FLASH: Gold Steady, USD Flat, Crude Oil Off, Stocks Cautious Headlines Crude Oil pares gains Middle East risks keep stocks in caution mode Gold prices little changed as markets eye Fed outlook Gold: Gold traded steady Tuesday as traders stayed on the sidelines ahead of a widely expected rate cut by the Fed on Wednesday. Spot gold was […]
Singapore: STI Index (.STI) business confidence falls to near 2-year low Business confidence in Singapore has dropped to a near two-year low for the final quarter of this year, with the manufacturing sector and wholesale trade bracing themselves for a downturn, a new survey has shown. Business sentiment fell from +6.91 percentage points in the […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Flat, Crude Oil Spikes, Stocks Off Headlines Crude Oil spikes after Saudi facility attacks, weak China data hits shares President Trump said the US is “locked & loaded” for a potential response to the attack on Saudi Arabia’s Crude Oil production facilities Gold rallies as […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Flat, Crude Oil Off, Stocks Up Headlines Asian shares advance on US-China trade progress, ECB easing Crude Oil off on global demand worries despite hopes on trade talks Hong Kong gold market losing shine due to political unrest Gold dips as trade hopes fuel risk […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Flat, Crude Oil Up, Stocks Up Headlines Bears ease grip on most Asian currencies as trade worries fade Asian stocks at 6-wk highs as trade dispute gloom lifts before ECB meet Crude Oil gains on hopes for US-China trade dispute thaw Gold slips as trade […]
Singapore: STI Index (.STI) Banks lead gains here There was much cheer for traders yesterday due to a confluence of factors supporting risk appetite ahead of today’s European Central Bank rate decision. The Straits Times Index (STI) advanced from the opening bell, eventually settling at 3,204.52, gaining 48.81 points or 1.55 per cent. It was […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Steady, Crude Oil Up, Stocks Firm Headlines Crude Oil prices up after bigger-than-expected fall in Us stockpiles Rising bond yields support value stocks ahead of central bank meetings Gold prices snap 4-day losing streak and focus on ECB meet USD steady as traders await Thursday’s […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Flat Crude Oil Up, Stocks Off Headlines Crude Oil hits 6-wk highs on hopes of extended OPEC output cuts Asian stocks mostly weaker on steep Chinese factory price declines Gold hits 4-wk low as stimulus hopes, trade optimism boost risk-on mode JPY, CHF fall as […]
Singapore: STI Index (.STI) stocks in the city-state remain attractive compared to the rest of Asia Even though Singapore’s economy is taking a big hit from the U.S.-China trade war, stocks in the city-state remain attractive compared to the rest of Asia, analysts told CNBC. “The trade war impacts (Singapore) quite a bit, but at the […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Flat Crude Oil Up, Stocks Up Headlines Asia stocks gain as soft data lift stimulus hopes Crude Oil rises as Saudi Arabia signals OPEC cuts to continue Gold inches higher, improved risk appetite caps gains USD was capped as US yields came off 2-week highs […]
Singapore: STI Index (.STI) risk-on sentiment continues Risk-on sentiment continued to have considerable influence during Friday’s session in Asia thanks to investors’ hopes of a de-escalation in the trade dispute between the US and China. That said, Singapore’s Straits Times Index (STI) slipped into the red late in the session, bucking the regional trend on Friday, […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Flat Crude Oil Up, Stocks Up Headlines Crude Oil rises, set for weekly gainer Asia shares rise on trade disputes hopes .DXY Vs a basket of 6 peer currencies was little changed Investors took profits in gold Thursday Gold: Gold retreated Thursday as investors booked […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Up Crude Oil Up, Stocks Up Headlines Crude Oil prices rise after US confirms trade talks with China to re-start. Gold eases as equities gain on BREXIT, Hong Kong progress. Asian shares up as BREXIT, Hong Kong progress lifts sentiment. Trade talk plans cheer […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Dips , USD Up, Crude Oil Up, Stocks Up Headlines Crude Oil set for biggest weekly gainer since July JPY is the best performer among major currencies this month, rising 2.2% so far. Asian shares at 1-week highs Gold: Gold extended losses Friday and was set to […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up , USD Flat, Crude Oil Off, Stocks Off Headlines Crude Oil prices drop on concern over US economy Bonds reign supreme, equities struggle on recession, BREXIT fears Gold prices marked gains Thursday against the backdrop of recession fears USD flat to unchanged Gold: The precious metal markets […]
