 with targets @ 0.9525 & 0.955 in extension. Alternative scenario: Below 0.9475 look for further downside with 0.945 & 0.9435 as targets. Comment: the pair is rebounding on its support, the RSI is reversing up. Opinion published is an intraday view. Green [...]

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Euro in Crisis Mode

Shayne Heffernan — Mon, 18 Mar 2013 13:16:00 +0000

UR/USD intraday: the downside prevails. Pivot: 1.2980. Our preference: SHORT positions @ 1.297 with 1.2875 & 1.2815 as next targets. Alternative scenario: The upside breakout of 1.298 will open the way to 1.304 & 1.3105. Comment: the pair has broken below its previous low and remains on the downside, the RSI is badly directed but [...]

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Shayne Heffernan on the Thai Baht

Shayne Heffernan — Fri, 15 Mar 2013 20:56:09 +0000

Shayne Heffernan on the Thai Baht As I said on the 20th of January 2013 the Thai Baht should see 28.50 to the US Dollar this year. Thailand: Thai Baht on Target for 28.50 For all of 2012, the baht strengthened about 3 percent. We remain convinced that the Thai Economy is set to become [...]

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Did Interest Rates Bottom in July 2012?

LiveTradingNews.com wire staff — Sun, 17 Feb 2013 11:39:56 +0000

Did Interest Rates Bottom in July 2012? 15 February 2013 What is going on with the Dow Jones? See in the BEV chart below how currently the Dow Jones has yet to rise up to the red line for a new all-time high. It’s been 1,350 trading days since the October 2007′s all-time high. The [...]

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Forex Forecast: EUR USD may see gains

Shayne Heffernan — Mon, 28 Jan 2013 08:00:54 +0000

Forex Forecast: EUR USD may see gains ON BULLETS • Japan economy minister Amari says not trying to weaken the yen – PM advisor Takenaka says yen still has room to weaken, many see 95 as desirable • SNB’s Jordan says franc still high – to continue weakening over time USD It is worth noting [...]

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EUR/USD Outlook

Shayne Heffernan — Fri, 18 Jan 2013 11:36:16 +0000

EUR/USD Outlook Candlesticks A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign [...]

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US Treasuries Preview

Paul A Ebeling Jr — Thu, 17 Jan 2013 13:06:35 +0000

US Treasuries Preview US Treasuries Finish Up a Bit Wednesday 10-Yr: +06/32..1.821%.. USD/JPY: 88.38.. EUR/USD: 1.3283 US Treasuries ended the day with small gains amid a quiet trade. The complex peaked ahead of the equity open, and drifted lower over the course of the session as equities pared their early losses. All in all it [...]

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GBP/USD at the Crossroads

Shayne Heffernan — Wed, 16 Jan 2013 10:42:54 +0000

GBP/USD at the Crossroads GBP/USD appears to be locked in a trading range bounded by upside resistance and downside support. The most recently confirmed upside resistance level for FOREX GBP= is around 1.63. Expect prices to have some difficulty rising above this level. A break above this level (particularly on heavy volume) would be a [...]

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ECB is not likely to cut rates, or offer new stimulus

Paul A Ebeling Jr — Wed, 09 Jan 2013 08:01:51 +0000

ECB is not likely to cut rates, or offer new stimulus Despite low inflation, recession and high unemployment, the European Central Bank ECB is not likely to cut rates or offer fresh stimulus this month, an economist said Tuesday. “A rate cut or any other action by the ECB on Thursday would come as a [...]

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Foreign Exchange: GBP, EUR Update

Shayne Heffernan — Mon, 07 Jan 2013 05:29:23 +0000

Foreign Exchange: GBP, EUR Update The results of the Lloyds Consumer Barometer survey for December were published overnight. The key result was that inflation expectations, as measured by the net proportion of households expecting higher prices over the coming year, rose to their highest level since February 2011. This measure foreshadowed the recent trough in [...]

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FX Chart Outlook: EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, USD/CHF

Shayne Heffernan — Thu, 13 Dec 2012 07:49:09 +0000

FX Chart Outlook: EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, USD/CHF The USD rose to an 8-1/2-month high against the yen on Thursday as markets expect the BoJ to expand its easing program . USD rose to as high as 83.33 yen, its highest since March 27, with its March high of 84.187 seen as a possible [...]

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Long Bond hit as US Fed announces new buying

Paul A Ebeling Jr — Wed, 12 Dec 2012 21:35:22 +0000

Long Bond hit as US Fed announces new buying 10-Yr: -13/32..1.704%.. USD/JPY: 83.16.. EUR/USD: 1.3064 US Treasuries ended on session lows as sellers took control following the FOMC rate decision. The Committee announced it would begin buying $45-B worth of longer-term Treasury securities upon the expiration of its ‘Operation Twist’ program, and that the Fed [...]

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US mortgage interest rates at 22 yr low

Paul A Ebeling Jr — Wed, 12 Dec 2012 19:43:58 +0000

US mortgage interest rates at 22 yr low The Mortgage Bankers Association MBA released its weekly report on mortgage applications Wednesday, noting a rise of 6.2% in the group’s seasonally adjusted composite index, compared with last week’s rise of 4.5%. Unadjusted, the composite index rose by 6%. Applications for refinancing rose by 8% seasonally adjusted, [...]

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Update: DXY, EUR/USD. GBP/USD. USD/CHF, EUR/CHF, USD/JPY, AUD/USD, USD/CAD

Paul A Ebeling Jr — Sat, 08 Dec 2012 02:47:27 +0000

DXY, EUR/USD. GBP/USD. USD/CHF, EUR/CHF, USD/JPY, AUD/USD, USD/CAD 10-Yr: -11/32..1.628%.. USD/JPY: 82.31.. EUR/USD: 1.2926 The US Dollar Index sank to session lows following the big Michigan Sentiment miss, but was able to hold the flat line near 80.25 before turning higher. The index recovered, trading at 80.45, its best level of the afternoon. EUR/USD is [...]

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Apple Inc NASDAQ:AAPL, New iPad App for News, Charts and Research

Shayne Heffernan — Fri, 30 Nov 2012 11:20:02 +0000

Apple Inc NASDAQ:AAPL iPad App for News, Charts and Research The new finance App for Equity, FX and Commodity traders is the ultimate set of financial tools for a new generation of financial professionals. Now, you can have access to critical news, data, and analysis when you’re on the go. Completely customizable workspace You know [...]

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USD-RMB Trading Update

Paul A Ebeling Jr — Fri, 26 Oct 2012 06:50:41 +0000

China RMB taps daily upper limit Vs USD China RMB tapped the upper limit of its daily trading band against the USD for the 2nd consecutive day Friday, as investors continued to push up the currency amid resurgent global demand for emerging market assets and renewed optimism about the Chinese economy. The USD-RMB touched 6.2380 [...]

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PIMCO says, US will be downgraded again

Paul A Ebeling Jr — Fri, 19 Oct 2012 03:56:04 +0000

PIMCO says, US will be downgraded again The US’ sovereign credit rating will be cut as “Fiscal Theater” plays out in the world’s biggest economy, according to Pacific Investment Management Co., which runs the world’s biggest bond fund. “The US will get downgraded, it’s a question of when,” Scott Mather, Pimco’s head of global portfolio [...]

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Australian Dollar (A$) / US Dollar ($) (AUDUSD) Preview

Shayne Heffernan — Sun, 14 Oct 2012 15:16:13 +0000

Australian Dollar (A$) / US Dollar ($) (AUDUSD) Preview Economist Shayne Heffernan takes a look at the AUD, Parity still in Play Looking to the week ahead, a focus on monetary policy expectations is likely to see the Aussie start off on a strong note as Chinese Trade Balance figures released over the weekend weigh [...]

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Euro (€) / US Dollar ($) (EURUSD) Preview

Shayne Heffernan — Sun, 14 Oct 2012 14:26:35 +0000

Euro (€) / US Dollar ($) (EURUSD) Preview Economist Shayne Heffernan of www.livetradingnews.com takes a look at the Euro/US Dollar week ahead. EUR shorts jumped 40% in the week to October 9th but this had no major impact on the level of the EUR the range is firm 1.3050/80 and a base near the 200-day [...]

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GBP/USD Preview

Shayne Heffernan — Sun, 07 Oct 2012 17:41:44 +0000

The pound hit the session high against the greenback on Friday after the U.S. Department of Labor said the economy added 114,000 jobs in September, pushing the unemployment rate down to 7.8% from 8.1% the previous month, the lowest level since January 2009. GBP/USD hit 1.6216 on Friday, the pair’s highest since September 28; the [...]

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EuroCrisis, Equities Support US Treasuries

Paul A Ebeling Jr — Thu, 27 Sep 2012 05:12:46 +0000

weak equities support US Treasuries US Treasuries caught a bid early Thursday as renewed concerns about the Eurozone , and Spain boosted a safe-haven trade. Overall it was a steady session as the market did not do much during the day to add to its early gains. Longer dated maturities went out at their highs [...]

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Currency Trading Update USD, EUR, JPY, RMB

Shayne Heffernan — Mon, 24 Sep 2012 06:23:34 +0000

The euro got off to a subdued start on Monday, having suffered its first weekly decline in five after a recent batch of weak economic data underscored challenges facing euro zone policy makers. If true, that could be positive for the euro, which stood at $1.2975, within striking distance of last week’s trough around $1.2920. [...]

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Thailand Law Firm, Real Estate, Visa’s, Incorporation

Shayne Heffernan — Sun, 16 Sep 2012 06:12:13 +0000

Knightsbridge Law was established by a consortium of Foreign and Local interests to service the needs of the business community of Bangkok, with the wealth of International connections the consortium brings Knightsbridge Law is set to be one of Bangkok’s leading Law firms, with lawyers, accountants, securities and finance specialists it offers unparalleled services in [...]

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Gold price in Vietnam rises to 12-month high

Paul A Ebeling Jr — Sat, 15 Sep 2012 13:12:51 +0000

Gold price in Vietnam rises to 12-month high The price of Gold in Vietnam, following the global trend, has risen to its 12-month high, reaching over 47.40-M Vietnamese Dong (US$2,273) per tael (1 tael = 1.2 oz) over the weekend. It is obvious that the price of Gold in the global market that rose to [...]

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Strong Peso may dent Philippine exports, growth

Paul A Ebeling Jr — Fri, 14 Sep 2012 04:25:19 +0000

Strong Peso may dent Philippine exports, growth The export sector is likely to take a hit again if the Philippine Peso continues to strengthen, analysts said. The Philippine peso has been trading at a four year high for the past few days, with the local currency opening Thursday at 41.49 Pesos vs. the USD. Analysts [...]

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USA Developing a New Sovereign Debt Financial Crisis

Shayne Heffernan — Wed, 12 Sep 2012 15:00:40 +0000

USA Developing a New Sovereign Debt Financial Crisis A year ago, Moody’s cut its outlook on US debt to “negative,” which acts as a warning that it might downgrade the rating, after partisan wrangling over raising the US debt limit led the nation to the brink of default. Rival agency Standard & Poor’s took the [...]

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The Leader in Intraday Trading Tools: Autochartist

Shayne Heffernan — Wed, 05 Sep 2012 12:01:31 +0000

Markets.com Introduces Autochartist Considered the market leader in intraday trading tools Autochartist allows search engines to monitor thousands of financial instruments 24 hours a day, and automatically identify trade opportunities in the form of chart patterns, Fibonacci patterns, and Key Levels as they occur. In addition, Autochartist offers PowerStats as a feature which will give [...]

