no crisis if lunch consists of peaking duck & buddha jumps over the great wall.
Here' s more noise n rumours n noise from officials who are out of sync with reality .... For those who are solely focused on " media reports" n who can' t stand the noise, no need to bother one. Articles like these are only suitable for crazy naive people like me lah.Financial markets' impact on real economy fairly limited: government
MAS dismisses talk of Singapore banking crisis
Here' s more noise n rumours n noise from officials who are out of sync with reality .... For those who are solely focused on " media reports" n who can' t stand the noise, no need to bother one. Articles like these are only suitable for crazy naive people like me lah.
North and South American Indexes
| Index | Country | Change | % Change | Level | Last Update | |
|---|---|---|---|---|---|---|
 |
Dow Jones Industrial Average | United States | +53.21 | +0.32% | 16,484.99 | 4:34pm ET |
| |
S& P 500 INDEX | United States | +8.53 | +0.44% | 1,929.80 | 4:34pm ET |
| |
Brazil Bovespa Stock Index | Brazil | -436.38 | -1.03% | 42,084.56 | 5:50pm ET |
| |
Canada S& P/TSX 60 | Canada | -2.83 | -0.38% | 747.86 | 4:33pm ET |
| |
Santiago Index IPSA | Chile | -30.12 | -1.02% | 2,934.07 | 3:07pm ET |
| |
IPC | Mexico | -42.85 | -0.10% | 43,173.73 | 6:06pm ET |
Bulls chalk one up after late-day surge on Wall St.
U.S. stocks mounted a late-session rally to close higher on Wednesday after an increase in oil prices helped reduce investors ' fears about banks' vulnerability to energy companies struggling to pay their debts.
OIL REBOUNDS
Government data showed U.S. crude oil stockpiles rose by 3.5 million barrels in the United States last week to an all-time peak. But the increased gasoline demand over the past four weeks and a drop in inventories helped push crude futures higher.
Brent crude LCOc1, the global benchmark, rose 3.7 percent to $ 34.50 a barrel. U.S. crude CLc1 added 1.1 percent to $ 32.23.
The turn in oil and stocks pushed yields on the lowest-risk government bonds sharply higher, with prices ending the day slightly in the red.
Read more......L i n k
Just like the developers who recently call for govt to relax the regulation cos they have condos not able to sell within the timeframe..
return and risk not asymmetrical.. wants return but don' t want risk.
the world is becoming like that, market drops couple of %, markets calling for more stimulus. When market is going up, no markets called for tightening...
LOL
LOL
problem is too much hope too.. it more crazy now
Problem may not be too much drugs anymore. Rather too much of generic drugs that are becomming increasingly resistant. At the same time while the patient is still not even in high-dependency ward, the coffin has already been bought, n the grave dug, by the mkt.
they should just let the economy correct itself...too much drugs make the world become an addict....
Problem may not be too much drugs anymore. Rather too much of generic drugs that are becomming increasingly resistant. At the same time while the patient is still not even in high-dependency ward, the coffin has already been bought, n the grave dug, by the mkt.
they should just let the economy correct itself...too much drugs make the world become an addict....
What JL was saying was the world is not in crisis, unlike in 2008-09 n that people are interpreting things in China in a too negative way. Countries shd avoid competitive currency devaluations, but tap on fiscal measures to stimulate demand.
they should just let the economy correct itself...
too much drugs make the world become an addict....
What JL was saying was the world is not in crisis, unlike in 2008-09 n that people are interpreting things in China in a too negative way. Countries shd avoid competitive currency devaluations, but tap on fiscal measures to stimulate demand.
US just crushed any hopes of the g20 meeting as an excuse for rally....i suspect next 1-2 days will be super ugly to force them to show something...
What JL was saying was the world is not in crisis, unlike in 2008-09 n that people are interpreting things in China in a too negative way. Countries shd avoid competitive currency devaluations, but tap on fiscal measures to stimulate demand.
US just crushed any hopes of the g20 meeting as an excuse for rally....i suspect next 1-2 days will be super ugly to force them to show something...
Long oil... Enjoy...
US just crushed any hopes of the g20 meeting as an excuse for rally....
i suspect next 1-2 days will be super ugly to force them to show something...
Important to watch the pending " spat" between the two giants on the South China Seas. Most important will be the stand taken by Asean members, particularly Sg. US wants Asean members to poke at China to see some reactions. So far team poking has not started yet. If it starts, the market can collapse further, so watch out for our Singapore stand on the matter. Hope no agitation is on the card.
Sis tml one more round... dow future looking bad...........
wow tdy STI top lau sai king...drop 2.03%...toilet paper no enuf....lol
Sis tml one more round... dow future looking bad...........
wow tdy STI top lau sai king...drop 2.03%...toilet paper no enuf....lol
Straits Times Index
2,619.96 -1.95% -52.11
| Volume: | 1,298.7M | ||
| Value: | $1,573.7M | ||
| Gainers/Losers: | 127/255 | ||
Global Stocks Down as Commodities Prices Slip
Global stocks fell Wednesday, weighed by fresh declines in commodities prices and China' s currency.
Losses were led by the mining and energy sectors as oil and base metals prices continued their retreat.
Crude oil lost further ground after Saudi Arabia' s oil minister dismissed the possibility of a production cut amid a global supply glut. Brent crude was down 1.6% at $ 32.75 a barrel, adding to pain for the energy sector and its creditors.
Some investors have used the oil price as a gauge of the health of the global economy, responding to downward moves by selling risky assets, such as stocks, across the board.
Also keeping investors cautious, Chinese authorities guided the yuan weaker for a second day in a row. Depreciation of the currency sent shock waves through financial markets last August and at the start of this year.
Investors fear a substantially weaker Chinese currency could spur capital outflows from the country and adversely impact China' s trading partners.
Mixed U.S. data did little to reassure investors about the strength of the U.S. economy after consumer confidence figures disappointed.
wow tdy STI top lau sai king...drop 2.03%...toilet paper no enuf....lol
