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DBS
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DBS
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FATABA
Supreme |
20-Mar-2020 16:30
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Lot of fund globally are coming into market ( bonds derivatives, etc) w EU n USA introducing speciall rescue packages.  Retail ( sell sell the last few weeks ) ....with someone accumulating. ?  ( who )  Now they are happily looking at the 7/8% yield frm our banks.  Esp where they go XD next mth.  Dyodd  |
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AhLiang
Elite |
20-Mar-2020 16:25
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Bull is back or this is a bear trap? | ||||
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ahhuat08
Elite |
20-Mar-2020 16:14
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huat arr | ||||
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johnshao
Member |
20-Mar-2020 16:07
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if yield go down, it is bad news.
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johnshao
Member |
20-Mar-2020 16:05
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i just saw on TV but may change anytime
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sharenoob1984
Veteran |
20-Mar-2020 16:02
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is this a recovery :) | ||||
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josh8696
Member |
20-Mar-2020 16:01
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Suggest to hold on for now. Anticipating bad news over the weekend from US. Mon market will dip a little..not crash. Fingers crossed | ||||
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uiop1223
Supreme |
20-Mar-2020 15:58
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Inverted yield? Whats the yield for 1yr?
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johnshao
Member |
20-Mar-2020 15:46
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The US 10-yr yield has fallen again from 1.15 to 0.77 | ||||
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kandinsky
Master |
20-Mar-2020 15:13
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Sekali next week sti everyday drop 100 points. | ||||
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sengsk
Elite |
20-Mar-2020 11:45
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today the low point match with yesterday low, Now, would only monitor could it challenge above yesterday high before taking action for try |
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mchua71
Senior |
20-Mar-2020 10:31
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Stimulus are release fast and furious across countries to soften the fall.  It' s Worrying to think that this is only the beginning of the global crisis. They will eventually run out of bullets to stop the fall if Covid-19 drags on. Base on statistics, infection is still climbing at a fast pace.  Can only hope Vaccine can come earlier.   |
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johnshao
Member |
20-Mar-2020 10:18
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The share price is going up now.
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uiop1223
Supreme |
20-Mar-2020 10:01
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Banks will be hit real hurt during recession.
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chanbs
Elite |
20-Mar-2020 09:59
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Those in line with my plan to start nibbling at 17 using 1/5 of my arsenal 
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johnshao
Member |
20-Mar-2020 09:54
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What has this news got to do with DBS shares?
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Joelton
Supreme |
20-Mar-2020 09:46
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DBS says recession ' imminent' for Singapore, slashes GDP growth forecast THU, MAR 19, 2020 - 2:00 PM DBS Group Research has joined a growing number of economy watchers  warning of a full-year recession  in Singapore. It is also predicting that the Republic&rsquo s small and open economy will likely be in a technical recession by June. In a report published on Thursday, the research team described a recession as &ldquo imminent&rdquo and &ldquo inevitable&rdquo , and lowered its full-year gross domestic product (GDP) growth forecast for 2020 from a February estimate of 0.9 per cent to negative 0.5 per cent. It warned that this outlook could sink further if the novel coronavirus outbreak worsens. DBS said new and unprecedented travel bans will hit tourism-related industries such as restaurants and retail far harder than originally estimated, as the countries issuing these bans accounted for nearly 70 per cent of Singapore&rsquo s tourist arrivals last year. DBS economist Irvin Seah wrote in the report that chances of a technical recession occurring within the first half of this year were &ldquo almost a given&rdquo , with year-on-year contraction of up to two percentage points expected.  A technical recession is defined as two consecutive quarters of sequential decline in GDP. Negative growth is predicted to continue into the third quarter of this year, before an improvement at the end of the year.  The report' s negative growth estimate means 2020 could be the worst economic performance Singapore has had since the 2001 dotcom bust, which saw negative 1.1 per cent GDP growth. &ldquo Putting into perspective, this will be a lot deeper than Sars, and more painful than the Global Financial Crisis,&rdquo Mr Seah wrote, acknowledging that government measures had already mitigated the pandemic&rsquo s economic impact. Full-year inflation was estimated at 0.4 per cent, compared to 0.6 per cent last year. Apart from GDP, DBS predicted 24,500 full-year annual retrenchments as a result of the worsening economy - higher than the 23,430 retrenchments in the 2009 financial crisis. The report added that a  second stimulus package  of between S$14 billion and S$16 billion - or 2.9 per cent of GDP - was likely. Among the new measures it anticipated were an immediate one-off cash grant to micro and small enterprises, a one-month waiver of the Foreign Worker Levy for companies affected by new measures (such as Malaysia&rsquo s movement control order) and personal income tax rebates for all taxpayers. Separately, Deutsche Bank Research published a report on Wednesday predicting a severe global recession in the first half of the year, with quarterly declines in GDP growth expected to &ldquo substantially exceed anything previously recorded, going back to at least World War II&rdquo . It said early evidence of the pandemic&rsquo s negative economic impact on China was far beyond its initial projections.  However, the research team cautioned investors about the uncertainty of the forecast, citing a lack of historic anchors and an unpredictable global situation. https://www.businesstimes.com.sg/government-economy/dbs-says-recession-imminent-for-singapore-slashes-gdp-growth-forecast |
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johnshao
Member |
20-Mar-2020 09:28
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will today be another dead cat bounce? | ||||
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SgYuan
Supreme |
20-Mar-2020 08:34
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i posted on 18mar
month chart wabc wa 3108 2265 delta 843 wb 2265 2864 wc 2864 ?2021 dn 100% of wa 843 - px hit 1792 delta 1072 dn 127% - over corrected by 27% next possible tgt - wc ext tgt dn 138.2% delta 1165 tgt 1699 |
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SgYuan
Supreme |
20-Mar-2020 08:28
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w0 1736 cannot - if break wc may continue tgt 1699 15m chart ![]()
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