Posts Tagged ‘Run’
US stocks ready for pause ahead of new quarter
THE Dow Jones Industrial index saw its bull run of eight straight days of gains interrupted last Friday, and investors should not be surprised if traders hit the pause button on the rally a few days longer.
The coming week may just contain enough unsettling developments from Washington, DC and Europe in a week otherwise devoid of market-moving numbers.
‘A pause this week won’t surprise or distress… more
Median resale prices for exec condos soar 63%
(SINGAPORE) THE median resale prices of executive condominiums (ECs) have increased 63 per cent in the past two years, riding on the bull run in the private residential market, a report says.
Caveats lodged for ECs in the resale market in October 2009 showed prices at $519 per sq ft (psf), says CB Richard Ellis (CBRE). This is 63 per cent higher than at the bottom of the market in Q3 2006, when … more
Rally may herald economic upswing
COMMODITY markets have had a pretty good run so far – gold hit a record US$1,070.40 per ounce over a week ago, while oil crossed US$80 a barrel last Wednesday.
Similar rallies were also seen in silver and the industrial metal copper.
Clearly, the US dollar weakness has a role to play in this as investors rebalance their portfolios to hedge against the American currency.
But beyond that, the good n… more
Asian stock markets losing steam
ASIAN stock markets were in the red yesterday as investors doubted whether equities would be able to continue their incredible bull run for much longer.
Even a better-than-expected United States housing market report and small gains on Wall Street – the Dow Jones Industrial Average added 0.36 per cent to reach its highest level since November – failed to inspire much buying here.
The benchmark… more
USDJPY: Builds On Its Nearer Term Recovery
The pair sustained its previous week gains the past week and followed through higher to the upside to close at 94.78. This marks its second week of higher closes since recovering off the 91.73 level, its July 13’09 low. This development has paved the way for additional run to the…



