Hong Kong, Shanghai: Stocks down at open

Shares in Hong Kong and Shanghai dipped in the first few minutes on Thursday as investors await the release of closely watched Chinese trade data later in the day.

The Hang Seng Index fell 0.16 per cent, or 36.85 points, to 23,704.96.

The benchmark Shanghai Composite Index edged down 0.06 per cent, or 1.98 points, to 3,089.95, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.07 per cent, or 1.44 points, to 2,043.11.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Australia shares languish ahead of US payrolls; NZ slightly lower

Australian shares lost ground for a third consecutive session on Friday as apprehension mounted around potentially robust US jobs data, expected later in the day, which could bolster the argument for a US Federal Reserve rate rise in the near term.

The market also took cues from overnight moves on Wall Street, where stocks were flat with gains in the tech sector offsetting a disappointing US factory activity report and lower oil prices.

The S&P/ASX 200 index shed 52 points, or one per cent, to 5364.1 by 0316 GMT. The benchmark finished 0.3 per cent lower on Thursday.

Strength in the US labour market has inspired hawkish comments from some Federal Reserve officials of late, with vice chair Stanley Fischer and Cleveland Fed President Loretta Mester both hinting at an imminent rate hike.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Taiwan: Stocks fall; tech, shipping counters help limit losses

Taiwan stocks fell on Friday in keeping with nervousness in some overseas markets, but losses were limited as key technology and shipping stocks rose.

Some Asian shares were weak on uncertainty over the potential for a strong US nonfarm payrolls number later in day - and with it an elevated chance of a Federal Reserve rate hike soon.

As of 0230 GMT, the main Taiex index fell 0.5 per cent to 8,960.75, after closing down 0.8 per cent in the previous session.

The electronics subindex sank 0.8 per cent, while the financials subindex lost 0.2 per cent.
But some share gains were coming on back of troubles at rival companies that could bolster business for the Taiwanese listed firms.

Shares in Hon Hai Precision were up 1.5 per cent. Hon Hai is a major assembler for Apple Inc's popular iPhones, and the latest version of iPhones are expected to launch later this month and compete with smartphones by rival Samsung Electronics Co.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Hot stock: Telcos fall on potential entry of 4th operator

SINGAPORE'S telcos fell on Friday after three firms formally submitted their bids to take part in an airwaves auction that could lead to the nation's fourth telco.

By 9.15am, Singtel was down seven cents to S$3.90 or 1.8 per cent; StarHub was down 15 cents to S$3.48, or 4.1 per cent; M1 was down 16 cents to S$2.50, or 6 per cent.

All three were among the top 10 stocks by value traded.

The contenders are newly formed company airYotta Pte Ltd; fibre broadband services provider MyRepublic; and TPG Telecom, a provider of telco services in Australia.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Australia shares bounce on Wall Street, financials lead; NZ stocks up

Australian shares bounced on Tuesday, supported by overnight strength on Wall Street and upbeat US consumer spending data, with gains in the financial sector leading the way.

The S&P/ASX 200 index rose 28.2 points, or 0.5 per cent, to 5497.6 by 0245 GMT, after hitting its lowest in over a month in the previous session due to concerns of a near-term US interest rate hike.

But strong US consumer spending, which accounts for more than two-thirds of US economic activity, lifted the mood.

Investors are now turning their attention to US payroll data later on Friday to gauge if the Federal Reserve might be in a position to raise rates before year-end.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

SINGAPORE I-FOREX UPDATE BY EPIC RESEARCH

EUR/USD is currently trading with a bullish bias. Yesterday, the pair traded perfectly long as

previously forecasted but is yet to reach our set target resistance level at 1.1239. The daily

candle is still pretty much bullish and will likely push the price further to the upper side.

Thus, during this intraday, we expect a possible bullish price rally towards 1.1239 or even

higher to 1.1264. This pair should be traded alongside EUR/JPY, AUD/USD, NZD/USD and

GBP/USD. These pairs have a strong positive correlation of up to +0.96 and will have a similar

price action during this intraday.




The pound slipped lower against the U.S. dollar on Wednesday, after data showed that

U.K. service sector activity contracted for the first time in more than three years and as investors

eyed the Bank of England’s policy meeting on Thursday.GBP/USD hit 1.3287 during

European morning trade, the session low; the pair subsequently consolidated at 1.3334,

edging down 0.17%.Cable was likely to find support at 1.3169, the low of August 2 and resistance

at 1.3480, the high of July 15.Research group Markit said its U.K. services purchasing

managers’ index dropped to 47.4 last month from a reading of 52.3 in June. It was

the lowest level since December 2012.The weak data added to expectations for a rate cut



by the BoE at its policy meeting on Thursday.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : Forex Market Update

Asian stocks moved higher on Friday, as a strong reading on the U.S. labor market helped shares recover from heavy selling earlier in the week.

Japan’s Nikkei gained 1.7%, after the yen weakened against the U.S. dollar overnight. The greenback had climbed to trade at ¥102.11 late Thursday in New York, after gaining a total of 0.7% in the previous session. It was last trading at ¥101.94 in Asia.

