Saudi Arabia Enters the Entertainment World with $2.7-B Investment

Saudi Arabia Enters the Entertainment World with $2.7-B Investment

Saudi Arabia Enters the Entertainment World with $2.7-B Investment Saudi Arabia’s sovereign wealth fund is creating an entertainment investment company as the conservative Kingdom loosens it reins on the fun zone. The Kingdom’s Public Investment Fund announced Wednesday it will develop the new company with an initial capitalization of $2.7-B Its aim will be to […]

Focus on Gold, Silver, Precious Metals Mining and Royalty Streaming

Focus on Gold, Silver, Precious Metals Mining and Royalty Streaming

Focus on Gold, Silver, Precious Metals Mining and Royalty Streaming $GLD, $SLV, $EXCFF, $IBM, $WMT To start this is gold’s step sum chart going back to November 2010.  For almost a year (November 2010 to August 2011) gold’s step sum saw an amazing ascent; rising from 220 to 275 (55 net advancing days) in a […]

China’s FDI Dives After PBOC Curbs

China’s FDI Dives After PBOC Curbs

China’s FDI Dives After PBOC Curbs China’s investment in other countries has taken a deep dive since Beijing tightened controls to cool surging spending on assets deemed unneeded for Chinese economic development. Outward investment, aka FDI (foriegn direct investment), in the 1st 8ht months of this year fell 41.8% rom a year earlier to $68.7-B, […]

Bitcoin Investment Opportunities

Bitcoin Investment Opportunities

Magical Internet Money Hits $5k The decentralized currency Bitcoin has rallied hard this year, climbing from $1,000 per BTC on January 1st to $5,000 per BTC on the first of September. The digital asset had a substantial market capitalization of approx. $82.6B with only 16.5 million bitcoins currently in circulation. Further, bitcoin trade volume has […]

Australian Dollar Outlook

Australian Dollar Outlook

Australian Dollar Outlook Christina Parthenidou, XM Investment Research Desk Last week the Reserve Bank of Australia decided to hold cash rates at a record low of 1.5% and maintained its optimism about the future economic performance of the country, the Australian Bureau of Statistics (ABS) published the GDP growth figures for the second quarter on Wednesday. These surprised […]

Brambles Ltd (BXB.AX) Soon To Outperform

Brambles Ltd (BXB.AX) Soon To Outperform

Needle moving action has been spotted in Brambles Ltd (BXB.AX) as shares are moving today on volatility -0.11% or $-0.01 from the open. The ASX listed company saw a recent bid of $9.34 and 2640000 shares have traded hands in the session. Market watchers diligently track the companies they think can do well to grow earnings. The goal is typically to discover […]

Woolworths Shares Not Worth Buying

Woolworths Shares Not Worth Buying

Is the Woolworths Limited (ASX: WOW) share price a bargain at $26? To understand and answer that question we need to know the difference between price and value. What are Woolworths shares worth? I run my own valuations on shares. You would need to take into account any growth from its supermarkets, liquor sales, cost-outs and competition. Currently, […]

Commonwealth Bank Money Laundering Scheme

Commonwealth Bank Money Laundering Scheme

The Commonwealth Bank has responded to revelations it failed to monitor transactions in the USA, Asia and Europe. An internal review of the bank’s compliance with Australian and global anti-money laundering and counter terrorism laws reportedly showed large-scale failures in transaction monitoring across a multitude of businesses around the world, according to Sky News Business. Sky […]

ASX – $6.1 Million Loss For The Financial Year

ASX – $6.1 Million Loss For The Financial Year

Fractional property investment platform, DomaCom has reported a $6.1 million loss for the financial year ended 30 June. The company, which listed on the Australian Securities Exchange (ASX) in November last year and raised $7.3 million, said the result was still in line with its expectations and reflected its early stage position. At the same […]

Thailand’s Strong Baht and Stock Market Rally

Thailand’s Strong Baht and Stock Market Rally

Thailand’s strong baht and stock market rally are in line with economic fundamentals, the central bank governor said on Wednesday, as the currency hovered around 28-month highs against the U.S. dollar. The moves have been driven by stronger economic growth and easing political uncertainty, Veerathai Santiprabhob told reporters. Southeast Asia’s second-largest economy expanded a more […]

