SGX Singapore Stocks & Forex Live Picks
Singapore SGX : STI Technical Report 22nd Jan
Your Advisor
Publish date: Thu, 22 Jan 2015, 08:01 PM
Your Advisor
0 10,453
Blog for SGX Singapore Stock & Forex Recommendations gives you Live Stock Picks, we provide all SGX Stock Picks, Singapore Share Prices, Forex Trading Recommendation along with STI Quotes. Get Live SGX Singapore Picks.
Market Review for STI: Share prices opened flat on Thursday with the Straits Times Index down 2.39 points to 3,352.07. 
Singapore shares are likely to head higher on news that the European Central Bank will proceed with a massive bond buying programme to shore up the flagging euro zone economy. A surprise move by the Bank of Canada to cut interest rates, its first reduction in almost six years, is also expected to bolster expectations among investors that central banks worldwide will continue with efforts to help boost economic activity. TRADING TIPS
Singapore shares are likely to head higher on news that the European Central Bank will proceed with a massive bond buying programme to shore up the flagging euro zone economy. A surprise move by the Bank of Canada to cut interest rates, its first reduction in almost six years, is also expected to bolster expectations among investors that central banks worldwide will continue with efforts to help boost economic activity. TRADING TIPSMarket forecast for STI: We may see bullish trend, if STI cross the level of 3385.
Technical Indicators: RSI is at 56 and CCI is at 103
Important Factor for today:-
- Oil prices dipped early on Thursday ahead of the expected announcement of a bond-buying programme by the European Central Bank (ECB) later in the day that could push the dollar to new highs and put downward pressure on commodities
- Singapore Exchange Ltd, Southeast Asia's biggest bourse, plans to start trading Chinese equity-index options as investors seek ways to hedge risks in the world's most volatile stock market
- Two Singapore companies have made it to the ranks of the world's 100 most sustainable companies again in a global ranking.
- Weak global market conditions have caused food and beverage company Del Monte Pacific to defer an international offering of up to US$360 million worth of preference shares.
- Shares of Singapore Exchange slipped as much as 2.3% despite a decent set of December-quarter results from the bourse operator, as investor sold into strength amid concerns that growth may not be sustainable.
- Singapore's prime office rents are set to extend gains this year as the number of new properties coming onto the market is limited, according to Capita Commercial Trust Management (CCTM).
More articles on SGX Singapore Stocks & Forex Live Picks
There's No Recession, but a Market Correction Could Cause One
Created by Your Advisor | May 10, 2017
TECH TARGETS: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB
Created by Your Advisor | Mar 23, 2017
M Asia Trade Tech Targets: EUR/USD, AUD/USD, NZD/USD, USD/JPY - UOB
Created by Your Advisor | Mar 22, 2017
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
CEO Morning Brief
Keppel DC REIT Buys Data Centres in Singapore’s Genting Lane for S$1b
2
3
CEO Morning Brief
Marina Bay Sands Eyes Singapore’s Largest Loan of US$9b — Bloomberg
4
CEO Morning Brief
WeWork Gives Up Singapore Locations in Sign of Co-working Woes
5
RHB Investment Research Reports
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
