Monthly Archives: September 2015

11Sep
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 11 September 2015

MARKET UPDATES :

  • The Straits Times Index (STI) ended 40.15 points or 1.37% lower to 2888.03, taking the year-to-date performance to -14.18%.
  • The top active stocks today were DBS, which declined 1.34%, Singtel, which declined 1.33%, UOB, which declined 1.67%, Global Logistic, which declined 2.40% and OCBC Bank, with a 1.31% fall.
  • The FTSE ST Mid Cap Index declined 1.01%, while the FTSE ST Small Cap Index declined 1.07%.
  • The outperforming sectors today were represented by the FTSE ST Industrials Index, which declined 0.65%. The two biggest stocks of the Index – Jardine Matheson Holdings and Jardine Strategic Holdings – ended 1.46% higher and 1.50% lower respectively.
  • The underperforming sector was the FTSE ST Oil & Gas Index, which slipped 2.33%. Keppel Corp shares declined 2.14% and Sembcorp Industries declined 3.42%.
  • The three most active Exchange Traded Funds (ETFs) by value today were : Ishares Usd Asia Hy Bond ETF (-0.30%), STI ETF (-1.01%), DBXT MSCI Indonesia ETF (-1.06%)
  • The three most active Real Estate Investment Trusts (REITs) by value were : Ascendas REIT (-1.35%), CapitaLand Commercial Trust (-2.59%), CapitaLand Mall Trust (-1.05%)
  • The most active index warrants by value today were : HSI22200MBeCW150929 (-34.51%),HSI20800MBePW150929 (+27.38%), CN10000MBePW150929 (+5.73%)
  • The most active stock warrants by value today were : DBS MB eCW160201 (-5.20%),OCBC Bk MBeCW160111 (-5.20%),UOB MB eCW160111 (-11.73%)

STOCK RECOMMENDATION :

  • BUY CORDLIFE GROUP ABOVE 1.450 TARGET 1.500 1.550 SL 1.390

For more information about SGX stock market please feel free to visit EPIC RESEARCH SINGAPORE.

10Sep

Comex Trading Signals and Market News – 10 September 2015

INTERNATIONAL COMMODITY NEWS :

  • Gold futures struggled on Wednesday, as strong gains in global equity markets dampened demand for the yellow metal. Gold prices were also weighed amid ongoing uncertainty about whether the Federal Reserve will increase interest rates later this month when it meets on September 16-17.
  • Copper futures extended strong gains from the prior session on Wednesday to hit the highest level in more than seven weeks as indications of steady demand from China and news of global production cuts boosted prices.
  • Crude oil prices remained steady but at low levels in early Asian trading on Wednesday as concerns remained that high global production was being met by increasingly slowing demand.

ECONOMY NEWS :

  • German Chancellor Angela Merkel said on Wednesday that the euro zone economy was in better shape than a year ago and said reform efforts by countries like Spain and Ireland had paid off. “If we look at the euro zone as a whole, we can say that there is an economic recovery, the situation is better than a year ago,” Merkel told the Bundestag lower house of parliament.
  • China’s economic fundamentals are healthy, the head of the country’s top economic planner said on Wednesday.”China has contributed around 30 percent of the world’s economic growth,” Xu Shaoshi, chairman of the National Development and Reform Commission (NDRC), said at the World Economic Forum (WEF), the Swiss-based corporate think-tank which runs the Davos summit of world leaders.

TRADING STRATEGY :

  • BUY GOLD ABOVE 1109 TARGET 1114 1120 SL 1103
  • SELL GOLD BELOW 1105 TARGET 1100 1094 SL 1111

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

10Sep

IForex Market Trading Signals and News – 10 September 2015

INTERNATIONAL CURRENCY BUZZ :

  • Forex – Sterling falls to day’s lows after disappointing U.K. data
  • Forex – Aussie holds gains amid downbeat survey, data and RBA remarks
  • Forex – Dollar higher against yen as risk appetite recovers

USD/JPY
The dollar moved higher against the yen on Wednesday as the prospect of more economic stimulus by China bolstered risk appetite and dampened demand for the safe haven yen. USD/JPY rose 0.74% to 120.70, off overnight lows of 119.8.Japan’s Nikkei posted the largest one day percentage gain in seven years on Wednesday after China’s finance ministry said late Tuesday that it would implement fresh measures to stimulate economic growth.Chinese equeties rallied as the announcement alleviated concerns over slowing growth, driving broader gains in regional equity markets and in commodity markets.The dollar was also higher against the euro, with EUR/USD dipping 0.17% to 1.1182.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose 0.25% to 96.08.

