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STI Technical Report 18th April 2013: STI Likely To Consolidate Further
Asian Markets ended mixed on Wednesday despite the positive lead from Wall Street as investors remained cautious over the on-going worries over global growth. The slow in China and US are likely to keep risk appetite in check. During the US sessions, the lacklustre earnings are unlikely to provide any inspiration for the local bourse in the coming session. All charts in the report are day charts and end 17th April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 18 April 2013
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STI Technical Report 17th April 2013: STI Likely To Extend Gains Taking Cue From Wall Street
Asian Markets ended mixed on Tuesdays amid the renew concern that the two largest economy in the world is showing signs of slowing. The sentiments further were weighed down by the Boston bombing and the rising tension in North Korea. However the strong rebound from Wall Street overnight, buoyed by the upbeat earnings and economic data is likely to boost local sentiments this morning. All charts in the report are day charts and end 16th April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 16 April 2013
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STI Technical Report 16th April 2013: STI Set To Fall Amid Global Uncertainties
Asian Markets ended lower on Monday shadowed by a raft of disappointing Chinese data showings signs that the world 2nd largest economy is slowing down. The negative sentiments were further dampened by the escalated tension in North Korea and the Marathon blast in Boston which happened during the US sessions. These risk events are likely to weigh on the sentiments. The sharp retreat on Wall Street overnight is likely keep the local bourse on the back-foot this morning. All charts in the report are day charts and end 15th April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 16 April 2013
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STI Technical Report 15th April 2013: STI Likely To Consolidate Ahead Of Chinese Data
Asian Markets ended mostly lower last Friday despite the positive lead from Wall Street as investors remained cautious over the tension arising in North Korea, the threat of a potential missile launch kept risk appetite in check. During the US session, the weaker than expected jobless claims data further weighed on the sentiments thus the mixed reactions on Wall Street last week is likely to cue the local bourse to a muted opening this morning. All charts in the report are day charts and end 12th April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 14 April 2013
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STI Technical Report 12th April 2013: STI Likely To Remain Cautious Amid The Rising Tension In North Korea
Asian Market ended mostly higher on Thursday with Japan market taking the lead, supported by a weaker yen. In addition the sentiments were further reinforced by the optimism in the US economy. However despite the optimism, the speculation of an imminent missile launch from North Korea is likely to keep risk appetite in check. For the coming session, the Upbeat job data from the US is likely to provide Asian market some inspiration amid the rising uncertainties. All charts in the report are day charts and end 11th April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 11 April 2013
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STI Technical Report 10th April 2013: STI Likely To Extend Gains Buoyed By Positive U.S Earnings Expectations
Asian Markets pared losses and ended mostly higher on Tuesdays boosted by the positive inflation data from China. The sentiments were further buoyed by the optimism for the coming US corporate earnings seasons. However the ongoing uncertainties in the Asian pacific region, such as the bird flu pandemic and rising tension from the Korean peninsula are likely to keep gains in check. During the US session overnight, the positive head start for the new earnings seasons propel Wall Street higher and this positive sentiment is likely to extend over the coming Asian Session. All charts in the report are day charts and end 9th April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 09 April 2013
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STI Technical Report 9th April 2013: STI Set To Open Higher Taking Cue From Wall Street Overnight
Asian markets ended mostly lower on Monday, shadowed by the weak NFP Job Data from US last Friday. The sentiments were further dampened with concern over the rising tension in the Korean Peninsula and the bird flu outbreak in China. During the US session, despite the technical rebound on Wall Street, the lacklustre first quarter earnings is unlikely to provide any inspiration for the local bourse in the coming session. All charts in the report are day charts and end 8th April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 08 April 2013
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STI Technical Report 8th April 2013: STI Set To Open Lower Shadowed By Poor US Job Data
Most Asian Market ended lower on Friday, except Japan due to the aggressive stimulus package implemented by the Bank of Japan, while the other markets remain cautious ahead of the US NFP job data and the arising geopolitical tension in the Korean Peninsula. Later in the U.S session, the sentiment was further dampened when the weaker than expected Non Farm payroll released mounted on to the series of weak manufacturing and employment data release earlier last week. The retreat on Wall Street overnight is likely weigh on sentiments for the coming session. All charts in the report are day charts and end 5th April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 07 April 2013
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STI Technical Report 5th April 2013: STI Likely To Remain In Consolidation Ahead Of US NFP Data
Asian markets ended lower on Thursday, despite the positive lead from Japan, which fails to inspire other bourse as the markets focus remains on the tension arising from the Korea peninsular while the Chinese market was close for holiday. The negative sentiments was further dampened in the European session after the dovish comments made by the President of the European Central Bank. 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 4th April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 04 April 2013
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STI Technical Report 4th April 2013: STI Likely To Remain In Consolidation
