20Dec

TODAY’S COMEX GOLD SIGNAL AND DAILY TECHNICAL REPORT

COMEX GOLD SIGNAL

COMEX GOLD SIGNAL

COMEX GOLD SIGNAL

COMEX GOLD SIGNAL

INTERNATIONAL COMEX NEWS

  • The dollar index, a contrarian bet to gold and other commodities, remained down 0.2% at 96.377, after the Fed indicated it would take into account “a wide range of information” in deciding further rate hikes and its dot plot indicated expectations from the FOMC of two rate hikes in 2019, down from three. The FOMC said in determining the timing and size of future rate adjustments, it “will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective.”
  • Despite data showing a disappointing U.S. crude inventory draw, oil prices jumped 2% on Wednesday, recouping about a third of the previous day’s losses after the Federal Reserve indicated there could be fewer rate hikes next year. U.S. West Texas Intermediate crude settled up 96 cents, or 2.1%, at $47.20 per barrel. It had fallen 7% on Tuesday and plumbed an August 2017 low of $46.12. U.K. Brent, the global oil benchmark, was up 30 cents, or 0.5%, at $56.56 per barrel by 3:10 PM ET (20:10 GMT).
  • China’s Sinograin said it had recently bought a few batches of soybeans from the United States, amid a truce in a trade war between the two nations. The state stockpiler made the purchases “to implement the consensus achieved by China and the United States’ heads of state”, it said in a statement dated Dec. 19 that was published on its website.

COMEX GOLD SIGNAL

ECONOMY NEWS

  • After weeks of market volatility and calls by President Donald Trump for the Federal Reserve to stop raising interest rates, the U.S. central bank instead did it again, and stuck by a plan to keep withdrawing support from an economy it views as strong. U.S. stocks and bond yields fell hard. With the Fed signaling “some further gradual” rate hikes and no break from cutting its massive bond portfolio, traders fretted that policymakers could choke off economic growth.
  • The U.S. Treasury and U.S. Trade Representative’s office signed a bilateral deal with the United Kingdom to provide insurance market regulatory certainty and continuity after the country exits the European Union, they said in a statement on Wednesday. The Treasury and USTR signed the pact on Dec. 18, according to the statement published on the USTR’s website. They had announced their intent to sign the U.S.-UK Covered Agreement earlier this month, in a bid to provide stability as Britain prepares to leave the EU on March 29, 2019.
  • The U.S. Federal Reserve has begun signaling the end of its rate-hike cycle is not far off, winding down its sometimes Sisyphean effort to restore a semblance of normalcy to monetary policy. It has been a slow slog – the Fed has managed just nine increases in three years, and it may squeeze in just a couple more.

COMEX GOLD SIGNAL

For More information and daily updated SGX stock picks, Comex signals, Forex signals Click here – http://www.epicresearch.sg or Whatsapp us at +917312580605

18Dec

Singapore Stocks Updates :9 underestimated stocks to watch in the MSCI Singapore Index: KGI

Singapore Stocks Updates :
KGI Securities has featured nine stocks in the MSCI Singapore Index that are as of now underestimated, even as they each offer a FY18 profit yield of over 3.5%.

As per KGI, the nine stocks – ComfortDelGro Corporation, United Overseas Bank (UOB), Keppel Corporation, Singapore Technologies Engineering (ST Engineering), Singapore Exchange (SGX), Oversea-Chinese Banking Corporation (OCBC), CapitaLand, Genting Singapore (GENS), and Singapore Airlines (SIA) – are exchanging underneath their 10-year cost to-income (P/E) and cost to-book (P/B) midpoints.

“We trust that they offer constrained drawback dangers while paying an alluring profit yield,” says expert Joel Ng in a provide details regarding Tuesday.

Comprising 25 constituents, the MSCI Singapore Index is intended to gauge the execution of the substantial and mid-top portions of the Singapore advertise. The record covers around 85% of the free buoy balanced market capitalisation of the Singapore value universe.

“70% of MSCI Singapore stocks are exchanging underneath their 10-year P/B normal while 60% are exchanging beneath their 10-year P/E normal,” says Ng.

