| Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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WanSiTong
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19-Jul-2016 16:39
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The market was also looking ahead to the European Central Bank policy meeting on Thursday -. Its first since the UK' s surprise vote to leave the European Union last month While most economists expect the ECB to leave its policy mix unchanged, ECB President Mario Draghi' s press conference could offer a window into his thoughts on the impact of Brexit on the eurozone economy and markets. Hopes about central bank stimulus after the Brexit vote have helped push stocks higher in recent weeks. The Bank of England kept interest rates on hold last week, but signaled it is likely to ease policy in August. Equity markets tend to flourish on the promise of extra central bank stimulus, because cutting rates or buying bonds pushes down yields, prompting investors to look for returns elsewhere. In commodities, Brent crude, the international oil price benchmark, was down 0.1% at $ 46.90 a barrel Tuesday amid worries about the continued oversupply in the oil market. Gold was broadly flat, rising just 0.04%.   |
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WanSiTong
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19-Jul-2016 16:21
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Asia Shares Broadly Lower on Profit Taking, but Japan Continues to Shine Stocks in Japan rose for the sixth straight session Tuesday, on growing expectations that the Bank of Japan will soon roll out stimulus for the economy. Many analysts expect the Bank of Japan to unveil more stimulus measures at its next monetary policy meeting, to be held July 28-29.   Asian Indexes
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WanSiTong
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19-Jul-2016 15:23
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European stocks open lower as oil prices fall European stocks opened lower on Tuesday as investors tread carefully amid a drop in oil prices and ongoing geopolitical tensions. The pan-European STOXX 600 was down 0.35 percent. The lower European open comes as concerns over a crude and refined fuel glut outweighed an expected cut in U.S. shale production and a probable further draw in U.S. crude inventories, Reuters reported. Crude prices fell more than 1 percent in the previous session after worries about potential supply disruptions stemming from an attempted coup in Turkey proved unfounded. European IndexesAsian Indexes
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WanSiTong
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19-Jul-2016 11:08
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Singapore Stocks Sink With Offshore Marine Sector Singapore' s FTSE Straits Times Index trades 0.5% lower at 2913.16 soon after Tuesday' s open, snapping recent gains that had put it at its highest in nearly three months. Banks, Offshore marine firms and developers appear to be the drag. Asian Indexes
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WanSiTong
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19-Jul-2016 08:56
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Stocks To Watch SMRT, NOL, Trek 2000, China Environment, Keppel DC REIT, Keppel Infrastructure Trust   |
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WanSiTong
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19-Jul-2016 08:36
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Asia set for a higher open, after US indexes make new push into record territory 1 Hour Ago Futures pointed to a mostly higher open for Asia on Tuesday, following another record session in the U.S. amid earnings season. Asian Indexes
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Bigmama
Elite |
19-Jul-2016 08:01
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👍 😀
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risktaker
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19-Jul-2016 07:50
Yells: "Posts are opinions. Do not take it as investment advise " |
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Yes ur target price for gold is good...similar to mine year 2020 there will be alot of people regret not to buy gold at this low price .....
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Bigmama
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19-Jul-2016 07:44
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I am hoping gold reach 1500 (end 16)
And reach its peak 1900 in 17/18 and breaks up to about to about 2500 in the next few years.
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risktaker
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19-Jul-2016 07:41
Yells: "Posts are opinions. Do not take it as investment advise " |
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Sgx should not remove cap on clearing fee.... very expensive nowadays... especially if one trade big... the clearing fee is crazy.. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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risktaker
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19-Jul-2016 07:36
Yells: "Posts are opinions. Do not take it as investment advise " |
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Eventually to contain the endless printing of money in the world... a new reserve currency will be introduce and backed by gold....
The new currency will be standard benchmark for all currency. Bigmama do u think this will happen?
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Bigmama
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19-Jul-2016 07:28
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When iso say short gold late last year. I buy big.
He is always right ...just follow him in the opposite direction.... Sure make some good money. Regardless of gold or stock. For 4 years I have never see him right once that is why I love following his recommendation.... Oppsite way. 😜
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risktaker
Supreme |
19-Jul-2016 07:18
Yells: "Posts are opinions. Do not take it as investment advise " |
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Bitcoin or any other digital currency can never replace real physical gold as digital currency need computer infrastructure... in times or war and computer break down or virus even hacking... ur digital could be easily wipe off...
My major is internet security back when i was in my uni days... we cannot depend too much on computer trust me its not safe once ur on the network... my home pc was hack almost everyday that i dont even bother now.. Gold is the only safe currency... analyst and media was told to brief news that they wanted to you to know...most of the time its for their own adavantage or benefit especially in the west.. |
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risktaker
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19-Jul-2016 07:10
Yells: "Posts are opinions. Do not take it as investment advise " |
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Back when America was fully on the gold standard, every Federal Reserve note (our dollars) was redeemable for a quantity of gold. So that gives us a very simple, though intellectually honest, way to value gold today: Divide the dollar amount of Federal Reserve liabilities ($4.4 trillion, roughly) by America?s official holdings (about 287 million ounces).