Singapore: STI Index (.STI) falls on telecom, consumer stocks Philippine stocks rose over 1% on Wednesday, recovering from the previous session’s sharp fall on hopes of positive news from President Rodrigo Duterte’s visit to China, while other Southeast Asian markets were tepid amid lingering trade war worries. The benchmark Manila stock index closed 1.3% higher, […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off , USD Up, Crude Oil Up, Stocks Up Headlines Crude Oil gains, led by US WTI Crude, recession worries ease JPY stands tall Gold dips, but near 6-yr highs on rate cut hopes, trade fears Asian stocks post modest gains on Wall Street futures Gold: Gold […]
Asian markets rose Tuesday, recovering from the previous day’s pounding, after Donald Trump said China-US trade talks would resume soon, though the president’s sharp changes in tone are keeping investors on edge. Regional equities tanked and the yuan plunged Monday in response to news at the weekend that Washington would hike tariffs on more than […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Flat, USD Off, Crude Oil Up, Stocks Up Headlines JPY rises as traders temper optimism over US-China trade deal Asia stocks climb as trade war fears ebb Crude Oil up as US-China trade comments calm markets Gold little changed as traders seek clarity Gold: Gold prices were largely […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Up, Crude Oil Off, Stocks Off Just in: Chinese Vice Premier Liu He said Monday that China is willing to resolve its trade dispute with the US through calm negotiations and resolutely opposes the escalation of the conflict. China’s Top trade negotiator, was speaking at […]
Major Asia Pacific markets rose by the close on Friday, as investors looked ahead to an important speech from U.S. Federal Reserve Chairman Jerome Powell later in the day. In Tokyo, the Nikkei 225 index gained 82.9 points, or 0.4%, to end the week at 20,710.91 Elsewhere, the Japanese yen traded at 106.64 versus the […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Up, Crude Oil Steady, Stocks Flat Note: Traders are also keenly waiting on the Fed’s Jackson Hole seminar and a G-7 Summit this weekend for clues on what additional steps policymakers will take to bolster growth. Headlines USD steps up before Powell, Kiwi jumps on […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Up, Crude Oil Steady, Stocks Flat Note: Traders are also keenly waiting on the Fed’s Jackson Hole seminar and a G-7 Summit this weekend for clues on what additional steps policymakers will take to bolster growth. Headlines Crude Oil dips on economic concerns after US […]
Singapore: STI Index (.STI) core inflation likely eased to its slowest pace in nearly three years Singapore’s core inflation likely eased to its slowest pace in nearly three years in July, reinforcing expectations that the central bank will loosen policy later this year to support the city-state’s subdued economy. A Reuters poll of 11 economists […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Up, Crude Oil Up, Stocks Flat Note: The immediate focus shifts to the minutes of the Fed’s last meeting due Wednesday. Traders are also keenly waiting on the Fed’s Jackson Hole seminar and a G-7 Summit this weekend for clues on what additional steps policymakers […]
Singapore: STI Index (.STI) rose in line with broader Asia as stimulus proposals in major economies muted recession fears Thailand cuts 2019 growth forecast to 3% from 3.8% Thai customs-cleared trade data for July due on Wed Malaysia hits over 1-week closing high By Niyati Shetty Aug 20 (Reuters) – Singapore and Malaysian stocks rose […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Up, Crude Oil Steady, Stocks Up Note: The immediate focus shifts to the minutes of the Fed’s last meeting due Wednesday. Traders are also keenly waiting on the Fed’s Jackson Hole seminar and a Group of Seven summit this weekend for clues on what additional […]
Singapore: STI Index (.STI) stock dividends payout slides Decleration in the world economy is beginning to take its toll on dividend payouts around the world, according to the latest Janus Henderson Global Dividend Index. In Singapore, US$3.8 billion of dividends were paid out in the second quarter of 2019, US$500 million lower than the US$4.3 billion […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Dips, USD Up, Crude Oil Up, Stocks Up Headlines Asia stocks advance as China’s rate adjustment improves investor mood Crude Oil prices climb after Saudi oilfield attack Gold prices dip on firmer USD and equities Gold: Gold prices dipped Monday on a stronger USD, and a recovery in […]