Asian Market mostly fell on Wednesday, despite the positive lead from Wall Street overnight as markets remains cautious ahead of the European Central Bank meeting on Thursday and the US NFP unemployment report on Friday. For the coming session, the arising political tension over North Korea coupled with weaker than expected US ADP employment data is likely to weigh on sentiments. All charts in the report are day charts and end 3rd April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 03 April 2013
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STI Technical Report 3rd April 2013: STI Likely To Be Muted Ahead Of BOJ Policy Meeting
Asian Market ended mostly lower on Tuesday with Japan market taking the lead due to a surge in Yen, while other markets are shadowed by the weak US manufacturing data released last session. For the coming session, despite the positive lead from Wall Street overnight, sentiments is likely to remain cautious ahead of several central banks meeting scheduled throughout the week starting with Bank Of Japan two day policy meeting on Wednesday followed by ECB meeting on Thursday. All charts in the report are day charts and end 2nd April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 02 April 2013
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STI Technical Report 2nd April 2013: STI Set To Open Lower Taking Cue From Wall Street
Asian markets ended mostly lower on Monday amid poor economic data from Japan and Korea, while Hong Kong and Europe was close for Easter holiday. The lack of market catalyst resulted in subdued trading volume for the entire session. For the coming session, the negative lead from Wall Street overnight fuelled by poor manufacturing data is likely to weigh on sentiments this morning. All charts in the report are day charts and end 1st April 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 01 April 2013
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STI Technical Report 1st April 2013: STI Likely To Be Muted Ahead Of China PMI Data
Asian Markets remains cautious on Thursday ahead of the reopening of Cyprus banks, the sentiment was improved in the later sessions when the banks are opened orderly with no signs of chaos, offering a temporary relief to the on-going woes as market shifted their focus to the performance on Wall Street. For the coming session, investors focus will be on the Chinese PMI data due later in the morning, if this data is positive, it’s likely to lift sentiment higher. All charts in the report are day charts and end 28th March 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 31 March 2013
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STI Technical Report 28th March 2013: STI Set To Open Lower On Europe Woes
Asian Markets ended higher on Wednesday buoyed by the optimism seen in the U.S economy, which temporary diverted the attention of investors away from Europe. However the political uncertainties arising from Italy added fire to the on-going Cyprus crisis paring gains on Wall Street overnight. For the coming sessions, market sentiments are likely to remain cautious ahead of the reopening of Cypriot banks. All charts in the report are day charts and end 27th March 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 27 March 2013
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STI Technical Report 27th March 2013: STI Likely To Extend Gain Taking Cue From Wall Street Overnight
Asian Market ended mixed on Tuesday after the negative comments from the Euro head, suggesting that the bailout plan in Cyprus could be us as a template for future deals, spooked investors dampening the appetite for risk. However the sentiment was quickly reverted during the US session due to the better than expected economic data showing that the world largest economic is on the track to recovery. All charts in the report are day charts and end 26th March 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 26 March 2013
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STI Technical Report 26th March 2013: STI Likely To Open Lower After Cyprus Euphoria Faded Off
Asian Markets staged a relief rally on Monday after Cyprus secured a last minute bailout deal , which avert the risk of a potential default that spook markets earlier on. However the sentiments were reverted in the later session due to the comments from the Euro group head that the Cyprus bailout plan could be template for bank rescues and hinted that countries may have to restructure their banks, which he clarified later that Cyprus was a special case. Nevertheless the damage was already done. All charts in the report are day charts and end 25th March 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 25 March 2013
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STI Technical Report 25th March 2013: STI Likely To Consolidate Ahead Of Cyprus Deal
Asian markets were mostly lower on Friday, shadowed by the on-going Cyprus woes. The fear of a potential default and an exit from the Euro Zone, weighed on the sentiments. However, the progression seen over the weekend on hopes of a bailout plan could lift sentiments. All charts in the report are day charts and end 22nd March 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 24 March 2013
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STI Technical Report 22nd March 2013: STI Likely To Consolidate Ahead
Asian markets ended mixed on Thursday, the positive tone set by the US session was over shadowed by the ongoing Cyprus woes. In the latest development Cyprus put out a statement to outline a new bailout plan and is seeking out an immediate vote to approve the plan. All charts in the report are day charts and end 21st March 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 21 March 2013
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STI Technical Report 21st March 2013: STI Likely To Open Higher
Asian markets ended mostly lower on Wednesday amid the renew concern over the developments in Cyprus after the bailout plan was rejected. The risk of a default and a possible exit from the Euro Zone spooked the market resulting in a sell off. The negative sentiment was improved later in the US session after the FED reaffirm their accommodative stance on bond purchase and low interest rate to support the fragile economy. All charts in the report are day charts and end 20th March 2013 unless otherwise stated. Reviews and outlook are only valid for the day.
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| Uploaded on 20 March 2013
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