GBP/USD
The pound fell to session lows against the dollar on Wednesday after data showing that U.K. industrial output unexpectedly fell in July and another report showing that the country’s trade deficit widened sharply.GBP/USD was down 0.26% to 1.5355 from around 1.5398 ahead of the data.The drop in the pound came after the Office for National Statistics said U.K. industrial production fell by 0.4% in July and rose just 0.8% from a year earlier. Manufacturing production declined 0.8% in July, the largest drop since May 2014 and was 0.5% lower on a year-over-year basis.The sharp drop came as output fell sharply at transport equipment makers and manufacturers of basic metals & metal products, the report said.A separate report from the ONS showed that the U.K.’s trade gap widened sharply in July.The deficit in goods widened to £11 billion, the largest shortfall since July 2014, as exports tumbled by almost 10%.

RECOMMENDATION :

  • BUY GBP/USD ABOVE 1.5445 TARGET 1.5465 1.5495 SL 1.5415
  • SELL GBP/USD BELOW 1.5370 TARGET 1.5350 1.5320 SL 1.5400

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

10Sep
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 10 September 2015

MARKET UPDATES :

  • The Straits Times Index (STI) ended 42.86 points or 1.49% higher to 2928.18, taking the year-to-date performance to -12.99%.
  • The top active stocks today were SingTel, which gained 3.29%, DBS, which gained 1.47%, UOB, which gained 2.59%, OCBC Bank, which gained 1.67% and Global Logistic, with a 1.96% advance.
  • The FTSE ST Mid Cap Index gained 1.30%, while the FTSE ST Small Cap Index rose 1.49%.
  • The outperforming sectors today were represented by the FTSE ST Health Care Index, which rose 3.13%. The two biggest stocks of the Index – Raffles Medical Group and Tianjin Zhongxin Pharmaceutical Group Corporation – ended 6.36% higher and 0.48% higher respectively.
  • The underperforming sector was the FTSE ST Technology Index, which slipped 0.49%. Silverlake Axis shares declined 0.92% and STATS ChipPAC remained unchanged.
  • The three most active Exchange Traded Funds (ETFs) by value today were : Sti Etf (+1.02%), Dbxt Ft China 25 Etf 10 (+3.89%), Ishares Usd Asia Hy Bond Etf (-0.10%)
  • The three most active Real Estate Investment Trusts (REITs) by value were : Ascendas Reit (+3.24%), Capitamall Trust (+1.60%), Capitacom Trust (+2.27%)
  • The most active index warrants by value today were : HSI22200MBeCW150929 (+56.94%), HSI20600MBePW151029 (-26.32%), HSI20800MBePW150929 (-36.84%)
  • The most active stock warrants by value today were : DBS MB eCW160201 (+5.49%), OCBC Bk MBeCW160111 (+7.45%), UOB MB eCW160111 (+16.55%)

STOCK RECOMMENDATION :

  • BUY QT VASCULAR ABOVE 0.103 TARGET 0.105 0.110 SL 0.96

For more information about SGX stock market please feel free to visit EPIC RESEARCH SINGAPORE.

9Sep

Comex Trading Signals and Market News – 09 September 2015

INTERNATIONAL COMMODITY NEWS :

  • Gold futures declined on Tuesday, as sentiment was boosted amid a global stock market rally, despite grim trade data from China that caused further volatility in Asian markets.
  • Crude oil futures were mixed in choppy trade on Tuesday, as a refinery closure weighed on West Texas Intermediate prices while Brent edged higher, tracking strong gains in global equity markets.
  • Copper futures rallied on Tuesday, as strong gains in China’s equity markets boosted sentiment.
  • Oil prices remained weak on Tuesday as the global economic outlook darkened further and cooperation between oil producing countries to curb oversupply looked unlikely.

ECONOMY NEWS :

  • German Finance Minister Wolfgang Schaeuble said on Tuesday that central bank policy could do little to help the economy when people and states take on too much debt.
  • China’s imports tumbled in August, raising concerns about the health of the world’s second-largest economy and its contribution to global growth
  • Greek banks’ bad loans, which peaked after capital controls were imposed in late June, have dipped to around 45 percent of their loan books and are likely to fall further, daily newspaper Kathimerini said on Tuesday, citing bankers’ estimates.
  • Japan’s blue-chip Nikkei stock index closed down 2.5% on Tuesday, moving into negative territory for the year, as weak Chinese trade data underlined concerns about slowing demand for Japanese exports from China

TRADING STRATEGY :

  • BUY GOLD ABOVE 1125 TARGET 1130 1136 SL 1119
  • SELL GOLD BELOW 1122 TARGET 1117 1111 SL 1128

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

9Sep

IForex Market Trading Signals and News – 09 September 2015

INTERNATIONAL CURRENCY BUZZ :

  • Forex – Pound rises to 1-week highs vs. weaker dollar
  • Forex – Dollar moves lower vs. euro, yen with all eyes on Fed
  • Forex – Yen weaker despite GDP, current account better than expected