Asia is a hub of world trade, it is home to some of the world’s largest companies, the fastest-growing part of the Internet, and the engine of global consumption growth. Plus it is reaching to become the world’s financial center too, Asia is Now. In the Y 2000 I wrote a paper on this coming […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Up, Crude Oil Up, Stocks Up Headlines Crude Oil rises as US retail sales ease recession fears Asia stocks up in stimulus speculation Gold heads for 3rd weekly gainer on trade, growth concerns Dollar index higher Gold: Gold prices dipped Friday but were headed for […]
Singapore: STI Index (.STI) hurt by losses in financial sector U.S. curve inverts for first time in 12 years Singapore hurt by losses in financial sector Vietnam claws back ground to end 1.1% higher Most Southeast Asian stock markets ended lower on Thursday, tracking a global downturn in equities as an inversion in the U.S. […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Flat, Crude Oil Off, Stocks Off Headlines JPY holds gains, traders seek safety Crude Oil prices steady after big fall on recession concerns, inventory rise Stocks feel pain, as bond markets talk recession Gold gains as recession fears drive safe-haven demand Gold: Gold prices rose […]
Singapore: STI Index (.STI) may bounce back Market is seen opening higher tracking strong leads from Asian markets and overnight rally on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 19 points at the opening bell. The all-India general Consumer Price Index (CPI) […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Flat, Crude Oil Off, Stocks Up Headlines Asian stocks like President Trump’s delay of some China tariffs Crude Oil prices fall as China economic data disappoints Gold prices slip, President Trump’s trade concession boosts equities USD’s advance stalled as the sharp rise in US yields […]
Singapore: STI Index (.STI) headed for its weakest annual growth rate in a decade Singapore is headed for its weakest annual growth rate in a decade. It’s blaming its troubles on the US-China trade war. The country warned Tuesday that economic growth could fall to 0% this year. Previously, it predicted its economy would grow […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Off, Crude Oil Off, Stocks Off Headlines Asian shares of on trade worries Crude Oil off despite supply/demand issues The Argentine Peso collapsed overnight Gold marked fresh news highs Gold: Gold prices marked their highest in more than 6 years Tuesday, as concerns around protests […]
Singapore: STI Index (.STI) cautiously rose following a volatile week Asian markets cautiously rose in early trading Monday, following a volatile week for global markets as U.S.-China trade tensions increased. Goldman Sachs on Sunday said that it does not expect a trade deal before the 2020 presidential election, and warned that the ongoing trade war is […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Flat, Crude Oil Up, Stocks Up Headlines Crude Oil edges up on expectations of more OPEC output cuts Gains for Asian shares capped by trade issues, China stocks fall .DXY flat to little changed Vs its 6 peers Gold sees best week in over 3 […]
Singapore: STI Index (.STI) fall bucking the positive trend in key global markets including the US Singapore stocks opened weaker on Thursday (Aug 8), bucking the positive trend in key global markets including the US. The Straits Times Index fell 0.68 per cent or 21.52 points to 3,163.17 points as at 9.03am. Losers outnumbered gainers […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Off, Crude Oil Bounces, Stocks Rally Chicago Fed President Charles Evans signaled Wednesday he was open to lower rates to bolster inflation and counter risks to economic growth from trade tensions. Futures moved to price in a 100% probability of a Fed easing in September […]
Singapore: STI Index (.STI) stocks take a beating as escalating Sino-US trade tension rattles investors Singapore shares began trading on Wednesday morning (Aug 7) in positive territory, recovering from the previous day’s losses after US stocks bounced back overnight as the yuan steadied. The Straits Times Index rose 0.11 per cent or 3.59 points to […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Off, Crude Oil Steady, Stocks Higher Headlines US-China trade dispute remains in focus Crude Oil prices steady Spot gold may test psyche resistance at $1,500 oz Calm returns to stock markets as RMB Yuan steadies Gold: Gold prices +1% Wednesday as investors to seek refuge […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Off, Crude Oil Off, Stocks Lower Headlines Asia stocks hit 6-month low as investors flee to safety Futures are now pricing in deeper interest rate cuts than before last week’s Fed meeting. The terminal US rate is seen at 1.22%, 93 bpts below the current […]
Wilmar International Limited is a Singapore-based agribusiness company. The Company’s business activities include oil palm cultivation, oilseed crushing, edible oils refining, sugar milling and refining, manufacturing of consumer products, specialty fats, oleo chemicals, biodiesel and fertilizers, as well as rice and flour milling. Its segments include Tropical Oils (Plantation, Manufacturing & Merchandising); Oilseeds & Grains […]