Qantas To Cut Costs For Tourism

Qantas To Cut Costs For Tourism

The West Australia government says Qantas’ 12-month trial of discounted airfares for residents in six regional towns is a response to the launch of a parliamentary inquiry. The government hopes it will lead to further cheaper intrastate flights. From November, Qantas will offer a discount of between 10 per cent and 30 per cent for […]

Fortescue Share Price Low

Fortescue Share Price Low

Although the market has bounced back from yesterday’s decline and is up 0.3% in morning trade, the Fortescue Metals Group Limited (ASX: FMG) share price and the Atlas Iron Limited (ASX: AGO) share price have sunk deep into the red. At the time of writing the shares of the two leading iron producers are down 2.5% and 5%, respectively. Why have […]

Telstra Struggling Business

Telstra Struggling Business

Telstra is expected to start considering the future of its struggling health business as it looks to cover its $3 billion revenue black hole and the forgone benefits of its NBN earnings secularization plan. Telstra has given guidance that a 22c dividend payment is likely in 2018 and Citi analysts forecast that will be made […]

Commonwealth Bank – Australia’s Banking System Trust Damaged

Commonwealth Bank – Australia’s Banking System Trust Damaged

The Australian community’s trust in the banking system has been damaged in recent years, and CBA in particular has been negatively impacted by a number of issues that have affected the reputation of the bank. Treasurer Scott Morrison said there had been more than 12 compliance “issues” at the bank since 2008, and the board and […]

ASX – Pet Owners To Have Legal Cannabis In The Near Future

ASX – Pet Owners To Have Legal Cannabis In The Near Future

Pet owners may soon be one step closer to accessing medical cannabis as a pain-reliever for their furry friends thanks to CannPal, a Sydney-based pharmatech startup that is looking to raise $6 million when it lists on the Australian Securities Exchange later this year. CannPal wants to develop cannabis-based products to aid veterinarians in administering […]

BHP Billiton Limited – Strong Buy Rating

BHP Billiton Limited – Strong Buy Rating

BidaskClub upgraded shares of BHP Billiton Limited (NYSE:BHP) from a buy rating to a strong-buy rating in a research note published on Saturday. A number of other equities analysts have also recently issued reports on BHP. Zacks Investment Research upgraded shares of BHP Billiton Limited from a strong sell rating to a hold rating in a research note on […]

Trading Outlook – Sell EUR, Buy GBP

Trading Outlook – Sell EUR, Buy GBP

While we remain structurally bearish on GBP, we think EUR/GBP is due some mcorrection in the short-term. The cross is technically stretched with the 14-day RSI running above 80, a level it has reached only four times since 2008. Moreover, Bank of England pricing looks very dovish again with no hikes priced until late 2019. While we […]

Singapore Airlines Ltd. (SGX:C6L) Phishing Scams

Singapore Airlines Ltd. (SGX:C6L) Phishing Scams

Singapore Airlines Ltd. (SGX:C6L) Phishing Scams If you have received an e-mail telling you that Singapore Airlines is giving away free tickets for its 70th anniversary, be on your guard. Scammers have been phishing for users’ personal data this way since Thursday (Aug 24), an SIA spokesman told The Straits Times on Saturday. “We have […]

Beijing Has “New Rules” for Outbound Investment

Beijing Has “New Rules” for Outbound Investment

Beijing Has “New Rules” for Outbound Investment China has codified its rules on overseas investments, making explicit its campaign against irrational acquisitions of assets in industries ranging from real estate to hotels and entertainment. The authorities set out 3 categories: Banned, Restricted and Encouraged (see the lists below) Beijing has outlawed investments in gambling and sex […]

Ferrari (NYSE:RACE) Trading Above Its 50-Day MA

Ferrari (NYSE:RACE) Trading Above Its 50-Day MA

Ferrari (NYSE:RACE) Trading Above Its 50-Day MA $RACE Ferrari shares outperform Ferrari (NYSE:RACE) finished Wednesday at 110.95 significantly higher than the 50-Day MA at 99.00 and which is way above the 200-Day MA at 81.32. The 50-Day MA moved up 11.26%whereas the 200-Day MA is +35.59%. RACE shares saw light trading volume with 376-K/shares changing hands […]

Singapore Airlines Ltd. (SGX:C6L) HEFFX Highlights

Singapore Airlines Ltd. (SGX:C6L) HEFFX Highlights

Singapore Airlines Ltd. (SGX:C6L) HEFFX Highlights Singapore Airlines and Latin American carrier Avianca have signed a codeshare deal The codeshare, which will begin from September, will see Singapore Airlines (SIA) place its SQ code on Avianca’s flights from Heathrow and Barcelona to Bogota in Colombia. Conversely, Avianca will place its AV code on SIA’s flights […]