ComfortDelGro Corporation

Everyone’s eyes are whether ride-hailing contestant Go-Jek will wage a value war against occupant Grab, and how this recharged rivalry in the private contract vehicle space will influence ComfortDelGro’s taxi business.

ComfortDelGro posted a 2% drop in profit to $78.5 million for the 3Q finished September, for the most part because of lower profits got from its abroad auxiliary, Cabcharge Australia.

Income for the quarter became 8.5% on-year to $967.9 million, driven by expanded commitments from new acquisitions.

As at 12pm on Tuesday, shares in ComfortDelGro are exchanging 2 pennies bring down at $2.12, some 15.5% lower than its 52-week high of $2.51 on Jun 5.

Joined Overseas Bank (UOB)

In 3Q18, UOB revealed a 17% expansion profit to $1.04 billion, driven by twofold digit development in net intrigue salary and lower stipends.

Net intrigue pay rose 14% to $1.60 billion from solid credit development and a net intrigue edge inspire of two premise focuses to 1.81%. Add up to remittances more than split to $95 million, to a great extent because of high recompenses accommodated debilitated advances from the oil and gas and transporting segments in 3Q17.

As at 12pm on Tuesday, shares in UOB are exchanging 56 pennies bring down at $24.36, some 19.2% lower than its 52-week high of $30.14 on Apr 30.

Keppel Corporation

Keppel Corp saw its income sink by 15% to $226 million in the 3Q18 profit finished September, for the most part because of lower commitments from the speculations and property divisions.

Be that as it may, the aggregate put in more grounded execution in the foundation and O&M divisions, which enrolled a net benefit of $2 million, after misfortunes in the first 75%.

3Q18 gathering income came in at $1.3 billion, 20% lower than the $1.6 billion enrolled a year prior.

See: Keppel reports 15% lower 3Q profit of $226 mil on lower commitments from ventures and property divisions

As at 12pm on Tuesday, shares in Keppel Corp are exchanging 8 pennies bring down at $6.02, some 32.1% lower than its 52-week high of $8.86 on Jan 29.

Singapore Technologies Engineering (ST Engineering)

ST Engineering revealed a 5.3% expansion in 3Q18 profit to $134.6 million, as income rose 1% to $1.63 billion on the back of higher commitments from the gathering’s Aerospace and Electronics area.

Net benefit edged up by 1% to $342.6 million in 3Q18, regardless of greater expense of offers at $1.28 billion.

See: ST Engineering posts 5% expansion in 3Q profit to $135 mil

As at 12pm on Tuesday, shares in ST Engineering are exchanging 6 pennies bring down at $3.46, some 6.0% lower than its 52-week high of $3.68 on Apr 19.

Singapore Exchange (SGX)

SGX announced 1Q19 income of $91.1 million, 0.4% higher than a year back, while profit per share stayed unaltered from a year prior at 8.5 pennies.

Income for 1Q19 came in 2.2% higher at $208.9 million, contrasted with $204.5 million per year back.

See: SGX reports level 1Q profit of $91.1 mil on slight ascent in income

As at 12pm on Tuesday, shares in SGX are exchanging 11 pennies bring down at $7.13, some 16.0% lower than its 52-week high of $8.49 on Jan 23.

Oversea-Chinese Banking Corporation (OCBC)

OCBC announced income of $1.25 billion for 3Q18, an expansion of 12% from a year prior, driven by a 23% ascent in benefit from managing an account activities.

Net intrigue pay developed 9% to $1.51 billion in 3Q18, driven by wide based development in client advances of 10% and a 6 premise focuses ascend in net intrigue edge (NIM) to 1.72%.

The expansion in NIM was driven by enhanced edges in Singapore, Malaysia and Greater China, and a higher normal credits to-stores proportion.

See: OCBC reports 12% ascent in 3Q18 income to record $1.25 bil

As at 12pm on Tuesday, shares in OCBC are exchanging 21 pennies bring down at $11.13, some 20.3% lower than its 52-week high of $13.96 on May 2.

