Can buy which bank??
https://www.channelnewsasia.com/news/singapore/private-home-sales-singapore-developers-november-2018-11039008
 
 
 
Singapore&rsquo s private home sales soar 52% in November
Read more at https://www.channelnewsasia.com/news/singapore/private-home-sales-singapore-developers-november-2018-11039008
Read more at https://www.channelnewsasia.com/news/singapore/private-home-sales-singapore-developers-november-2018-11039008
 
A day for reversal...........all eyes on Xi at 10am and FOMC tonight.
https://www.cnbc.com/2018/12/17/xi-is-about-to-give-a-speech-heres-why-it-matters.html
China' s Xi is about to deliver a speech that could have major consequences for the trade war
- Chinese President Xi Jinping is scheduled to address his nation at 10 a.m. in Beijing (9 p.m. ET Monday) on the 40th anniversary of China' s " reform and opening up."
- Dec. 18 commemorates how China' s former leader Deng Xiaoping spearheaded the restructuring of the economy in 1978.
- U.S. President Donald Trump and Xi reached a temporary ceasefire earlier this month with the U.S. agreeing not to increase tariffs if the two countries can reach some resolution on a host of issues within 90 days.
https://finance.yahoo.com/news/fomc-meeting-government-shutdown-deadline-150819178.html
 
Economic Calendar
Monday: Empire Manufacturing, December (20.0 expected, 23.3 prior) NAHB Housing Market Index, December (61 expected, 60 prior) Total Net TIC Flows, October (-$29.1 billion prior) Net Long-term TIC Flows, October ($30.8 billion prior)
Tuesday: Housing Starts, November (1.230 million expected, 1.228 million prior) Housing Starts month-on-month, November (+0.2% expected, +1.5% prior) Building Permits, November (1.265 million expected, 1.265 million prior) Building Permits month-on-month, November (0.0% expected, -0.4% prior)
Wednesday: MBA Mortgage Applications, week ending December 14 (+1.6% prior) Current Account Balance, Q3 (-$124.5 billion expected, -$101.5 billion prior) Existing Home Sales, November (5.20 million expected, 5.22 million prior) Existing Home Sales month-on-month, November (-0.4% expected, +1.4% prior) FOMC Rate Decision (2.50% expected, 2.25% prior)
Thursday: Philadelphia Fed Business Outlook, December (15.5 expected, 12.9 prior) Initial Jobless Claims, week ending December 15 (219,000 expected, 206,000 prior) Continuing Claims, week ending December 8 (1.668 million expected, 1.661 prior) Bloomberg Consumer Comfort, week ending December 16 (59.4 prior) Leading Index, November (0.0% expected, +0.1% prior)
Friday: GDP Price Index, Q3 (1.7% expected, 1.7% prior) Core PCE quarter-on-quarter, Q3 (1.5% expected, 1.5% prior) Durable Goods Orders, November (+1.8% expected, -4.3% prior) Durables ex transportation, November (+0.3% expected, +0.2% prior) Personal Income, November (+0.3% expected, +0.5% prior) Personal Spending, November (+0.3% expected, +0.6% prior) University of Michigan Sentiment, December (97.5 expected, 97.5 prior)
 
 
Economic Calendar
Monday: Empire Manufacturing, December (20.0 expected, 23.3 prior) NAHB Housing Market Index, December (61 expected, 60 prior) Total Net TIC Flows, October (-$29.1 billion prior) Net Long-term TIC Flows, October ($30.8 billion prior)
Tuesday: Housing Starts, November (1.230 million expected, 1.228 million prior) Housing Starts month-on-month, November (+0.2% expected, +1.5% prior) Building Permits, November (1.265 million expected, 1.265 million prior) Building Permits month-on-month, November (0.0% expected, -0.4% prior)
Wednesday: MBA Mortgage Applications, week ending December 14 (+1.6% prior) Current Account Balance, Q3 (-$124.5 billion expected, -$101.5 billion prior) Existing Home Sales, November (5.20 million expected, 5.22 million prior) Existing Home Sales month-on-month, November (-0.4% expected, +1.4% prior) FOMC Rate Decision (2.50% expected, 2.25% prior)
Thursday: Philadelphia Fed Business Outlook, December (15.5 expected, 12.9 prior) Initial Jobless Claims, week ending December 15 (219,000 expected, 206,000 prior) Continuing Claims, week ending December 8 (1.668 million expected, 1.661 prior) Bloomberg Consumer Comfort, week ending December 16 (59.4 prior) Leading Index, November (0.0% expected, +0.1% prior)
 
