| Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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risktaker
Supreme |
11-Feb-2016 08:50
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
How commodity will up... when china already built city/township for the next decade...dont ask people to jump with u...
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jazzietan
Veteran |
11-Feb-2016 08:47
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x 0
x 1 Alert Admin |
Those longs for 2016 siao liao la...yellen abandon u guys...better do a u-turn. Usd down, dj down, gold up....cycle la. Its a cycle, time for global stock crashing | ||||||||||||||||||||||||||||||||||||||||||
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Isolator
Supreme |
11-Feb-2016 01:50
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x 0
x 0 Alert Admin |
Asian markets shall rally... Lead by China, commodity and oil.... Usd shall weaken against most...Enjoy... | ||||||||||||||||||||||||||||||||||||||||||
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WanSiTong
Supreme |
10-Feb-2016 21:33
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Oil rises after third-biggest daily fall since 2008 crisis Oil rose on Wednesday, after having posted its third-biggest daily fall since the 2008 financial crisis the day before, supported by the possibility of major producers cooperating to tackle a supply glut that has sent prices to 12-year lows. Iran' s oil minister said Tehran was ready to negotiate with Saudi Arabia and the Kremlin' s oil tsar Igor Sechin proposed producing countries reduce output by 1 million barrels per day - without saying whether non-OPEC member Russia would cut. While traders and delegates from OPEC doubt any deal between the group and rival producers - which would be the first in over a decade - will happen, talk of it has boosted the market. " If prices drop further, the chance for joint action increases and this in turn should prevent a further sharp drop in prices," said Carsten Fritsch of Commerzbank. " Today' s gain is just a bounceback after yesterday' s sharp sell-off." Brent crude was up 52 cents at $ 30.84 a barrel by 6.55 am ET. The price fell for a fourth straight session on Tuesday to end down 7.8 percent, marking its third-largest one-day decline since the depths of the US subprime lending crisis in 2008. US crude rose 45 cents to $ 28.39. Investors will turn to the weekly supply report from the U.S. government' s Energy Information Administration, due at 1530 on Wednesday. Read more ... L i n k   |
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WanSiTong
Supreme |
10-Feb-2016 21:29
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Dow future up 147   European Indexes
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Banks lead Europe shares higher, oil up before Yellen European stocks rose on Wednesday, rallying after losses in Asia, as concerns about the health of banks that have hammered shares globally in recent days eased and oil prices recovered from Tuesday' s steep falls. Investors and traders were looking ahead to Congressional testimony from Federal Reserve chair Janet Yellen for clues to the outlook for monetary policy. Sharp falls in global stocks and weak US economic data have led markets to slash expectations for the pace and extent of Fed interest rate rises to follow December' s first hike in nearly a decade.   Brent crude  was up 52 cents at $30.84 a barrel by 6.55 a.m. ET.    |
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jazzietan
Veteran |
10-Feb-2016 20:20
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x 1 Alert Admin |
http://dollarcollapse.com/money-bubble/2007-all-over-again-part-3-banks-starting-to-implode/ | ||||||||||||||||||||||||||||||||||||||||||
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WanSiTong
Supreme |
10-Feb-2016 19:05
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Straits Times Index 2,582.10     -1.57%     -41.11
The FTSE Straits Times Index ends Wednesday 1.57% lower at 2582.10, following losses in other Asian markets as it returns to trade after a long weekend for Lunar New Year celebrations. Trading cues come more from regional and U.S. performances than they do from company or local news. Losses are led by companies more exposed to Chinese demand and global sentiment.   |
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WanSiTong
Supreme |
10-Feb-2016 18:49
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x 0
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3 reasons why oil prices have fallen over 70% and the winners & losers from the oil plunge n this article, we are going to look at the causes behind the 74% plunge in oil prices from a peak of $ 106.78 per barrel in June 2014 to a low of $ 27.10 on January 20. In order to give you an " appreciation" of the oil plunge, let' s have to look at the chart:  
As we can see from the chart above, there is a large oversupply of oil in the global markets So what is causing this massive oversupply In my opinion, there are three main supply factors.?: # 1 New Technology # 2 Competition # 3 New Entrants Losers OPEC and net oil-exporting countries like our neighbour Malaysia are obviously the losers as they earn less oil revenue. Winners For the winners, economies that import oil such as the United States (yes, the US is still a netimporter despite its record production), the Eurozone, Japan and China are all winners in this environment. The low oil price is similar to a tax cut for them. Conclusion With the recent inclusion of Iran into the world' s oil supply and Saudi Arabia' s reluctance to cut production, the supply will continue to flow for the foreseeable future. Coupled with weaker demand due to China' s slowing economy, it does not seem oil prices will rise drastically upwards anytime soon. Not great news for oil companies, but one I would gladly accept as a consumer who loves lower prices overall! Read more....L i n k   |
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bishan22
Supreme |
10-Feb-2016 17:48
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x 0
x 0 Alert Admin |
Future 95.... almost 3 figures green...
