1. The Federal Reserve is wondering to increase the interest rate in coming Jun'16 currency meeting. USD will maintain weak unless there is a clear direction to increase the interest rate. Thus, exporting will be a barrier. 2. Financial sector is the indicator of the market direction. The unemployment rate is increasing as financial sector is resizing to close down the less profitable sectors, maximizing the revenue under this difficult situation. 3. Japan is delaying to increase the GST, promoting the spending power to improve the currency fluidity in the market. 4. Rubber commodity price is increasing which contribute to lower the earning of the product. Finally, the materials cost will transfer to consumer. http://www.indexmundi.com/commodities/?commodity=rubber&months=12 5. China CPI for May16 is still maintain low.
These negative news promoting the share price to continue slide down until there is a clear supporting point before the share price bounces back. It may expect the share price to fall below historical low in coming days.
Stock: [KAREX]: KAREX BERHAD
2016-06-01 22:30 | Report Abuse
1. The Federal Reserve is wondering to increase the interest rate in coming Jun'16 currency meeting. USD will maintain weak unless there is a clear direction to increase the interest rate. Thus, exporting will be a barrier.
2. Financial sector is the indicator of the market direction. The unemployment rate is increasing as financial sector is resizing to close down the less profitable sectors, maximizing the revenue under this difficult situation.
3. Japan is delaying to increase the GST, promoting the spending power to improve the currency fluidity in the market.
4. Rubber commodity price is increasing which contribute to lower the earning of the product. Finally, the materials cost will transfer to consumer.
http://www.indexmundi.com/commodities/?commodity=rubber&months=12
5. China CPI for May16 is still maintain low.
These negative news promoting the share price to continue slide down until there is a clear supporting point before the share price bounces back. It may expect the share price to fall below historical low in coming days.