Golden Agri-Resources Ltd is a palm oil plantation company. The Company is engaged as an investment holding company. Its primary activities include cultivating and harvesting oil palm trees, processing fresh fruit bunches (FFB) into crude palm oil (CPO) and palm kernel (PK), refining CPO into industrial and consumer products, as well as merchandising palm products […]
Yangzijiang Shipbuilding (Holdings) Ltd. is a China-based investment holding company. The Company is also engaged in provision of agency service for shipbuilding and related activities. The Company’s segments include shipbuilding segment, investment segment, trading segment and other. The shipbuilding segment is engaged in shipbuilding, offshore marine equipment construction and ship design. The investment segment consists […]
Singapore Technologies Engineering Ltd is an investment holding company. The Company is engaged in the provision of engineering and related services. It operates in four segments: Aerospace, which provides a range of maintenance and engineering services that include airframe, repair and overhaul, engine and component maintenance, and engineering design and technical services; Electronics, which specializes […]
GSS Energy Limited is a Singapore-based investment holding company. The Company operates through three segments: Mechanisms division, Microshafts division and Oil extraction. The Mechanisms division provides production technology to multi-national manufacturers in the field of home and car audio entertainment, communication, computer and office automation industries and medical industries. The Microsafts division focuses on the […]
COSCO Shipping International (Singapore) Co., Ltd provides logistics management services. The Company’s segments include Logistics, Property Management, Dry Bulk Shipping and Ship Repair and Marine Engineering. The Logistics segment business comprises primarily of warehousing services management, container depot services management, automotive logistics services and transportation services in Singapore. Dry Bulk Shipping segment is engaged in […]
United Overseas Bank Limited is a bank in Asia. The Company provides financial services across the globe through its segments, which include Group Retail (GR), Group Wholesale Banking (GWB), Global Markets (GM) and Others. GR segment covers personal and small enterprise customers. GWB encompasses corporate and institutional client segments, which include medium and large enterprises, […]
Jiutian Chemical Group Limited is an investment holding company. The Company is engaged in the manufacture and production of dimethylformamide (DMF) and methylamine. It is involved in the processing and sale of consumable carbon dioxide and oxygen. It operates through two business divisions: DMF division, which is engaged in producing DMF as its main product […]
SIA Engineering Company Limited is engaged in the provision of airframe maintenance and component overhaul services, the provision of line maintenance and technical ground handling services, fleet management program and investment holdings. The Company’s segments include repair and overhaul, and line maintenance. The repair and overhaul segment provides repair and overhaul services, which include scheduled […]
StarHub Ltd is a Singapore-based info-communications company. The Company engaged in operation and provision of telecommunications services and other businesses relating to the info-communications industry. The Company offers a range of information, communications and entertainment services for both consumer and corporate markets. It delivers Mobile, Pay television, Broadband, Fixed network services and equipment sales on […]
Singapore Telecommunications Limited is a communications company. The Company is engaged in the operation and provision of telecommunications systems and services, and investment holding. In addition, it offers Internet services and also holds frequency spectrum and license rights to install, operate and maintain mobile communication systems and services, including wireless broadband systems and services. It […]
Singapore Airlines Limited is engaged in passenger and cargo air transportation, engineering services, training of pilots, air charters and tour wholesaling and related activities. The Company’s segments include airline operations, engineering services, cargo operations and Others. The airline operations segment provides passenger air transportation. The engineering services segment is in the business of providing airframe […]
