02 Jul '12, 2am

More Green for STI In Week Ahead?

More Green for STI In Week Ahead? by healthytrader on July 2, 2012 News have been less seldom so rosy lately especially over weekends when more depressing Europe revelations come about. But this weekend has been really quite a turn around isn’t it? Ending-week Friday rally to close a really roller-coaster-like ride since year start with most, if not all, indices up YTD. Europe is finally showing some urgency and collective will to do something about their mess. Chicago PMI up to 52.9 from 52.7 outperforming estimates of 52.5. Data was released on 29 June Friday. China June PMI data, released on 1 July Sunday, stands at an official 50.2 , higher than an estimated 49.8, though lower than 50.4 in May. South Korean trade surplus surprised all analysts coming in at $4.96billion for June, the highest surplus since 21 months ago. Crude oil prices are up a whopping 9.2% on Friday,...

Full article: http://thefinance.sg/2012/07/02/more-green-for-sti-in-wee...

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