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : Sony Update

He shares closed with a 1.5% gain, moments ahead of the company’s quarterly results, in which Sony JP:6758  said it was lowering its fiscal-year outlook from a profit to a loss and confirmed plans to sell its Vaio PC unit. So maybe further gains tomorrow will be a tall order.

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : U.S Market Update

Japan share trading typically reflects both the dollar and prior Wall Street indexes, and so Friday’s U.S. share selloff following poor earnings reports from Amazon.com and Chevron--combined with a selloff in the dollar--hurt the market.

The dollar fell under the ¥102 level, but has since rebounded somewhat to the ¥102.30 mark.  

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : U.S Market Update

Futures for the Dow Jones Industrial Average DJH4 -0.14%  rose 58 points to 15,755, while the Standard & Poor’s 500 index SPH4 -0.14%  rose 7.6 points to 1,778.80. Futures for the Nasdaq-100 index NDH4 +0.50%  rose 21.25 points, or 0.6% to 3,495.25.  

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : Forex Market Update

Dollar strength was visible in most major crosses, with the euro EURUSD -0.03%  dropping to $1.3556 from $1.3662 late Wednesday in North America. The pound GBPUSD -0.05%  also fell to $1.6488 from $1.6561 late Wednesday.

The dollar USDJPY -0.27%  rose to ¥102.72 from ¥102.19 late Wednesday.

The New Zealand dollar NZDUSD -0.38%  fell to 81.57 U.S. cents from 82.15 U.S. cents late Wednesday. New Zealand’s central bank on Wednesday left rates on hold.

The Australian dollar AUDUSD -0.34% rose to 87.88 cents from 87.41 U.S. cents late Wednesday.  



Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : Comex Market Update

March natural gas NGH14 -2.32% , which became the front-month contract after the February contract expired on Wednesday, dropped 45 cents, or 8.3%, to settle at $5.01 per million British thermal units. The March contract had gained 10.6% on Wednesday.  
In other energy trading, February gasoline RBG4 +0.50%  closed little changed at $2.66 a gallon and February heating oil ended at $3.22 a gallon, up 3.5 cents, or 1.1%. The February contracts for the two petroleum products expire at the close of Friday’s trading session. 

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : Forex Market Update

The dollar USDJPY +0.24%  fell to ¥102.19 from ¥103.33 level late Tuesday. The yen is likely to strengthen against the dollar as turmoil in emerging markets continues, according to a note from Bank of America Merrill Lynch. 

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : Facebook Market Update

Those issues will still be in the spotlight when Facebook FB +12.09%  reports results after the market closes on Wednesday, though investors will likely also focus on the bright side, led by the expected gains from video ads and Instagram.

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : Forex Market Update

The U.S. currency USDJPY +0.37%  bounced up to 103.27 yen from ¥102.83. The dollar in recent sessions had dropped against its Japanese counterpart but found some relief Tuesday after Turkey’s central bank raised its overnight lending rate to 12% from 7.75%. The move was made in an emergency meeting of policy makers in the wake of an accelerating slide in Turkey’s lira against the dollar.
 
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : Comex Market Update

Elsewhere in metals trading, platinum for April delivery PLJ4 +0.18%  rose $2.70, or 0.2%, to $1,412.10 an ounce, while March palladium PAH4 +0.06%  was up 40 cents, or 0.1%, at $716.90 an ounce. High-grade copper for March delivery HGH4 +0.31%  added a penny to $3.26 a pound.  



Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : Comex Market Update

Gold for February delivery GCG4 +0.21%  in electronic trade was up $2.80, or 0.2%, to $1,252.80 an ounce. March silver SIH4 +0.42%  added 6 cents, or 0.3%, to $19.56 an ounce. A day earlier, gold futures made it two sessions in a row in the red, as improving consumer confidence helped boost equities.  

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : Comex Market Update

Natural-gas futures on Tuesday recouped much of what they lost a day earlier, as severe cold weather and expectations for more ahead raised concerns over U.S. supplies of the heating fuel. Oil futures, meanwhile, rallied too ahead of the week's updates on U.S. petroleum supplies. February natural gas NGG14 -1.53% added 19 cents, or 3.8%, to settle at $5.03 per million British thermal units after losing 6.5% on Monday. March crude CLH4 -0.11% finished up $1.69, or 1.8%, at $97.41 a barrel.
 
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : Comex Market Update

Crude futures on the New York Mercantile Exchange also gained, outperforming the rise in Brent crude as traders waited for weekly petroleum-supply data that is expected to show a steep drawdown in distillate inventories.  
 As of the week ended Jan. 17, working gas in storage totalled 2.423 trillion cubic feet, according to the U.S. Energy Information Administration, down about 13% from the five-year average. 

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : Yahoo Market Update

Yahoo Inc. YHOO -2.43%  will report after the U.S. market close Tuesday. 
 European stocks broke a three-day losing streak, while Asia closed with mostly mild losses. Crude-oil and natural-gas prices were higher, while gold was moving south. The dollar pared gains against the yen USDJPY +0.30%   after the durable goods data disappointed. 

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More