Jiutian Chemical Group Limited (SGX:C8R) HEFFX Highlights

Jiutian Chemical Group Limited (SGX:C8R) HEFFX Highlights

Jiutian Chemical Group Limited (SGX:C8R) HEFFX Highlights Jiutian Chemical Group Limited (Catalist:C8R) has a Piotroski F-Score of 8. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. […]

Swee Hong Ltd (SGX:QF6) HEFFX Highlights

Swee Hong Ltd (SGX:QF6) HEFFX Highlights

Swee Hong Ltd (SGX:QF6) HEFFX Highlights Company shares of Swee Hong Ltd (QF6.SI) have seen the Rank Correlation Indicator climb higher over the past 3 trading days, suggesting that it could be nearing a turning point if the reading crosses the 80 mark. The Rank Correlation Indicator, or RCI will find the highest high and […]

Dragon Group International Limited (SGX:MT1) Receiving US$20Mil Investment

Dragon Group International Limited (SGX:MT1) Receiving US$20Mil Investment

Dragon Group International Limited (SGX:MT1) Receiving US$20Mil Investment Zhuhai Yinlong Energy Co., Ltd., as a strategic partner, intends to invest US$20 million in Dragon Group’s subsidiary, EoCell Limited, for a 40% stake in the enlarged share capital of EoCell This values EoCell at US$50 million, and Dragon Group will hold 40% stake in the enlarged […]

AA Group Holdings Ltd (SGX:5GZ) HEFFX Highlights

AA Group Holdings Ltd (SGX:5GZ) HEFFX Highlights

AA Group Holdings Ltd (SGX:5GZ) HEFFX Highlights Shares of AA Group Holdings Ltd (5GZ.SI) is moving on volatility today -4.00% or -0.002 from the open. The SES listed company saw a recent bid of 0.048 on 34800000 volume. Following all the swirling information about publically traded companies can be quite a task. Every day there […]

SinoCloud Group Ltd (SGX:5EK) HEFFX Highlights

SinoCloud Group Ltd (SGX:5EK) HEFFX Highlights

SinoCloud Group Ltd (SGX:5EK) HEFFX Highlights Shares of SinoCloud Group Ltd (5EK.SI) have seen the needle move 100.00% or 0.001 in the most recent session. The SES listed company saw a recent bid of $0.002 on 7200000 volume. Traders often key in on technical support and resistance levels when undertaking stock analysis. These levels can […]

Genting Singapore PLC (SGX:G13) HEFFX Highlights

Genting Singapore PLC (SGX:G13) HEFFX Highlights

Genting Singapore PLC (SGX:G13) HEFFX Highlights Genting Singapore PLC (GIGNF) has ended the week in the black, yielding positive results for the shares at they ticked 4.68%. In taking a look at recent performance, we can see that shares have moved 51.79% over the past 4-weeks, 54.55% over the past half year and 14.86% over […]

Sincap group Ltd (SGX:5UN) HEFFX Highlights

Sincap group Ltd (SGX:5UN) HEFFX Highlights

Sincap group Ltd (SGX:5UN) HEFFX Highlights Sincap Group Limited (5UN.SI) touched 0.020 on a recent bid indicating that the Tenkan line is still hovering below the Kijun Sen. This represents bearish momentum for the shares. Whether or not the shares are ready to break further to the downside is yet to be seen. The Tenkan […]

Gold is an “All Weather Investment”

Gold is an “All Weather Investment”

Gold is an “All Weather Investment” $GLD The Big Q: What do savvy Wall Street traders see in physical Gold, and why are they adamant about holding it? The former head of ETF Trading at Lehman Brothers said he discovered Gold in Y 2005 when the launch of the SPDR Gold Shares ETF (NYSEArca:GLD) drew his attention […]

Chip Eng Seng Corporation Ltd (SGX:C29) HEFFX Highlights

Chip Eng Seng Corporation Ltd (SGX:C29) HEFFX Highlights

Chip Eng Seng Corporation Ltd (SGX:C29) HEFFX Highlights Singapore-listed property investor and developers Roxy-Pacific Holdings and Chip Eng Seng Corporation have jointly acquired a New Zealand A-grade office building at 205 Queen Street, Auckland, for $NZ174 million ($162 million), at a net yield of 6.3 per cent. Roxy-Pacific and CES have an equal 50 per […]