CapitaLand

CapitaLand announced a 13.6% expansion in 3Q18 profit to $362.2 million, even as income for the quarter dropped by 16.9% to $1.26 billion. The decrease in income was for the most part owing to bring down commitments from the gathering’s advancement extends in Singapore and China.

Net benefit rose 15.3% to $583.7 million amid the quarter, as expense of offers diminished by 33%.

See: CapitaLand posts 14% expansion in 3Q income to $362 mil on lower expenses and costs

As at 12pm on Tuesday, shares in CapitaLand are exchanging 2 pennies bring down at $3.13, some 19.1% lower than its 52-week high of $3.87 on Jan 30.

Genting Singapore (GENS)

Genting Singapore detailed a 46% ascent in 3Q18 profit to $210.4 million prior on lower working costs, as income rose 1% to $639.1 million.

Working benefit rose 17% to $265.1 million as other working costs fell 97% to $1.2 million and other working salary rose 17% to $22.3 million.

See: Genting Singapore reports 46% ascent in 3Q profit to $210.4 mil on lower working costs

As at 12pm on Tuesday, shares in GENS are exchanging 1.5 pennies bring down at 98.5 pennies, some 29.1% lower than its 52-week high of $1.39 on Jan 24.

Singapore Airlines (SIA)

SIA saw it income dive 81% to $56.4 million in 2Q19, for the most part because of a 40% hop in fuel costs.

Income for the quarter expanded to $4.06 billion, as the leader bearer revealed a 4.2% expansion in income on the back of traveler carriage development.

See: Singapore Airlines 2Q profit fall 81% to $56.4 mil on higher fuel costs

As at 12pm on Tuesday, shares in SIA are exchanging 6 pennies bring down at $9.39, some 20.2% lower than its 52-week high of $11.76 on May 28.

17Dec

Singapore stock dividends assessed to fall 2.8% to $19.87b in 2019: report

Singapore Stock :
The drop is because of the nonattendance of one-off special dividends profits paid by DBS and Keppel Corporation.

Singapore’s stock profits are relied upon to pay $19.87b in all out profits for 2019 which is a – 2.8% YoY decline, as per a report by IHS Markit.

The fall was credited to the nonappearance of an erratic extraordinary profits declared by DBS Group Holdings (DBS) and Keppel Corporation which add up to $90m and $1.38b, individually.

“The huge three banks in Singapore keep on being the biggest profit benefactor and are anticipated to pay $7.13b in 2019,” IHS Markit said in its report. “While add up to profits from this area are set to fall in 2019 inferable from the nonattendance of the irregular specials paid by DBS not long ago, essentials stay vigorous and accord income gauges mirror a peppy search for the banks.”

The report additionally noticed how DBS played down concerns identifying with the effect of the exchange war while United Overseas Bank (UOB) and Oversea-Chinese Banking Corporation (OCBC) are as yet expecting lodging credit development for the year to be around mid-single digit.

Then, Singaporean banks are likewise extending past Singapore to catch development openings around the area, IHS Markit noted. Combined with solid capitalisation and desires for an enlarging net intrigue edge over the present moment, the firm said it anticipates that the uplifting standpoint will mean higher profits going ahead.

“For the coming year, we are expecting the land division which is the second biggest profit patron and retail part to pay higher profits for the third continuous year,” IHS Markit featured. “On the whole, property designers and land venture trusts are seto to pay $3.28b in profits.”

The retail division then again which is spoken to by the recently included constituent Dairy Farm International and Jardine Cycle and Carriage are anticipated to pay $396.9m and $496.2m, separately.

Japan, China, Hong Kong, Australia and Taiwan stay as the best five profit players in the locale, with twofold digit development rates anticipated from China and Hong Kong representing 80% of the anticipated development inside the district.

“APAC profits have delighted in positive development lately and we anticipate that the force will proceed in 2019,” the firm said in its report. “While exchange vulnerabilities cloud conclusions and could hamper development, we are anticipating that profits should be flexible and become humbly 2.3% to $759.73b (US$552.69b).”

