RAJA@ the developer are only building for their pocket growths instead of the name of future......the only future growth that are many 10 years sustainable growth are in IoT,AI,renewable energy n tech on medicine,green,robot ,digitaletc....beside surging O&G,,add on buying UWC is not speculating
yeah @7300 even we speed up the urbanization in next 10yrs... we wont be able to fill those beehive... we need 'imported' population!... but given the current govt... no going to happen...even by miracle it happened... it can hardly make any different... those houses are already there...waiting to be filled...
totally agree... for long term... I myself putting my money mostly on the healthcare and insurance sector ...
O&G may very well play next few years... but too bad.. it raised too fast early of the year... now... it go back to correct trend...slowly and surely...
to be honest... with the globe started moving into low interest or zero interest.... even worst -ve interest era... i am not recommending people to sell house sell blood to show hand all money into banking...we may heard a lot of tale in 1997 crisis...and indeed banking has their glory day... but for how long?
@Yeo. Leong isis Salcon boss n EcoW director. On 08/07, there was 8100 lots being disposed n acquired on the same day. But the trading volume was 805.9 lot. This means the shares were lended n returned by certain parties for some purpose.
LONDON (July 12): The US dollar edged lower for a third consecutive day on Friday as stronger-than-expected US inflation data failed to shake convictions that the Federal Reserve will start cutting interest rates at a policy meeting later this month.
Against a basket of other currencies, the US dollar fell 0.1% to 96.94 and was on track for its biggest weekly drop in three weeks.
The core US consumer price index, excluding food and energy, rose 0.3% in June, the largest increase since January 2018, data on Thursday showed.
The reading pushed US Treasury yields higher, but money markets still indicated one rate cut at the end of July and a cumulative 64 basis points in cuts by the end of 2019.
“Cutting interest rates when inflation data is weakening makes sense, but signaling a dovish stance when inflation is rising is a bit weird and suggests there are political pressures weighing on the Fed,” said Ulrich Leuchtmann, the head of currency research at Commerzbank.
The US dollar’s weakness revived carry trades, where hedge funds borrow in low-yielding currencies such as the Swiss franc and the euro to purchase higher-yielding ones such as the Australian dollar or the kiwi dollar.
On Friday, the Australian dollar/Swiss franc cross was up a quarter of a percent. The Kiwi dollar gained 0.3% to US$0.6665.
The euro got a boost from a selloff in the German bond market, rising 0.1% to US$1.1270.
Comments by Chicago Fed President Charles Evans scheduled later on Friday and New York Fed President John Williams on Monday will provide a chance to gauge how dovish the central bank is, said Masafumi Yamamoto, chief forex strategist at Mizuho Securities.
“If these Fed officials are not as dovish as Powell, and if the New York Fed’s manufacturing survey on Monday proves stronger than forecast, they could show that the [US] dollar weakening in response to Powell’s congressional testimony was overdone.”
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
yeochingu
1,907 posts
Posted by yeochingu > 2019-07-11 17:39 | Report Abuse
sell la..lose alot...useless stock