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US Banks buying Treasuries

Paul A Ebeling Jr — Mon, 20 Aug 2012 17:20:29 +0000

US Banks buying Treasuries There is a wide gap between US bank deposits that is growing at the fastest pace in 2 yrs, providing lenders with more funds to buy bonds and temper the biggest sell-off in Treasuries since 2010. As deposits increased 3.3% to $8.88-T in the 2 months ended 31 July, business lending [...]

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Real-time mortgage loan rates comparison

Shayne Heffernan — Thu, 19 Jul 2012 14:11:40 +0000

Based in Santa Ana, California, and in business since 2006 Icanbuy provides accurate, real-time mortgage loan rates comparison instantly to consumers based on their unique financial and credit profiles. Icanbuyâ€™ s disruptive technology platform was developed to cut through the confusion of the mortgage market to inform and empower homebuyers to make sound financial decisions [...]

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John Mauldin EuroCrisis Update

LiveTradingNews.com wire staff — Sun, 15 Jul 2012 11:48:37 +0000

For the last year I have been writing that it is not clear that Europe (with the probable exception of Greece) will in fact break up. The forces that would see a strong fiscal union are quite powerful. In today’s letter, I will try to bring you up to date on some insights I have [...]

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Money vs. Fiat Money

Paul A Ebeling Jr — Mon, 09 Jul 2012 17:26:17 +0000

The Value of Real (sound) Money vs. Fiat Money (unsound) Money Today’s worldwide Paper or “Fiat-,” money regime is an economically and socially destructive scheme, one with far-reaching, harmful economic and societal consequences that extend beyond what most people can imagine. Fiat money is inflationary; it benefits a few at the expense of many others; [...]

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Top 1000 Financial Advisors

Shayne Heffernan — Fri, 29 Jun 2012 19:44:30 +0000

Announcing a special recognition appearing in the February, 2012 issue of Barron’s published by Dow Jones & Company, Inc., Frank Marzano of GM Advisory Group, Inc. was selected for the following honor: “America’s Top 1000 Financial Advisors” Frank Marzano of GM Advisory Group, Inc. commented on the recognition: “This is quite an honor for me. [...]

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Obama and Money Printing

Shayne Heffernan — Fri, 22 Jun 2012 10:25:48 +0000

When people Worldwide are anxiously looking on as the Eurozone debt crisis deepens, America, mired in a huge pile of public debt, poses another potential threat to the Global financial system. Debt’s siren call has already been sounded in the World’s largest economy. By the end of last year, the US public debt-to-GDP ratio was [...]

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Singapore Buying Myanmar Hotels

Shayne Heffernan — Sun, 27 May 2012 14:54:51 +0000

Singaporean businessmen are expected to make more investment in Myanmar’s hotel and tourism sector, local media reported Saturday. A 15-member delegation of International Enterprise Singapore Business Department Trip to Myanmar, led by Group Director Southeast Asia Group Tan Soon Kin, held discussions with officials of Myanmar’s Ministry of Hotels and Tourism in the second week [...]

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The Marriott Rewards® Premier Credit Card a Must for Travellers

Shayne Heffernan — Fri, 04 May 2012 07:14:08 +0000

The Marriott Rewards® Premier Credit Card is a hotel rewards credit card that comes with FREE hotel night stays and instant BONUS points. To add to these rewards, cardholders will have the annual fee for the first year waived. Receive 50,000 BONUS Points – After your first purchase or balance transfer, you’ll also receive 1 [...]

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South Korea: Bond Sales on the Rise

Shayne Heffernan — Mon, 26 Mar 2012 10:03:18 +0000

South Korea’s corporate financing grows 16.2% in February South Korean companies’ direct financing through issuing stocks and bonds grew 16.2% last month due to raise in corporate bond sales for refinancing amid favorable borrowing conditions, according to a FSS report Sunday. Corporate financing through public offers such as equity issuance and bond sales amounted to [...]

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The Consumer Price Index (CPI) Full February Data

Shayne Heffernan — Sat, 17 Mar 2012 06:15:45 +0000

Economist Shayne Heffernan takes a look at the USA CPI Food and Oil were the main drivers of the CPI shift in recent months a trend that may continue, there is a strong link between the 2 in modern economies, One indicator of the unsustainability of the contemporary food system is the ratio of energy [...]

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US Debt is Now Terminal, Invest Accordingly

Shayne Heffernan — Tue, 13 Mar 2012 17:15:48 +0000

Economist Shayne Heffernan takes a look at where to be invested as a safe guard against the growing Global Debt Crisis. My position in relation to US Debt is set out below, but firstly let’s take a look at what to be invested in should you accept the premise that the US Debt level is [...]

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Is LIBOR Dead?

Shayne Heffernan — Tue, 13 Mar 2012 04:46:04 +0000

LIBOR faces replacement by verified trades The London interbank offered rate (LIBOR), the benchmark for US$360-T of securities, may not survive allegations of being corrupted unless it is based on transactions among banks rather than guesswork about the cost of money. The methodology used to formulate LIBOR is totally unsuitable for the modern World. The [...]

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Default Contagion Possible in Europe

Shayne Heffernan — Sat, 10 Mar 2012 08:44:24 +0000

Friday seen one of the worst moments of the 2008 financial crisis played out, part of the European Union defaulted on their debt and with the help of the ECB, World Bank and IMF strong armed bond holders in to accepting massive write offs. European officials insist that Greece is a one-time deal, not meant [...]

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Bill Gross on Greece

Shayne Heffernan — Fri, 09 Mar 2012 19:25:52 +0000

Bill Gross says, Bond contract sanctity is hurt by Greece’s debt swap The “sanctity” of bondholders’ contracts has been diminished by Greece’s pushing through the biggest sovereign restructuring in history, according to Bill Gross of Pacific Investment Management Co. “The rules have been changed here,” Gross, co-Chief Investment Officer at Pimco, said in a radio [...]

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World Celebrates Failure in Greece

Shayne Heffernan — Fri, 09 Mar 2012 11:22:56 +0000

Markets rallied today as one of the worst moments of the 2008 financial crisis played out, part of the European Union defaulted on their debt and with the help of the ECB, World Bank and IMF strong armed bond holders in to accepting massive write offs. Given the nature of the default, and the discount [...]

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Sovereign Debt Defaults May Dominate Europe in 2012

Shayne Heffernan — Fri, 09 Mar 2012 06:18:39 +0000

Greece currently the focus of the eurodebt crisis now in its third year, looks to have managed to close on an exchange to effectively default on their national debt and reduce the 206 billion euros of privately held Greek debt by 53.5 percent. While markets are celebrating the default the real question is, who will [...]

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US Treasuries Rally

Shayne Heffernan — Wed, 07 Mar 2012 02:33:55 +0000

US Treasuries post strong gainer on Tuesday 10-Yr: +17/32..1.951%.. USD-JPY: 80.82.. EUR-USD: 1.3113 10-yr Yield Falls Below 1.95% US Treasuries finished off their best levels, with strong gains as Greek worries were in focus Tuesday. Thursday’s Greek PSI deal now appears to be in jeopardy as early reports suggested an announcement [...]

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Euro Crisis in Italy Almost Certain

Shayne Heffernan — Mon, 05 Mar 2012 04:14:28 +0000

Italy’s Y 2011 Debt-to-GDP ratio at record levels Italy’s debt rose to 120.1% of GDP last year from 118.7% in Y 2010, the highest level since Y 1996, the national statistics institute Istat said Friday. The Country’s economy grew 0.4% last year compared to 1.8% the previous year, while the budget deficit fell to 3.9% [...]

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US Treasuries fall for 3rd day running

Shayne Heffernan — Fri, 02 Mar 2012 04:33:14 +0000

US Treasuries fall for 3rd day running 10-Yr: -17/32..2.036%.. USD-JPY: 81.10.. EUR-USD: 1.3306 US Treasuries saw a 3rd consecutive day of losses despite most of the data falling short of estimates. The complex fell to its worst levels of the session as headlines crossed from US Fed Chairman Bernanke suggesting ‘at some [...]

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G-20 All Talk No Action

Shayne Heffernan — Sun, 26 Feb 2012 19:30:51 +0000

Mexico’s Finance Minister Jose Antonio Meade said Friday the world needs Group of 20′s strong leadership, more decisive and timely response to the challenges the global economy currently faces. “The G-20 stands at the heart of the most critical economic challenges facing the World today,” said Mr. Meade at a seminar of the Institute of [...]

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China May Cut Rates

Shayne Heffernan — Sun, 26 Feb 2012 19:21:47 +0000

China’s central bank may cut the interest rate in the 2nd and 3rd Q’s this year, as the economies in the EU and US slow down further while domestic inflation pressure gradually eases, economists said Saturday. According to research co-sponsored by Xiamen University and the National University of Singapore, China’s monetary policy is very likely [...]

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The Long Bond Leads Market

Shayne Heffernan — Sat, 25 Feb 2012 17:29:49 +0000

The US Long Bond out performed Friday 10-Yr: +05/32..1.980%.. USD-JPY: 80.93.. EUR-USD: 1.3464 The Long Bond Leads: US Treasuries saw heavy selling at the beginning of the week as the announcement of an agreement on the Greek rescue package caused a rotation into riskier assets. And US Treasuries gained over the rest of the week [...]

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US fixed mortgage rates rise

Shayne Heffernan — Sat, 25 Feb 2012 17:16:28 +0000

US fixed mortgage rates rise from historic lows US fixed mortgage rates this week increased from the previous week’s record lows as the housing market continued to improve, said the Primary Mortgage Market Survey released Thursday by Freddie Mac. The mortgage giant said that 30-yr fixed-rate mortgage (FRM) was 3.95% for the week ending 23 [...]

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South Korea Economic Report

Shayne Heffernan — Fri, 24 Feb 2012 15:52:56 +0000

South Korea’s consumer confidence rebounds in February South Korea’s consumer confidence rebounded in February as positive economic indicators in the United States boosted hopes for the global economic recovery, the central bank said Friday. Consumer sentiment index (CSI), which gauges consumers’ overall economic outlook, stood at 100 in February, up 2 pts from a month [...]

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Forex Metatrader 4 Broker, MT4 Download

Shayne Heffernan — Thu, 23 Feb 2012 18:11:11 +0000

The MetaTrader 4 terminal is a perfectly equipped trader’s workplace that allows trading in the financial markets (Forex, CFD and Futures). It provides the necessary tools and resources to analyze price dynamics of financial instruments, make trade transactions, create and use automated trading programs (Expert Advisors). It represents the all-in-one platform and is the most [...]

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New Zealand Dollar Fundamentals and Economic Update

Shayne Heffernan — Mon, 20 Feb 2012 21:59:52 +0000

New Zealand economy weathering twin shocks The governor of New Zealand’s central bank said Friday the Country’s economy and financial system are both capable of weathering the twin shocks of the European sovereign debt crisis and the ongoing earthquakes in the South Island’s Canterbury region. Last year saw “two bad jolts” hitting the New Zealand [...]