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WanSiTong
Supreme |
10-Feb-2016 16:58
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x 0
x 0 Alert Admin |
Dow fitures up 71   European Indexes
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WanSiTong
Supreme |
10-Feb-2016 16:50
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x 0
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Singapore Central Bank May Ease Currency Policy in April The steady decline in the consumer price index and faltering economic growth may see Singapore' s central bank ease its currency policy again in April, BMI Research says. The Monetary Authority of Singapore eased its currency policy in October by allowing the local unit to appreciate at a slower pace against a basket of currencies. BMI says that in April, the central bank may " re-center" the Singapore dollar' s nominal effective exchange rate band lower, which would mean a one-off devaluation of the currency.   |
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WanSiTong
Supreme |
10-Feb-2016 16:30
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x 0
x 0 Alert Admin |
sorry...see wrongly. US futures flat now.  
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WanSiTong
Supreme |
10-Feb-2016 16:28
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x 0
x 0 Alert Admin |
Dow future 3 figires green European Indexes all green.  |
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Siwomp
Supreme |
10-Feb-2016 11:22
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x 0
x 0 Alert Admin |
wing tai will be my pick
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WanSiTong
Supreme |
10-Feb-2016 11:07
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Singapore' s STI Falls 2% After Lunar New Year Break----UpdateStraits Times Index 2,570.16     -2.02%     -53.05
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WanSiTong
Supreme |
10-Feb-2016 10:58
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x 0
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Singapore stocks fall nearly 3% as worries over banking sector and growth slowdown hit Asia Commodity, property and oil and gas stocks led the fall in the Singapore market on its first day of trading after the two-day Chinese New Year holidays. The local bourse was dragged down by the Tokyo market rout on Tuesday, as well as the global sell-off in bank stocks from Europe to the United States to Japan. " The STI is catching up on the decline in the overseas markets upon return from the Chinese New Year break," said Mr Bernard Aw, market strategist at IG. " There was no guidance from the Chinese equities, which are closed for the week," he added. " I expect bearish sentiments to underline Singapore for the rest of the week. However, some relief rally in the US markets could provide a temporary floor for Singapore equities, until the resumption of China' s onshore markets next week." Commodity stocks, Property stocks and the local banks were also some of the top losers. Amid continuing global volatility and fears of another world recession, markets are looking to what Federal Reserve Chair Janet Yellen will say in her semi-annual testimony the US Congress later on Wednesday. In commodities, crude oil prices trimmed some of their sharp losses suffered overnight. US crude was up 1.6 per cent at US $ 28.39 a barrel. Crude sank nearly 6 per cent on Tuesday after weak demand forecasts from the US government pressured prices. Read more .... L i n k   |
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WanSiTong
Supreme |
10-Feb-2016 10:48
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All eyes on US Fed chief for testimony on Wednesday anet Yellen is preparing to walk a tightrope. When the US Federal Reserve chair addresses lawmakers this week in Washington, she will have to strike a balance between sounding confident on the domestic economy and acknowledging increased risks from abroad. Two weeks after officials signaled interest rates may rise more slowly than previously expected, economists and investors will be trying to gauge Ms Yellen' s willingness to delay tightening at the March meeting. With financial market-turmoil causing uncertainty about the outlook, energy prices damping inflation and the European Central Bank preparing a stimulus boost that may bolster the US dollar, the market-implied probability for a rate increase next month has dropped to 10 per cent from more than 50 per cent at the start of the year. Policy makers including vice chairman Stanley Fischer have cautioned that it' s still too soon to decide the next step. " I do not think we should expect Yellen to throw the towel on a March hike," said Thomas Costerg, a senior US economist at Standard Chartered Bank in New York. " She may emphasize the positives in the US economy, particularly the still -strong labor market. Looking ahead, she may sound more cautious, and she will likely highlight that the negatives are mostly from abroad and that they are watching the global picture closely. " Ms Yellen is scheduled to appear before the House Financial Services Committee at 10 am on Wednesday and will address the Senate Banking Committee the next day. She' ll have evidence to support the Fed' s view that the US labor market remains solid and wages are showing signs of picking up. Read more....L i n k   |
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Isolator
Supreme |
10-Feb-2016 10:10
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x 0
x 0 Alert Admin |
Reality is property got to crash down at least 35% before stable.. Now only can buy oil and related.... | ||||||||||||||||||||||||||||||||||||||||||
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Qanghoo
Supreme |
10-Feb-2016 09:37
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x 0
x 0 Alert Admin |
If Yen is pushed up further, Nikkei cld keep splashing hard n the natural copy-cat sti cld be in for spectacular fall too, again likely led by the thee bks n Stel.  So, enjoy the reverse rally, yah. |
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jazzietan
Veteran |
10-Feb-2016 09:37
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x 0
x 0 Alert Admin |
Fed going for reverse interest rate....rally lai liao hoot tua tua | ||||||||||||||||||||||||||||||||||||||||||
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