Posted by admin on April 11, 2010 under Articles | 
Asia’s growth is impacting global financial relations, but the debate about the Chinese currency may be oversimplified.
Photo Credit: Flickr
As China’s overall trade surplus has continued to exceed market expectations, the United States is campaigning to persuade China to increase the value of its currency. Photo Credit: Flickr
The battle over revaluing the Yuan has big implications for the US economy, US-China relations, and the US’s global leadership role. As China’s overall trade surplus continued to exceed market expectations and reach record highs through 2006, US Treasury Secretary Henry Paulson, picking up where his predecessor John Snow left off, began a campaign of trying to persuade China to increase the value of its currency. The argument is that China is keeping the value of its currency low so that it can boost its exports. China allowed its currency to strengthen by 2.1 percent in 2005 as a response to these calls.
Not only does this debate mirror US concerns during the 1980s about the Japanese yen, but it is also riddled with the same oversimplifications. US pressure on Japan during the 1980s caused resentment in Japan toward the US but did little to improve the US trade deficit. Some even blamed the US for the subsequent real estate bubble that occurred in Japan.
Read more at : http://www.rmao.net/forum/viewtopic.php?f=2&t=1642
Posted by admin on under Articles |
TOKYO - GREECE’S debt problems may currently be in the spotlight but Japan is walking its own financial tightrope, analysts say, with a public debt mountain bigger than that of any other industrialised nation.
Public debt is expected to hit 200 per cent of GDP in the next year as the government tries to spend its way out of the economic doldrums despite plummeting tax revenues and soaring welfare costs for its ageing population.
Based on fiscal 2010’s nominal GDP of 475 trillion yen (S$7.09 trillion), Japan’s debt is estimated to reach around 950 trillion yen - or roughly 7.5 million yen per person.
Japan ‘can’t finance’ its record trillion-dollar budget passed in March for the coming year as it tries to stimulate its fragile economy, said Hideo Kumano, chief economist at Dai-ichi Life Research Institute. ‘Japan’s revenue is roughly 37 trillion yen and debt is 44 trillion yen in fiscal 2010,’ he said. ‘Its debt to budget ratio is more than 50 per cent.’ Without issuing more government bonds, Japan ‘would go bankrupt by 2011.’
Despite crawling out of a severe year-long recession in 2009, Japan’s recovery remains fragile with deflation, high public debt and weak domestic demand all concerns for policymakers. Japan was stuck in a deflationary spiral for years after its asset price bubble burst in the early 1990s, hitting corporate earnings and prompting consumers to put off purchases in the hope of further price drops. Its huge public debt is a legacy of massive stimulus spending during the economic ‘lost decade’ of the 1990s, as well as a series of pump-priming packages to tackle the recession which began in 2008.
But while Japan’s risk of a Greek-style debt crisis is seen as much less likely, the event of risk becoming reality would be devastating, say analysts who question how long the government can continue its dependence on issuing public debt. — AF
Posted by admin on April 4, 2010 under Articles |
Powerful repair above the Hourly Mid- and Upper Bollinger bands…and even pierce through the topmost horizontal resistance level within a day.
The rinse-and-wash tactic (washing cards) on last Wed was meant to shake out the weak holders and short-term traders.
As long as STI can stay above the 2941 level for more than 2 trading hours, we will be ready to see a new high for STI.
If STI can create a new high, it will encounter a few resistance levels…
Daily Horizontal Resistance Level: 2979
Psychological Level: 3000
Daily Upper Parallel Channel: 3015~3025
More about Cinderella’s Trading Room
Posted by admin on March 18, 2010 under News |
Bulls have won convincingly.
Several support lines for the happy HSI now:-
- Itchy cloud support
- 50d eMA & 200d MA
- Sloping neckline support in green
Resistance is 100d eMA for now….
visit PPG - INDICES CHARTS
Posted by admin on under News |
Jardine C&C Target Raised To S$30.60 From S$28.60 By Goldman
Straits Asia Resources Target Cut To S$1.70 From S$1.85 By GS
Ezra Holdings Target Raised To S$2.88 From S$2.54 By OCBC
visit AMATOR’s News & misc
Posted by admin on under News |
Take a look how this milam count the wave
visit ~~ Milamberz’s Trades To Ponder ~~
Posted by admin on under News |
STI Chart
Powerful hourly bollinger bands breakout for the past 10 trading days…
Next hourly resistance levels are at 2922 and 2941…
Continue to blow the balloon until STI pierces into upper hourly bollinger band…
visit Cinderella’s Trading Room
Posted by admin on February 20, 2010 under Articles |
So there you have it - a shortlist of some stocks which potentially can sustain their dividend payouts, based on data from StarMine. You, of course, have to study them yourself and decide if any of them are good buys. Good luck!
posted by Rabbita/Cind - dividend plays
Posted by admin on under Articles |
Poor HSI charts, on the other hand, looks a bit bearish?
posted by PPG - STI, HSI & DOW Charts
Posted by admin on January 31, 2010 under Articles |
What a good breakout strategy play posted by Cind
Introduction
Most of us are very familiar with candlestick charts which show the day high/low and closing. However, these intra-day highs and lows can create excessive noises and swings that may distort our technical analysis and buy entry level. In order to filter out such noises, a simple way is to change your charts to a linechart format, showing only the closing level of the counter. As the saying goes “the amateur opens the market while the pros closes the market”, the closing price or the line chart is more representative of the real strength and weakness.
How to apply LineChart Breakout
Conventionally, we often use 52-weeks high price level to define the pivot point for a breakout. When a trader chases after the new 52-weeks high price level, he/she will be subjected to higher risk of false breakout, higher penalty of cut-loss and higher mental stress. To have a good head-start in identifying a potential breakout counter, we can plot a linechart to define a much lower pivot point for buy entry.
An example using Kepland:
full article for Cind’s Line Chart Breakout Strategy
Other SGX Stock Market News at our Stock Trading Forum