EUR/USD
The dollar moved lower against the euro and the yen on Tuesday, as uncertainty over the timing of a rate hike by the Federal Reserve mounted ahead of the central bank’s policy meeting scheduled next week. EUR/USD gained 0.42% to trade at 1.1218, the highest level since September 3. Sentiment on the greenback remained vulnerable after Friday’s U.S. jobs report failed to provide much clarity on when the Fed will decide to raise short term interest rates. EUR/USD gained 0.42% to trade at 1.1218, the highest level since September 3. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.38% at 95.77, the lowest level since September 4. Earlier Tuesday, data showed that Japan’s second quarter gross domestic product fell 0.3%, less than the 0.4% expected drop.

GBP/USD
The pound rose to one-week highs against the U.S. dollar on Tuesday, as sentiment on the greenback remained vulnerable ahead of the Federal Reserve’s highly-anticipated policy meeting scheduled next week. GBP/USD hit 1.5389 during European morning trade, the pair’s highest since September 1; the pair subsequently consolidated at 1.5342, gaining 0.42%.Cable was likely to find support at 1.5168, Monday’s low and resistance at 1.5407, the high of September 1. Sentiment on the greenback remained vulnerable after Friday’s U.S. jobs report failed to provide much clarity on when the Fed will decide to raise short term interest rates. Market participants were also lookig ahead to the Bank of England’s upcoming policy statement on Thursday, for further indications on whether or not it plans to raise interest rates in the near future.Sterling was also higher against the euro, with EUR/GBP shedding 0.37% to 0.7283.

RECOMMENDATION :

  • BUY GBP/USD ABOVE 1.5445 TARGET 1.5465 1.5495 SL 1.5415
  • SELL GBP/USD BELOW 1.5370 TARGET 1.5350 1.5320 SL 1.5400

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

9Sep
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 09 September 2015

MARKET UPDATES :

  • The Straits Times Index (STI) ended 32.91 points or 1.15% higher to 2885.32, taking the year-to-date performance to -14.26%.
  • The top active stocks today were DBS, which gained 1.49%, SingTel, which declined 0.55%, Global Logistic, which gained 0.99%, OCBC Bank, which gained 1.81% and Wilmar Intl, with a 1.14% fall.
  • The FTSE ST Mid Cap Index gained 1.21%, while the FTSE ST Small Cap Index rose 0.89%.
  • The outperforming sectors today were represented by the FTSE ST Utilities Index, which rose 2.66%. The two biggest stocks of the Index – China Everbright Water and SIIC Environment Holdings – ended 1.52% higher and 4.40% higher respectively.
  • The underperforming sector was the FTSE ST Telecommunications Index, which slipped 0.35%. SingTel shares declined 0.55% and StarHub rose 1.69%.
  • The three most active Exchange Traded Funds (ETFs) by value today were : Is Msci India 100 (+1.37%), Sti Etf (+1.03%),Dbxt Msci China Trn Etf 10 (+4.25%)
  • The three most active Real Estate Investment Trusts (REITs) by value were : Ascendas Reit (unchanged), Capitamall Trust (-0.27%), Capitacom Trust (+1.54%)
  • The most active index warrants by value today were : HSI20800MBePW150929 (-36.67%),HSI22200MBeCW150929 (+67.44%),HSI21800MBeCW151029 (+42.24%)
  • The most active stock warrants by value today were : DBS MB eCW160201 (+10.07%),OCBC Bk MBeCW160111 (+9.52%), KepCorp MBeCW160201 (+10.71%)

STOCK RECOMMENDATION :

  • BUY YANLORD LAND ABOVE 1.040 TARGET 1.080 1.140 SL 0.980

For more information about SGX stock market please feel free to visit EPIC RESEARCH SINGAPORE.

8Sep

Comex Trading Signals and Market News – 08 September 2015

INTERNATIONAL COMMODITY NEWS :

  • Gold prices eased in Asia Monday with trade seen thing with markets in the U.S. and Canada shut for a holiday. Gold for December delivery on the Comex division of the New York Mercantile Exchange dropped 0.27% at $1,118.40 a troy ounce.
  • Copper futures rose in choppy trade on Monday, as investors continued to monitor wild swings in China’s equity markets. Copper prices have been under heavy selling pressure in recent weeks as fears of a China-led global economic slowdown spooked traders and rattled sentiment.
  • Oil futures extended losses from the prior session on Monday, as ongoing worries over the health of the global economy fueled concerns that a global supply glut may stick around for longer than anticipated.