Singapore Exchange Limited is engaged in operating integrated securities exchange and derivatives exchange in Singapore and related clearing houses. The Company is engaged in providing services, such as investment holding, treasury management, provision of management and administrative services to related corporations, provision of contract processing and technology connectivity services. The Company operates through four segments: […]
DBS Group Holdings Ltd is an investment holding company. The Company performs its operation through its subsidiary, DBS Bank Ltd (the Bank), which is engaged in a range of commercial banking and financial services, principally in Asia. The Company’s operating segments include Consumer Banking/Wealth Management; Institutional Banking; Treasury, and Others. The Consumer Banking/Wealth Management segment […]
Genting Singapore Ltd is an investment holding company. The Company, through its subsidiaries, is engaged in the development and operation of integrated resort, operation of casinos, provision of sales and marketing support services to leisure and hospitality related businesses and investments. It operates through leisure and hospitality operations segment within Singapore. The operations in other […]
Keppel Corporation Limited is an investment holding and management company. The Company, through its subsidiaries, is engaged in offshore oil-rig construction, shipbuilding, and ship repair and conversion; environmental engineering, power generation, logistics and data centers; property development and investment, and property fund management, and investments. The Company operates in four segments: Offshore & Marine, Infrastructure, […]
Oversea-Chinese Banking Corporation Limited (the Bank) is a Singapore-based financial services company. The Bank is engaged in the business of banking, life assurance, general insurance, asset management, wealth management, investment holding, futures and stockbroking. Its segments are Global Consumer/Private Banking, Global Corporate/Investment Banking, Global Treasury and Markets, Insurance and OCBC Wing Hang. Global Consumer/Private Banking […]
Noble Group Holdings Ltd is an investment holding company. The Company is located in London, the United Kingdom. Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards […]
Singapore: STI Index (.STI) has posted a net profit of S$103.9 million in the fourth quarter THE Singapore Exchange (SGX) has posted a net profit of S$103.9 million in the fourth quarter, up 24.1 per cent from the same period a year earlier. Revenue in the three months ended June 30 rose 16.5 per cent […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Dipped, USD Up, Crude Oil Off, Stocks Lower Headlines USD up as lengthy Fed easing uncertain and BREXIT pains deepens. Crude Oil slips 1% after Fed disappoints, US Crude Oil output rises. Gold dipped to 2-wk lows on Fed uncertainty about more rate cuts. Asian shares fall, […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Unch, USD Firm, Crude Oil Up, Stocks Lower Headlines Asian shares at 6-week lows on trade worry Gold prices hold steady ahead of Fed’s rate announcement Crude Oil gains for a 5th day running after US stockpile drop .DXY held firm Wednesday, as a wait-and-see mood prevailed. […]
Singapore: STI Index (.STI) down amid a slew of corporate results and investor anticipation of a Fed rate cut this week Singapore stocks opened weaker on Tuesday (July 30), with the Straits Times Index heading down 0.06 per cent or 1.89 points to 3,344.50 as at 9.01am, amid a slew of corporate results and investor […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Down, USD Up, Crude Oil Down, Stocks Higher Headlines Asia stocks gain ahead of Fed, GBP pressured by BREXIT uncertainty, Crude Oil prices rise on expectations Fed will cut rates, Gold slips as USD climbs. Gold: Gold prices dipped Tuesday as USD rose to 2-month highs, while […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up USD Up, Crude Oil Down, Stocks Lower Headlines Crude Oil falls on growth outlook concerns and positive news on Iran A Fed interest rate cut a certainty Asian shares drift lower, trade talks loom Gold rises as markets awaits Fed meeting Gold: Gold prices gained Monday […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up USD Up, Crude Oil Up, Stocks Down Headlines Crude Oil prices up as geopolitical tensions counter sluggish demand, Asian shares slide as ECB holds off easing, earnings mixed, Gold up on rate-cut bets; focus on US GDP data Gold: Gold prices steadied Friday after touching a […]
Singapore: STI Index (.STI) expected to open higher Singapore stocks closed higher on Thursday, with the benchmark Straits Times Index (STI) going up 0.38 percent, or 12.82 points, to close at 3,381.26. A total of 1.18 billion shares changed hands with a turnover of 1.05 billion Singapore dollars (about 732.44 million U.S. dollars). Gainers outnumbered […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Flat USD Up, Crude Oil Up, Stocks Up Headlines Asian shares tick higher, euro near 2-month lows before ECB decision Crude Oil advances on Gulf tensions, but demand concerns cap gainers Gold steadies ahead of ECB decision; firm USD caps appeal Fed to cut rates for […]
