Philip Chua Business Blog

Posts Tagged ‘news’

Large bounce in risk sentiment. US equities (S&P500) are currently 3.0% higher following a day of news conducive to risk seeking. The earlier solid outcomes for Australian GDP and Chinese manufacturing set the starting tone for the European and US sessions, partly explaining the modest effect the weak US (ADP)

FOR the first time at the Natas travel fair this weekend, there is something for everyone, including their pets. A pet hotel is out to woo travelers who need a boarding place for their furry companions while they are away on vacation. Petopia, a pet-wellness centre in Seletar Hills Estate that made news recently for offering luxury pet spa services, is pitching tailor-made holiday itineraries,... more

IN many respects it was an odd week for local stocks, but on reflection, maybe one that turned out within expectations. Players were puzzled by the market's lack of reaction to news of a surprise upward revision in economic growth to as high as 15 per cent this year. But if you think about it, this is probably because most of the good news has already been priced in - and markets are in all likeli... more

Risk markets shrugged off the previous day's bearish Moody's/Greece news and pushed higher from the European open. The S&P500 is currently up 2.1%, back to 19 May levels, and breaking above the 200d moving average (the market has been fi xated by this indicator for the past few weeks). The

Risk appetite rebounded in stuttered fashion across most asset classes on Friday night. US equities opened weaker, but news that Germany’s parliament approved the EU rescue package and unfounded rumours that Goldman Sachs had reached a settlement with the SEC helped turn that around, followed by another small surge near