23Apr
Forex Signals

IForex Market Trading Signals and News – 23 April 2015

INTERNATIONAL CURRENCY BUZZ :

  • Forex- Dollar broadly lower ahead of U.S. home sales data.
  • Forex- Pound moves higher after BoE minutes.
  • Forex- Euro edges higher in quiet trade.

GBP/USD
GBP/USD was up 0.54% to 1.5011 from around 1.4938 ahead of the minutes. Sterling gained ground on Wednesday after the minutes of the Bank of England’s April meeting showed that officials see an improved chance that inflation could bounce back more strongly in 2015.The minutes of the BoE’s latest monetary policy meeting showed that policymakers voted nine to zero in favor of keeping rates unchanged at a record low 0.5%, but the decision remained “finely balanced” for two officials. The central bank said it still expects that inflation could turn negative in the next couple of months, having been flat in February and March.

EUR/USD
EUR/USD was up 0.19% to 1.0757, off Tuesday’s lows of 1.0659.The euro edged higher on Wednesday but concerns over Greece’s debt negotiations continued to weigh on the single currency in subdued trade. The Greek government is no closer to reaching an agreement with its euro zone partners and the International Monetary Fund over economic reforms required to access remaining bailout funds, fuelling fears that the country could be forced out of the euro zone. On Tuesday Bloomberg reported that the European Central Bank is considering tighter rules on Greek banks in return for emergency liquidity, adding to pressure on Athens. Trade remained subdued with little in the way of economic data to provide fresh direction for markets.

RECOMMENDATION :

  • BUY GBPUSD ABOVE 1.5060 TARGET 1.5080 1.5110 SL 1.5030
  • SELL GBPUSD BELOW 1.5005 TARGET 1.4985 1.4955 SL 1.5035

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

23Apr
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 23 April 2015

MARKET UPDATES :

  • The Straits Times Index (STI) ended 12.37 points or 0.35% lower to 3496.24, taking the year-to-date performance to +3.90%.
  • The top active stocks today were SingTel, which declined 0.46%, DBS, which gained 0.48%, SGX, which gained 2.65%, UOB, which gained 0.04% and Global Logistic, with a 1.49% advance.
  • The FTSE ST Mid Cap Index gained 0.01%, while the FTSE ST Small Cap Index fell 0.51%.
  • The outperforming sectors today were represented by the FTSE ST Real Estate Investment Trusts Index, which rose 0.45%. The two biggest stocks of the Index – CapitaMall Trust and Ascendas REIT – ended 0.45% higher and 1.94% higher respectively.
  • The underperforming sector was the FTSE ST Oil & Gas Index, which slipped 3.21%. Keppel Corp shares declined 4.17% and Sembcorp Industries declined 2.68%.
  • The three most active Exchange Traded Funds (ETFs) by value today were : IS MSCI India (-1.95%), United SSE 50 China ETF (+2.28%), DBXT MSCI Indonesia ETF (+1.30%)
  • The three most active Real Estate Investment Trusts (REITs) by value were : Ascendas REIT (+1.94%), CapitaCom Trust (-0.29%),CapitaMall Trust (+0.45%)

STOCK RECOMMENDATION :

  • BUY BIOSENSORS AT CMP 0.815 TARGET 0.875 0.975 SL 0.750

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

22Apr

Comex Trading Signals and Market News – 22 April 2015

INTERNATIONAL COMMODITY NEWS :

  • Gold flat to weaker in early Asia with attention set on Greece debt .
  • NYMEX crude oil falls in Asia as API data shows solid builds in stocks .
  • U.S. oil futures reverse losses ahead of API supply report .
  • Natural gas futures rebound as power plant demand climbs .
  • Copper under pressure as China property concerns weigh .

ECONOMY NEWS :

  • Banks’ first-quarter trading revenue prompts cautious optimism .
  • Wary of brinkmanship, euro zone steers away from new deadlines for Greece.
  • White House adviser says ‘Grexit’ carries major risks .
  • EU’s Juncker urges Greece step up effort in debt talks .
  • German banks need tighter cost management .
  • BNP executive tipped as front-runner to head Bank of France.

