Thursday, July 30, 2015

Learn, explore, grab the opportunities to maximize Investment Returns

Seminar on : Secrets of a Successful Trader; Way to Financial Freedom (Singapore)

trading and investment seminar
It's my honour to invite you all on our free session on trading and Investment at singapore

Date- 17th August, 6:30PM- 8:30PM
Venue- CIMB Singapore 50, Raffles Place, #01-01 Singapore Land Tower, Singapore 048623

Registration Link(Compulsory)-
The Session is about -
Plannings, strategies & approach towards trading Traders often just want to know how they can make money from trading. We help you to understand the market trend and suggest best practices to maximize profits and minimize losses. 
Identify your trading style To be successful in trading one should know which trading style suits him/her; whether its Intraday, Over-night, or positional. A trader should his personality to trade on trading patterns
✔Planning of a day trader/short term trader
✔Risk management and its importance in trading
✔Trading psychology
✔Trading as a business

Tuesday, July 28, 2015

Australian dollar falls below Singapore dollar for the first time since 2009

The once-mighty Aussie dollar has been battered by slowing global demand for the country's commodities exports and a string of disappointing economic data in recent months.

SINGAPORE - The Australian dollar on Monday morning weakened  below parity against the Singapore dollar for the first time since it last closed below that level in March 2009 during the global financial crisis.
One Australian dollar could buy $0.9981 Singapore dollars as at 11.20am on Monday.
Australian bank notes and coins.The falling Australian dolllar could see lower prices for Singapore's imports from Down Under, although other factors like weather conditions affecting supply, labour costs and demand could hold back or limit declines.
Susie Oh, director of Oh Deli, a local importer of Australian food products, told The Straits Times: "The Australian dollar has been overvalued for a long time because of the resources boom, so this should bring us some stability in our prices."
"It's going to bring our costs down potentially, but there's always a chance the Aussies will put their price up," she added.
A slowdown in China has been a major contributor to the Australian dollar's weakness. Australia's mining and agricultural sectors make up a significant share of the country's economy, with the products to be exported mainly to the East Asian market.
The Aussie dollar on Friday slumped to its weakest level in six years against the US dollar as a gauge of Chinese manufacturing unexpectedly fell to the lowest in 15 months the most accurate forecaster of the currency cut its forecasts.
Economists say the outlook for the Australian economy remains cloudy, particularly as the commodities boom that fuelled the country's growth in the decade to 2013 is now over.
Rating agency Standard & Poor's said it may lower Australia's credit rating if the country's budget does not improve.

Hot stock: Golden Agri falls to lowest in six years

SHARES in palm oil giant Golden Agri-Resources fell to their lowest level in six years on Tuesday morning, following lower prices in palm oil futures.
sgx picks todayThe stock was trading at 35.5 Singapore cents at 11am, down 1.4 per cent, or 0.5 cent. It fell to as low as 34 cents in morning trade.
The counter has been on a downward trajectory since the beginning of July, as palm oil futures in Malaysia trended lower. Golden Agri is the second largest palm oil firm in the world by acreage.
The near-term outlook for Golden Agri remains "somewhat muted", as drier conditions are expected in Indonesia in the coming months due to El Nino, OCBC Research said in a June 17 report.
"While some plantation stocks have run up on this news, any impact on production is likely to come later; it usually takes as long as 6-9 months for the tree stress to show up," it said.

Singapore shares close 1% down on Tuesday

THE local market finished 0.98 per cent lower on Tuesday with the Straits Times Index retreating 32.33 points to 3,281.09 as China stocks continued to trade lower.
Penny-stock activity was rampant as about 2.3 billion shares worth S$1.37 billion in total changed hands, which worked out to an average price of S$0.60 per share.
The most actively traded stock was Chinese Global, which fell S$0.006 to S$0.057 with 267.9 million shares changing hands. Other actives included China Essence and China Sports.
Losers outnumbered gainers 303 to 155, or about two down for every one up.