Singapore: STI Index (.STI) delistings expected to continue in the second half of this year Singapore’s stock market has seen on average two companies a month on track to relinquish their listing status this year. This trend may not be reversing anytime soon. The Singapore exchange tweaked the voluntary delisting rules earlier this month, shifting the power […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Firm, Crude Oil Up, Stocks Up Note: It is expected the Fed will lower its target range of 2.25%-2.50% by 25 basis points at a meeting ending on 31 July, but expectations for a larger 50-bpts cut been lowered on mixed signals from FOMC policymakers. […]
Singapore: STI Index (.STI) core inflation weaken in June Singapore’s headline inflation eased in June, ending a four-month streak of edging upwards, according to consumer price index (CPI) figures released by the Department of Statistics on Tuesday. Core inflation also continued to ease, strengthening economists’ expectations of monetary easing ahead. Headline inflation was 0.6 per […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Flat, Crude Oil Up, Stocks Up Note: Sterling was off Tuesday as investors worried Boris Johnson, the frontrunner to become the UK’s next Prime Minister, would trigger a “hard BREXIT” from the EU, seen as a risk for the British economy. Further, currency-market focus will […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Flat, Crude Oil Up, Stocks Down Note: Geopolitical fears were dominated by confrontation in the Crude Oil trade’s most important waterway escalating, with footage showing the Iranian military defying a British warship when it seized a tanker in the Strait of Hormuz Friday. Priced-in forecasts […]
Singapore: STI Index (.STI) has surged 9.3 per cent this year among the best performers in South-east Asia Investors are sanguine about Singapore’s stock market even as the nation faces the risk of a technical recession, as a positive outlook for dividends and earnings overshadows threats from the US-China trade spat. Singapore’s trade-reliant economy unexpectedly […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Spiked, USD Steady, Crude Oil Up, Stocks Up Note: Friday is options expiry in the US, volatile: maybe, maybe not. The Buck steadied Friday, but was still on the defensive after Federal Reserve officials bolstered expectations of an aggressive rate cut this month to address weakening price […]
Singapore: STI Index (.STI) faces the risk of a technical recession Investors are sanguine about Singapore’s equity market even as the nation faces the risk of a technical recession, as a positive outlook for dividends and earnings overshadows threats from the U.S.-China trade spat. Singapore’s trade-reliant economy unexpectedly contracted by 3.4% in the June quarter […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Firm, Crude Oil Up, Stocks Off Notes: The International Monetary Fund (IMF) Wednesday said the dollar was overvalued by 6% to 12%, based on near-term economic fundamentals. With the 1st US interest rate reduction in 10 yrs expected later this month, 2 Fed policymakers sketched […]
Singapore: STI Index (.STI) economic downturn continues Singapore’s exports plunged to a six-year low in June, the latest in a series of brutal indicators showing China’s slowdown and the trade war with the United States are wreaking havoc on the economies of Asia’s trade hubs. The city state’s economy is considered a bellwether for the […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Firm, Crude Oil Up, Stocks Mixed Notes: With the 1st US interest rate reduction in 10 yrs expected later this month, 2 Fed policymakers sketched out arguments Tuesday on how deep the cut should be, even as a 3rd said she needs more data before […]
Singapore: STI Index (.STI) trading lower as investors looked to earnings and clues from policy makers for the next catalyst Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 10 points at the opening bell. Overseas, most Asian stocks were trading lower as investors looked to earnings […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Unch, Crude Oil Off, Stocks Mixed Notes: Most Asian stock markets rose Monday, but gains were limited as investors awaited US retail sales data and corporate earnings to gauge the health of the world’s biggest economy ahead of a likely US rate cut later […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Mixed, USD Firm, Crude Oil Off, Stocks Up Notes: China’s economic growth slowed to 6.2% in Q-2, its weakest pace in 27 years, as demand at home and abroad faltered in the face of mounting US trade pressure. EU foreign ministers will seek to figure out how […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Off, Crude Oil Up, Stocks Mixed Notes: Friday, China will release trade data for June, with analysts expecting exports to have fallen as weakening global demand and a sharp hike in US tariffs took a heavier toll on the world’s largest trading nation. OPEC Thursday […]