TRADING STRATEGY :

  • BUY GOLD ABOVE 1205 TARGET 1210 1216 SL 1199
  • SELL GOLD BELOW 1194 TARGET 1189 1183 SL 1200

For more information about Comex Commodity Market Trading or Signals, please visit EPIC RESEARCH PRIVATE LIMITED.

22Apr
forex-trading3

IForex Market Trading Signals and News – 22 April 2015

INTERNATIONAL CURRENCY BUZZ :

  • Forex- Dollar broadly higher vs. other majors in subdued trade.
  • Forex- Pound slips lower against dollar in quiet trade.
  • Forex- Euro remains lower after dip in German ZEW.

GBP/USD
GBP/USD hit 1.4856 during European morning trade, the pair’s lowest since April 16; the pair subsequently consolidated at 1.4858, shedding 0.33%.The pound slipped lower against the U.S. dollar in quiet trade on Tuesday, as the greenback continued to recover from a recent batch of downbeat U.S. data. Cable was likely to find support at 1.4699, the low of April 15 and resistance at 1.4986, Monday’s high. The greenback regained ground after a recent string of soft economic data dampened optimism on the U.S. recovery, adding to uncertainty over the timing of a rate hike. The pound showed little reaction to data last Friday showing that the U.K. claimant count dropped 20,700 last month, compared to expectations for a 29,500 decline

EUR/USD
EUR/USD hit lows of 1.0661 and was last at 1.0684, down 0.5% on the day.The euro remained broadly lower on Tuesday as concerns over Greece continued to weigh and after data showing that German economic sentiment deteriorated slightly this month. The Greek government is no closer to reaching an agreement with its euro zone partners and the International Monetary Fund over economic reforms required to access remaining bailout funds, fuelling fears that the country could be forced out of the euro zone. On Tuesday Bloomberg reported that the European Central Bank is considering tighter rules on Greek banks in return for emergency liquidity, adding to pressure on Athens.

RECOMMENDATION :

  • BUY GBPUSD ABOVE 1.4950 TARGET 1.4970 1.5000 SL 1.4920
  • SELL GBPUSD BELOW 1.4910 TARGET 1.4890 1.4860 SL 1.4940

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

22Apr
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 22 April 2015

MARKET UPDATES :

  • The Straits Times Index (STI) ended 5.36 points or 0.15% higher to 3508.61, taking the year-to-date performance to +4.26%.
  • The top active stocks today were SingTel, which declined 1.36%, DBS, which declined 1.14%, UOB, which gained 0.50%, Keppel Corp, which gained 1.19% and ComfortDelGro, with a 0.99% advance.
  • The FTSE ST Mid Cap Index gained 0.35%, while the FTSE ST Small Cap Index rose 0.87%.
  • The outperforming sectors today were represented by the FTSE ST Utilities Index, which rose 1.44%. The two biggest stocks of the Index – United Envirotech and Hyflux – ended 1.11% lower and 1.08% higher respectively.
  • The underperforming sector was the FTSE ST Telecommunications Index, which slipped 1.35%. SingTel shares declined 1.36% and StarHub declined 0.91%.
  • The three most active Exchange Traded Funds (ETFs) by value today were: IS MSCI India (-1.16%), SPDR DJIA ETF Trust (+0.03%)DBXT FT China 25 ETF (+2.40%)
  • The three most active Real Estate Investment Trusts (REITs) by value were: Ascendas REIT (-2.27%), CapitaCom Trust (+1.17%) ,Keppel REIT (+1.24%)
  • The most active index warrants by value today were : HSI26600MBePW150528 (-30.97%),HSI28600MBeCW150528 (+44.12%),HSI29000MBeCW150629 (+38.60%)
  • The most active stock warrants by value today were : KpCorp MBeCW150901 (+7.34%), OCBC Bk MBeCW150803 (+1.84%), UOB MB eCW150701 (+3.55%)

STOCK RECOMMENDATION :

  • BUY ACCORDIA AT CMP 0.805 TARGET 0.850 0.950 SL 0.750

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

21Apr

Comex Trading Signals and Market News – 21 April 2015

INTERNATIONAL COMMODITY NEWS :

  • Copper futures climb to 2-week high on China stimulus move .
  • Gold prices gain slightly in Asia as investors focus on Greece debt woes .
  • NYMEX crude dips slightly in early Asia with API data ahead, Yemen eyed .
  • Natural gas futures slump 3% on demand concerns .
  • Oil up on drop in U.S. crude stockpiles, Saudi tensions .