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AUD Update, Retail Sales Data and the Australian Dollar

Shayne Heffernan — Mon, 20 Feb 2012 21:35:47 +0000

Australia’s retail sales rise again in January Retail sales in Australia continued to rise in January, driven by sales growth in clothing stores and by mail order/telephone order providers, according to the Commonwealth Bank of Australia (CBA) Business Sales Indicator (BSI) report released on Monday. The bank’s January BSI report showed a 0.6% rise in [...]

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Geithner on Greece

Shayne Heffernan — Mon, 20 Feb 2012 09:03:08 +0000

US Treasury Secretary supports Greek reform package US Treasury Secretary Timothy Geithner Sunday threw US support behind the latest Greek economic reform package and said the United States would encourage the International Monetary Fund (IMF) to back this agreement. “We welcome the program of economic reforms agreed to by the Prime Minister of Greece and [...]

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EUR/USD Trading Chart, Outlook

Shayne Heffernan — Sat, 18 Feb 2012 18:42:36 +0000

Expect some volatility in the Euro this week should there be any questions raised over the Greek Bailout. The resignation of the German President Mr. Wulff failed to deliver any volatility to the markets with EUR/USD hovering around 1,3170 level and German DAX around 6.850. In the US the Consumer Price Index came in line [...]

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Aberdeen Asia-Pacific Income Fund, Inc. (AMEX: FAX) Performance Update

Shayne Heffernan — Sat, 18 Feb 2012 10:53:56 +0000

Aberdeen Asia-Pacific Income Fund, Inc. (AMEX: FAX) (the “Fund”), a closed-end bond fund, today announced that it paid on February 17, 2012, a monthly distribution of US 3.5 cents per share to all shareholders of record as of January 31, 2012. Under U.S. tax rules applicable to the Fund, the amount and character of distributable [...]

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AUD Fundamental Update

Shayne Heffernan — Thu, 16 Feb 2012 12:48:25 +0000

Australia’s unemployment rate down to 5.1% in January Australia’s unemployment rate fell 0.1 percentage point to 5.1% in January, lowest since July 2011, data from Australian Bureau of Statistics (ABS) showed Thursday. The ABS reported the number of people employed increased by 46, 300 to 11.46-M in January. The increase in employment was driven by [...]

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Korean Won Rate Freeze

Shayne Heffernan — Thu, 09 Feb 2012 10:06:21 +0000

South Korea’s CB freezes Key policy rate at 3.25% South Korea’s central bank (CB) said on Thursday that it froze the benchmark interest rate at 3.25% for February, leaving the 7-day repo rate unchanged for 8 straight months. Governor Kim Choong-soo and monetary policy board members decided to freeze the 7-day repo rate at 3.25% [...]

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US Treasury 30 yr Bonds decline

Shayne Heffernan — Fri, 03 Feb 2012 14:21:58 +0000

US Treasury 30 yr Bonds decline for 2nd day before jobs report US Treasury bonds fell for a 2nd day, pushing yields above 3%, as a report showing a decline in weekly US jobless claims added to speculation the US Labor Department will say employers added workers last month. The yield on the benchmark 10-year [...]

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Markets Rally in Brazil

Shayne Heffernan — Wed, 01 Feb 2012 16:29:14 +0000

Brazilian bourse enjoy best January in 6 yrs VALE Brazil’s Sao Paulo stock exchange (Bovespa) had the best January in 6 yrs, with the benchmark Ibovespa index rising 11.1% in the month, local media said Tuesday. The figures are impressive, given that the Ibovespa accumulated a fall of 18% last year. On Tuesday, the Ibovespa [...]

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EUR-USD Buy at 1.2830

Shayne Heffernan — Sun, 22 Jan 2012 16:47:17 +0000

EUR-USD Buy at 1.2830 EUR-USD – 1.2925 Most recent candlesticks pattern : N/A Trend : Near term up Tenkan-Sen level :1.2936 Kijun-Sen level :1.2931 Ichimoku cloud top :1.2867 Ichimoku cloud bottom :1.2819 New strategy: Buy at 1.2830, Target: 1.2970, Stop: 1.2795 Despite intra-day marginal rise to 1.2986, lack of follow through buying and current sharp [...]

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2012, The Year of Living Dangerously

Shayne Heffernan — Wed, 12 Oct 2011 11:31:56 +0000

Goldman Sachs Group, Inc., NYSE:GS and Morgan Stanley, NYSE:MS are considering dumping their “Bank” business to avoid US legislation, Bank of America NYSE:BAC is reinventing itself. As the reality of Dodd-Frank and the Volker Rule draws near Banks and financial institution look ready to pack up and leave the USA. 2012 is America’s year of [...]

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Shayne Heffernan ASEAN Stars Outlook SGX, SGD, Genting

Shayne Heffernan — Thu, 06 Oct 2011 21:42:31 +0000

Asean Shares will look to consolidate gains today after another positive session on Wall St overnight. Shayne Heffernan Best Buys today are, The Singapore Stock Exchange, The Singapore Dollar and Genting Companies in Malaysia, Singapore and Manila Yesterday, Tokyo jumped 1.66 percent, or 139.04 points, to 8,522.02, Seoul rallied 2.63 percent, or 43.80 points, to [...]

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Emerging Markets Monthly Report

Shayne Heffernan — Wed, 05 Oct 2011 13:29:19 +0000

Investing in emerging markets includes some unique risks but also offers some unique opportunities.Volatility is a risk, last quarter emerging markets sold off more than the USA, but now many of this locations are oversold. Emerging markets are going to be major players in the mainstream over the next 20 years. Historically, emerging markets have [...]

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Austerity and Taxes, The Path to Recession

Shayne Heffernan — Sat, 01 Oct 2011 20:01:42 +0000

Shayne Heffernan: Steps to Real Global Growth The USA and Europe have failed to spark a sustained recovery despite trillions in poorly directed bailout funds, now the calls for Austerity calls and a new Tax push threaten to truly derail growth in the western world. Political maneuvering and Financial Smokescreens like QE’s and Twists replaced [...]

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Japan is a Buy as Recovery Begins

Shayne Heffernan — Sat, 01 Oct 2011 13:31:01 +0000

Industrial production in Japan rose for the fifth straight month in August as factories continued recovering from March’s earthquake and tsunami. Industrial output climbed 0.8 percent from the previous month, according to the Ministry of Economy, Trade and Industry report. Sectors driving gains included transport equipment and electronic parts. The ministry says industrial production has [...]

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Philippines Economic Report

Shayne Heffernan — Mon, 26 Sep 2011 06:40:27 +0000

fficials of the administration of President Benigno S. Aquino III have been trumpeting that the huge budget surplus in August of 9.22-B Pesos (US$210-M) was due to the government’s prudent fiscal management, while some critics are saying that this was the result of under-spending which has dragged the Philippine economy downwards. It was President Aquino [...]

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Money Leaving Asia, Bargains for the Brave

Shayne Heffernan — Sat, 24 Sep 2011 11:12:56 +0000

Asia is the place to be buying as foreign money managers sell positions to cover home losses and increase their own liquid positions. This is a huge opportunity to buy in the worlds fastest growing region. There is some concern in Asia that capital is flowing too quickly out of the region, after major currencies [...]

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Vítor Constâncio on Research and the Euro

Shayne Heffernan — Fri, 23 Sep 2011 07:46:41 +0000

Speech by Vítor Constâncio, Vice-President of the ECB, Frankfurt am Main, 22 September 2011 Ladies and Gentlemen, It is a great pleasure to address a few words to mark the awarding of the 2011 Deutsche Bank Prize in Financial Economics to Professor Kenneth Rogoff of Harvard University. I will recall some of Professor Rogoff’s outstanding [...]

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Jim Flaherty on the Euro Crisis

Shayne Heffernan — Fri, 23 Sep 2011 07:10:05 +0000

Canadian Finance Minister Jim Flaherty Thursday called on the Europeans to take “decisive action” to rein in the continent’s debt problems and protect the World from an emerging banking crisis. The appeal came as the Canadian Dollar dipped about 4% against the USD to US$0.965, a decline that occurred just hours after Prime Minister Stephen [...]

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US Dollar Rallys, Commodities Fall

Shayne Heffernan — Thu, 22 Sep 2011 18:22:30 +0000

Gold falls, Strong USD hammers commodities Gold fell by more than 3% Thursday, set for its largest monthly decline since January, after the Federal Reserve’s move to boost US growth lifted the “Greenback”, which hammered the commodities complex. Adding to the pressure was a Key gauge of Chinese manufacturing that showed a 3rd consecutive month [...]

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Obama’s Buffett Rule

Shayne Heffernan — Wed, 21 Sep 2011 07:01:02 +0000

Some facts about Obama’s “Buffett Rule” The US President presented the “Buffett Rule” like this on Monday from the White House Rose Garden; “Warren Buffett’s secretary should not pay a higher tax rate than Warren Buffett. There is no justification for it,” That is what Mr. Obama said as he announced his deficit-reduction plan on [...]

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Swiss Banks Secrecy Goes to Parliament

Shayne Heffernan — Mon, 19 Sep 2011 07:38:19 +0000

Swiss-US tax deal could be blocked in Parliament The proposed settlement between Switzerland and the USA over untaxed money parked in Swiss bank accounts could be jeopardized by some Swiss political parties, NZZ am Sonntag reported Sunday. The framework for a possible compromise in the dispute between the 2 countries was agreed by Michael Ambuehl, [...]

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Gold, Currency and Intervention

Shayne Heffernan — Sun, 18 Sep 2011 05:48:38 +0000

Currency traders do not like governments to intervene in the Global currency markets, as the moves tilt the playing field in ways that can cause traders to unwind positions that would have paid off if the intervener had just stayed out of the action This recent Swiss peg to the Euro forced traders to move [...]

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Volcker and Obama, Anti-American

Shayne Heffernan — Sun, 18 Sep 2011 05:40:17 +0000

GS, HBC, SCGLY, CS, DB, JPM There is a Rule pending in the US that limits proprietary trading by US banks that may extend to overseas firms with operations in the Country. In October US regulators are set to issue a proposal to carry out provisions of the so-called “Volcker Rule”, a Super toxic part [...]

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World Market Snap Shot GE, NVDA, SNDK

Shayne Heffernan — Wed, 14 Sep 2011 21:07:01 +0000

Red’s Bull Trader Alert: Stocks rallied, sending the Standard & Poor’s 500 Index higher for a 3rd day running, and the Euro extended gains as German and French leaders expressed support for Greece to remain in the Euro monetary union and speculation grew that China may help Europe’s most-indebted nations. The S&P 500 rose to [...]

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China to Step Up and Spark World Recovery?

Shayne Heffernan — Wed, 14 Sep 2011 17:56:30 +0000

Chinese Premier Wen Jiabao has stepped up and started reforms and policies that may spark a global recovery. China has committed to supporting Europe by buying debt and has also indicated today the will start to loosen financial policy within the nation. Premier Wen Jiabao said Wednesday that China is willing to help debt-laden Europe [...]

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5% Growth for Chile

Shayne Heffernan — Wed, 14 Sep 2011 07:35:20 +0000

Chile prepares contingency plan to cope with USA and EU crisis Chile’s fiscal and financial authorities are working on a contingency plan to ensure its economy can sustain any worsening of the ongoing debt crisis in the United States and European Union (EU), Finance Minister Felipe Larrain said Thursday. “We believe that what we have [...]

