Philip Chua Business Blog

Posts Tagged ‘line’

The dollar rose against most of its rivals on Friday. US July retail sales increased in line with forecast; July inflation was tame; and August consumer sentiment rebounded from an 8-month low. The S&P 500 declined 4.36 to 1,079.25, pressured by disappointing sales reports from US retailers in July. The

ORCHARD MRT station will be getting a shopping belt, in line with its location in Singapore's largest shopping district. The area in the station that used to house Popular Bookstore will be transformed into train operator SMRT's eighth MRT station shopping strip – which it calls an Xchange – by the end of this year. Ms Teo Chew Hoon, vice-president of SMRT's comme... more

Risk aversion remained the dominant theme in the NY session. ADP June Employment Change started off by printing a disappointing +13k increase against expectations of a +60k increase. Next up on the data slate was Chicago PMI, which came out in line with expectations at 59.1. As the day wore

Technical analysis shows us the Euro may continue its uptrend but we may have a correction first. Indicators are in a bullish direction like MACD, which crosses the signal line upwards. RSI is in an uptrend. Bollinger gives us a bullish signal by closing the candle above the higher band.

THE Housing Board has released 1,534 flats at two new projects, in the latest move to allay widespread fear of a public housing shortage.
Yesterday, it launched 750 build-to-order (BTO) units in Punggol and 784 in Woodlands. A further 1,000 BTO flats in Sengkang and Sembawang are slated for launch next month.
The launches are in line with the HDB’s plan to offer an islandwide spread of 7,000 BTO f… more

The U.K. currency might start to rebound after a strong bearish movement based on technical analysis. Indicators gives us a bullish signal for a correction reason like RSI, which bounces on 30% line upwards, MACD crosses the signal upwards on hourly chart, and Bollinger gives us a bullish signal by…