That simple equation says that the shadow price is close to $15,500 an ounce. But that?s just one way to honestly value gold relative to currency. I showed attendees of our recent conference in Uruguay three other intellectually honest calculations that all put prices well north of the current level in the $1,250 range. For instance: Based on the M1 money supply in America, gold carries a price tag approaching $10,800 an ounce. Use the Global Money Supply, and we?re up to prices that exceed $38,000 an ounce. And base it on America?s national debt ? the idea that government would revalue gold so that it could use the metal to eradicate the debt and effectively reset the economy ? the value is more than $66,000 an ounce. |
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risktaker
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19-Jul-2016 07:09
Yells: "Posts are opinions. Do not take it as investment advise " |
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Lol.... gold is the only thing u should buy now....
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WanSiTong
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19-Jul-2016 06:30
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US stocks close at record highs, Dow hits 7th straight day of gains U.S. stocks closed at all-time highs Monday as Bank of America' s quarterly results helped investor confidence going into earnings season. The Dow Jones industrial average ended about 15 points higher, with Goldman Sachs and Home Depot contributing the most gains. The blue-chips index extended its winning streak to seven days, with a fifth straight day of record closes. " It will be more positive surprises than negative ones, and my guess is that guidance will give people a sense that we' re through the worst," said John Manley, chief equity strategist at Wells Fargo Funds, adding that the three-week equity rally is likely to " stick around" if earnings continue to surprise. Second-quarter earnings kick into full gear this week. " Earnings expectations were so low that there was no place else to go," said Bruce Bittles, chief investment strategist at R.W. Baird. Equity markets are likely to continue a rally as global monetary easing continues, he said. " With record low interest rates, there' s no competition for stocks," Bittles said. " The money has to go somewhere." The strongest sectors, he said, have been those with high dividend yields, like consumer staples and telecom. The energy sector was the biggest drag on the S & P as rising crude stockpiles fueled investor fear that another glut could be building, Reuters reported. Gold futures settled up 0.1 percent at $ 1329.30 per ounce after earlier falling to a session low of $ 1,323.70 per ounce. U.S. crude futures settled down 71 cents to $ 45.24 per barrel after ending the previous session up 27 cents. Brent crude futures settled down 1.37 percent at $ 46.96 per barrel. Read more....   |
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WanSiTong
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18-Jul-2016 17:43
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Straits Times Index 2,928.76   0.12%     +3.41
 
Singapore shares close mixed THE Straits Times Index (STI) kicked off the week with a 3.41 point rise to 2,928.76 on Monday, probably influenced by rises in Hong Kong and the Dow futures. Turnover was a respectable 1.4 billion units worth S $ 1.1 billion, though the broad market, excluding warrants, registered 200 rises versus 222 falls - a more mixed performance than the index' s reading might have indicated. The big news of the day was an announcement by the Singapore Exchange (SGX) that it is to set up a subsidiary to house and perform its frontline regulatory functions. Called RegCo, it will have a separate board of directors who will be independent of any listed company. In response to the news, SGX' s shares rose S $ 0.06 to S $ 7.80 on volume of 1.4 million. In the second line, shares of precision machine parts maker Innovalues crashed S $ 0.145 or 14 per cent to S $ 0.885 on volume of 15.8 million, drawing a query from SGX. The company had not replied by the time that trading ended. Also queried was beauty products seller Best World International, whose shares collapsed S $ 0.155 or 10.6 per cent to S $ 1.31 on volume of 4.6 million. The company made the news last month after its shares quadrupled this year. It had been queried by SGX three times over three months, with a fourth query in June directed at certain items in its latest results.   |
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WanSiTong
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18-Jul-2016 16:48
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Hong Kong: Stocks clock up sixth-straight gain Hong Kong stocks rose again Monday, chalking up a sixth consecutive advance following another record close on Wall Street that was fuelled by forecast-beating US data. But the benchmark Shanghai Composite Index fell 0.35 percent, or 10.74 points, to 3,043.56 and the Shenzhen Composite Index, which tracks stocks on China' s second exchange, lost 0.53 per cent, or 10.85 points, to 2,027.88. Dow future up 47 points. Asian Indexes
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andysim83
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18-Jul-2016 15:55
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haha bullish..but penny still no movement...STI down ...penny go down...STI up..penny still down...
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WanSiTong
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18-Jul-2016 15:51
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European stocks open higher ARM rallies 45% after Softbank bid 18 Mins Ago European stocks traded higher led by a rally in ARM shares after Softbank tabled a $ 32 billion offer for the U.K. semiconductor giant and as investors digest a number of geopolitical events including the failed coup in Turkey. The pan-European STOXX 600 was up 0.68 percent. Softbank announced Monday that it would pay £ 17 per sharefor ARM, a 43 percent premium on Friday' s closing price, in an all-cash deal. Shares of ARM rallied over 46 percent. Other chipmakers including Dialog Semiconductor and Austria Microsystems were trading higher. European Indexes
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