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China Growth Outpaces West 5 to 1

Shayne Heffernan — Sun, 11 Sep 2011 08:36:15 +0000

China’s imports rose to a record and exports grew more than forecast last month, signaling resilience in the World’s 2nd biggest economy as the US and European recoveries struggle. China is the World’s biggest exporter and the largest contributor to Global growth. HCM estimates that the Nation’s expansion will stay just under 9% in Q-4 [...]

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China’s GDP growth in 2010 revised up to 10.4%

Shayne Heffernan — Wed, 07 Sep 2011 18:07:09 +0000

China’s GDP growth in 2010 revised up to 10.4% Y-Y The growth rate for China’s 2010 gross domestic product (GDP) has been revised up, with an increase of 0.1 percentage points to a rate of 10.4%, the National Bureau of Statistics (NBS) announced Wednesday. After the revision, China’s 2010 GDP now stands at 40.12-T Yuan [...]

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US to Spend $300b on Jobs

Shayne Heffernan — Wed, 07 Sep 2011 10:40:47 +0000

US President Obama set to unveil US$300-B jobs package President Barack Obama is expected to announce a US$300-B plan Thursday, including tax cuts and spending for Y 2012 to boost job creation and stimulate recovery, it was reported late Tuesday. The new plan, which will outlined in Mr. Obama’s address to the US Congress Thursday [...]

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World Bank Moves to Singapore

Shayne Heffernan — Wed, 07 Sep 2011 10:27:56 +0000

World Bank to set up first non-USA combined office in Singapore The World Bank and Singapore signed an agreement Tuesday to set up a combined World Bank Group office, which will be the 1st outside Washington. The World Bank-Singapore Hub will offer products and services from across the World Bank Group to help unlock private [...]

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California Poll a Warning to Obama

Shayne Heffernan — Tue, 06 Sep 2011 09:20:56 +0000

California Poll illustrates voter anger About 3 in 4 say the Country is on the wrong track, and nearly 50 % favor slashing government spending, a potentially dismal fact for US President Obama, who plans to unveil his jobs plan this week. California voters are increasingly disheartened about the direction of the Country, but like [...]

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US Economy Slows

Shayne Heffernan — Sun, 04 Sep 2011 13:56:09 +0000

The US Economy has slowed, but data suggests no recession Yes, the US economy continues to struggle, but data released last Thursday suggest it has not slipped, or about to slip, into another recession. The manufacturing sector appears to have grown, but slowly in August, but it is not contracting. The number of people filing [...]

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South Korea recoups 60.5% of bailout funds in July

Shayne Heffernan — Fri, 02 Sep 2011 18:45:56 +0000

South Korea recoups 60.5% of bailout funds in July South Korea recouped 60.5% of bailout funds lent to local financial institutions in late Y 1997 when the Asian financial crisis happened, the financial watchdog said Friday. According to a statement by the Financial Services Commission ( FSC), the government collected 102-T Won (US$96-B) in public [...]

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Ukraine’s foreign reserves reach new high in August

Shayne Heffernan — Fri, 02 Sep 2011 18:41:25 +0000

Ukraine’s foreign reserves reach new high in August Ukraine’s foreign exchange reserves grew to a new high of US$38.189-B in August, a central bank official said Friday. “The positive balance of National Bank interventions in the currency market in August totaled US$322.39-M,” Valery Litvitsky, chief of the advisory group of the National Bank of Ukraine [...]

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Gold, Silver and Oil Trading Outlook

Shayne Heffernan — Thu, 01 Sep 2011 09:49:33 +0000

The Overall Fundamentals Gold and Silver Gold futures on the COMEX Division of the New York Merc finished higher Wednesday, fueled by demand for physical Gold remaining Strong in Asia and Europe. The most active Gold contract for Dec delivery rose 1.9, or 0.1%, to 1,831.7 oz. Traders expect Gold buying to regain momentum in [...]

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China Expands in ASEAN with Philippine Deal

Shayne Heffernan — Thu, 01 Sep 2011 09:19:51 +0000

China-Philippine trade to double China and the Philippines aim to double bi-lateral trade to US$60-B in Y 2016, indicating that economic cooperation is a priority as the countries put aside the South China Sea dispute that has strained ties. Securing a number of deals with China on Wednesday, Philippine President Benigno Aquino continued with his [...]

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Brazil Continues Growth

Shayne Heffernan — Thu, 01 Sep 2011 09:12:32 +0000

Brazil’s industrial output + 1.4% so far in Y 2011 Brazil’s industrial production increased by 1.4% in the 1st 7 months of Y 2011 compared with the same period last year, the Country’s statistics agency IBGE said Wednesday. Industrial output increased by 0.5% in July compared with June when a 1.2% decrease from the previous [...]

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Russia Outlook Stable Rated A-3

Shayne Heffernan — Thu, 01 Sep 2011 09:02:50 +0000

S&P confirms Russia’s “stable” credit ratings International rating agency Standard & Poor’s (S&P) confirmed Russia’s stable sovereign credit ratings on Wednesday, giving A-3 for its short-term foreign currency sovereign rating, and BBB for long-term. The long-term rating for Russia’s ruble-nominated bonds remains at BBB+ level, while short-term rating is re-confirmed at A-2 level, S&P said. [...]

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Indonesia Banks a Strong Buy

Shayne Heffernan — Wed, 31 Aug 2011 19:19:01 +0000

Banks in Indonesia recorded 23 percent growth in their earnings over the first four months this year from the same period a year ago, central bank data showed on Thursday. Sigit Pramono, the chairman of Indonesian Banking Association (Perbanas), said the data affirmed predictions that lenders here would continue raking in healthy profits thanks to [...]

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AUD/USD Summary and Outlook

Shayne Heffernan — Wed, 31 Aug 2011 09:32:52 +0000

The AUD/USD broke the $1.07 mark twice since Tuesday. The previous time it reached this mark was on August 4. Th new range looks to be 1.065 to 1.065 and the US Market movement will dominate the direction. At the local ASX close, the Australian dollar was trading at 106.86 US cents, up from 106.49 [...]

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South Korea Industrial Output Data

Shayne Heffernan — Wed, 31 Aug 2011 08:46:37 +0000

South Korea’s industrial output growth slows to 10 month low in July South Korea’s industrial output growth slowed to a 10 month low in July, fueling already heightened worries over uncertainties at home and abroad, a government report showed Wednesday. Output in mining, manufacturing and electricity & gas sector grew 3.8% in July from a [...]

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Macau’s Gross Domestic Product Jumps 24%

Shayne Heffernan — Tue, 30 Aug 2011 18:39:37 +0000

Driven by Strong performance in the gaming sector, Macau’s Gross Domestic Product (GDP) for Q-2 of Y 2011 grew 24% Y-Y, according to the figures released on Tuesday by Macao’s Statistics and Census Service (DSEC). Analyzed by major components, exports of gaming services and investment soared by 39 and 23.1% respectively in the period when [...]

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Yoshihiko Noda elected Japanese PM

Shayne Heffernan — Tue, 30 Aug 2011 17:51:54 +0000

Yoshihiko Noda elected Japanese PM Former finance minister Yoshihiko Noda was elected as Japan’s new prime minister Tuesday following the majority of votes in elections held at the House of Representatives, which is more powerful in the Diet or parliament. Noda, 54 anni becomes Japan’s 6th prime minister since Y 2006. Born into a poor [...]

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US Dollar Index Trading Up off Lows

Shayne Heffernan — Tue, 30 Aug 2011 07:58:52 +0000

The dollar index, which measures the US Dollar against a basket of six other currencies, traded at 73.666, down from 73.728 in late North American trading on Monday and after falling to 73.65 is now trading over 73.80. The dollar declined at the start of the week after upbeat U.S. economic data boosted investors’ appetite [...]

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AUD/USD Update

Shayne Heffernan — Tue, 30 Aug 2011 07:38:05 +0000

The Australian dollar dipped briefly at 11.30am AEST on worse-than-expected home building approvals figures for July. Home building approvals rose one per cent to 12,227 units in July, seasonally adjusted, below economist forecasts of a two per cent rise in approvals in the month. “From that low of 106.55 US cents, it has rallied straight [...]

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Strauss-Kahn meets with IMF

Shayne Heffernan — Tue, 30 Aug 2011 07:06:23 +0000

Strauss-Kahn meets with IMF Chief and staff members The Washington-based International Monetary Fund (IMF) said Monday that its former boss Dominique Strauss-Kahn paid a visit to the Global lender and met with its Chief and staff members. He visited IMF headquarters Monday afternoon, and current IMF Managing Director Christine Lagarde met him prior to his [...]

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Eurobonds to be accompanied by surveillance and coordination

Shayne Heffernan — Mon, 29 Aug 2011 19:18:44 +0000

Eurobonds to be accompanied by surveillance and coordination . Eurobonds should be introduced with reinforced fiscal surveillance and policy coordination, European Union (EU) economic chief said Monday. “It is clear that Eurobonds, in whatever form they will be introduced, should be accompanied with a substantially reinforced fiscal surveillance and policy coordination as an essential counterpart,” [...]

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IMF See Dangerous New Phase of Global Economy

Shayne Heffernan — Sun, 28 Aug 2011 10:08:52 +0000

Concerted action Key in this phase of the Global recovery Global leaders Saturday called for joint efforts to shore up the sagging economic recovery, as the World economic growth has entered a critical and erratic phase. Downside risks to the Global economy are rising, and developments this summer have indicated that the Global economy is [...]

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Economic Report on Spain

Shayne Heffernan — Sat, 27 Aug 2011 08:02:49 +0000

Spain’s economy grows by 0.2% in Q-2 Spain’s economy slowed down in Q-2 this year, in the wake of growing market worries over a sovereign debt crisis, the official National Institute of Statistics (INE) said Friday. In the April-June period, the economy grew 0.2% over the prior Quarter, when the Country registered 0.4% growth. The [...]

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Greece unveils Bond rollover plan

Shayne Heffernan — Fri, 26 Aug 2011 18:05:14 +0000

Greece unveils Bond rollover plan Greece has detailed the conditions of its Bond rollover plans in a letter addressed to 60 finance ministries across the World. The letter called for swift and full implementation of the EuroZone summit bailout deal struck in Brussels on July 21 to tackle the Greek debt crisis. According to the [...]

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Hu and Sarkozy Discuss Europe Debt

Shayne Heffernan — Thu, 25 Aug 2011 19:19:23 +0000

Chinese President meets French President Sarkozy to discuss European debt issues President Hu Jintao Thursday met with French President Nicolas Sarkozy to discuss the European debt issues, and the upcoming G-20 Summit. “Your visit reflects the height of China-France strategic cooperation,” Hu told Sarkozy at the start of their meeting at Beijing’s Great Hall of [...]

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Warren Buffett to invest $5 billion in Bank of America NYSE:BAC

Shayne Heffernan — Thu, 25 Aug 2011 13:31:34 +0000

Warren Buffett’s Berkshire Hathaway is set to invest $5 billion in Bank of America in a move that will lift the price and profile of the Bank. On August 24th when the stock was struggling Heffernan Capital Management upgraded the Bank as it became clear the Bank was oversold without justifiable reason. Bank of America [...]

