SGX Singapore Stocks & Forex Live Picks
SGX Singapore STI Technical Analysis Outlook 11 May
Your Advisor
Publish date: Mon, 11 May 2015, 08:43 PM
Your Advisor
0 10,452
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: Singapore shares are likely to head higher on the back of Wall Street's rally last Friday fuelled by a positive April US payrolls report.
The US unemployment rate fell to 5.4%, the lowest since May 2008.China's decision on Sunday to cut interest rates - the third reduction in six months - to support the world's second-largest economy is also expected to underpin investor sentiment. The Dow Jones Industrial Average rose 1.5% to 18,191.11, the S&P 500 climbed 1.4% to 2,116.10 and the Nasdaq Composite gained 1.2% to 5,003.55. Market forecast for STI: STI has taken rebound we may expect bullish trend in STI.
Technical Indicators: RSI is at 49 and CCI is at -74.
ECONOMIC FACTORS:
Technical Indicators: RSI is at 49 and CCI is at -74.
ECONOMIC FACTORS:
- Asian stocks rise after China rate cut, US payrolls.
- Vallianz's Q1 profit rises 5% to US$4.97m.
- Crude-oil bulls threatened as shale patch revives drilling plans.
- Dollar suffers as reflation trade transforms losers into winners.
- Asian bankers face US$43b dead deals after oil plunge.
- Nuclear power generation in Japan will cost 10.3 yen per kilowatt hour or more by 2030, the cheapest among various power sources.
- Asia-Pacific Strategic Investments has offered to acquire Century 21 Hong Kong in a deal worth $1 million.
- The US$5.3-trillion-a-day foreign-exchange market has a new buzzword: reflation. "This could bode for a weaker US dollar across the board."
- Saudi Arabia opening its US$568 billion stock exchange to foreigners.
- Nuclear power generation in Japan will cost 10.3 yen per kilowatt hour or more by 2030, the cheapest among various power sources.
- Asia-Pacific Strategic Investments has offered to acquire Century 21 Hong Kong in a deal worth $1 million.
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
New Update. Discover investment communities that resonate with your ideas
Trade Confidently & Analyze Charts Conveniently - Download VCPlus IOS & Android App Now!
Latest Videos
Apps
Top Articles
1
THE SINGAPOREAN INVESTOR
Investing in Singapore's Hospitality Scene: A Look at the 5 Listed REITs
2
RHB Investment Research Reports
Food Empire - Expanding Ingredients Capability in Vietnam; BUY
3
reitsnewsletter
4
SGX Market Updates
5
RHB Investment Research Reports
ST Engineering - Rolling Forward Our Valuation; Reiterate BUY
#
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....
