04 Jun '11, 7am

Market Outlook (04/06/11): Economy Going Into Soft Patch As STI Trend Sideways!

Market Outlook (04/06/11): Economy Going Into Soft Patch As STI Trend Sideways!

Market Outlook (04/06/11): Economy Going Into Soft Patch As STI Trend Sideways! by Dou on June 4, 2011 In last week, STI merely gain 10 33 points from the opening of 3136 and close higher at 3146. A black candle sticks with long upper shadow similar to the “shooting star” affirms that the resistance at 3180 remains very strong as investors took profit near that region. Key Economics Data report: In the past week, there has been a series of disappointing reports in US that have indicate a slowdown across the economy. The Friday’s employment report display a rise in unemployment to 9.1 percent and job growth of 54,000 which is only one third of economists’ consensus forecast and well below April’s revised. The drop in job growth created fears into investor to consider whether the economy is temporarily stalled or ready to hit the skids. For the coming week, the focus will be...

Full article: http://thefinance.sg/2011/06/04/market-outlook-040611-eco...

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Are We Talking Up the Market?

Are We Talking Up the Market?

thefinance.sg 04 Jun '11, 3pm

Are We Talking Up the Market? by Mr. Propwise on June 4, 2011 This year started off strongly for Government Land Sales (GL...