Friday: GDP Price Index, Q3 (1.7% expected, 1.7% prior) Core PCE quarter-on-quarter, Q3 (1.5% expected, 1.5% prior) Durable Goods Orders, November (+1.8% expected, -4.3% prior) Durables ex transportation, November (+0.3% expected, +0.2% prior) Personal Income, November (+0.3% expected, +0.5% prior) Personal Spending, November (+0.3% expected, +0.6% prior) University of Michigan Sentiment, December (97.5 expected, 97.5 prior)
 
All eyes on FOMC 18& 19 dec 2018.......Will Powell be credited as the Man who save the Equity Markets or will he be remembered as the  Man who  pushed the Markets over the cliff.....
 
 
 
   
| Luzern Elite |
Posted: 14-Dec-2018 10:41 |
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1) China data and Japan data release are both negative, but due largely to US China Trade disagreement.  With the US China Trade  talk and  steps taken to de-escalate,  the data should improve.  2) ECB end stimulus,  might  result in some tightening of credit, but its also a sign of improving economics in EU. IMO, DYODD |
 
https://www.cnbc.com/2018/12/14/boj-tankan-survey-japan-large-manufacturers-confidence-steady-in-dec.html
....................................................
 
Japan business confidence steady but outlook sours, survey shows
- Confidence among large Japanese manufacturers held steady in December from three months ago, following three quarters of deterioration, the central bank' s closely watched " tankan" survey showed on Friday.
- The survey also showed big firms plan to raise their capital spending by 14.3 percent in the financial year to March 2019, versus analysts' median estimate of a 12.7 percent increase.
 
Market seems to be listless today, directionless, no marjor news to move it up or down.  The market is currently bias to the upside based on the current under-tone of positivity from the market tangibles.  The next forseeable trigger event is the FOMC Meeting on the 18 - 19 December 2018.
Dow very nice last night.  Moving to our script and hitting a day high of 248xx for us to close our index trade.
https://finance.yahoo.com/news/asia-stock-traders-hit-buy-041445123.html
December 12, 2018
 
Asia Stock Traders Hit `Buy' as U.S.-China Trade Magic Is Back
Moxy Ying
 
slowly coming to fruition.............perhaps another piece of good news to speed things up?

Luzern ( Date: 12-Dec-2018 09:45) Posted:
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Perhaps the start of the 2018 Q4 end window dressing?
Just waiting, waiting for the shorts to cover and turn long and investors to slowly get their market confident back...................... the current market sentiment are against the Bears.  The reasons for the recent correction are slowly being neutralised as the days goes by..........
SG mkt boring, there?s nothing much to look at or trade, just concentrate on the 3 banks for kopi $ or annual dividend, sure won?t lose sleep 👌
Greater China Markets should be cheering this development and the granting of bail to Meng so that she can leave in comfort.  This is also a sign of a reciprocal US to China' s recent effort on trade, soy import and schedule of cutting of US auto import tariff from 40% to 15%.   
Luzern ( Date: 12-Dec-2018 09:07) Posted:
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Trump says he could intervene in the case against Huawei CFO if it helps US-China deal
- U.S. President Donald Trump said he would intervene in the Justice Department' s case against Huawei' s Chief Financial Officer Meng Wanzhou if it would serve national security interests or help close a trade deal with China.
- Meng was arrested in Canada Dec. 1 and has been accused by the United States of misleading multinational banks about Iran-linked transactions, putting the banks at risk of violating U.S. sanctions.
The Bulls are gaing the upper hand here.................

Luzern ( Date: 11-Dec-2018 16:28) Posted:
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More and more clarity and sign of positive development in the US China Trade
https://www.cnbc.com/2018/12/11/gm-ford-shares-jump-on-report-china-is-moving-toward-auto-tariff-cut-trump-hinted-at.html
 
 
https://www.cnbc.com/2018/12/11/gm-ford-shares-jump-on-report-china-is-moving-toward-auto-tariff-cut-trump-hinted-at.html
 
China reportedly plans to slash auto tariffs &mdash a huge win for Trump &mdash and auto stocks are moving
- Shares of General Motors, Ford and Tesla rise after Bloomberg News reported that China is moving toward cutting tariffs on U.S.-made autos.
- Trump tweeted earlier this month that China had agreed to lower the tariffs.
 
Luzern ( Date: 11-Dec-2018 15:16) Posted:
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