Wednesday 31 August 2016

Share Market Update : Asia markets trade mixed; Nikkei up 0.8 pct, Kospi down 0.1 pct and ASX off 0.7 pct .

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Markets in Asia opened blended on Wednesday, with Japanese shares picking up on the back of a weaker yen, while dealers anticipated the key August U.S. nonfarm finance information due Friday. 

The Nikkei 225 was up 0.84 percent, while the Topix included 0.95 percent. The Japanese yen exchanged at 102.95 against the greenback starting 8:20 a.m. HK/SIN; prior in the session, the pair touched levels above 103 without precedent for around a month. 

Yen shortcoming supported significant fare stocks, with shares of Toyota up 2.6 percent, Nissan up 1.55 percent and Canon including 1.72 percent. Japanese banks additionally progressed, with shares of Mitsubishi UFJ up 3.9 percent while SMFG included 3.48 percent. 

On Tuesday, Japan's central bureau secretary Yoshihide Suga said authorities were prepared to intercede in the outside trade business sector to contain any quick thankfulness in the yen, Reuters reported. 

Suga's remarks took after comments from Bank of Japan Governor Haruhiko Kuroda, who said on Saturday that the national bank would not waver to favor more quantitative facilitating or lower financing costs further into negative region to handle the monetary difficulties Japan confronted. 

Different markets in the locale battled for increases, with South Korea's Kospi file off 0.14 percent. In Australia, the ASX 200 was down 0.65 percent, with most divisions seeing early misfortunes. The vitality and materials divisions were down 1.35 and 1.98 percent, separately, on the back of lower item costs overnight.

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Tuesday 30 August 2016

Forex Trading Strategies : Evaluate Whether the Trade is Worth the Return Potential .

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Arguments: 

Surveying the potential return of an exchange or market is pretty much as vital - if not all the more so - than assessing the danger 

Market level, support and volume, movement level, occasional imperatives and more can misshape returns 

Transient setups, adjacent targets, sensible danger reward proportions and inclination for hazard avoidance meet conditions 

See the DailyFX Analysts' 3Q gauges for the Dollar, Euro, Pound, Equities and Gold in the DailyFX Trading Guides page. 

It has been said by numerous individuals and in various diverse ways, however 'I would not take an exchange that offered practically zero return on the off chance that it worked out' is appropriate intelligence for each business sector member. In this environment, the subject of expected return is progressively significant in the assessment of new exchanges. Assessing the potential (perfect) and expected (sensible) benefit in the danger reward appraisal is more than essentially finding a specialized level or key prompt to connect an objective to. A full valuation for economic situations is vital for applying sensible destinations. Also, there is a danger of overstating our desires to fit a yearning more noteworthy returns in these business sectors. 

We have much of the time talked about the confinements for further picks up on "danger" benchmarks like the S&P 500. The level of the file is now an obstacle - record highs offer couple of developments for examiners or quality speculators to track out. However, past the level, the lukewarm interest (volume) of the business sector and the uniqueness with basic essentials (income, GDP, and so forth) makes a weight as uncertainty. Be that as it may, the impediments stretch out past simply individual records or resources. It is a general misalignment for notion orientation. Presentation to high hazard resources is over the top and the reliance on low unpredictability - itself connected to fiscal strategy - making a delicate background. 

Where conditions appear to undermine the profits that adjust to 'hazard on', it is all the more equitably conveyed for the current week. As it were, endeavors to mount a 'danger off' move pretty much as likely battle to pick up footing. That is because of the normal liquidity deplete that is basic for the month of August and in addition the famous check on advancement that happens before the US Labor Day weekend. A low return potential renders most exchanges ugly from danger reward terms. Thus, if we hope to recognize numerous appealing setups this week in the joining of regular and basic liquidity dry spells

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Monday 29 August 2016

Forex Market Outlook : AUD/USD Forecast Aug. 29 – Sep. 2 .

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HIA New Home Sales: Monday, 1:00. This pointer gives a depiction of the level of movement in the lodging segment. The marker bounced back in June, posting a sharp pick up of 8.2%. Will we see another solid addition in July? 

Building Approvals: Tuesday, 1:30. The marker tends to demonstrate solid instability, making exact forecasts a precarious undertaking. After two straight decreases, the business sectors are expecting better news in the June report, with an evaluation of 1.2%. 