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Boosting U.S. and ASEAN Trade

Shayne Heffernan — Thu, 25 Aug 2011 07:09:10 +0000

US and Cambodia Chamber of Commerce ink deal on trade loan guarantees The US Export-Import Bank (Exim Bank) and the Cambodia Chamber of Commerce (CCC) inked the Memorandum of Understanding on trade loan guarantees to boost trade between the U.S. and ASEAN member countries, according to a statement released by the US embassy in Phnom [...]

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Bank of China Ltd. (HKG:3988) Result Shows Sound China Economy

Shayne Heffernan — Wed, 24 Aug 2011 20:38:49 +0000

Bank of China Ltd. (HKG:3988), first-half profit jumped 28 percent to a record while bad debts dropped amid rising scrutiny of property loans and credit to local governments. Net income rose to 66.5 billion yuan ($10.4 billion) from 52 billion yuan a year earlier, the Beijing-based company said in a Hong Kong stock exchange statement [...]

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EUR/USD to Rebound

Shayne Heffernan — Wed, 24 Aug 2011 08:17:00 +0000

The Euro is trading lower against the dollar before a report economists said will show German business confidence fell to the worst in a year, adding to signs Europe will struggle to contain its debt crisis. The Ifo institute in Munich will probably say its business climate index, based on a survey of 7,000 executives, [...]

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South Korea’s foreign debt reaches record US$398B

Shayne Heffernan — Tue, 23 Aug 2011 13:54:03 +0000

South Korea’s foreign debt reaches record US$398B South Korea’s foreign debt posted a record high in Q-2 of this year as long-term external debt increased sharply amid growing foreign investment in government bonds, the central bank said Tuesday. Foreign debt reached a record 398 billion U.S. dollars as of the end of June, + US$15.4-B [...]

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EUR/USD, USD/JPY, AUD/USD Trading Report

Shayne Heffernan — Tue, 23 Aug 2011 06:44:57 +0000

Better than expected Chinese manufacturing numbers helped risk-sensitive currencies, such as the Australian dollar and the euro, higher against rivals in Asia Tuesday, with any strength in European economic data later likely to extend the gains. HSBC’s preliminary PMI for China rose in August from the previous month. While the result remained below the 50 [...]

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RMB 6.3987 vs. USD

Shayne Heffernan — Tue, 23 Aug 2011 06:28:45 +0000

China’s Yuan advances to 6.3987 vs. USD Tuesday The Chinese currency Renminbi (RMB), or the Yuan, gained 10 basis points to 6.3987 per USD Tuesday, according to the China Foreign Exchange Trading system. In China’s foreign exchange spot market, the yuan is allowed to rise or fall by 0.5% from the central parity rate each [...]

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Rating the Rating Agencies

Shayne Heffernan — Tue, 23 Aug 2011 06:02:04 +0000

It is time the Big 3 credit rating agencies are reformed The time has come to reform the 3 major Global credit rating agencies; Moody’s, Standard & Poor’s and Fitch. The Big 3 debt raters were criticized as being a Key cause of the Y 2008 Global financial crisis because they failed to identify risks [...]

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A Look at the AUD/USD

Shayne Heffernan — Mon, 22 Aug 2011 14:37:02 +0000

The parity level is significant support, and that should be respected. We look for consolidation between 1.00 and 1.06 for the next few weeks, with the real risk to the downside in the case of financial worries around the globe. Buying under 1.02 and selling over 1.05 looks like the best strategy in the week [...]

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Gold, Silver and Oil Trading Outlook

Shayne Heffernan — Sun, 21 Aug 2011 15:26:18 +0000

The Overall Fundamentals Gold and Silver + With the exception of Palladium, all precious metals I rose on the week. Silver was the best performer overall, followed by Gold and Platinum. The strength of these precious metals is down to this low interest rate-environment in developed countries, heightening inflationary pressures, political and economic uncertainties. The [...]

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Investing in a Slowdown

Shayne Heffernan — Fri, 19 Aug 2011 18:59:26 +0000

Cash is no longer king and the value of the USD is being eroded which means everyone must rethink their investment strategy and adjust their portfolio holdings. While many think that if they live in the USA and earn in USD nothing will change, I can assure you that those days are over, growing world [...]

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South Korea Falls 6.22%, Rates a Strong Buy

Shayne Heffernan — Fri, 19 Aug 2011 18:36:15 +0000

In South Korean shares ended 6.22 percent lower as market fears grew that the global economy may fall into recession following the announcement of weaker economic data in the U.S., analysts said. South Korea rates a very strong buy at these levels, Shayne Heffernan said today. The economy of the country is sound and growth [...]

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An analysis of the equal weighted indexes underlying the Dow Jones Target Date Index family

Shayne Heffernan — Fri, 12 Aug 2011 15:45:38 +0000

Each Dow Jones Target Date Index is a composite of three major asset class (CMAC) indexes: Dow Jones Global Stock CMAC Index (Stock CMAC), Barclays Capital Bond Composite-Global Index (Bond CMAC), and Barclays Capital Cash Composite-Global Index (Cash CMAC). The Stock CMAC consists of nine pure (non-overlapping) equity sub-asset classes and the Bond CMAC consists [...]

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Europe Bans Shorting

Shayne Heffernan — Fri, 12 Aug 2011 03:56:09 +0000

Short Selling now banned in 4 European countries France, Italy, Spain and Belgium have banned Short Selling on select stocks in an efforts to calm market turmoil that has sent bank shares South and aggravated worries about Europe’s huge debts. The European Union’s (EU) markets supervisor, the ESMA, announced the move late Thursday night after [...]

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Singapore Equity Preview, Golden Agri, Genting, Wilmar

Shayne Heffernan — Tue, 12 Apr 2011 20:12:28 +0000

Singapore will open lower today and the Shayne Heffernan best buys on the dip are Genting Singapore, owner of Resorts World Sentosa, the stock was oversold yesterday down 1.89% to S$2.08 as investors remained excessively wary about the group’s prospects in the face of Singapore’s Casino Regulatory Authority’s investigations into alleged illegal activity relating to [...]

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ASEAN Market Outlook, Keppel, Tisco, DBS

Shayne Heffernan — Sun, 13 Feb 2011 18:22:12 +0000

This is the week to be buying ASEAN Stocks, Thailand, Singapore, Jakarta and Malaysia should all end the week with 2% plus gains. Stocks have shown remarkable resilience as investors buy on any drop in prices, even in the face of what seem like considerable risks. Lots of earnings are due out this week making [...]

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Tisco Financial Group Profits Jump 45%

Shayne Heffernan — Sun, 13 Feb 2011 06:33:12 +0000

Tisco Financial Group, the owner/operator of Bangkok based Tisco Bank and related finance companies, reported surprise 45% growth in net profit for 2010, driven by strong loan growth during economic uncertainty in last year. In Early January 2011 Suthas Ruangmanamongkol, president of Tisco Bank, told reporters the group Expects 2011 net profit to rise 10-15 [...]

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Deal Maker Cannes 2011

Shayne Heffernan — Wed, 09 Feb 2011 07:43:41 +0000

DEAL MAKER CANNES 2011 DEAL MAKER CANNES 2011 is a networking and deal making event limited to just 250 influential CEOs, brokers, wealth managers and other decision makers. All those attending are involved in sectors serving high net worth and ultra high net worth individuals, including luxury real estate, lifestyle and private banking. Located at [...]

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ASEAN Market Outlook, PTT, PTTEP, Resorts World Sentosa

Shayne Heffernan — Mon, 07 Feb 2011 21:25:33 +0000

ASEAN Markets will begin the rally back to record highs today with the exception of Thailand that is still dogged by internal issues. PTT, PTTEP, Resorts World Sentosa are Shayne Heffernan’s best buys for the day. Overnight on Wall St At the close, the Dow Jones Industrial Average was 69.48 points higher, by 0.57 per [...]

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Jakarta Stocks, Borneo Lumbung, London Sumatra

Shayne Heffernan — Mon, 07 Feb 2011 20:09:11 +0000

In Jakarta the Jakarta Composite Index opened flat before moving lower on Monday. With regional markets wavering with uncertainty during the Lunar New Year holiday, the JCI shed 8.46 points, or 0.24 percent, to close at 3,487.71. The mining sector was down 1.18 percent, with coal miner Borneo Lumbung Energy and Metal shedding 3.03 percent [...]

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Higher Food Prices Here to Stay

Shayne Heffernan — Mon, 07 Feb 2011 06:43:11 +0000

Last Week, the UN Food and Agriculture Organization said food prices have reached their highest level since it began measuring them in 1990, and pointed to the political problems that can spark. “Not only is there a risk, but there have already been riots in some parts of the world because of rising prices,” FOA [...]

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Indonesian Banks a Strong Buy, Rakyat, Mandiri, BCA

Shayne Heffernan — Mon, 07 Feb 2011 06:36:58 +0000

5 Indonesian Banks now rank among the world’s 500 most valuable banking brands, according to consultancy company Brand Finance. The Indonesian banks on the list are Bank Rakyat Indonesia, which came in 195th, followed by Bank Mandiri (208), Bank Central Asia (225), Bank Negara Indonesia (256) and Bank Danamon (311). BRI, the second-largest bank in [...]

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ASEAN Stocks, IVL, Ayala, PTT

Shayne Heffernan — Thu, 03 Feb 2011 21:07:28 +0000

ASEAN markets will be very thinly traded today, most are closed for Chinese New Year. Those that are open will trade higher after a strong turnaround in Overnight trading. The Stock Exchange of Thailand (SET) composite index went up 2.76 points or 0.28% to close at 980.60 points at the end of trading session on [...]

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IVL Leads Thai Stocks Higher

Shayne Heffernan — Thu, 03 Feb 2011 18:33:44 +0000

The Stock Exchange of Thailand (SET) composite index went up 2.76 points or 0.28% to close at 980.60 points at the end of trading session on Thursday afternoon. The trade value was 15.27 billion baht. IVL closed at 42.50 baht, up 3.00 baht (7.59%) PTL closed at 31.50 baht, up 3.25 baht (11.50%) PTT closed [...]

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Top 10 dividend stocks for 2011 ASR, NMM, PTNR

Shayne Heffernan — Thu, 03 Feb 2011 18:17:18 +0000

Top 10 dividend stocks for 2011. Seadrill Limited (NYSE:SDRL), Chimera Investment (NYSE:CIM), American Capital Agency (NASDAQ:AGNC), Teekay Tankers (NYSE:TNK), Partner Communications (NASDAQ:PTNR) , Vector Group (NYSE:VGR), Alaska Communications Systems Group (NASDAQ:ALSK), Grupo Aeroportuario (NYSE:ASR) , Pennantpark Investment Corp (NASDAQ:PNNT), Navios Maritime Partners L.P. (NYSE:NMM) HCM has said “Low rates will prevail in 2011 and in [...]

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Singapore Budget Outlook

Shayne Heffernan — Thu, 03 Feb 2011 16:38:26 +0000

In Singapore the New Budget is about to be handed down and Chutinush Taksinapinunt and Issaree Suwunnavid take a look at what to expect in the coming months. Heffernan Capital Management believe the upcoming Singapore Budget will continue to emphasise growth and transformation of the Singapore economy in to a leading smart economy at the [...]

