Philip Chua Business Blog

Posts Tagged ‘rally’

Wall Street enters this week on the cusp of a breakout in U.S. stocks, but it will need another spate of convincing earnings reports to feed the rally that sprouted at the end of last week.


Wall Street - Sports - Organizations - Investing - Stocks and Bonds

A firm 'risk on' day with even a larger-than-expected fall in US ISM nonmanufacturing unable to stem the equity rally. Good demand for Spain's fi rst syndicated government bond offering (€6bn of 10yr bonds) since February gave equities a boost leading to a 2.5%+ rally in Europe. Despite ISM nonmanufacturing

Markets failed to advance the China-inspired risk rally past the Asian session. The S&P500 physical index gapped higher at the open, but this was simply refl ecting its futures counterpart's earlier gains. Indeed, S&P500 futures peaked around the Sydney close, and started a retreat which has seen all the previous

Will corporate profits save the stock rally — or kill it?


Business - Investing - Stocks and Bonds - Equities - Research and Analysis

U.S. Dollar Trading (USD) was on the back foot after the US stock market staged an impressive rally after Asian and European stocks were quite weak. The exception was the Yen however as Japanese PM Hatoyama resigned and the search for a new leader began. April Pending Home Sales at

AS THE curtain fell on the first quarter, investors on the local bourse scrambled yesterday to lock in profits from a generally slow and steady March rally.
This sent the Straits Times Index (STI) tumbling 45.9 points, or 1.57 per cent, to 2,887.46, its biggest one-day fall since Feb 5.
This put paid to expectations in some quarters that the benchmark would end the quarter on a positive note.
Even… more