| Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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WanSiTong
Supreme |
13-Sep-2016 17:48
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Straits Times Index 2,818.38   -1.91%  -54.95
As compared to HSI.....yesterday down 3.36%, today another 0.3%..... STI down 1.91% .... very good already!  
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WanSiTong
Supreme |
13-Sep-2016 17:37
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Hong Kong stocks give up early gains amid Fed rate uncertainty Hong Kong stocks surrendered early gains and closed lower on Tuesday, with some investors taking advantage of the brief rebound to reduce holdings as uncertainty over US monetary policy lingered. The Hang Seng index fell 0.3 per cent to 23,215.76 points, while the China Enterprises Index lost 0.9 per cent, to 9,571.06 points. The market slumped more than 3 per cent on Monday, posting its biggest single-day fall in seven months, on fears the US Federal Reserve would raise rates as early as next week. Those concerns eased somewhat overnight after the Federal Reserve' s Board Governor Lael Brainar said that she wanted to see a stronger trend in US consumer spending and evidence of accelerating inflation before the central bank raises rates. But investor confidence remained fragile. Pointing to the risks of a further correction, UBS strategist Lu Wenjie described the strong rally in Hong Kong stocks in recent weeks - which has been fuelled by inflows from investors in mainland China - as " fragile" and " liquidity-driven" . " For the next one to two quarters, we think the risk is to the downside as global investors may exit the hunt for yield / carry trade in emerging markets as the US Fed' s talk turns more hawkish," Lu wrote in his latest strategy report. Most sectors in Hong Kong fell, with raw material stocks leading the decline. REUTERS |
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famouspinky
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13-Sep-2016 17:14
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Dun say lah. So malu
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andysim83
Elite |
13-Sep-2016 17:12
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haha..54 pts...lol STI go up this amt i think take 1 week...go down 50pts just take a day...
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famouspinky
Supreme |
13-Sep-2016 16:48
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To end a crisis is simpler last time but not now. Will take another 40y to build bk the same thing.
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Siwomp
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13-Sep-2016 16:45
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Solution to end a crisis vs measures to prevent the yet to happen crisis, which is easier to implement and which will give you more "mileage" and which is safer to safe guard your job? This is a no brainer.
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famouspinky
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13-Sep-2016 16:38
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Look at our technicals and others. Malu or not. Sgd/usd can tank all the way, anytime.
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famouspinky
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13-Sep-2016 16:33
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It's not a healthy place to stay and very high chance of joblessNess in this system.
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Siwomp
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13-Sep-2016 16:28
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Example, a lady seemingly struggling in the swimming pool. you go help, might end up with a slap and labelled molester and kenna stomped. If she sinked to the bottom and you go rescue and cpr..... you ended up as a hero.
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Siwomp
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13-Sep-2016 16:23
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Re-active vs Preventive....... Re-active less work and can gain more credit if proposed solution is successful. Preventive, less tangible result to show and more work and lots of unnecessary footwork that is usually not appreciated. Most importantly, not my money that is at stake lor..... they just salaried personnel only. | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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WanSiTong
Supreme |
13-Sep-2016 16:15
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Singapore' s STI Falls, Playing Catch-Up After Public Holiday   
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Siwomp
Supreme |
13-Sep-2016 15:45
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Superb day for HSI Put...... HSI2240. | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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famouspinky
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13-Sep-2016 15:25
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Top grade scholars only NATO. Play with words number 1. Companies slowly closing down 1 by 1.
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famouspinky
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13-Sep-2016 15:22
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Haven't recession already struggling. Recession??