ECONOMY NEWS :

  • U.S. offers Ukraine $17.7 million in humanitarian aid .
  • U.S. and Japan narrow gaps substantially in trade talks .
  • Volcker calls for U.S. financial regulation shakeup .
  • ECB’s Nowotny says impact of any Greek exit less now than before .
  • China’s Latest Rate To Help Maintain Liquidity .

TRADING STRATEGY :

  • BUY GOLD ABOVE 1199 TARGET 1204 1210 SL 1193
  • SELL GOLD BELOW 1189 TARGET 1184 1178 SL 1195

For more information about Comex Commodity Market Trading or Signals, please visit EPIC RESEARCH PRIVATE LIMITED.

21Apr
forex-market-hours

IForex Market Trading Signals and News – 21 April 2015

INTERNATIONAL CURRENCY BUZZ :

  • Forex- Dollar rises vs. rivals, recovers from recent U.S. data .
  • Forex- GBP/USD almost unchanged in subdued trade .
  • Forex- Euro slips lower as Greece concerns weigh .

GBP/USD
GBP/USD hit 1.4984 during European morning trade, the session high; the pair subsequently consolidated at 1.4954.Cable was likely to find support at 1.4809, the low of April 16 and resistance at 1.5054, the high of April 17.The pound was almost unchanged against the U.S. dollar in subdued trade on Monday, as demand for the greenback remained broadly under pressure as trading volumes were expected to remain light with no major U.S. data to be released throughout the session. The greenback remained under pressure as investors pushed back expectations for higher U.S. interest rates after a recent string of soft economic data dampened optimism on the country’s recovery. Markets shrugged off data on Friday showing that the U.K. claimant count dropped 20,700 last month, compared to expectations for a 29,500 decline.

EUR/USD
EUR/USD dipped 0.10% to 1.0801, easing from Friday’s one-week highs of 1.0848.Athens is no closer to reaching an agreement with its euro zone partners and the International Monetary Fund over economic reforms required to access remaining bailout funds, fuelling fears that Greece could be forced out of the euro zone. The euro slipped lower on Monday as concerns over the lack of an agreement on economic reforms for bailout funds between Greece and its creditors weighed. The dollar remained broadly weaker after a recent run of soft economic data saw investors push back expectations for higher U.S. interest rates. The consumer price index edged up 0.2% last month, matching a similar gain in February. On a year-over-year basis, consumer prices dipped 0.1% in March after remaining flat in February.

RECOMMENDATION :

  • BUY GBPUSD ABOVE 1.4920 TARGET 1.4940 1.4970 SL 1.4890
  • SELL GBPUSD BELOW 1.4870 TARGET 1.4850 1.4820 SL 1.4900

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

21Apr
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 21 April 2015

MARKET UPDATES :