17Dec

COMEX MARKET IN SINGAPORE| GOLD TRADING FORECAST TODAY

GOLD TRADING FORECAST TODAY

GOLD TRADING FORECAST TODAY

GOLD TRADING FORECAST TODAY

GOLD TRADING FORECAST TODAY

INTERNATIONAL COMEX NEWS

  • It had to be one safe-haven or the other and the dollar triumphed at the expense of gold on Friday as signs of slowing growth in China sparked risk aversion across the globe. A contrarian trade to bullion, the dollar hit 19-month highs after Beijing’s weakest retail sales performance in 15 years and smallest industrial output in almost three years cast doubts about demand in the No. 2 economy.
  •  U.S. energy firms cut oil rigs for a second week in a row this week, prolonging a move by drillers over the past month to reduce the number of active rigs after crude prices collapsed in October and November. Drillers cut four oil rigs in the week to Dec. 14, bringing the total count down to 873, the lowest since mid October, General Electric Co’s (N:GE) Baker Hughes energy services firm said in its closely followed report on Friday.
  • Brazil is prepared in the event China removes tariffs on U.S. soy, which had driven down prices for the oil seed in Chicago and driven up the premiums over U.S. prices paid for Brazilian beans, outgoing Agriculture Minister Blairo Maggi said on Friday. Maggi, who will step down when President-elect Jair Bolsonaro takes office Jan. 1, said removing the tariffs would lead prices in Chicago and Brazil to converge and bring greater predictability to the soy market that would benefit Brazilian farmers.

GOLD TRADING FORECAST TODAY

ECONOMY NEWS

  • The United States won a legal battle over “dolphin safe” tuna-labeling on Friday, when the World Trade Organization’s appeals judges dismissed Mexico’s argument that the U.S. labeling rules violated WTO rules. More than 10 years after the dispute first came to the WTO in October 2008, the WTO ruling ended Mexico’s claim that U.S. labeling rules unfairly penalized its fishing industry.
  • The U.S. Trade Representative’s office on Friday officially changed the scheduled date of a tariff rate increase on $200 billion worth of Chinese goods to 12:01 a.m. EST (0501 GMT) on March 2, 2019 as the United States and China pursue talks on trade and intellectual property. The change was made in a Federal Register filing from a previously scheduled effective date of Jan. 1, 2019 for the increase to 25 percent from 10 percent.
  • As U.S. stocks have been rocked by trade tensions and monetary policy worries, shares of small-cap companies, by one measure, have now confirmed that they are in their first bear market in three years. On Friday, the small-cap S&P 600 Index (SPCY) fell 1.6 percent to mark a 20.05 percent decline from its Aug. 31 closing high. A drop of 20 percent or more from a record or long-standing high closing level is the typical definition of a bear market.

For More information and daily updated SGX stock picks, Comex signals, Forex signals Click here – http://www.epicresearch.sg or Whatsapp us at +917312580605

13Dec

Singapore’s 2018 economic development estimate raised by 1 ppt to 3.3%: MAS study

Market analysts imagine that assembling development in 2018 will back off to 7.4% from a prior forecast of 7.6%.

Singapore’s total national output could hit 3.3%, up 1 ppt from the anticipated 3.2% development in September, as indicated by a study by the Monetary Authority Singapore (MAS).

As indicated by the study, Q3 GDP was recorded at 2.2%, 0.1 ppt higher than the September study expectation of 2.1%.

For Q3, the recently discharged study predicts that the development of the assembling area could back off from the anticipated 7.6% to 7.4% for 2018.

Respondents containing financial specialists from the private division imagine that the assembling development will back off to 7.4% in 2018, which is down from their 7.6% development forecast in the September study. In the interim, business analysts are increasingly positive with the monetary and protection industry as they foresee that the division’s development will hit 6.9% in 2018 from their past development expectation of 6.7%.

The development part is relied upon to see a lesser compression of – 3.5% from the past conjecture of – 4.2% in the September review. In the interim, development in the discount and retail exchange is anticipated to hit 1.3% (versus 1.5% in the September overview) while the accomodation and sustenance administrations area is relied upon to develop by 3.4% (versus 2.9% in the September overview.

