Philip Chua Business Blog

Posts Tagged ‘optimism’

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

December’s employment report was somewhat of a disappointment. Many were expecting a small increase in employment to be reported for December, even though the consensus was calling for a small decline. Our own forecast called for a larger than consensus drop and we had repeatedly noted that the optimism so…

EQUITY weightings of private clients’ portfolios are expected to remain elevated relative to bonds going into 2010, in a sign of continuing optimism over global growth and, in particular, growth in Asia and the emerging markets.
Strategists are less upbeat on fixed income assets, citing a backdrop of possible interest rate rises as part of central banks’ exit strategies.
So far, there are a number… more

STOCKS here started the holiday-shortened week on a bullish note yesterday, propelled by major contract wins at some firms and renewed optimism for the economic recovery boosting banks and commodities-related stocks.

The Straits Times Index (STI) finished 36.34 points or 1.3 per cent higher at 2,797.88, the highest closing level since Aug 14 last year.

Elsewhere in Asia-Pacific yesterday, othe… more

The risk rally extended gains this past week as optimism over the global recovery beat out concerns that rising unemployment may lead to continued sluggishness. The USD, meanwhile, finished out roughly in the middle of the week’s range after testing near to its recent lows against the EUR and other…

AP – Asian stock markets faltered Wednesday as weak U.S. housing starts tempered optimism about better-than-expected corporate earnings.