Singapore Stock Market News
Alpha Edge - Asia's uptrend continues
StockFanatic
Publish date: Mon, 17 Dec 2012, 12:59 PM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
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| MSCI Asia ex-Japan Index's Weekly Chart |
Asia's equity markets' medium-term uptrend continues. The MSCI
Asia-ex Japan's (MAxJ) monthly MACD just turned positive this month,
a good sign. Gold prices continue to consolidate. If prices dip below
their US$1,672 recent low, there could be a little more downside for
gold. However, we believe its medium-term trend remains up.
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