As indicated by the December overview by MAS, business analysts are increasingly positive on the private utilization as they figure development will achieve 3.4%, up from their 2.8% forecast in September. They are additionally positive on the non-oil household sends out (NODX) as they anticipate that development will achieve 6.2% contrasted with their 5% forecast in the September study.

Respondents of the study believe that the facilitating of the exchange strains (47%) is the best upside chance for Singapore’s economy. They additionally think other upside dangers which may float the economy incorporate the US financial arrangement (29%) and local exchange and venture (29%).

In the mean time, all respondents believe that the real drawback hazard to the economy is exchange protectionism. They likewise trust that the higher loan costs (41%) and in addition China’s lull (41%) could scratch Singapore’s economy.

13Dec

TODAY’S COMEX GOLD SIGNAL AND DAILY TECHNICAL REPORT

COMEX GOLD SIGNAL

COMEX GOLD SIGNAL

COMEX GOLD SIGNAL

COMEX GOLD SIGNAL

INTERNATIONAL COMEX NEWS

  • Gold prices ticked higher on Wednesday, hitting the best levels of the session after data showed that U.S. consumer price growth slowed in November. Comex gold futures were up $4, or about 0.3%, at $1,251.20 a troy ounce by 8:45 AM ET (13:45 GMT), not far from a five-month peak of $1,256.60 touched at the start of the week. Meanwhile, spot gold was trading at $1,246.28 per ounce, up $3.30, or 0.25%.
  • OPEC said on Wednesday it had offset a drop in sanctions-hit Iranian oil exports and lowered the 2019 forecast of demand for its crude, underlining the challenge the producer group faces to prevent a glut even after last week’s decision to trim output. In a monthly report, the Organization of the Petroleum Exporting Countries said 2019 demand for its crude would fall to 31.44 million barrels per day, 100,000 bpd less than predicted last month and 1.53 million less than it currently produces.
  • Oil rose to about $61 a barrel on Wednesday, supported by an industry report showing a drop in U.S. crude inventories, a cut in Libyan exports and an OPEC-led deal to trim output. The American Petroleum Institute (API) said on Tuesday that U.S. crude inventories dropped by 10.2 million barrels last week, more than analysts had forecast. Official inventory figures are due later on Wednesday. Brent crude (LCOc1), the global benchmark, rose $1.07 to $61.27 by 0947 GMT.

COMEX GOLD SIGNAL

ECONOMY NEWS

  • Proposals for reforming the World Trade Organization fail to deal with problems raised by the United States, U.S. Ambassador Dennis Shea told the WTO’s General Council on Wednesday. “With respect to the proposal advanced by the European Union, China, and India, it is hard to see how it in any way responds to the concerns raised by the United States,” he said, according to a transcript provided to Reuters.
  • China plans to give foreign companies greater access to its economy and is drafting a replacement of its plan to dominate advanced technologies by 2025, the Wall Street Journal reported Wednesday, citing sources briefed on the strategy. Beijing’s changes would come in response to pressure from U.S. President Donald Trump, who launched a tit-fortat tariff dispute with China this year aimed at balancing trade and giving American firms increased access to the world’s second-largest economy.
  • European Union leaders will ditch proposals to use a euro zone budget for economic stabilization and restrict any funds to long-standing EU goals of convergence among their economies and increasing competitiveness, draft summit conclusions showed on Wednesday. The likely outcome of Friday’s summit are a blow to German Finance Minister Olaf Scholz, a Social Democrat who wanted any euro zone budget to play a stabilization role via a shared unemployment insurance scheme for the zone’s 19 member states.

COMEX GOLD SIGNAL

For More information and daily updated SGX stock picks, Comex signals, Forex signals Click here – http://www.epicresearch.sg or Whatsapp us at +917312580605

11Dec

Singapore Stocks : Starhill Global REIT an appealing intermediary to tourist in the midst of retail headwinds: DBS

Singapore Stocks : DBS Group Research is looking after its “purchase” on Starhill Global REIT (SG REIT) with an unaltered target cost of 75 pennies, which reflects progressively traditionalist rebate rate suppositions due to a less-hopeful standpoint of the trust’s retail portfolio in Singapore.

