Philip Chua Business Blog

Posts Tagged ‘buying’

U.S. Dollar Trading (USD) was buoyed by month end buying of the USD but in general the market was very quiet with the US markets closed for Memorial day. The markets were quite thin and so small orders were moving the market in a whippy fashion that kept many speculators

AMID the general optimism over equities in Asia and the emerging markets, strategists at Barclays Wealth have sounded a note of caution over valuations in Asia. This runs counter to the consensus view that Asian growth is set to outstrip that of developed economies – a point that isn’t in dispute – and that market weakness is a buying opportunity.

Says Aaron Gurwitz, Barclays Wealth managing di… more

Technical analysis show us the euro may correct upwards before continues its downtrend as MACD giving us a buying signal by crossing MACD line to the signal line and RSI breaks 30% line upwards. Bollinger gives us a bullish signal by closing the candle above the lower band.

A wobble in pro-risk strategies linked to equity market jitters in China and default fears in the Middle East caused a surge in volatility, but may present a buying opportunity in a (still) ample liquidity environment. With buyers considering more attractive levels and finding cover in generally risk-supportive central bank…

Consumers got back in the buying mood in October as their incomes grew modestly, an encouraging sign for the budding economic recovery.

Business – Wood and Plastics – Materials and Supplies – Construction and Maintenance – Heavy Timber Construction

A 70-POINT rise in the December futures contract on the Dow Jones Industrial Average, a 1.7 per cent rise in Hong Kong’s Hang Seng index and a firm opening Europe-wide yesterday led traders here to bet heavily on Wall Street opening the week with a bang. The subsequent buying targeted mainly banks and propelled the Straits Times Index up 56.62 points to 2,783.85 in moderate volume of 1.85 billion … more