THB – ThaiBev To Buy KFC Restaurants

THB – ThaiBev To Buy KFC Restaurants

Thai Beverage, the spirits giant that makes Chang beer and SangSom rum, is expanding into the fast-food business to take advantage of the rising appetite for fried chicken in Asia. ThaiBev agreed to purchase more than 240 existing KFC restaurants in Thailand for about 11.3 billion Thai baht ($340 million). A deal is also in place for […]

BREXIT – National Investment Fund To Support UK Despite Negative Influences

BREXIT – National Investment Fund To Support UK Despite Negative Influences

The Government has proposed setting up a national investment fund to help fledgling UK businesses thrive and compete with their US counterparts, even after Brexit. The Treasury said on Tuesday that a consultation had identified a £4bn funding gap between US and British firms and that the new fund would “help address this gap and boost British business”. It also […]

JP Morgan Chase – Thousands Of Employees To Move Locations

JP Morgan Chase – Thousands Of Employees To Move Locations

In about a month, thousands of JP Morgan Chase & Co. (NYSE: JPM) employees will begin to move into the financial giant’s new regional campus in Plano’s Legacy West — a hub powered in part by wind energy. The move into the 1 million-square-foot campus within Legacy West will be the first of a multi-phased consolidation bringing about half […]

Boral Negative Momentum Indications

Boral Negative Momentum Indications

Shares of Boral Ltd (BLD.AX) are on watch as the Tenkan Line has moved below the  Kijun line, indicating negative momentum for the equity.  Boral Ltd moved -0.03 in the most recent session and touched 6.89 on a recent tick. Traders are paying renewed attention to shares of Boral Ltd (BLD.AX). The current 14-day RSI is presently sitting at […]

Woodside Petroleum Capital Outlook

Woodside Petroleum Capital Outlook

With a market capitalization of USD $19.41 Billion, Woodside Petroleum Ltd (ASX:WPL) falls in the category of stocks popularly identified as large-caps. These are established companies that attract investors due to diversified revenue streams and capability to enhance total returns through dividends and buybacks. While value and historical performance are important in analyzing a company, […]

Australia and New Zealand Banking Group Focus On Domestic Operations

Australia and New Zealand Banking Group Focus On Domestic Operations

The Australia and New Zealand Banking Group (ASX: ANZ) share price is always worth considering in my opinion. ANZ is one of Australia’s big four banks and one of the biggest businesses in the country. ANZ has prospered over the last two decades due to Australia’s economic growth. ANZ was unique with its strategy after the GFC. It […]

Macquarie Group Executive Paid $18.8 Million

Macquarie Group Executive Paid $18.8 Million

Executive remuneration has raised eyebrows in the past, but the shareholder vote to endorse pay sailed through relatively unscathed despite talk of proxy advisors ISS pushing for a first strike vote on executive pay and the Australian Shareholders’ Association demanding greater transparency. Chief executive Nicholas Moore will retain his spot as Australia’s highest paid executive […]

Woolworths Share Valuation

Woolworths Share Valuation

Since 2015, its yearly dividends have fallen from $1.39 per share to $0.67. Buy, Hold or Sell No doubt, shrewd investors are running their rulers over Woolies shares. After all, it’s not every day one of Australia’s biggest and most well-known companies falls from grace – although, Telstra Corporation Ltd (ASX: TLS) might not be far behind […]

Telstra International Scam

Telstra International Scam

Almost 9/10 Australians rely on a smartphone for everything from works calls to personal banking, navigation and photography. But just when smartphones are at their most useful — when you’re in a foreign location — using them to their full potential can become much more expensive. Despite regulatory changes, global roaming is still one of […]

Indonesian Rupiah (IDR) All Time Low

Indonesian Rupiah (IDR) All Time Low

Indonesia’s rupiah dropped to a 17-year low against the dollar on Thursday, pressured by slowing economic growth and high inflation in Southeast Asia’s largest economy. The rupiah fell 0.4 percent to 13,271 against the dollar, the weakest level since August 1998 when Indonesia was in the depths of a financial crisis that led to the […]