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Deer Consumer Products NASDAQ:DEER Analysts Research

Shayne Heffernan — Thu, 03 Feb 2011 15:17:50 +0000

Chutinush Taksinapinunt of Heffernan capital management has issued a strong buy on Deer Consumer Products, Inc. (NASDAQ: DEER) with a Price Target of $22. A Market Leader in the Small Household and Kitchen Appliances Industry: Deer Consumer Products, Inc. (NASDAQ: DEER) is a U.S. company with its primary operations in China. Founded by the same [...]

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Singapore Stocks, Golden Agri, Indofood, Genting

Shayne Heffernan — Wed, 02 Feb 2011 06:21:05 +0000

In Singapore the Straits Times Index (STI) closed up 26.38pts at 3,211.12. The Singapore market will be closed on Thursday and Friday for the Chinese New Year.The total value of shares traded was S$1 billion, up from S$660 million in the morning session on Tuesday. Palm oil stocks rallied as Malaysian palm oil futures rose [...]

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Philippines Stocks, Ayala Land, Meralco, Ayala Corp

Heffernan Capital Management — Tue, 01 Feb 2011 20:07:11 +0000

In Manila the Philippine Stock Exchange index lost 50.98 points, or 1.31 percent, to end at 3,830.49, the market did not follow the USA lead after an overnight bounce in Wall Street and the 7.3-percent economic growth reported by the government for 2010. The local index is now nearing technical support at 3,800, the index [...]

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Wall St in February

Shayne Heffernan — Mon, 31 Jan 2011 08:13:18 +0000

February has proven to be historically weak in terms of Wall St and that may keep markets around the world fairly flat. Should the market drift on bad earnings in February it could fall as much as 7% according to Shayne Heffernan, the upside is somewhat limited, this is a month to be buying quality [...]

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ASEAN Stocks, Thoresen Thai Agencies, PTT, PTTEP

Shayne Heffernan — Sun, 30 Jan 2011 21:00:43 +0000

ASEAN Markets This Week ASEAN is the place to be buying stocks this week, while media attention shifts to Egypt as a new reason to sell real investors will be bargain hunting. Thailand has had excessive selling over unfounded fears of political unrest and looks like the best place for bargain hunting, PTT, PTTEP, IVL, [...]

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ASEAN Stocks, Keppel, Sembcorp, Timah, San Miguel

Shayne Heffernan — Thu, 27 Jan 2011 20:58:36 +0000

ASEAN will finish the week well with strong local economic indicators and a solid lead from Wall St overnight. The S&P 500 faces technical resistance near 1300, an area where closing and session highs clustered during August 2008. Technical analysts also view 12,000 on the Dow as a possible sell trigger as the blue-chip average [...]

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ASEAN Stocks, IVL, PTT, Ayala, PLDT

Shayne Heffernan — Wed, 26 Jan 2011 21:05:14 +0000

ASEAN to Rally Again ASEAN Markets will see yet another day of gains today after an important overnight session on Wall St, Manila and Bangkok will be capped to some extent by local issues. Shayne Heffernan’s Best Buys are IVL, PTT, Ayala and PLDT. Manila’s terrorist attack and political issues in Thailand will slow those [...]

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High Plains Gas, Revenue over $20m OTC:HPGS, NYSE:MRO, OTC:BCTE

Shayne Heffernan — Wed, 26 Jan 2011 07:50:52 +0000

High Plains Gas OTC:HPGS recently took over a number of Marathon Oil NYSE:MRO assets, yesterday we spoke to Brent Cook CEO of High Plains Gas OTC:HPGS about Marathon Oil NYSE:MRO and Big Cat Energy Corporation OTC:BCTE Exclusive Interview with Brent Cook CEO of HIGH PLAINS GAS INC, OTC:HPGS LTN:What is your growth strategy for the [...]

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Natural Gas Undervalued

Shayne Heffernan — Wed, 26 Jan 2011 07:08:47 +0000

Natural Gas is a strong buy as the annual Spring sell-off begins. Traditionally Natural Gas gets sold off as the end of winter approaches, however this tradition will come in for some big changes. As with most of our investment decisions we are not looking at the short term, we are always looking to buy [...]

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ASEAN Stock Outlook, Axiata, Genting, PTT, PLDT, Petgas

Shayne Heffernan — Tue, 25 Jan 2011 20:56:17 +0000

The Rally began yesterday in Asia and despite a flat USA session overnight it looks set to continue again today. Shayne Heffernan Best Buys are Axiata, Genting, PTT, PLDT, Petgas Thailand is a stand out opportunity again today as foreign investors sell stocks, spooked by political rhetoric from PAD and UDD, the smart money knows [...]

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Kuala Lumpur Stocks, GENTING, IOICORP, AXIATA

Shayne Heffernan — Tue, 25 Jan 2011 20:28:38 +0000

Shayne Heffernan on GENTING, IOICORP, AXIATA In Kuala Lumpur Malaysia the index lost 16.54 points or 1.07% on Tuesday. The Most Active were KBUNAI, HWGB, SAAG, OLYMPIA, HWGB-WB, RAMUNIA, IRCB-WA, RAMUNIA-WA, TALAM and OLYMPIA-WA. Shayne Heffernan noted the rise in volume today and is looking for a rally in Kuala Lumpur later this week. Trading [...]

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PT Bank Mandiri (BMRI) to Raise $1.3bUS

Shayne Heffernan — Tue, 25 Jan 2011 09:56:23 +0000

Shayne Heffernan Strong Buy PT Bank Mandiri (BMRI), Indonesia’s biggest lender, will to raise 11.69 trillion rupiah ($1.3 billion) in a rights issue, set to be Indonesia’s second-biggest rights offering, based on the term sheet HCM has received. The Bank Mandiri rights issue price indication of 5,000 rupiah per share, just below the mid point [...]

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Jakarta Stocks, Sampoerna, Gudang Garam, United Tractors

Shayne Heffernan — Mon, 24 Jan 2011 20:25:27 +0000

In Jakarta, the JCI lost 33.48 points, or 0.99 percent, to close at 3,346.06 on Monday. About 2.5 billion shares worth Rp 4.1 trillion ($450 million) changed hands. Decliners led gainers 152 to 67. The index lost 5.6 percent last week. HM Sampoerna, the country’s largest cigarette maker, slipped 2.6 percent to Rp 25,900 and [...]

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The Heffernan Report, NYSE:GS, NYSE:FCX, NYSE:CVX, S&P 500

Shayne Heffernan — Sun, 23 Jan 2011 19:07:24 +0000

Goldman Sachs Group, Inc. NYSE:GS, Freeport-McMoRan Copper & Gold Inc. NYSE:FCX, ConocoPhillips NYSE:COP, Chevron Corporation NYSE:CVX, NYSE:GS, NYSE:FCX, NYSE:CVX, S&P 500 Trading Outlook Last week we saw a much needed slowdown around the World. Many markets are now near multi year highs and investor sentiment has seen its strongest test of the rally and the [...]

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Strong Buy PT Bank Mandiri (Persero) Tbk

Shayne Heffernan — Sun, 23 Jan 2011 14:13:50 +0000

Shayne Heffernan has issued a Strong Buy PT Bank Mandiri (Persero) Tbk with a Price target of 9000RP by 2012. Bank Mandiri is the largest bank in Indonesia in terms of total assets, loans and deposits. As per 31st December 2009, it has IDR 394.6 trillion (US$42 billion) in total assets. The Bank offers a [...]

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Thailand Luxury Beach Resort

Shayne Heffernan — Sun, 23 Jan 2011 13:09:00 +0000

White Sand Beach Resort in Pattaya Thailand is the latest offering from developer Apex Development Public Company Limited. Apex’s new executive management team is led by Mr. Pongphan Sampawakoop who has more than 30 years experience in property development. The new entity is focused on maximizing growth and profit for stock holders. The company has [...]

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Gold, Silver, Oil Trading Report NYSE:USO, NYSE:SLV, NYSE:GLD

Shayne Heffernan — Sun, 23 Jan 2011 12:49:19 +0000

SPDR Gold Trust (ETF), NYSE:GLD, iShares Silver Trust (ETF), NYSE:SLV, United States Oil Fund LP (ETF), NYSE:USO NYSE:USO, NYSE:SLV, NYSE:USO The Overall Fundamentals NYSE:USO, NYSE:SLV, NYSE:GLD Gold and Silver Gold and Silver declined last week on worries about monetary tightening. In decline over the past 3 weeks, the benchmark contract for Gold has now reached [...]

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Shayne Heffernan Top 10 Dividend Stocks

Shayne Heffernan — Sat, 22 Jan 2011 16:07:55 +0000

Shayne Heffernan has released his top 10 dividend stocks. Seadrill Limited (NYSE:SDRL), Chimera Investment (NYSE:CIM), American Capital Agency (NASDAQ:AGNC), Teekay Tankers (NYSE:TNK), Partner Communications (NASDAQ:PTNR) , Vector Group (NYSE:VGR), Alaska Communications Systems Group (NASDAQ:ALSK), Grupo Aeroportuario (NYSE:ASR) , Pennantpark Investment Corp (NASDAQ:PNNT), Navios Maritime Partners L.P. (NYSE:NMM) Shayne Heffernan has said “Low rates will prevail [...]

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Trading a Food Crisis

Shayne Heffernan — Wed, 19 Jan 2011 07:12:03 +0000

The United Nations Food and Agricultural Organisation said record food prices in December were 25 per cent higher than a year earlier. The warning follows a key world Food Price Index reaching a record 215 points in December, up 4 per cent from November and one point above its previous record during the food crisis [...]

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Thailand Hot Stocks, CPF, PTTEP, UVAN, IVL

Shayne Heffernan — Tue, 18 Jan 2011 10:46:43 +0000

Food – Auto – Electronics – Energy – Big Players in Thailand Next Year The industrial sectors expected to drive Thailand economic growth next year are processed foods, automobiles and auto parts, electronic components, hard-disc drives and parts (HDD), and energy productions, said the secretary-general of the Board of Investment (BoI), Atchaka Sibunruang. BoI expected [...]

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Dividend Research NYSE:RSO, NYSE:NLY, NYSE:CIM, NYSE:AGNC

Shayne Heffernan — Fri, 14 Jan 2011 14:39:46 +0000

Research Released on Resource Capital (NYSE:RSO), Annaly Capital (NYSE:NLY),Chimera Investment (NYSE:CIM), American Capital Agency (NASDAQ:AGNC) Shayne Heffernan has affirmed his strong buy on 4 dividend stocks as stand out investments in 2011. Resource Capital (NYSE:RSO), Annaly Capital (NYSE:NLY),Chimera Investment (NYSE:CIM), American Capital Agency (NASDAQ:AGNC) “Low rates will prevail in 2011 and in looking for an [...]

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ASEAN Market Outlook Straits Asia Resources, SapuraCrest, SingTel, PTT

Shayne Heffernan — Wed, 12 Jan 2011 22:29:56 +0000

ASEAN is Set to Rally Straits Asia Resources, SapuraCrest, SingTel, PTT ASEAN Market will rally this morning after positive leads from the USA over night. Best buys today are Straits Asia Resources, SapuraCrest, SingTel, PTT Oil and Gas will feature today in ASEAN trading as will agricultural stocks. Overall demand for ASEAN goods and Services [...]