This is particularly so for Wisma Atria, where DBS thinks working measurements have been delicate despite the fact that the base could be close, as late material changes made to its exchange blend on the ground floor could forecast well for the shopping center.

In a Monday report, expert Carmen Tay features SG REIT as an intermediary to a foreseen uptrend in vacationer landings and spending, as she gauges relentless profits over FY19-20F with an appealing yield of 7%.

“We like SG REIT for its enhanced arrangement of prime retail and office resources in the Asia Pacific district tied down by two unmistakable Orchard Road Malls – Wisma Atria and Ngee Ann City. With visitor entries and spending on an uptrend, we trust SG REIT is ready to profit by this,” says Tay.

“Verifiable operational execution has demonstrated that execution for shopping centers along Orchard street have greater unpredictability and are increasingly delicate to non-optional spending which can be supported by higher traveler landings and spending. This is as opposed to rural shopping centers which cook to a great extent to local people and less non-optional shopping,” she includes.

Tay likewise loves SG REIT for its key stay occupants Myer and David Jones, whose leases together include 49% of the REIT’s incomes. With some of its portfolio’s lord rents due for audit in 2019-2020, she additionally trusts this infers potential upside to profit in the medium term.

Further, Tay features the REIT’s proposed advancement at Wisma – which includes an unutilised net floor region (GFA) of around 100,000 sf – as an esteem improving technique and in this way potential impetus, in her view.

“We comprehend that the supervisor is in standard discourses and the execution of this improvement could yield upside to both NAV and DPUs in the medium term, which isn’t estimated in at current dimensions,” takes note of the investigator.

As at 2.47pm, shares in SG REIT are exchanging level at 67 pennies or multiple times FY19F income.

11Dec

TODAY’S COMEX GOLD SIGNAL AND DAILY TECHNICAL REPORT

COMEX GOLD SIGNAL

COMEX GOLD SIGNAL

COMEX GOLD SIGNAL

COMEX GOLD SIGNAL

INTERNATIONAL COMEX NEWS

  • Gold prices fell on Monday, turning lower after reaching their best level in five months on the back of expectations that the Federal Reserve will need to slow its pace of rate hikes next year. Comex gold futures were down $2.10, or almost 0.2%, to $1,250.45 a troy ounce by 8:40AM ET (13:40 GMT), having earlier touched $1,256.60, the most since July 11. Meanwhile, spot gold was trading at $1,245.10 per ounce, down $3.40, or around 0.3%.
  • Oil prices slumped on Monday, erasing some of last week’s strong gains from an agreement among major producers to curb output in the coming year, while analysts debated whether the deal is enough to rebalance the market. New Yorktraded West Texas Intermediate crude futures fell 96 cents, or 1.82%, at $51.65 a barrel by 9:02 AM ET (14:02GMT).
  •  Libya declared a state of force majeure at its largest oil field after an armed group forced a production halt, just days after OPEC exempted the country from global crude output cuts. The shutdown at the Sharara field will result in a production loss of 315,000 barrels a day, the state energy producer National Oil Corp. said on its website. Sharara is operated by a joint venture between the NOC and Total SA (PA:TOTF), Repsol (MC:REP) SA, OMV AG and Equinor ASA, known formerly as Statoil (OL:EQNR) ASA.

