Another
record level for equity indexes overnight.
And
they call it the Tepper rally. See http://www.cnbc.com/id/100736219
Asia
trading higher as the dollar strength continues as hope of a strong US growth continues
Fresh out of Europe, German GDP
growth disappoint, growing at 0.1% vs consensus of 0.3%. As per my short Euro
thesis yesterday I have since closed it.
Thus far, my short GBP and EUR are
doing well whereas AUDSGD was wrong. I guess I underestimated the whole dollar strength.
Locally on the SGX, there seem to be some
unusual price action on Yeo Hiap Seng (YSH) with apparently no news flow.
Potential acquisition target?
In addition, yesterday Golden Agri reported
a better than expected result and share price went up as a result. Swiber also
reported a decent set of result as the share price gap up.
No comments:
Post a Comment