Malaysian Ringgit (MYR) Come Back

Malaysian Ringgit (MYR) Come Back

The Malaysian ringgit rebounded against the US dollar on Thursday (Jul 27), benefitting from the Federal Reserve’s decision to keep its interest rates low longer, a dealer said. At 6pm local time, the local unit stood at 4.2760/2790 against the greenback compared with Wednesday’s close of 4.2825/2865. The dollar fell to a 2-1/2 year low against the euro and a 13-month trough against […]

Brexit – Fight For Euro Clearing

Brexit – Fight For Euro Clearing

The battle to control euro clearing once the U.K. leaves the European Union is getting uglier. LCH, the London Stock Exchange Group Plc unit that dominates euro clearing, wants to stop the European Central Bank from gaining the power to veto its decisions. Eurex Clearing, the Deutsche Boerse AG-owned subsidiary that would probably benefit most if London was […]

Supervalu Shares Rose 49 Cents

Supervalu Shares Rose 49 Cents

A Minnesota-based grocery company is making a power play in the Chicago area, stepping into the void being left by the bankrupt Central Grocers, a nearly century-old grocery cooperative that’s closed up shop. Supervalu Holdings has entered into an agreement to buy Central Grocers’ massive distribution center in Joliet for $61 million. Supervalu reported fiscal first-quarter net […]

Charles Schwab Trading Analysis

Charles Schwab Trading Analysis

The Charles Schwab Corporation (SCHW) is an interesting player in the Financial space, with a focus on Investment Brokerage – National. The stock has been active on the tape, currently trading at $41.96, down from yesterday’s close by -0.45%. Given the stock’s recent action, it seemed like a good time to take a closer look […]

Should You Invest In Transocean?

Should You Invest In Transocean?

Investment Thesis Transocean (RIG) is the uncontested leader in the deep water sector (floaters) with an impressive backlog estimated at $10 billion. The company fleet is now reduced to 50 rigs with 26 rigs operating (including the two under-construction drillships contracted to Shell for 10 years). The company management has done an excellent job to rejuvenate its rig fleet […]

Morningstar, Inc. Q2 Earnings/Technical Report

Morningstar, Inc. Q2 Earnings/Technical Report

Morningstar, Inc. reported net income of $46.1 million, or $1.07 per diluted share, compared with $31.8 million, or 73 cents per diluted share, in the second quarter of 2016. Net income for the quarter includes a noncash after-tax gain of $18.0 million, or 42 cents per share, in connection with the company’s previously announced sale of HelloWallet, an online financial wellness business. Revenue for […]

Australian Dollar (A$) CPI Outlook

Australian Dollar (A$) CPI Outlook

Australia’s Consumer Price Index (CPI) climbed an annualized 2.1% after expanding 1.5% during the last three-months of 2016, while the core rate of inflation increased 1.9% during the same period amid forecasts for a 1.8% print. Signs of slower-than-expected inflation may encourage the Reserve Bank of Australia (RBA) to preserve the record-low cash rate for […]

Macquarie Group Australia’s leading investment bank Unfulfilled

Macquarie Group Australia’s leading investment bank Unfulfilled

Macquarie Group, Australia’s leading investment bank, has a hole to fill. In the years after the global financial crisis, the bank’s Corporate and Asset Finance (CAF) unit – an opaque business analysts call a “black box” – accounted for almost a third of Macquarie’s earnings, driving growth fueled by a A$33 billion ($26.18 billion)-plus bet […]

JPMorgan Chase & Co. (NYSE:JPM) HEFFX Highlights

JPMorgan Chase & Co. (NYSE:JPM) HEFFX Highlights

JPMorgan Chase & Co. (NYSE:JPM) HEFFX Highlights JPMorgan smashes Wall Street estimates, but shares decline on outlook JPMorgan reports much better-than-expected second quarter earnings. However, the bank lowers its net interest income forecast for the year. Trading revenue also fell. JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment […]

AMP Limited Skyrockets

AMP Limited Skyrockets

The stock of Ameriprise Financial, Inc. (NYSE:AMP)reached all time high today, Jul, 25 and still has $147.47 target or 6.00 % above today’s $139.12 share price. This indicates more upside for the $21.40 billion company. This technical setup was reported by Barchart.com. If the $147.47 PT is reached, the company will be worth $1.28 billion more. Trading […]

Thai Baht (THB) Trade analysis

Thai Baht (THB) Trade analysis

The Thai baht rose marginally on Monday, headed for a second straight session of gains. The dollar-baht pair is tracking lower after the Bank of Thailand played down concerns about a strong THB on export competitiveness. Thailand’s trade competitiveness has not been much affected by a strong baht and exports can still increase as forecast this […]