COMEX GOLD SIGNAL

ECONOMY NEWS

  • The Governor of the Reserve Bank of India, Urjit Patel, resigned suddenly on Monday, following months of pressure from Prime Minister Narendra Modi’s government that is threatening the independence of the central bank, sending the rupee tumbling. Government officials have been complaining in the past few months that the central bank should allow lenders to make loans more easily, and want the RBI to hand over some of its surplus reserves to help fund the fiscal deficit.
  • Bethlehem is enjoying its busiest Christmas season on record, the Palestinian Ministry of Tourism said on Monday, with hotels in the birthplace of Jesus almost fully booked for the holiday. Tourism has recovered following a fall in knife and car-ramming attacks which helped push visitor numbers in the biblical city to a 10-year low in 2015. Bethlehem store owners also said they were benefiting from a surge of visitors to Israel in its 70th anniversary year.
  • British Prime Minister Theresa May abruptly decided on Monday to pull a parliamentary vote on her Brexit deal, throwing Britain’s plan to leave the European Union up in the air on the eve of the vote after repeated warnings from lawmakers she faced a rout. While there was no immediate official announcement, a source in Whitehall, the center of British power, said the vote would be delayed, a decision the government could take without having to get the approval of parliament.

COMEX GOLD SIGNAL

For More information and daily updated SGX stock picks, Comex signals, Forex signals Click here – http://www.epicresearch.sg or Whatsapp us at +917312580605

8Dec

Will Singapore land market could influence a election race

Summary : Singapore is preparing for surveys. Since a solitary gathering has ruled continuous since 1959, the genuine significance of the following race lies in the uncommon authority progress that will occur a while later.

Back Minister Heng Swee Keat’s very much arranged height as the city-state’s fourth head administrator is relied upon to flag strategy coherence, however movement is one zone where the present state of affairs is beginning to look like stagnation. Any change Heng presents here will be disputable, however it will have a solid bearing on Singapore’s most desired resource class: property.

Fourteen years prior, Singapore’s third and current Prime Minister Lee Hsien Loong acquired an economy recouping emphatically after the SARS plague of 2003. The property advertise, however, was still in hopelessness in the midst of far reaching questions about Singapore’s long haul intensity.

Lee’s changing of the port city set off a close multiplying of costs in the initial seven years of his standard, in spite of a terrible dive following the 2008 worldwide monetary emergency. While the Marina Bay Sands club and resort is most symbolic of Singapore’s urban change, it was the city’s push into riches and resource the board, and its grip of keeping money and innovation back workplaces, that made employments and acquired vagrants.

What’s more, migraines, as well. After Singapore’s voters demonstrated their disappointment with congestion in the 2011 race, the arrangement pendulum swung the contrary way. In any case, in maturing Singapore, stricter migration implied tolerating slower populace development. Lee’s organization would not like to hazard a property bubble powered by shabby cash being printed by Western national banks. So it controlled energy for land with extravagant stamp obligations and unforgiving principles on home borrowers’ aggregate obligation. Costs fell relatively 12% more than four years. A recuperation, which got in progress a year ago, was additionally packed somewhere around the legislature.

The uplifting news presently is that the interest supply irregularity is facilitating, in any event in the rental market. At the point when Lee took up the best occupation in August 2004, relatively 8.5% of the island-state’s lodging stock was vacant; the opening rate hit a four-year low of 6.8% in September 2018. A further facilitating of the shade would add to a rental recuperation and go about as an extra buy motivator, as indicated by Bloomberg Intelligence experts Patrick Wong and Mohsen Crofts.

It’s not clear whether Heng needs to request that voters rethink the exchange off between lodging riches and movement. Be that as it may, he should attempt. For a general public with 90%-in addition to home proprietorship and solid framework, tolerating more nonnatives involves personal responsibility.

Mapletree REITs among most ‘cautious’ stocks: SGX

The four REITs saw normal annualized add up to returns of 13.3% since their IPOs.

Mapletree REITs including Mapletree Logistics Trust (MLT), Mapletree Industrial Trust (MIT), Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) are among the most guarded stocks as their annualized add up to returns since their underlying open contributions (IPOs) somewhere in the range of 2005 and 2013 hit 13.3%, the Singapore Exchange (SGX) said.

SGX additionally noticed that the consolidated IPO advertise capitalisation of the four REITs was at $5.8b. By 23 November, this nearly tripled to $16b.

YTD, the four Mapletree REITs found the middle value of a 1% decrease in all out return, following a 33% normal aggregate returns in 2017.