RBA Assistant Governor Guy Debelle Speaks: Wednesday, 1:00. Debelle will talk at a FX gathering in Singapore. A discourse that is more hawkish than anticipated is bullish for the Australian dollar. 

Private Sector Credit: Wednesday, 1:30. The pointer plunged to 0.2% in the last discharge, short of the figure of 0.5%. The assessment for the up and coming discharge remains at 0.4%. 

AIG Manufacturing Index: Wednesday, 23:30. The record keeps on posting readings over the 50-point level, indicating extension in the assembling segment. In July, the pointer bounced to 56.4 focuses, its most abnormal amount since February. 

Chinese Manufacturing PMI: Estimate 49.9. The PMI stays near the 50-point level, which focuses to stagnation in the assembling part. In July, the pointer came in at 49.9, near the evaluation of 50.1. Another perusing of 49.9 focuses is normal in the August report. 

Private Capital Expenditure: Thursday, 1:30. This key marker keeps on battling, posting five decreases in the previous six readings. The marker posted a sharp decay of 5.2% in the main quarter, and a decrease of 4.0% is normal in the second quarter. 

Retail Sales: Thursday, 1:30. Retail Sales is the essential gage of customer spending and ought to be dealt with as a business sector mover. The pointer plunged to 0.1% in June, short of the evaluation of 0.3%. The appraisal for the July report remains at 0.3%. 

Chinese Caixin Manufacturing PMI: Thursday, 1:45. The pointer enhanced to 50.6 focuses in July, over the conjecture of 48.8 focuses. The evaluation for the August discharge remains at 50.1 focuses. 

Item Prices: Thursday, 6:30. Item Prices keeps on posting decreases, yet there has been some change, with the July discharge coming in at - 2.0%, the littlest decay since December 2013. 

AUD/USD Technical Analysis 

AUD/USD opened the week at 0.7605. The pair had an uneventful week until Friday, when the pair moved to a high of 0.7692. AUD/USD then switched bearings and dropped strongly to a low of 0.7536 late in the week, as bolster held firm at 0.7513 (talked about a week ago). AUD/USD shut the week at 0.7542.

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Friday 26 August 2016

Comex Market Update : Gold holds steady after hitting four-week lows .

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On COMEX, Gold held consistent at an early stage Friday subsequent to hitting four-week lows in the past session when the dollar slipped in front of a discourse by Federal Reserve Chair Janet Yellen that will be nearly looked for pieces of information on U.S. loan fee strategy. 

Spot gold edged higher 0.1 percent at $1,323 an ounce at 0059 GMT. The metal touched an over 4-week low of $1,317.46 on Thursday. U.S. gold was up 0.1 percent at $1,326.10 an ounce. Market players are trusting Yellen will give a clearer signal on the way of U.S. financing cost climbs when she addresses a meeting of national investors in Jackson Hole, Wyoming, at 1400 GMT. 

Top Federal Reserve authorities on Thursday guarded their perspective that the U.S. national bank ought to presumably raise loan fees soon, saying that despite everything they planned to keep the economy running sufficiently quick to help work and expansion. The dollar stayed on tenterhooks on Friday. The dollar record , which gages the greenback against a wicker container of six noteworthy partners, edged down 0.2 percent to 94.622.

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Thursday 25 August 2016

Commodity Market Update : Here’s why copper is sitting out a big rally by industrial metals .


The execution of mechanical metals, especially copper, is regularly touted as a manual for the standpoint for the worldwide economy, however these days, that perspective is somewhat blurred. 

Copper HGZ6, +0.60% this week deleted their 2016 pick up—and are currently down almost 3% in the year to date—while other modern metals have seen a surge in costs. On the CME, zinc fates have increased around 44%, iron-metal prospects hopped 53% and silver SIZ6, +0.25% has aroused by 34% since the end of 2015, while lead fates are up 8% and aluminum has picked up 3%. Copper had plunged into negative year-to-date region in July also. 

"Copper for a long time has been for the most part determined by Chinese development request," said Colin Cieszynski, boss business sector strategist at CMC Markets. "With China's economy abating, the interest for copper stays delicate." 