Amazon.com, Inc. Taking Over All Industries

Amazon.com, Inc. Taking Over All Industries

No one should doubt Amazon.com’s power to disrupt new industries. While the onetime online bookstore has grown to dominate retail, it has also become a major player in businesses ranging from cloud computing to Hollywood — and even has experimented seriously with drones. It’s no wonder that fear strikes investors and executives when they learn — or even hear rumors — […]

Confidence In The Thai Baht (THB)

Confidence In The Thai Baht (THB)

A central bank official states that Thailand’s trade competitiveness has not been affected much by a strong baht and they are still confident that exports will grow 5 percent. Travel Recently, several tourists attempting to enter Thailand have been stopped and asked to show THB20,000 (about USD594) at airport immigration checkpoints. As an attempt to prevent the […]

Malaysian Ringgit (MYR) Has Best 1st-Half in 5 Years

Malaysian Ringgit (MYR) Has Best 1st-Half in 5 Years

Though proceeds raised from Malaysia’s equity capital markets are nearly seven times the level from a year earlier, recent fundraising exercises signal that the market has turned more cautious. Initial public offerings in Malaysia raised a combined $1.7 billion so far this year, based on data from bourse operator Bursa Malaysia. This was up sharply from […]

Japanese Yen (¥) Remains Low & Elusive

Japanese Yen (¥) Remains Low & Elusive

The Japanese yen continues to get hammered by its American counterpart in the European session, as dovish BOJ policy outcome combined as well as Governor Kuroda’s remarks during the press conference, continue to undermine the sentiment around the Yen. Technical Analysis USD/JPY failed earlier to hold above 112.00 and recently turned sharply to the downside after the ECB meeting and particularity following […]

Apple’s Straight Stock Gains

Apple’s Straight Stock Gains

Apple once again has claimed the top spot in global profits, according to Fortune’s annual ranking of U.S. companies shaping the world. Apple has created a major new executive role in China and appointed the head of its wireless technologies unit to run it, reporting to CEO Tim Cook as the technology giant struggles with falling […]

Facebook Inc. Bar Set Low

Facebook Inc. Bar Set Low

Facebook is set to unveil earnings on Wednesday, July 26th, top pick for S&P Global portfolio manager Erin Gibbs. The company has a strong history of surpassing analysts’ earnings estimates. Valuation has come down to reasonable levels, at 32 x (times) forward earnings, given the lowered growth estimate for the next 12 months. The estimate for […]

False Alarm With Amazon.com, Inc. Crash

False Alarm With Amazon.com, Inc. Crash

Incorrect stock data on the popular Google Finance, Yahoo Finance and Bloomberg sites appeared to be freaking out some investors Monday evening, after test data was apparently misinterpreted by third-party providers to those sites. As part of its normal process, the UTP distributed test data and certain third parties improperly propagated the data. Nasdaq is working […]

Indonesian Rupiah (IDR) 4.75 pct since October

Indonesian Rupiah (IDR) 4.75 pct since October

Benchmark rate has been 4.75 pct since October. Indonesia’s central bank is widely expected to leave its benchmark rate unchanged again on Thursday as it keeps focusing on two key factors: the inflation rate and U.S. monetary policy. Bank Indonesia (BI) halted an easing cycle in October last year after cutting its benchmark rate <IDCBRR=ECI> six times. Six […]

Australian Dollar (A$) Rising Strong Against US Dollar ($)

Australian Dollar (A$) Rising Strong Against US Dollar ($)

On Friday night the Australian dollar broke through US78 cents for the first time in more than two years. The Australian dollar appears Confident to rise to US80¢ soon. The reason for Friday’s surge was that American retail sales fell, against expectations of a rise, and the monthly CPI change was zero. Annual inflation remains mired at […]

Thai Baht (THB) Previous Gains Lost

Thai Baht (THB) Previous Gains Lost

USD/THB is currently trading around 33.64 marks Most Asian currencies edged up on Tuesday as the dollar came under renewed pressure, with the Thai baht hitting its strongest in more than two years and the won climbing to a 1-month high. Uncertainty over the pace of the Federal Reserve’s policy tightening and worries that President […]