ECONOMY NEWS :

  • China on Monday revised its 2014 GDP growth figure to 7.3 percent from a previously reported 7.4 percent. The revision comes just a day after China’s Finance Minister Lou Jiwei said that the country’s overall GDP growth would remain at approximately 7 percent.
  • Japanese Prime Minister Shinzo Abe looks set to win a rare second consecutive term but economists predict he won’t use that victory to push through bold reforms such as labor market changes that are considered vital for long-term growth.
  • The combined assets of the world’s largest 300 pension funds grew more than 3 percent in 2014 to a new high of more than $15 trillion, driven by retirement saving in North America and Europe, a study showed on Monday.

TRADING STRATEGY :

  • BUY GOLD ABOVE 1123 TARGET 1128 1134 SL 1117
  • SELL GOLD BELOW 1118 TARGET 1113 1107 SL 1124

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

8Sep

IForex Market Trading Signals and News – 08 September 2015

INTERNATIONAL CURRENCY BUZZ :

  • Forex – Dollar edges lower vs. rivals in quiet trade
  • Forex-Kiwi re-approaches 6-year low against greenback
  • Forex – Aussie jumps in Asia on AIG construction, ANZ job ads

EUR/USD
The Australian dollar rose off a six-year trough against its U.S. counterpart on Monday, supported by the release of upbeat job advertisement data from Australia, although hopes for a U.S. rate hike this month continued to lend support to the greenback. AUD/USD hit 0.6949 during late Asian trade, the session high; the pair subsequently consolidated at 0.6930, gaining 0.31%. The pair was likely to find support at 0.6901, Friday’s low and a six-year trough and resistance at 0.7023, Friday’s high. Data earlier showed that job advertisements in Australia increased by 1.0% last month after a 0.5% slip in July, whose figure was revised from a previously estimated 0.4% fall.In the U.S., the Labor Department reported on Friday that the economy added 173,000 jobs last month, slowing after an upwardly revised gain of 245,000 in July. It was the smallest increase in employment in five months and was below expectations for 220,000.

AUD/USD
The bid tone around the GBP/USDpair keeps increasing as we progress towards the European afternoon as markets appear to unwind ahead of BOE Super Thursday scheduled later this week. The GBP/USD pair trades 0.61% higher at 1.5262, retracing from fresh session highs reached at 1.5279. The cable keeps its upbeat momentum intact as markets continue to lock-in gains on their GBP shorts after the recent UK data-led slump with the attention shifting towards UK fundamentals to be reported in the week ahead. The British pound was hammered to fresh four-month lows of 1.5160 versus the US dollar last week following a better US jobs report coupled with a series of weak PMI reports from the UK. Markets now turn their attention towards the latter half of the week especially the ‘Super Thursday’ as trading is expected to be in a narrow range amid a data-dry EUR calendar empty while the US remains closed for the Labor Day holiday.

RECOMMENDATION :

  • BUY GBP/USD ABOVE 1.5300 TARGET 1.5320 1.5350 SL 1.5270
  • SELL GBP/USD BELOW 1.5270 TARGET 1.5250 1.5220 SL 1.5300

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

8Sep
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 08 September 2015

MARKET UPDATES :

  • The Straits Times Index (STI) ended 11.4 points or 0.4% lower to 2852.41, taking the year-to-date performance to -15.24%.
  • The top active stocks today were DBS, which declined 0.34%, SingTel, which declined 0.54%, Global Logistic, which declined 0.98%, OCBC Bank, which declined 0.34% and UOB, which closed unchanged.
  • The FTSE ST Mid Cap Index declined 0.72%, while the FTSE ST Small Cap Index declined 0.55%.
  • The outperforming sectors today were represented by the FTSE ST Consumer Services Index, which declined 0.22%. The two biggest stocks of the Index – Jardine Cycle & Carriage and Singapore Airlines – ended 1.93% lower and 0.10% lower respectively.
  • The underperforming sector was the FTSE ST Basic Materials Index, which slipped 3.35%. Midas Holdings shares remained unchangedand NSL declined 1.08%.
  • The three most active Exchange Traded Funds (ETFs) by value today were : Is Msci India 100 (-1.36%),Sti Etf (unchanged), Spdr Gold Shares (-0.34%)
  • The three most active Real Estate Investment Trusts (REITs) by value were : CapitaMall Trust (-0.53%), Ascendas Reit (-0.46%), Capitacom Trust (-0.38%)
  • The most active index warrants by value today were : HSI20800MBePW150929 (+6.60%), HSI22200MBeCW150929 (-25.86%), CN8500MBePW160226 (unchanged)
  • The most active stock warrants by value today were : DBS MB eCW160201 (-2.61%), OCBC Bk MBeCW160111 (-2.00%),UOB MB eCW160111 (+2.29%).

STOCK RECOMMENDATION :

  • BUY CORDLIFE GROUP ABOVE 1.280 TARGET 1.320 1.380 SL 1.220

For more information about SGX stock market please feel free to visit EPIC RESEARCH SINGAPORE.

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