STI Technical Report 22nd May 2013: STI Likely To Extend Cautious Tone Ahead Of Bernanke Testimony
Asian Markets ended mixed on Tuesday
ahead of US Federal Reserve Bernanke testimony to the US senate as investors
remains cautious awaiting Bernanke comments for clues on when the Federal
Reserves would withdraw its stimulus program. For the coming session the
sentiments are likely to be further subdued as market will be focusing on the
outcome from the Bank of Japan policy meeting later in the morning. All charts in the report are day charts and end 21st May 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 21 May 2013
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STI Technical Report 21st May 2013: STI Likely To Open With A Cautious Tone
Asian Markets ended higher on Monday
buoyed by the better than expected US data with renew confidence seen in the
global economic recovery. However the negative lead from Wall Street overnight
weighed by the on-going worries that the Federal Reserve may taper their bond
purchase program is likely to cue markets to a more cautious tone this morning. All charts in the report are day charts and end 17th May 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 20 May 2013
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STI Technical Report 20th May 2013: STI Set To Open Higher Tracking Wall Street Performance
Asian Markets ended mixed on Friday despite the positive move from China
to ease strict regulation. The sentiments were weighed by the concern over a
Federal Reserve exit from the quantitative easing programme which kept risk
appetite in check. For the coming session, the positive lead from US last
Friday is likely to cue the local bourse to a more optimistic opening this
morning. All charts in the report are day charts and end 17th May 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 19 May 2013
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STI Technical Report 17th May 2013: STI Set To Open Lower Tracking Wall Street Performance
Asian Markets extended gains and ended
mostly higher on Thursday buoyed by the positive lead from Wall Street. The
news of more easing regulation from China further boosted the sentiments.
However for the coming session the sentiment could be reverted due to the raft
of weak US economic data released overnight. Data such as CPI, Initial Jobless
claim and housing start may deter the Fed determination to scale down the
stimulus in the coming months. All charts in the report are day charts and end 16th May 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 16 May 2013
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STI Technical Report 16th May 2013: STI Likely To Remain Cautious Ahead Of Japan GDP Data
Asian Markets ended with a tepid tone on Wednesday unable to track the
gains in Wall Street. However the overall appetite for risk is still up, just
that investors are taking a breather from the recent rally in search for new
market catalyst to extend gains. For the coming session, the release of Japan
GDP this morning coupled with the positive lead from Wall Street overnight is
likely to provide the market with some directions. All charts in the report are day charts and end 15th May 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 15 May 2013
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STI Technical Report 15th May 2013: STI Set For Strong Open Tracking Wall Street Performance
Asian Market ended mixed on Tuesday
Amid speculation that the People Bank of China may tighten their stimulus
policies. The sentiment was further dampened by the tepid performance from Wall
Street as investors stays cautious seeking catalyst for further market
direction. For the coming session, the rebound on Wall Street overnight is
likely to cue the local bourse to a more optimistic opening. All charts in the report are day charts and end 14th May 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 14 May 2013
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STI Technical Report 14th May 2013: STI Likely To Consolidate Further
Asian Market ended mixed on Monday
weighed by the raft of weaker than expected China economic data signalling a
slowdown in economic activities which kept risk appetite in check. In addition
the muted reaction on Wall Street overnight is likely to keep the local bourse
in a more consolidative mode this morning. All charts in the report are day charts and end 13th May 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 13 May 2013
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STI Technical Report 13th May 2013: STI Set To Open Higher Tracking Wall Street Performace
Asian Market rallied and ended
higher on Friday ahead of the G7 meeting with renew optimism in the global
recovery. Global equities advanced for the week as central banks from Australia
and South Korea lowered their interest rate while the commitments from Europe
and US to spur growth reassured the markets participants. The rebound on Wall
Street overnight is likely to boost sentiments this morning. All charts in the report are day charts and end 10th May 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 12 May 2013
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STI Technical Report 10th May 2013: STI Likely To Consolidate
Asian Market pares gains and ended
mostly lower on Thursday as investors are concern with the rising inflationary
risk from China. However the overall sentiment remains bullish. It seems that
buyers are taking a breather from the recent rally seeking new market catalyst.
For the coming session, the mixed reaction on Wall Street overnight is likely
to cue the local bourse to a muted opening this morning. All charts in the report are day charts and end 9th May 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 09 May 2013
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STI Technical Report 9th May 2013: STI Likely To Extend Gains Amid Renew Global Optimism
Asian Market ended higher on Wednesday
buoyed by the upbeat performance from US and European markets. The sentiments
were further lifted by the robust China trade data suggesting that the global
economy is improving which boosted the appetite for risk. The rebound on Wall
Street overnight is likely to boost local sentiments this morning. All charts in the report are day charts and end 8th May 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 08 May 2013
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STI Technical Report 8th May 2013: STI Likely To Open Higher Taking Cue From Wall Street.