Be that as it may, "different metals may have request more adjusted the world over," and may profit by more grounded interest in nations where economies have been doing great like the U.S. what's more, U.K., he said. Zinc, which is utilized as a part of auto parts for instance, has been "entirely touchy to vehicle deals," which have been blasting. 

For sure, copper's part as a worldwide financial bellwether has dulled a bit as of late, skewed to some extent by a supply excess. Yet, outsize additions for other modern metals may show that they're significantly more distant with reality. 

A week ago, Moody's Investors Service raised its standpoint for the worldwide base metals industry to stable from negative. 

"The great value disintegration for real base metals—aluminum, copper, nickel and zinc—seen in late 2015 and mid 2016 has likely bottomed," investigators at Moody's, drove via Carol Cowan, said in a note dated Aug. 18. 

They said the value change was fixing to "assessment towards Chinese monetary development and jolt measures authorized over the main portion of 2016." 

Perused: China's economy goes for up to 7% development this year 

Whether these metals hold their value additions will rely on upon whether China's activities so far this year were adequate to balance out or develop its economy, or if further jolt measures are expected to achieve its GDP development rate focus on, the Moody's investigators said. 

"Should Chinese GDP desires and execution break down versus the objective range, the industry viewpoint for the worldwide base metals industry could come back to negative," they said. 

The Moody's examiners said they "don't expect a material change [in prices] from current levels throughout the following 12-year and a half," as the worldwide economy confronts a moderate recuperation. 

Disparities in value execution 

Still, zinc and iron metal have been champions among the mechanical metals. 

Christopher Ecclestone, a mining strategist at venture bank and research firm Hallgarten and Co., ascribed zinc's quality to "underinvestment… immaculate and basic." 

It's "a flawless tempest of Glencore GLEN, - 3.06% retiring [production], Nyrstar NYR, - 3.23% doing likewise, in addition to [mine] terminations for good and the Chinese activities in Hunan," he said. 

China close down lead and zinc mines in the Hunan region's Huayuan nation with an end goal to tidy up the area and guarantee mining wellbeing, Platts reported not long ago. 

In Australia and Ireland, two expansive zinc mines have closed down and "new, stiffer ecological controls in China restrain its notable capacity to increase creation," said Brent Cook, geologist and manager of Exploration Insights. 


Glencore, the world's biggest zinc maker, likewise said back in October that it wanted to cut its yearly zinc yield by a third, or around 4% of the world's aggregate yearly zinc supply, taking after a breakdown in costs to a five-year low in late September. 

Presently "zinc stock is down to something like 19 days," said Cook. "So the ascent in the zinc cost is genuine and in view of supply issues." 

Iron metal's an alternate story. Cook said its solid execution is all the more a reaction to how low costs went.

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Wednesday 24 August 2016

Share Market Update 24 Aug 2016 :TRADING ANALYSIS .

EUR/USD (A 4-HOUR CHART)

General review
EURUSD, slightly weakened, after a positive start of today trading, amid a mixed statistics for the euro area.
Current situation
On H4 chart, there is reversal candle pattern, appeared after pair pulled back to the key level 1.1320 area.
Trading recommendations
Middle term upward trend is still in the game. As the closest resistance level is the area of 1.1461. However, in the current situation of uncertainty we remain out of the market.

USD/JPY (A 4-HOUR CHART)

General review
Business activity index in Japan manufacturing sector in August increased to 49.6 against 49.3 in July. During the Asian session, the pair USD / JPY, continued to drop.
Current situation
The pair remains within the range we marked 99.91-101.78. We expect the market will again rebound from the bottom level of the range of 99.91 and to pull back at least to the balance area of 100.30.
Trading recommendations
At the same time we note that the probability increased that USDJPY will trade below 99.70-99.90 support minimum, to renew local minimums.
Ref 1 - EquityProfitSingapore
Ref 2 - fortfs

Share Market Update : Mary Chia to defend against arbitration claims .

Image result for Mary Chia Holdings

SINGAPORE (Aug 24): Mary Chia Holdings is presently engaged in a legal battle against its former joint venture (JV) partner, Slim Beauty House (SBH), a company incorporated in Japan.

