Posts Tagged ‘February’
Forex Exchange Morning Report
Fewer cluster homes for S’pore market
Weekly Economic and Financial Commentary
Three important economic indicators this week suggested continued economic growth. Factory orders, the Institute for Supply Management Index and employment all suggested continued progress on the economic front. Factory orders increased 0.6 percent in February and the gain reported for January was revised higher. Factory orders have gained in 10…
US Economic Indicators Preview
In February, nonfarm payrolls fell by 36,000, which was slightly more than in January. However, considering the extreme weather conditions, the jobs report was surprisingly good, particularly as less private jobs were lost than in January and hiring in the services sector accelerated. There are several reasons why the March…
Construction spending at lowest point since ’02
Builders cut back on new projects at a faster-than-expected pace in February and drove down construction spending to the lowest level in eight years.
Construction – Construction and Maintenance – Business – Business and Economy – Real Estate
Weekly Technical Commentary
Conflicting signals as we remain trapped below ‘channel’ resistance with two consecutive small ’spike lows’ ahead of the 26-wek moving average at 89.30. The Ichimoku ‘cloud’, which thickens and drops mid-May, suggests one should continue to hold a short position while the moving averages turned to a long one mid-February….