Thai Baht (THB) Going Strong With Asia

Thai Baht (THB) Going Strong With Asia

The baht rose to 34.66 to the US dollar at one point Monday, its strongest level since early October. The US dollar has depreciated against all Asian currencies recently, which means Asian currencies have all risen broadly (appreciated) against the US dollar, just as the Thai baht has risen. Technical Analysis Overall, the bias in prices is: Downwards. Short […]

Chinese Yuan (CN¥) Strengthens Against US Dollar ($)(CNYUSD)

Chinese Yuan (CN¥) Strengthens Against US Dollar ($)(CNYUSD)

China’s yuan firms on stronger fixing, Q2 GDP data shrugged off China’s yuan, which has firmed against the U.S. dollar the past five sessions, strengthened again on Monday after the central bank lifted its official guidance for the Chinese currency’s midpoint to an 8-1/2 month high. The central parity rate of the Chinese currency renminbi, […]

China Mobile – More Profitable Than Netflix

China Mobile – More Profitable Than Netflix

Investing is all about comparing disparate assets with different risk/return profiles. Again, I will compare two such disparate assets, Netflix and China Mobile. As it turns out they share a similar ARPU, but everything else is worlds apart and not always favoring the obvious. At all times investing is about comparing disparate assets with separate […]

Netflix – Potential Market Underestimated

Netflix – Potential Market Underestimated

Internet television network Netflix (NFLX) received a price-target increase to its stock Thursday from investment bank Morgan Stanley, which thinks the market isn’t fully appreciating the company’s “potential for materially higher earnings power.” Netflix fell 0.3% to 158.21 on the stock market today. Netflix climbed above its 50-day moving average in a bullish sign on Wednesday. It has been forming a flat […]

British Pound (£) – Brexit Is Improving Britain Despite Negative Allegations

British Pound (£) – Brexit Is Improving Britain Despite Negative Allegations

Slightly better than expected wages and jobs data saved Britain’s pound from another downward lurch on Wednesday, offsetting a series of political and economic warning signs as talks on leaving the European Union get going. Amid the resulting falls in the pound, several of the Bank of England’s monetary policy panel members have stepped in […]

HSBC Stocks Overview – Ban On Staff Buying Stocks

HSBC Stocks Overview – Ban On Staff Buying Stocks

HSBC is said to ban staff buying stock, bonds on own account. HSBC Holdings Plc has instructed about 6,000 employees of its global markets division to cease buying single-name securities on their personal accounts. Purchases of single-name stocks, bonds and concentrated exchange-traded funds will be prohibited, Global Head of Markets Thibaut de Roux told staff […]

Macquarie Group Ltd (ASX:MQG) HEFFX Highlights

Macquarie Group Ltd (ASX:MQG) HEFFX Highlights

Macquarie Group Ltd (ASX:MQG) HEFFX Highlights Macquarie Group, the world’s largest infrastructure manager, could be forced into a fire sale of ­assets as it comes under pressure from rising interest rates, big debts and stalled earnings, according to Citi. Despite booking a record $2.2 billion profit last year, Macquarie’s earnings have been coming under increasing […]

SEEK Limited (ASX:SEK) HEFFX Highlights

SEEK Limited (ASX:SEK) HEFFX Highlights

SEEK Limited (ASX:SEK) HEFFX Highlights SEEK Limited announced the successful refinancing of its syndicated loan facility and an increased limit of cA$910m (comprising A$550m and US$275m) from the previous limit of cA$880m. Increased and extended syndicated loan facility (“loan facility”) Multi-currency (AUD & USD) facility with tenors of two to four years Strong support from […]

Thai Baht (THB) Two-Thirds of Thailand’s GDP Stalled

Thai Baht (THB) Two-Thirds of Thailand’s GDP Stalled

The purchasing power of major trade partners and production restructuring to keep up with demand are having larger effects on exports than the baht’s movement. Also concerns that the baht’s persistent strength will stall the recovery of exports, which account for more than two-thirds of Thailand’s GDP. The baht has been among the best-performing currencies […]

Malaysian Ringgit (MYR) Indications For Solid Rebound

Malaysian Ringgit (MYR) Indications For Solid Rebound

Malaysian May trade figures continued to indicate towards a solid rebound. Exports in MYR terms rose sharply by 32 percent year-on-year while imports remained firm by rising 30 percent. Malaysia’s trade surplus alleviated slightly but stayed in healthy surplus territory. Elsewhere, the latest FX reserves for June rose slightly to USD 98.9 billion, enough to […]

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