  • The Straits Times Index (STI) ended 21.94 points or 0.62% lower to 3503.25, taking the year-to-date performance to +4.10%.
  • The top active stocks today were SingTel, which declined 1.12%, DBS, which declined 0.80%, Keppel Corp, which closed unchanged, CapitaLand, which declined 1.09% and UOB, with a 0.29% fall.
  • The FTSE ST Mid Cap Index fell 0.32%, while the FTSE ST Small Cap Index fell 0.57%.
  • The outperforming sectors today were represented by the FTSE ST Health Care Index, which rose 1.77%. The two biggest stocks of the Index – Raffles Medical Group and Biosensors International Group – ended 1.02% higher and 5.03% higher respectively.
  • The underperforming sector was the FTSE ST Utilities Index, which slipped 1.65%. United Envirotech shares rose 3.15% and Hyflux declined 1.07%.
  • The three most active Exchange Traded Funds (ETFs) by value today were:United SSE 50 China ETF (-0.66%), IS MSCI India (-2.02%) STI ETF (-0.28%).
  • The three most active Real Estate Investment Trusts (REITs) by value were: Ascendas REIT (+0.38%),CapitaCom Trust (-0.58%), CapitaMall Trust (unchanged)
  • The most active stock warrants by value today were:SingTelMBeCW160603 (-4.65%), OCBC Bk MBeCW150803 (-6.03%) UOB MB eCW150701 (-0.70%)

STOCK RECOMMENDATION :

  • BUY YANGZIJIANG AT CMP 1.420 TARGET 1.480 1.580 SL 1.320

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

20Apr

Comex Trading Signals and Market News – 20 April 2015

INTERNATIONAL COMMODITY NEWS :

  • Copper futures boosted by China stimulus hopes .
  • Brent crude seesaws but heads for 10 percent weekly gain .
  • NYMEX crude weaker in Asia as investors mull supply, production curbs .
  • Natural gas futures tumble 2% after bearish storage data .
  • Gold posts slight gains, amid Greek debt concerns and sell-off in China .
  • Crude oil post modest gains, amid forecasts for slower U.S. production .

ECONOMY NEWS :

  • G20 strikes hopeful tone, but officials fret over Greece .
  • U.S. military trainers in Ukraine may destabilize situation.
  • The U.S. Federal Reserve may allow big banks to use some municipal bonds to meet new liquidity rules that ensure they have enough cash during a credit crunch .
  • Greece starts assets sales with horse racing gambling license .
  • Japan, U.S. ministers hail good start on trade talks .

TRADING STRATEGY :

  • BUY GOLD ABOVE 1210 TARGET 1215 1221 SL 1204
  • SELL GOLD BELOW 1200 TARGET 1195 1189 SL 1206

For more information about Comex Commodity Market Trading or Signals, please visit EPIC RESEARCH PRIVATE LIMITED.

20Apr

IForex Market Trading Signals and News – 20 April 2015

INTERNATIONAL CURRENCY BUZZ :

  • Forex- Dollar little changed after U.S. economic reports.
  • Forex- GBP/USD rises to 1-month highs despite tepid U.K. Data.
  • Forex- EUR/USD pares gains after strong UoM report

GBP/USD
GBP/USD hit 1.5003 during European morning trade, the pair’s highest since March 19; the pair subsequently consolidated at 1.4998, gaining 0.42%.The pound rose to one-month highs against the U.S. dollar on Friday, despite the release of mostly disappointing U.K. economic reports, as sentiment on the greenback remained vulnerable after Thursday’s U.S. data. In a report, the Office for National Statistics said that the U.K. claimant count dropped 20,700 last month, compared to expectations for a 29,500 decline. February’s figure was changed to a 29,100 fall from a previously estimated 31,000 drop. A separate report showed that the U.K. unemployment rate ticked down to 5.6% in February from 5.7% the previous month, in line with expectations.

EUR/USD
EUR/USD pulled away from 1.0849, the pair’s highest since April 8, to hit 1.0771 during U.S. morning trade, still up 0.10%.The euro pared gains against the U.S. dollar on Friday, as a strong U.S. consumer sentiment report lent support to the greenback, while earlier euro zone inflation data continued to boost the single currency. In a preliminary report, the University of Michigan said its consumer sentiment index rose to 95.9 this month from 93.0 in March, beating expectation for a reading of 94.0.The UoM also said its inflation expectations for the next 12 months ticked down to 2.5% in April from 3.0% the previous month.

RECOMMENDATION :

  • BUY GBPUSD ABOVE 1.4985 TARGET 1.5005 1.5035 SL 1.4955
  • SELL GBPUSD BELOW 1.4915 TARGET 1.4895 1.4865 SL 1.4945

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

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