The lifestyle and wellness operator says SBH has initiated arbitration against its wholly-owned subsidiary Mary Chia Beauty & Slimming Specialist (MCBSS) to claim about $4.81 million, excluding interest and cost.

The financial impact, if any, of the purported termination of the JV and of the claim for alleged breaches of contract cannot yet be determined, says the group.

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Tuesday 23 August 2016

Share Investment Update : Ley Choon wins $35.3 mil PUB water pipeline contract .


SINGAPORE (Aug 23): Engineering firm Ley Choon Group Holdings was awarded a $35.3 million contract by the Public Utilities Board (PUB) for the laying and installation of 2km length of a 2.2m potable water transmission steel pipeline.

Running from Murnane Service Reservoir at Jalan Kampong Chantek to Pan Island Expressway (PIE)/Rifle Range Road, the new pipeline is meant to improve flow and pressure of water supply servicing residents when completed.

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Monday 22 August 2016

If it is Possible Lifetime Retirement Investment Scheme Replaces the CPF Investment Scheme?



 

SINGAPORE: After years of getting blazed by unpredictable markets, Central Provident Fund financial specialists are at long last being offered a straightforward and savvy national venture plan.

The Lifetime Retirement Investment Scheme (LRIS) points unravel the speculation burdens of CPF individuals, who have perseveringly earned small returns under the CPF Investment Scheme (CPFIS), which demands grand value-based expenses.


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Friday 19 August 2016

Twitter : If it is Possible.


Twitter chase 235,000 more accounts in terror crackdown

 



SAN FRANCISCO (Aug 19): Twitter declared on Thursday that it had cut off 235,000 records amid the previous six months in an uplifted crackdown on utilization of the worldwide informing administration to advance savage fanatic causes.

The suspensions raised to 360,000 the aggregate number of records sidelined subsequent to the center of 2015 and was driving "significant results" in checking the movement, as indicated by the San Francisco-based organization.


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Wednesday 17 August 2016

Stock Picks: Six Rules to Follow for Picking a Stock in Singapore

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Lots of people do trading in Singapore market, but there are many new investors and the average ones for whom the stock picking or stock selection may be difficult. Every trader or investor have different goals and they use different methods for stock picks. In this blog we have mentioned some stock picking tips which if followed can result in earning a good profit. Consider following rules before picking a stock:

Rule 1:-
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Invest in stocks that offers company business model which is fair and straight forward and easy to understand for you. Picking that stock is also foolish which is understandable by you but which is not understandable or complicate to understand for other investors. Because investing in that stock will not result in profit if other investors do not take interest in that stock. So for investing in a particular stock and to get knowledge about market performance of the stock, it’s better to use equity tips for investing.

Rule 2:-
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Invest only in those companies that are ‘best in breed’. Best breed companies are those companies which have tremendously-established brands or have strong emerging brands. If you consider good companies then there are more changes to win the trade. It’s far first-class to stay with preeminent, ubiquitous, and noticeably-widespread brands as well as underweight sectors in which the stocks are tough to find or do not exist. So be careful while selecting a company for equity picks.

Rule 3:-
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If you want to invest in a stock then it should be strong enough to meet the criteria. Check out the long-term performance of the stock so that you will get a idea of and it will help in taking decision whether to trade that stock or not.
Buy stocks that suit the above metrics and which have performed well over a large period of time. In case you are looking for rapidly-emerging brands in addition to tremendously-established brands, this shouldn’t be a hassle. Maximum businesses that fit this profile have a wonderful lengthy-time track record of making shareholder price. It’s better to use equity recommendations for investing in a stock to get more profit. There are various service providers which analyze the market with accuracy and recommend the stocks accordingly to trade.

Rule 4:-
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Try to give attention to those companies that pay out dividends. For example, Google does not pay a dividend, however it is a highly recommended stock in line with this funding philosophy. To trade or invest in a particular stock it is better to use stock trading signals, mainly for those who don’t have the time to analyze the market whole day. Signals are nothing but the alerts which indicate the correct time and correct price to trade the particular stock so that more profit can be gained. Equity trading signals are found out to be the most reliable and in trend trading style.

