Jan[5] - Market Updates

Singapore:  
This week, STI closed at its peak post Lehman Brothers collapse (2008). Upward trend is intact. As old saying, one bird in hand is better than two in the bush, investor shall take opportunity to offload counter with high valuation. Correction phase shall be better entry. Most of the REIT are going to release earning results on coming weeks.

Market Calendar on coming week:  
(SG: Singapore; CH: China; US: USA). 

Chart[75] - Mermaid Maritime

Following Crude Oil hitting its three years peak, the counter has been gathering more buying interest as well. It's price has broken resistance 0.131 on 2017 end. Next stronger resistance shall be 0.165. Shall 0.131 sustains well as support, trader could look up for further gain from the counter.

Jan[4] - Financial Highlights

The following counters released respective latest financial results last week. A summary is provided: Duty Free, SPH.

Jan[3] - Market Updates

S-REIT Index (SGX):  
Interestingly S-REIT index is near to its 5 years peak (upper chart) while overnight interest rate approaching its 10 years peak (lower chart). Higher REIT price could dampen the dividend yield which might narrow yield premium with risk free interest. Thus attractiveness of REIT might be weakening. Investor shall be putting more cautious on selecting REIT into portfolio.

 Market Calendar on coming week:  
(SG: Singapore; CH: China; US: USA). 

Chart[74] - Tianjin ZX

The counter saw significant volume last week. It broke up from resistance 0.95. Strong buying volume was seen on two consecutive days. Shall upward move continue, price would test next resistance 0.98, followed by 1.04. The counter is denominated in USD. Recent downfall on USD might present entry chance for the counter.

Jan[2] - Financial Highlights

The following counters released respective latest financial results last week. A summary is provided. SPH REIT

Jan[1] - Market Updates

USD:  
US Dollar has been weakening since mid Dec last year. Current price is approaching support ~ 92. Looking forward, Federal Reserve tend to hike interest rate three more times this year which shall strengthen the currency. Trading opportunity might be presenting here.

Dollar Index ETF: UUP (US: NYSE)

Market Calendar on coming week:  
(SG: Singapore; CH: China; US: USA).