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ASEAN Market Outlook, Golden Agri, Tiger Airways, PTT, Genting, UOB

Shayne Heffernan — Mon, 10 Jan 2011 21:14:14 +0000

ASEAN will open lower today, but will be helped by positive results at Alcoa NYSE:AA over night. US stocks lost ground on Monday, with the Dow and S&P 500 heading for a third straight session of losses, as a once-buoyant market sagged at the start of the earnings season. The euro zone debt crisis weighed [...]

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The Hot List SIRI, ARWD, NXPN, LVS, NLY, CIM

Shayne Heffernan — Mon, 10 Jan 2011 13:52:35 +0000

The Hot List SIRI, ARWD, NXPN, LVS, NLY, CIM, SIRI:NASDAQ, Chutinush Taksinapinunt of Heffernan Capital Management has upgraded SIRIUS XM RADIO INC SIRI:NASDAQ to a buy. • BMW Motorcycles and SIRIUS XM Radio (Nasdaq: SIRI) announced that beginning with January 2011 production, BMW Motorcycles will offer SIRIUS • SIRIUS XM has arrangements with every major [...]

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United States Natural Gas Fund NYSE:UNG Upgrade

Shayne Heffernan — Fri, 07 Jan 2011 11:39:42 +0000

United States Natural Gas Fund NYSE:UNG Natural gas futures were climbing this morning on a report that U.S. gas stockpiles in the past week fell more than expected. Gas will start to rally in a big way during 2011 making UNG a stand out buy. Our price target is $10. The U.S. Energy Information Administration [...]

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Strong Buy Toyota Motor Corporation (ADR) NYSE:TM

Shayne Heffernan — Thu, 06 Jan 2011 07:18:11 +0000

Shayne Heffernan has issued a strong buy on Toyota Motor Corporation (ADR) NYSE:TM with a price target of $100 in 2011 based on the latest car sales in Japan. The number of new cars, trucks and buses excluding mini vehicles sold in the country last year came to 3,229,716 units, up 10.6 per cent from [...]

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Best Dividend Stocks to Own NYSE:RSO, NYSE:NLY, NYSE:CIM, NYSE:AGNC

Shayne Heffernan — Wed, 05 Jan 2011 18:57:41 +0000

Shayne Heffernan has affirmed his strong buy on 4 dividend stocks as stand out investments in 2011. Resource Capital (NYSE:RSO), Annaly Capital (NYSE:NLY),Chimera Investment (NYSE:CIM), American Capital Agency (NASDAQ:AGNC) “Low rates will prevail in 2011 and in looking for an alternative” said Shayne Heffernan, he added “we expect to see a shift to more funds, [...]

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CapitaLand retail chief Pua Seck Guan IPO Perennial Real Estate

Shayne Heffernan — Wed, 05 Jan 2011 16:05:28 +0000

Perennial intends to list a business trust in Singapore that will comprise mostly shopping malls in China, said the sources, who declined to be named because the matter has not been made public. Perennial Real Estate, a firm set up by former CapitaLand retail chief Pua Seck Guan, has hired Goldman Sachs, DBS and Standard [...]

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Singapore Higher, CapitaLand, Genting, Golden Agri-Resources

Shayne Heffernan — Wed, 05 Jan 2011 15:58:48 +0000

In Singapore the STI closed higher on Wednesday although investors were mostly cautious. On the street traders told Heffernan Capital Management that the market was awaiting fresh data from the US especially the unemployment report due on Friday The ST index edged up 3.96 points to 3,254.25 on a volume of 2,028 million shares. In [...]

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Natural Gas Buys NYSE:UNG, OTC:NXPN, NYSE:WES

Shayne Heffernan — Wed, 05 Jan 2011 15:50:04 +0000

United States Natural Gas Fund, LP NYSE:UNG, High Plains Gas Inc OTC:NXPN, Western Gas Partners, LP NYSE:WES United States Natural Gas Fund, LP (USNG) is a limited partnership. The Company is a commodity pool that issues limited partnership interests (units) traded on the NYSE Arca, Inc. (the NYSE Arca). The investment objective of USNG is [...]

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Singapore STI at 3235, Keppel, Sembcorp

Shayne Heffernan — Mon, 03 Jan 2011 10:34:16 +0000

Singapore STI rallied on Monday, helped by strong economic data. The Singapore economy grew at a record 14.7 percent in 2010 as the export-dependent country bounced back from the global downturn.The performance beat its previous best of 13.8 percent in 1970 and made Singapore Asia’s best performing economy of the year. The ST index jumped [...]

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A look at the 1st Decade of the 21th Century

Shayne Heffernan — Fri, 31 Dec 2010 20:47:53 +0000

“It was the best of times, it was the worst of times.” — Charles Dickens In light of the World’s economy, the 1st Decade of the 21st Century hilighted crises, prosperity, progress, rises and falls. If you recall World was still in chaos in the 1990′s after the end of the Cold War, since then [...]

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2011 Dividend Hot List NYSE:RSO, NYSE:NLY, NYSE:CIM, NYSE:AGNC

Shayne Heffernan — Fri, 31 Dec 2010 12:31:27 +0000

Shayne Heffernan has selected 4 dividend stocks as stand out investments in 2011. Resource Capital (NYSE:RSO), Annaly Capital (NYSE:NLY),Chimera Investment (NYSE:CIM), American Capital Agency (NASDAQ:AGNC) “Low rates will prevail in 2011 and in looking for an alternative” said Shayne Heffernan, he added “we expect to see a shift to more funds, managers and institutions buying [...]

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Global Economy 2011

Shayne Heffernan — Fri, 31 Dec 2010 07:19:51 +0000

As Equities ease a bit, hopes run high for Y 2011 Global equities were mainly on the defensive Thursday, while the Swiss franc hit record highs against the USD and Euro as light trading characterized he markets. As the year comes to a end, optimism is high that Y 2011 will see further gains for [...]

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Malaysia 2011 Economic Outlook

Shayne Heffernan — Fri, 31 Dec 2010 07:12:12 +0000

Malaysian economy still faces challenges ahead The Malaysian economy has grown rapidly in Y 2010, and is very likely to attain an annual seven percent gross domestic product (GDP) growth. But the year ahead still poses challenges to the third largest economy in Southeast Asia. While the Malaysian government and some economists believe the Malaysian [...]

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Paul Ebeling Wall St Report, CRM, AAPL, ORCL, RIMM, STD, RBS

Shayne Heffernan — Mon, 20 Dec 2010 08:13:29 +0000

Watching the VIX: The CBOE Volatility index .VIX fell to its lowest level since April, dropping 7.4% to 16.11. Some indicators are pointing: to an “Overbought” market such as high levels of Bullishness, often seen as a contrarian indicator, as well as a high Call to Put ratio, indicating players may be complacent about hedging [...]

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HCM Emerging Markets M&A, Bangkok, Singapore, New York

Shayne Heffernan — Fri, 17 Dec 2010 15:42:38 +0000

At HCM our strong regional experience combined with unparalleled local knowledge about markets and opportunities helps potential acquirers identify the right M&A target and to approach the target’s shareholders in the most appropriate manner to negotiate the transaction, taking into account customs and regulations of the respective country. Our extensive experience in handling cross-border, cross-cultural [...]

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ASEAN Market Outlook, Singapore, Thailand, Malaysia, Indonesia

Shayne Heffernan — Thu, 02 Dec 2010 21:17:07 +0000

ASEAN is Set for further gains today after good economic data lifted Wall St Overnight. Financial stocks led Wall Street higher on Thursday after the European Central Bank left in place a liquidity safety net for vulnerable banks. The KBW bank index shot up 3.2 per cent. The S&P 500 financial index rose 2.3 per [...]

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Bursa Malaysia Over 1500, CIMB, Kepong, Petronas

Shayne Heffernan — Thu, 02 Dec 2010 12:39:13 +0000

In Kuala Lumpur the Bursa Malaysia was up 17.80 points to close at 1,503.22, after opening 7.11 points higher at 1,492.53 Thursday morning. At close, the Finance Index jumped 114.77 points to 13,615.22, the Industrial Index increased 39.59 points to 2,864.58 and the Plantation Index expanded 71.06 points to 7,801.08. Buying interest in oil palm-based [...]

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Report on Gold, Silver and Crude Oil

Shayne Heffernan — Thu, 02 Dec 2010 12:04:29 +0000

Red’s Mid-week Report on Gold, Silver and Crude Oil 1 December 2010 Paul A. Ebeling, Jnr. www.livetradingnews.com The Fundamental Overview The USD traded mixed against major currencies in late New York trading Wednesday as the Euro rebounded on speculation that the European Central Bank (ECB) may take action to curb the recent losing streak. The [...]

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Strong Buy on Seagate Technology PLC, NASDAQ:STX

Shayne Heffernan — Tue, 30 Nov 2010 06:50:21 +0000

Seagate Technology PLC NASDAQ:STX has ended discussions about a private equity buyout and instead has won board approval to buy back $2 billion of its own shares making the company a very strong buy according to Shayne Heffernan of Ebeling Heffernan. The reason given for ending buyout talks was “the indications of the valuation range [...]

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Shayne Heffernan Global Market Outlook

Shayne Heffernan — Sun, 28 Nov 2010 12:22:40 +0000

Chimera Investment (NYSE:CIM), Grupo Aeroportuario (NYSE:ASR), Formula Systems (NASDAQ:FORTY), American Capital Agency (NASDAQ:AGNC) Wall St Outlook Europe’s problems continue but not even they will stop a Wall St Rally this week, strong holiday spending and a much improved US employment situation will be enough to lift the Street this week. The same fear mongering headlines [...]

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EU to tighten partnership with China

Shayne Heffernan — Sun, 28 Nov 2010 07:33:26 +0000

Hamburg Summit tells EU to tighten partnership with China The 4th Hamburg Summit, Europe’ s largest Sino-European business conference, ended Friday with consensus that China and Europe should stand closer than ever in front of various Global challenges and vast opportunities. “Approximately 400 decision makers from more than 15 countries have gathered” in Hamburg in [...]

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Analyst Report SunVic Chemical Holdings

Shayne Heffernan — Thu, 25 Nov 2010 16:07:25 +0000

Woraphop Viriyaroj has initiated a strong buy on SunVic and Shayne Heffernan has placed a $1.50 price target on the stock for 2011. Sunvic rates a very strong buy in this market. SunVic Chemical Holdings Limited is an investment holding company. The principal activities of the Company and its subsidiaries are those relating to the [...]

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Jakarta Falls, Bank Rakyat, Bank Negara, Astra Agro Lestari

Shayne Heffernan — Tue, 23 Nov 2010 18:54:53 +0000

In Jakarta the JCI declined for the first time in five days, losing 63.04 points, or 1.7 percent, to close at 3,678.19. About 7.5 billion shares worth Rp 5.4 trillion ($604 million) changed hands. Decliners outnumbered gainers 166 to 53. Finance stocks led declines on the JCI, with Bank Rakyat Indonesia, the nation’s second-largest lender [...]

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ASEAN Market Outlook, Astra Agro Lestari, PTT, CPF, San Miguel, OLAM

Shayne Heffernan — Mon, 22 Nov 2010 21:24:16 +0000

ASEAN Markets will come under pressure today after yet another European Debt Crisis and new FBI raids on Goldman Sachs. Agriculture and Raw Materials are still our main focus across Asia. U.S. stocks trimmed losses as a rally in technology and retail shares offset a drop in banks after federal agents raided three hedge funds [...]