Rule 5:-
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Try to avoid small-cap companies and try to invest in mid-cap or large-cap companies. There are various companies which fit in this framework but always keep that advice in mind while picking a stock. If you are investing in a good company then these advice will not be a problem. Just use stock tips and trade accordingly to win the trade. Stock tips can be a short summary of stock or the market through which you can consider the stock to trade.

Rule 6:-
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To gain profit with equity picks, you need to buy a stock that fits this framework and is more either on significant market pullbacks or when the equity is breaking out from a large consolidation area or base. While trading a stock if it is followed by equity trading tips then chances of gaining profit and winning a trade increases.
Bottom Line:-
"The four most dangerous words in investing are: 'this time it's different." - Sir John Templeton
Always follow market trends and history for selecting a stock. A major key to investing in a particular stock through stock picks is its performance over five years. So be careful while selecting a stock for making profit.


Share Market Update : UOB takes OurCrowd partnership to next level with staff training .


SINGAPORE (Aug 17): United Overseas Bank (UOB) says it is "deepening its commitment to helping startups grow" by training its commercial bankers to provide clients with information on alternative funding channels.

"In the last six months, we have trained more than 100 commercial bankers to identify and to understand the type of financing for which startups can qualify," says Janet Young, UOB's head of group channels and digitalisation in a Wednesday statement.

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Friday 12 August 2016

Stock Market News : IndoAgri returns to the black in 1H .


SINGAPORE (Aug 12): IndoAgri, the agribusiness gathering and producer of eatable oils in Indonesia, came back to productivity in 2Q16 with income of 30 billion rupiah ($3.1 million) from lost 33 billion rupiah a year prior.

The gathering accomplished higher benefits on more grounded commitment from its palatable oils and fats (EOF) division and outside money pick up.

For 1H16, the gathering additionally swung again into the dark, posting profit of 125 billion rupiah contrasted with lost 29 billion rupiah a year prior. Income was level at 6.7 trillion rupiah.

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Monday 8 August 2016

Stock Market Update : Singapore shares higher on US cues; DBS gains .


SINGAPORE (Aug 8): Singapore shares are trading higher after positive US jobs data Friday.
The key Straits Times Index is up 1% at 2,855.80, with banks and rig builders leading the gains.

DBS Group Holdings, which reported a 5.9% fall in its second quarter net profit, but came in higher than Street estimates, is up 1.6% at $15.07.
Oversea Chinese Banking Corp. is up 2.2% at $8.49.

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Tuesday 2 August 2016

SGX Stock Tips : CityDev to launch PPS scheme for Nouvel 18 .


SINGAPORE (Aug 2): Daiwa has maintained its "buy" call for City Developments (CDL), with a target price of $10.93.

This comes as a Daiwa report dated July 29 says that a Business Times article had reported that CDL is working on a profit-participating-securities (PPS) scheme involving its private residential development, Nouvel 18.

The proposed scheme would allow CDL to avoid Qualifying Charges (QC) on unsold units, estimated at $38 million in the first year of extension, with half of that amount due in November 2016. 


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Stock News Singapore : A-REIT's 1Q DPU rises 4% to 3.996 cents; launches private placement to raise up to $150 mil .


SINGAPORE (Aug 2): Ascendas Funds Management (S) Limited, the administrator of Ascendas Real Estate Investment Trust (A-REIT), has pronounced a 1Q16 DPU of 3.996 pennies, 4% higher than a year prior, supported principally by the Australia Portfolio and ONE@Changi City, which were gained in the second 50% of FY15. 

Lower utilities costs additionally contributed because of lower rates contracted for specific properties with impact from 1Q16. 

Aggregate sum accessible for dispersion grew 15.5% to $106.9 million from a year back.

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Monday 1 August 2016

Stock Market Update : Laguna Golf Bintan reopens with 'Stay and Play' packages


SINGAPORE (Aug 1): Laguna Golf Bintan commended the culmination of the broad green overhaul venture with the delicate opening of its full 18 holes on July 1. 

Laguna Golf Bintan is the main fairway on Bintan to highlight stunning beachfront openings on both the front and back nine holes. Playing the 18-gap, standard 72 design, golfers encounter a one of a kind trip characterized by nature with twisting landscapes of forestlands, tidal ponds, beachfront coconut forests, staggering age-old rock developments and all encompassing perspectives of the South China Sea.

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