Philip Chua Business Blog

Posts Tagged ‘strength’

DBS GROUP Holdings is Singapore’s top bank brand, according to a survey of the world’s 500 leading banking names.
The Brand Finance Banking 500 report, which measures strength, risk profile and growth potential to calculate brand value, claimed DBS eclipses rivals United Overseas Bank (UOB) and OCBC Bank.
It put DBS’ brand value at US$1.52 billion (S$2.1 billion) last year – a 12 per cent hike fro… more

The dollar has surged to an 8-month high against the euro, and is also rising against other currencies. Its strength could start damaging the fragile U.S. recovery.

United States – European Union – Gross domestic product – Greece – Government

INVESTORS should use the recent correction to buy into markets, say strategists of two private banks. But banish the thought of a buy and hold approach, as volatility may well erase gains made during the year.
Says Credit Suisse Private Bank’s chief investment officer Stefan Keitel: ‘Buy on weakness, sell on strength. There will be two to three corrections in 2010 but also opportunities.
‘We think… more

Immediate risk has turned to the upside having broken and held above its key overhead resistance at the 1.6234/39 levels, its Dec 31’09/Jan 04’10 highs. Though failing to follow through higher on the back of its Thursday strength on Friday, the caveat is as long as the pair holds above…

The first week of the year saw the greenback giving back its gains back, more so to commodity currencies such as the Loonie, Aussie, and Kiwi. Against the Euro and Sterling, it was pretty much sideways. Surging oil prices can be attributed to the strength in the commodity currencies, even…

On balance the economic data released since Christmas has been positive. Leading indicators continue to look strong globally, although some indicators like OECD leading indicators currently give an early warning of a growth peak in Q1 10, see Business Cycle Monitor: More short-term strength. In particular, the recovery in global…

The greenback extended its recovery this past week, as a confluence of fundamental factors undermined other currencies and supported the USD. However, we continue to believe the primary driver of USD strength at the moment is ongoing USD short-covering from excessive positioning levels. Sovereign credit concerns out of Europe struck…

US consumers will be in focus in the coming week and the main event will be retail sales data. The strength of private consumption in the US has surprised on the upside in recent months. Data received so far is pointing to another increase in retail sales in November but…

A rising proportion of fixed-rate home loans made to people with good credit are sinking into foreclosure, adding to concerns about the strength of the economic recovery.







Mortgage – Foreclosure – Business – United States – Financial Services

Risk continues to build to the upside having halted its corrective declines initiated off the 1.5062 level. Th e current price development is coming on the back of a turn ahead of its rising LT trendline drawn off the 1.2456 level. The mentioned strength has taken back half of its…