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Author: forexrace@gmail.com

Singapore Stock Market Updates On 15/7/11

Market resumes its choppy trades after small loss from overnight market. We have been stressing a lot that market will remain choppy for this few trading period since investors are jittery about debt problems at the Euro zone,...

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Singapore Stock Market Updates On 14/7/11

Though US market finished off with gains yesterday, early gains are more or less erased, to finish off up 45 points only. Asian markets are choppy for now. Local market is trading below 3100. However, good support is seen at...

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Singapore Stock Market Updates On 13/7/11

China’s gross domestic product expands at a faster-than-expected rate of 9.5% in the April-June quarter from the year-ago period. US market tank after Ireland downgrade to junk. Market will be choppy from here. Avoid...

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Singapore Stock Market Updates On 8/7/11

Japanese shares open higher, as a weaken yen lifts exporter shares and current-account data come in stronger than expected. Asian shares rises as well. US stocks advanced as data show the jobs picture may be brighter than...

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Singapore Stock Market Updates On 5/7/11

Market experience pullback after 4 up days. Nomura on Tuesday cuts its view of the European telecom sector to bearish from neutral. Australia’s central bank leaves its key interest rate on hold, as it downgrades its 2011...

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Singapore Stock Market Updates

Market continues its run to the 4th day, thanks to strong closing on Friday US market. US market will be closed for tonight. US manufacturing payrolls may begin showing steady increases as Japanese supply chains recover from...

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Singapore Stock Market Updates On 4/7/11

Market continues its run to the 4th day, thanks to strong closing on Friday US market. US market will be closed for tonight. US manufacturing payrolls may begin showing steady increases as Japanese supply chains recover from...

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Singapore Stock Market Updates On 1/7/11

Asian markets advance further, thanks to good reports from overnight US markets. However, some Asia stocks weaken after China data after an official measure of mainland Chinese manufacturing activity came in below expectation....

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Singapore Stock Market Updates On 30/6/11

Shares in Asia open higher on Greek austerity passage of austerity measures, but some indexes pull back in later morning trade. Singapore market is riding higher, breaking resistance at 3100. We view it as positive development...

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Singapore Stock Market Updates On 22/6/11

Asian shares extend their advance as investors gain confidence that Greece will avoid a default. We believe that market will be choppy from here on. Strong support at 3000. 3100 turns resistant for now. Therefore, we can expect...

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