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Author: forexrace@gmail.com

Singapore Stock Market Updates on 21/12/11

US market rally after a solid report on November housing starts. Asia market join in, with strength for exporters and resource firms, as renewed optimism about the health of the global economy boosts risk appetite. However, Bank...

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Singapore Stock Market Updates On 7/12/11

Asian shares rise, with optimism returning ahead of this week’s crucial European meetings after a report that a second rescue fund may be available. Market tends to be choppy. Light volume is expected during last month of...

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Singapore Stock Market Updates On 1/12/11

Asian market join in a global rally as the central banks of the US, euro region, Canada, the UK, Japan and Switzerland agreed to cut the cost of providing dollar funding via swap arrangements, the Federal Reserve said, and...

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Singapore Stock Market Updates On 21/11/11

Asia shares lose ground on concern over Europe’s debt troubles and lack of a US deficit deal. We did mention that a break through of 2750 will represent that market will head down even lower, testing 2700 support. From...

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Singapore Stock Market Updates On 10/11/11

Asia markets sink, as rising Italian borrowing costs wash fresh waves of anxiety about the euro-zone debt crisis over the region. Italy on the brink as bond yield tops 7%, a day after Silvio Berlusconi is effectively forced to...

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Singapore Stock Market Updates On 2/11/11

Despite sell down on yesterday US market on Greece crisis, Singapore market managed to eek off gains. On short term basis, we expect market to be on the upside. However, do take note that long term basis, the market is still...

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Singapore Stock Market Updates On 28/10/11

Market finished positive yesterday with heavy volume of 2.3244 bln traded, up 77.63 points. Market successfully broke through resistance of 2800, marching towards 2900. We do expect a brief pause before market break through 2900...

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Singapore Stock Market Updates On 24/10/11

Market gapped up to open high after strong finish last Friday on US markets. Investors cheered after European leaders said they are making good progress on a rescue plan and should be finalized at Wednesday EU summit. We expect...

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