Singapore: STI Index (.STI) shares add 0.3% as Fed chief reaffirms dovish stance The local equities market, like most others, has been in a limbo since last Friday’s US jobs data exceeded expectations, sending investors second-guessing the extent of rate cuts by the US Federal Reserve. On Thursday, they were reassured of the Fed’s dovishness, […]
Singapore: STI Index (.STI) total return for the first six months of 2019 to 10.5% Total derivatives traded volume edged up 17% YoY to 20.8 million contracts in June but fell 14% MoM as compared to the volume in May, according to an SGX report. Total securities market turnover value dipped 5% MoM to $21.9b, […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Down, USD Flat Crude Oil Up, Stocks Mixed Notes: OPEC and allied producers led by Russia agreed last week to extend their supply-cutting deal until March 2020. Brent has risen nearly 20% in Y 2019, supported by the pact and tensions in the Middle East, especially the […]
Singapore: STI Index (.STI) dips as hopes for sizeable US rate cut fade Diminished hopes for a sizeable interest rate cut in the United States continued to affect local counters, especially in the real estate investment trust (Reits) sector. The iEdge S-Reit 20 Index was down 1.7 per cent to 1,445.77 yesterday. Reits had been […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Down, USD Flat Crude Oil Off, Stocks Lower Notes: BoE Governor Mark Carney has said a global trade war and a no-deal BREXIT were growing risks to Britain’s economy, which might need more help to cope with a downturn. That prompted investors to increase their bets on […]
News dims hopes of aggressive Fed rate cut, sending Singapore: STI Index (.STI) down 32.58 points Local shares had only one way to go yesterday after the buoyant United States jobs report last Friday undercut hopes for an aggressive interest rate cut later this month. Disappointed traders sent the Straits Times Index (STI) tumbling 32.58 […]
FLASH: Gold Up, USD Firm, Crude Oil Down, Stocks Up Notes: The market’s focus is Friday’s US NFPs for June, which economists expect to have risen by 160,000 in June, compared with 75,000 in May. USD firm on Friday but traders held off on making big bets ahead of the closely-watched US NFPs report that could influence […]
Singapore: STI Index (.STI) slightly higher as markets in the region had mixed showings Wall Street posted a record performance on Wednesday on expectations that weak economic data would lead to further interest rate cuts in the United States, but the effect was limited here. The Straits Times Index (STI) finished 4.45 points or 0.1 […]
All US financial markets are closed Thursday for Independence Day FLASH: Gold Down, USD Flat, Crude Oil Down, Stocks Up Notes: Top representatives of the United States and China are organizing a resumption of talks for next week to try to resolve a year-long trade dispute between the world’s 2 largest economies, Trump Administration officials said Wednesday […]
Singapore: STI Index (.STI) Cautious investors quick to book profit ahead of Q2 results from companies The week got off to a flying start for Singapore equities following a surprise outcome from the Osaka meeting between the US and China. But Monday’s gains were followed by yesterday’s flat session, with the Straits Times Index (STI) […]
Singapore: STI Index (.STI) the G-20 summit in Osaka fuelled optimism that trade tensions between the US and China will ease Singapore stocks resumed trading in positive territory on Monday, with the Straits Times Index gaining 41.8 points or 1.3 per cent to 3,363.45 as at 1.01pm. This comes as the G-20 summit in Osaka […]
$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Up Notes: The US and China agreed on Saturday to resume trade negotiations after President Trump offered concessions to his Chinese counterpart Xi when the 2 leaders met on the sidelines of the G-20 Summit in Japan. OPEC and […]
$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Flat, Crude Oil Up, Stocks Ease Notes: President Trump made clear Friday that trade is his Top priority at this G-20 Summit, as China’s Xi warned against rising protectionism and India, Japan and Russia defended multi-lateral trade rules. Investors and Traders await the meeting between […]
Singapore: STI Index (.STI) announced a new organisation structure and that Muthukrishnan Ramaswami, 62, will step down as president of SGX The Singapore Exchange (SGX) on Thursday (June 27) announced a new organisation structure and that Muthukrishnan Ramaswami, 62, will step down as president of SGX on Oct 1 after 12 years in the role. […]
