Daily Archives: September 15, 2015

15Sep

IForex Market Trading Signals and News – 15 September 2015

INTERNATIONAL CURRENCY BUZZ :

  • Forex – Softer dollar slides lower against yen
  • Forex – GBP/USD edges higher as focus remains on Fed
  • Forex – EUR/USD edges up to 2-1/2 week highs with eyes on Fed

EUR/USD
EUR/USD hit 1.1360 during late Asian trade, the pair’s highest since August 27; the pair subsequently consolidated at 1.1351, up 0.11%. The pair was likely to find support at 1.1253, Friday’s low and resistance at 1.1366, the high of August 27.Sentiment on the dollar remained vulnerable amid concerns that mixed U.S. economic reports and recent volatility in global financial markets will prompt the U.S. central bank to refrain from hiking interest rates on Thursday.The euro edged up to two-and-a-half week highs against the U.S. dollar on Monday, as investors remained cautious ahead of the Federal Reserve’s highly-anticipated policy meeting this week.

GBP/USD
The pound edged higher against the U.S. dollar on Monday, as sentiment on the greenback remained vulnerable ahead of the Federal Reserve’s highly-anticipated policy statement on Thursday.GBP/USD hit 1.5471 during European morning trade, the pair’s highest since September 10; the pair subsequently consolidated at 1.5450, adding 0.16%.Cable was likely to find support at 1.5335, the low of September 10 and resistance at 1.5508, the high of August 27.Investors remained cautious amid concerns that mixed U.S. economic reports and recent volatility in global financial markets will prompt the U.S. central bank to refrain from hiking interest rates on Thursday. BTST CASH BUY NILKAMAL AT CMP 916-918 TARGET 930 950 SL 900.

RECOMMENDATION :

  • BUY GBP/USD ABOVE 1.5435 TARGET 1.5455 1.5485 SL 1.5405
  • SELL GBP/USD BELOW 1.5415 TARGET 1.5395 1.5365 SL 1.5445

For more information about Forex Signals and Market Updates, please visit EPIC RESEARCH SINGAPORE.

15Sep

Comex Trading Signals and Market News – 15 September 2015

INTERNATIONAL COMMODITY NEWS :

  • Brent crude oil fell on Monday as weaker-than-expected Chinese data weighed on markets, adding to concerns that declining global demand would exacerbate a surplus of crude.
  • Gold prices rose in European morning hours on Monday, but they remained within close distance of Friday’s one-month lows as markets were jittery ahead of the Federal Reserve’s policy statement this week.
  • Use of natural gas has two seasonal peaks, with consumption patterns predominantly driven by weather. The largest peak occurs during the winter, when cold weather increases the demand for natural gas space heating in the residential and commercial sectors, according to EIA.

ECONOMY NEWS :

  • Vaccine billionaire Cyrus Poonawalla has bought a former maharaja’s mansion in Mumbai from the U.S. government for around 7.5 billion rupees ($113 million), newspapers reported, making it the most expensive ever residential purchase in the country.
  • TAIPEI – Central Bank of the Republic of China (Taiwan) announces rate decision – 0900 GMT. PRAGUE – Czech National Bank holds monetary policy meeting to announce interest rates – 1100 GMT. JERUSALEM – Bank of Israel announces rate decision – 1300 GMT .
  • President Barack Obama will announce steps to bolster access to financial aid for students as part of efforts to make college more affordable, the White House said on Sunday. Students also will be able to electronically retrieve tax information filed for a previous year rather than waiting until tax season to finish their applications.

TRADING STRATEGY :

  • BUY GOLD ABOVE 1110 TARGET 1115 1121 SL 1104
  • SELL GOLD BELOW 1106 TARGET 1101 1095 SL 1112

For more information about Commodity market trading or Comex Signals, please visit EPIC RESEARCH SINGAPORE.

15Sep
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 15 September 2015

MARKET UPDATES :

  • The Straits Times Index (STI) ended 16.56 points or 0.57% lower to 2871.47, taking the year-to-date performance to -14.67%.
  • The top active stocks today were DBS, which declined 0.56%, SingTel, which gained closed unchanged, Global Logistic, which gained2.46%, OCBC Bank, which declined 0.33% and UOB, with a 0.05% advance.
  • The FTSE ST Mid Cap Index declined 0.36%, while the FTSE ST Small Cap Index rose 0.02%.
  • The outperforming sectors today were represented by the FTSE ST Consumer Goods Index, which rose 0.77%. The two biggest stocks of the Index – Wilmar International and Thai Beverage – ended 1.95% higher and 0.74% lower respectively.
  • The underperforming sector was the FTSE ST Technology Index, which slipped 2.13%. Silverlake Axis shares declined 3.85% and STATS ChipPAC remained unchanged.
  • The three most active Exchange Traded Funds (ETFs) by value today were : Sti Etf (-0.34%), Is Msci India 100 (+1.65%), Spdr Gold Shares (-0.07%)
  • The three most active Real Estate Investment Trusts (REITs) by value were : Ascendas Reit (-0.46%), Capitamall Trust (-1.06%), Capitacom Trust (-1.14%)
  • The most active index warrants by value today were : HSI20800MBePW150929 (-17.76%), HSI22200MBeCW150929 (-17.57%), HSI19600MBePW151029 (-7.83%)
  • The most active stock warrants by value today were : DBS MB eCW160201 (-5.49%), UOB MB eCW160111 (-3.50%), OCBC Bk MBeCW160111 (-4.88%)

STOCK RECOMMENDATION :

  • BUY YANGZIJIANG SHIPBLDG ABOVE 1.180 TARGET 1.220 1.260 SL 1.120

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