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Philippines Trades Flat Ayala Land Inc., Metro Pacific Investments Corp , San Miguel Corp

Shayne Heffernan — Mon, 22 Nov 2010 19:50:28 +0000

In Manila the Philippine Stock Exchange index was down 16.71 points or about 0.4 percent to 4,186.89. The decline was led by the holding firms which fell by 1.42 percent. Only the financial counter bucked the day’s downturn, buoyed by gains posted by Metropolitan Bank & Trust Co. and Banco de Oro Unibank which earlier [...]

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ASEAN Outlook PTT, PTTEP, BANPU, Yee Lee, OLAM, Genting, Sembcorp

Shayne Heffernan — Sun, 21 Nov 2010 22:07:31 +0000

ASEAN Markets look set to rally, China is the only concern. Black Friday in the USA, when Americans traditionally get serious about holiday shopping, could sway stocks next week if it looks like the economy will get a pop from consumer spending, The Irish situation regarding banking has been solved and all looks set for [...]

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ASEAN Outlook, PTT, PTTEP, Genting, Sembcorp, IVL

Shayne Heffernan — Thu, 18 Nov 2010 21:00:46 +0000

ASEAN Markets will rally hard today after a strong night on Wall St. Our best buys today are PTT, PTTEP, Genting, Sembcorp, IVL Reflecting less uncertainty in the market, the CBOE Volatility index, Wall Street’s so-called fear gauge, fell 12.1 per cent at 19.13 after remaining above 20 for most of the week. In economic [...]

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Bangkok Over 1000, PTT, Banpu, IVL, PTTEP

Shayne Heffernan — Thu, 18 Nov 2010 20:33:13 +0000

The Stock Exchange of Thailand (SET) composite index went up 14.59 points or 1.47% to close at 1,004.72 points at the end of trading session on Thursday afternoon. The trade value was 30.96 billion baht. Straits Resources Limited has reportedly agreed to sell off its coal assets to Thailand energy PTT firm for AUD 544.1 [...]

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Jakarta Rally’s into Close, Harum Energy, Indika Energy

Shayne Heffernan — Thu, 18 Nov 2010 20:20:36 +0000

In Jakarta the JCI rose 3.88 points, or 0.1 percent, to close at 3,677.9. About 14.9 billion shares worth Rp 6.5 trillion ($728 million) changed hands. Gainers outnumbered decliners 109 to 97. This came after the stock exchange closed on Wednesday in observance of Idhul Adha, the Islamic Day of Sacrifice. Coal stocks led Thursday’s [...]

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Sembcorp Marine S51 Closes $195m Sale

Shayne Heffernan — Wed, 17 Nov 2010 09:48:42 +0000

Ebeling Heffernan strong buy, Singapore listed Sembcorp Marine’s subsidiary PPL Shipyard has signed a US$195 million contract to sell a jack-up rig, already under construction, to Transocean Ltd, the world’s largest drilling contractor and the leading provider of drilling management services worldwide. The jack-up rig is based on PPL Shipyard’s latest proprietary design, the Pacific [...]

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Hollywood Earnings Call:Viacom, NYSE:VIA, NYSE:VIA-B

Shayne Heffernan — Sat, 13 Nov 2010 17:31:52 +0000

Hollywood Earnings Call:Viacom, NYSE:VIA, NYSE:VIA-B future film slate. Hollywood Earnings are growing fast, fewer players and a new business model are getting things on the move. The Holiday Season is coming and Box Office Business has been strong all year and set to grow in 2011. Read Our Hollywood Hot List Here Lions Gate Entertainment, [...]

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ASEAN Market Outlook, CPF, OCBC, AXIATA, PERISAI, ARWD

Shayne Heffernan — Thu, 11 Nov 2010 21:24:51 +0000

Another flat to higher days trading in ASEAN today, exchanges are sitting at all time highs and are waiting on a solid lead from China or the USA to head towards the next level. The numbers and general momentum in both markets are good, today however Analysts over reacted to the CSCO outlook, this had [...]

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Bursa Malaysia fell 0.94%, AXIATA, PERISAI, KNM, PMETAL

Shayne Heffernan — Thu, 11 Nov 2010 18:32:45 +0000

In Malaysia the Bursa Malaysia fell 0.94% to close at 1513.70. The Active stocks include SCOMI, MUHIBAH, SAAG, CNI, KENCANA, AXIATA, PERISAI, KNM, PMETAL and OSK. Trading volume declined to 1576.62 mil shares worth RM2279.65 mil as compared to Wednesday’s 1741.46 mil shares worth RM2274.51 mil. The Losers were MAYBANK (-17 sen to RM9.10), PPB [...]

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Jakarta Lower, Agung Podomoro IPO

Shayne Heffernan — Thu, 11 Nov 2010 18:21:29 +0000

In Jakarta the JCI lost 12.35 points, or 0.3 percent, to close at 3,744.62. Volume was heavy with about 10.6 billion shares valued at Rp 10.9 trillion ($1.22 billion) changing hands. Decliners outnumbered gainers 138 to 79. Taking into account the JCI’s 47 percent gain this year, the decline was a normal correction, said Budi [...]

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Arrow Resources OTC:ARWD Adds to Indonesia Agriculture Business

Shayne Heffernan — Thu, 11 Nov 2010 17:27:20 +0000

Arrow Resources Development, Inc. (OTCBB: ARWD) along with PT Tiga Daun (The Companies), its joint venture partner with offices in Jakarta, Indonesia , is currently composing a deployment plan for the additional 500,000 hectares (ha) of critical land which the Companies are to receive. The Companies are committed to continue with its mandate to responsibly [...]

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Wall St Falls CSCO, JPM, WFG, BAC

Shayne Heffernan — Thu, 11 Nov 2010 16:52:17 +0000

Cisco shakes Wall St, JPMorgan Chase & Co., Wells Fargo & Co. and Bank of America Corp. paced losses in banks. The Standard & Poor’s 500 Index sank 0.9 percent to 1,207.82 at 10:53 a.m. in New York as Cisco plunged the most in more than 16 years on a closing basis. The Stoxx Europe [...]

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ASEAN Market Outlook, DBS, PTT, UVAN, Ayala, IVL, Yee Lee

Shayne Heffernan — Wed, 10 Nov 2010 21:15:51 +0000

ASEAN Markets look set for a broad based rally today after a positive night in US markets. News on US Jobs and a Shrinking US Trade Gap will help ASEAN Markets build on their incredible rally in 2010.US stocks erased their morning losses Wednesday, moving tepidly in and out of positive territory in late trading [...]

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Strong Buy on Universal Insurance Holdings, Inc. AMEX:UVE

Shayne Heffernan — Wed, 10 Nov 2010 20:00:15 +0000

Shayne Heffernan of Ebeling Heffernan has released a strong buy on Universal Insurance Holdings, Inc. AMEX:UVE (UIH) with a price target of $8.20 in 2011. Universal Insurance Holdings, Inc. AMEX:UVE incorporated on November 13, 1990, is a vertically integrated insurance holding company. The Company, through its subsidiaries, is engaged in insurance underwriting, distribution and claims. [...]

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Best Dividend Buys, GS, HTS, TNK, KCAP, NLY, UVE

Shayne Heffernan — Tue, 09 Nov 2010 08:00:57 +0000

Dividend Hot List Ebeling Heffernan are not the only ones keen on dividend stocks, Goldman Sachs analysts are also spotlighting dividends in their weekly markets note published late Friday. Goldman Sachs Said “ Dividends for Financials are expected to rise by 26% in 2011 and 24% in 2012. Even with 25% growth, Financials will pay [...]

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ASEAN Outlook, Golden-Agri, PDLT, Bumi, PTT, Adaro Energy

Shayne Heffernan — Mon, 08 Nov 2010 21:21:01 +0000

ASEAN Markets are set to consolidate today after a flat night in the USA. Ebeling Heffernan Strong Buys Golden-Agri, PDLT, Bumi, PTT, Adaro Energy all outperformed. Today we are looking for bargains, Yee Lee, STX, IVL, Olam, Banpu, PDLT. Over night in the USA the Dow Jones industrial average shed 41.10 points, or 0.36 per [...]

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Paul Ebeling Wall St Outlook GS, JPM, CBS, CROCS

Shayne Heffernan — Mon, 08 Nov 2010 14:10:53 +0000

Re-cap of the US Stock Market Action for the Week/Month ending 5 November 2010. Bull Trader Alert: The S&P 500 has risen about 16% since September and the indexes rose to a 2 yr Thursday, but players began to question how long the up-ward trend could continue without a “pause to refresh”. The technical barrier, [...]

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Dark Pool Trading, Citibank, JPM, SGX, HCM

Shayne Heffernan — Sun, 07 Nov 2010 17:06:22 +0000

Dark Pool trading is taking off in Asia. Chi-X Europe is among Europe’s largest equity exchanges, allowing participants to trade equities across major European markets at significantly lower costs and faster speeds than many of the markets of listing. www.chi-x.com Chi-X is setting up in Singapore and will be offering dark pool trading locally in [...]

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ASEAN Market Weekly Summary, Yee Lee, UOB

Shayne Heffernan — Fri, 05 Nov 2010 20:26:15 +0000

Another strong week on the ASEAN Markets with all Exchanges now trading at Multi Year highs. In Jakarta the JCI advanced 26.26 points, or 0.7 percent, to 3,665.31 by close of trading. About 5.6 billion shares worth Rp 52.2 trillion ($5.85 billion) changed hands. Gainers outnumbered decliners 120 to 85. Mining stocks led the day’s [...]

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ASEAN Markets to Surge, IDX, THD, ARWD, Olam, CIMB

Shayne Heffernan — Thu, 04 Nov 2010 19:46:16 +0000

ASEAN Markets will surge today after a strong showing on Wall St Overnight. The rally lifted most sectors almost five stocks rose for every one that fell on the New York Stock Exchange. In Kuala Lumpur the Bursa Malaysia rose 0.27% to close at 1511.74 points on continued local and overseas interest. Most actively traded [...]

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LTN Wins Interactive Media Award

Shayne Heffernan — Thu, 04 Nov 2010 11:10:59 +0000

The Live Trading News Website has won the IMA Outstanding Achievement Award in the Financial Information Category. The Interactive Media Awards™ recognize the highest standards of excellence in website design and development and honor individuals and organizations for their outstanding achievement. Created by the Interactive Media Council, Inc. (IMC), a nonprofit organization of leading web [...]

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Indonesia keeps Key rate at 6.5%

Shayne Heffernan — Thu, 04 Nov 2010 10:38:01 +0000

Indonesia keeps Key rate at 6.5% The Indonesian central bank on Thursday kept interest rates on hold at 6.5% as the inflation outlook allowed the bank to delay the hike that could trigger more foreign capital inflow, the bank said in a statement. Indonesia’s inflation in October slowed down to 5.67% from 5.80% in September, [...]

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Strong buy on UOB Target $26

Shayne Heffernan — Tue, 02 Nov 2010 21:03:35 +0000

Shayne Heffernan of Ebeling Heffernan has issued a strong buy on UOB Bank Singapore with a price target of $26 in 2011. United Overseas Bank Limited (UOB or the Bank) is principally engaged in the business of banking in all its aspects, including the operation of an Asian Currency Unit under the terms and conditions [...]

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