“By correlation the FTSE EPRA/NAREIT Asia Pacific ex-Japan Index declined 3% and the iEdge S-REIT Index declined 4% in 2018 YTD,” SGX disclosed to demonstrate the quality of the REITs.

MCT saw the most astounding aggregate return YTD of 6.3%, trailed by MLT (- 2.5%), MIT (- 3.3%), and MNACT (- 5.4%).

Since their IPOs, MIT saw the most astounding normal annualized add up to returns of 16.6%, trailed by MCT (14.9%), MLT (12%), and MNACT (9.8%), SGX uncovered.

“Mapletree Investments was set up in December 2000 to hold non-port properties exchanged from PSA Corporation to Temasek Holdings,” SGX noted. “Since joining Mapletree in 2003 as Group CEO, Hiew Yoon Khong has driven the gathering from a Singapore-driven land organization worth $2.3b to a worldwide organization with aggregate resources under administration of more than $46b.”

Conclusion :

We can see 1.5 % growth in Singapore GDP and as it is one of the costly city in the world , there is a need to increase in per capita income and export too.

Epic Research Singapore analysts team have developed certain trading strategies which investors simply should NOT ignore. Download our free ebooks and get free advice from our experienced research team.

 

7Dec

TODAY’S COMEX GOLD SIGNAL AND DAILY TECHNICAL REPORT

COMEX GOLD SIGNAL

COMEX GOLD SIGNAL

COMEX GOLD SIGNAL

COMEX GOLD SIGNAL

INTERNATIONAL COMEX NEWS

  • Gold prices were flat on Thursday after the arrest of a top executive at China-based Huawei Technologies sparked worries that it could reignite the U.S.-Sino trade dispute. Comex gold futures for February delivery inched up 0.04% to $1,243.05 a troy ounce as of 8:52 AM ET (13:52 GMT). Market sentiment was on edge after Meng Wanzhou, the chief financial officer at smartphone company Huawei was arrested in Canada on an an extradition request by the U.S. The U.S. has been investigating whether or not she violated sanctions against Iran.
  • OPEC tentatively agreed an oil-output cut on Thursday but was waiting to hear from non-OPEC heavyweight Russia before deciding the exact volumes for a production reduction aimed at propping up crude prices, two sources from the group said. Russian Energy Minister Alexander Novak flew home from Vienna earlier for talks with President Vladimir Putin in St Petersburg.
  • The Trump administration is expected on Thursday to roll back an Obama-era rule that requires new coal plants to capture their carbon emissions, a move that could crack open the door in coming years for new plants fired by the fossil fuel. The Environmental Protection Agency (EPA) will make an “energy policy announcement” at 1:30 p.m. EST (1830 GMT) on Thursday.

COMEX GOLD SIGNAL

ECONOMY NEWS

  • Remainers were jubilant when an adviser to the European Union’s top court said the U.K. should be able to change its mind about Brexit. But the opinion of Advocate General Manuel Campos Sanchez-Bordona is non-binding on the EU’s Court of Justice — meaning judges can decide for themselves as they prepare to issue a landmark ruling on whether Britain could unilaterally revoke the “Article 50” letter that started the clock ticking on Brexit.
  • China and India may be talking about improving their trade relationship but there is little action to go with the words. According to Indian government officials and representatives of various Indian trade bodies, progress is very slow – and may even be getting slower after last weekend’s truce between the United States and China in their trade war. Both India and China have sought to rebuild trust after a armed standoff over a stretch of the Himalayan border last year.
  • Britain will suspend its top tier investor visas, which require 2 million pounds ($2.55 million) in investment, as part of a drive to crack down on organized crime and money laundering. From Russian oligarchs and Middle Eastern oil barons to newly-minted Chinese entrepreneurs, the wealthy have flocked to London over the past two decades, snapping up everything from opulent homes to soccer clubs.

7dec5

For More information and daily updated SGX stock picks, Comex signals, Forex signals Click here – http://www.epicresearch.sg or Whatsapp us at +917312580605

 

 

© Copyright 2013, All Rights Reserved, Epic Research Pvt. Ltd.