Asian markets ended mixed on
Tuesday weighed by the tepid performance from Wall Street. Trading activities
remains subdued as investors are seeking new catalyst for further markets
direction. On the whole the global sentiment remains bullish and was well
supported by the improvement seen in the US and European economies. For the
coming session, the positive lead from Wall Street overnight is likely to lift
local sentiments this morning. All charts in the report are day charts and end 7th May 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 07 May 2013
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STI Technical Report 7th May 2013: STI Set For Quiet Start Weighed By Lackluster Wall Street Performance
Asian markets pared losses and ended
mostly higher on Monday buoyed by the positive NFP job data from US. However
the lackluster performance from Wall Street overnight is likely to keep the
local bourse in a more consolidative mode this morning as investors seek new
catalyst for markets direction. All charts in the report are day charts and end 6th May 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 06 May 2013
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STI Technical Report 6th May 2013: STI Set To Rise Tracking Wall Street Performance
Asian market ended mostly lower on
Friday as investors remain cautious ahead of the US NFP job data after the
contradicting data between the ADP and weekly jobless claims. On contrary to
market expectation the result for the Job data is better than expected which
lifted sentiments and propel Wall Street to new high. The positive lead from US
overnight is likely to lift local sentiments this morning. All charts in the report are day charts and end 3rd May 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 05 May 2013
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STI Technical Report 3rd May 2013: STI Likely To Extend Gain Tracking Wall Street Performance
Asian markets ended lower on Thursday
amid renew concern over the economic slowdown seen in China and US. However,
during the US session overnight the better than expected jobless claims data
accompanied by the interest rate cut from the European Central Bank could
provide some relief to the mounting negative sentiment. All charts in the report are day charts and end 2nd May 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 02 May 2013
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STI Technical Report 2nd May 2013: STI Set To Decline Amid Renew Concern Over Global Growth
Asian Markets ended muted on Wednesday
with most markets closed for holiday. The trading volume remains subdued due to
the lacklustre performances from Wall Street and China which kept risk appetite
in check. These negative data raise concern over the global economy and
questioned the sustainability of the recent rally. For the coming sessions, the
poor Job and manufacturing data from US overnight is likely to weigh on the
sentiments. All charts in the report are day charts and end 30th April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 01 May 2013
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STI Technical Report 30th April 2013: STI Likely To Extend Gains Tracking Wall Street Performance
Asian Markets ended muted on Tuesday
with China and Japan markets closed for holiday. The trading volume remains
subdued due to the lacklustre performances from Wall Street which kept risk
appetite in check. For the coming sessions, the renewed confidence in the
Eurozone after the formation of Italian government coupled with positive
housing data from US is likely to cue the local bourse to a more optimism
opening. All charts in the report are day charts and end 29th April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 29 April 2013
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STI Technical Report 29th April 2013: STI Set For A Quiet Start Weighed By Lackluster Wall Street Performance
Asian markets ended muted last Friday
due to the tepid performance seen in Wall Street as a result of inconsistency
in the earnings report. The sentiments were further dampened by the raft of
weaker than expected economic data suggesting a slowdown in the economic
activities. For the coming sessions,
market activities are likely to be subdued as Japan and China market is closed
for holiday and the lacklustre performance on Wall Street Last Friday is likely
to weigh on the sentiments. All charts in the report are day charts and end 26th April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 28 April 2013
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STI Technical Report 26th April 2013: STI To Remain Cautious Ahead Of Bank Of Japan Policy Meeting
Asian Markets extended gains despite the muted action on Wall Street and
managed to close higher on Thursday as investors look ahead to Bank of Japan
decision on Friday for more cues of stimulus. In addition, the positive
sentiments were further lifted during the US sessions buoyed by the positive
earnings reports and weekly job data. The rally by US stocks last night is
likely to cue the local bourse to a more optimistic opening this morning. All charts in the report are day charts and end 25th April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 25 April 2013
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STI Technical Report 25th April 2013: STI Likely To Consolidate
Asian Markets ended higher buoyed
by the upbeat earning data from the US overnight. However gains are likely to
be cap as the positive earnings are weighed down by the negative economic data
released, hence we expect the markets to whipsaw till further clarity is
present. The lacklustre performance from Wall Street overnight is likely to
keep the local bourse in a more consolidative mode this morning. All charts in the report are day charts and end 24th April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 25 April 2013
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STI Technical Report 24th April 2013: STI Likely To Stage A Rebound Tracking Wall Street Performance
Asian market ended lower on Tuesday
weighed down by the poor China PMI data suggesting a slowdown in economic
activities. The erratic price movement
in the markets seems to suggest that investors are confused by the raft of
mixed economic data released by the US and China over the past weeks. The
sentiment is likely to persist thru till further clarity is present. Meanwhile
the positive lead from Wall Street, despite the bogus bomb scare is likely to
provide some temporary relief to the local bourse this coming session. All charts in the report are day charts and end 22rd April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 23 April 2013
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