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famouspinky
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13-Sep-2016 15:21
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Sti below 2800?,)
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WanSiTong
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13-Sep-2016 15:15
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European stocks open higher as markets look at Fed, China data The pan-European STOXX 600 was up 0.34 percent. US stocks closed sharply higher on Monday following a dovish speech from Federal Reserve Governor Lael Brainard Speaking at the Chicago Council on Global Affairs on Monday, Brainard -. A voting member of the central bank' s policymaking committee - said that while economic progress continues it would be wise for the Fed to keep monetary policy loose. Elsewhere on Monday, Minneapolis Fed President Neel Kashkari told CNBC that policy makers should take their time to come to a decision. Traders have been closely following comments by Fed officials for clues on the timing of a rate hike in the U.S. Fed speakers have sounded more hawkish notes recently, prompting markets to drop sharply last week and on Monday. Markets are now looking ahead to retail sales data on Thursday which will be the most important data the Federal Reserve will see before it meets on September 20. Goldman Sachs trimmed the odds of the Fed raising interest rates when it meets, noting the absence of a clear indication that the central bank' s rate-setting group was set to tighten policy. In Asia on Tuesday, markets were mixed, giving up earlier gains despite slightly better-than-expected China data that showed fixed-asset investment growth in August holding steady at 8.1 percent on-year, August industrial output rising 6.3 percent on-year and retail sales increasing by 10.6 percent on-year. Asian Indexes
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WanSiTong
Supreme |
13-Sep-2016 09:43
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Singapore' s STI Falls, Playing Catch-Up After Public Holiday The FTSE Straits Times Index is 1.2% lower at 2837.95, thanks largely to catch-up trading following a public holiday Monday when other global markets fell sharply. Locally, Sebmcorp Marine and Wilmar International are down 3.3% and 2.8%, respectively, leading broad declines in offshore marine, shipbuilding and commodities. Hongkong Land is the only index constituent trading higher, up 0.9%.  
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WanSiTong
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13-Sep-2016 08:29
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Asian markets to focus on Fed hike expectations, China August data   Asian markets open slightly higher, after a dovish speech from Federal Reserve Governor Lael Brainard drove U.S. equities higher. Meanwhile, traders will be looking ahead to a slew of Chinese data due Monday.   Asian Indexes
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bishan22
Supreme |
13-Sep-2016 07:31
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Dow saved the day... mei sze mei sze.......... |
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WanSiTong
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13-Sep-2016 06:49
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Stocks close more than 1% higher after Fed' s Brainard speaks telecoms jump 2% U.S. stocks closed sharply higher on Monday after a key Federal Reserve official advised " prudence" with regards to interest rates. " I think there is a bit of a sigh of relief because a dovish Fed official came out and was dovish," said Anna Rathbun, director of research for CBIZ Retirement Plan Services. " There is general nervousness within the market, despite what' s going on today, about the effectiveness of central bank policy. " Fed Governor Lael Brainard - a voting member of the central bank' s policymaking committee - said in a speech that, while economic progress continues, it would be wise for the Fed to keep monetary policy loose. " She resurrected some of the concerns for why the Fed should not raise rates," said Quincy Krosby, market strategist at Prudential Financial. " We now go back to a thesis where the Fed wants to raise rates for other reasons," She also said " it' s hard to see Janet Yellen come out and raise rates" next week. The three major indexes opened lower, but quickly turned positive in early trade ET. " We know for a fact that the market does not like uncertainty and now you have two major sources of uncertainty looming," said Adam Sarhan, CEO at Sarhan Capital. " There are concerns over what' s going on with the Fed and the election. " Fears that the US central bank may raise rates this month sent overseas equity markets lower, with Japan' s Nikkei 225 and China' s Shanghai composite closing 1.73 percent lower and 1.85 percent lower, respectively. European stocks also fell, with the Stoxx 600 index falling about 1 percent . U.S. futures briefly pointed to a sharply lower open before paring losses after a Fed official delivered remarks about the U.S. economy and the Fed' s upcoming meeting on Sept. 20-21. Atlanta Fed President Dennis Lockhart - a nonvoting member of the Fed' s policymaking committee - said a " serious discussion" on raising rates is warranted at the central bank' s upcoming meeting. " It appears to me that his comments wee a little less hawkish than other Fed officials, but still pointing to a rate hike," said Peter Cardillo, chief market economist at First Standard Financial. Lockhart delivered his speech after a slew of his colleagues made several hawkish remarks, including Boston Fed President Eric Rosengren. On Friday, Rosengren said that low interest rates are increasing the chance of overheating the US economy. Gradually tightening monetary policy is appropriate to maintaining full employment, he added. Meanwhile, oil prices erased earlier losses, with U.S. crude settling 0.89 percent higher at $ 46.29 per barrel. Gold futures for December delivery fell $ 8.90 to settle at $ 1,325.60 per ounce. Read more....       |
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