Good
afternoon from Asia and good morning to Europe.
Asia
markets continue to rally tracking last Friday US equity performance as today
spark a new trading week.
Mid-day
report from the Singapore equities
Gainers:
·
XMH
up 17% as Credence Capital Fund II agrees to buy 36m new shares at S$0.2774
·
WE
Holdings up 8.8% as they announce S$20m investment into Myanmar cement plant
·
Cordlife
up 3.8% as they seek to buy assets in Indonesia, Philippines, HK and India
·
Capitaland
up 0.8% after its Ascott Limited get first serviced residence management contract
in Saudi Arabia
Losers:
·
Ace
Achieve down 23%
·
Mercator
Lines down 0.9% as its reported a full year loss of $77.7m vs profit of $7.8m a
year ago
Data
this week:
Monday:
USD
Chicago Fed National Activity Index
Tuesday:
AUD
Conference Board Leading Index, RBA Meeting Minutes
NZD
RBNZ 2 Year Inflation Expectation, Credit Card Spending
JPY
All Industry Activity Index
GBP
PPI, CPY
Wednesday:
JPY
BoJ Rate Decision
AUD
Westpac Consumer Confidence
GBP
BoE Minutes, Retail Sales, Public Finances
USD
Bernanke Speech on Economic Outlook, Existing Home Sales
Thursday:
AUD
Consumer Inflation Expectation
CNY
HSBC Flash Manufacturing PMI
JPY
BoJ Monthly Eco Report for May
EUR
PMI
GBP
GDP
USD
Jobless Data, Housie Price Index, PMI (Prelim)
Friday;
EUR
GDP, German Consumer Confidence, German IFO
USD
Durable Goods
Interesting
Read of the Day
Why
this week might be a week of sell off, cnbc has the answer here: http://www.cnbc.com/id/100746660
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