Markets and Investing
Singapore dollar back above 1.28 mark; range trading expected before Greek polls
IG Markets Singapore says uncertainly will remain over the Eurozone “as the world nervously awaits” for the outcome of the election.
Singapore dollar back above 1.28 mark; range trading expected before Greek polls
IG Markets Singapore says uncertainly will remain over the Eurozone “as the world nervously awaits” for the outcome of the election.
STI set for negative opening following 0.4% lower close
Downside momentum is expected with the index showing difficulties overcoming the 2800 level.
E-Gold futures triples in trading volume
The keen interest in the contract has led to a total of $16 million in traded volume just two weeks after its launch in SMX.
Singapore dollar remains above $1.28 against the greenback
RBS says risk-oriented currencies staged a comeback after the previous sell-off.
STI set for firmer open but negative US index futures could cap gains
The index ended 0.3% higher on Tuesday after rebounding from a lower 0.9% opening.
Singapore dollar trades at $1.2846 as traders move back to safe haven currencies
The local currency had held steady sitting below the $1.28 mark up until Monday night.
STI set for weaker open following 1.8% gain
With the tone likely to turn more downside biased, says OCBC Investment Research, the index could slip back towards its immediate support around 2735.
Bailout for Spanish banks showing little effect on Singapore dollar
The local currency is trading at $1.275 against the US dollar.
STI set for firmer open amidst news of EU bailout
Markets are likely to rebound following news that Chinese inflation eased and Spanish banks were bailed out by the EU, says IG Markets Singapore.
Singapore dollar holds steady at $1.2794 against the greenback
The local currency is forecast to drift to $1.30 by the end of 2012.
STI closes 0.1% lower; commodity markets react badly to Bernanke's comments
The index was unable to sustain itself above 2770 during an ‘uninspired’ session.
SGX Iron Ore Swaps sets new clearing record
Volumes reached 7.67 million tonnes or 15,353 lots cleared in May, up 122% yoy.
Singapore dollar moves to below $1.28 against the US dollar
Upbeat traders reduced their positions in the greenback and yen.
STI sees gains of 1.8% following positive news from Europe
Thursday's tone is expected to remain upbeat, with the index forecast to recover further.
Markets 'lifted' due to G7 conference call; STI set for firmer open
PMI factory output figures showing a rise to 50.4 points in May are also likely to boost trading in Singapore.
Singapore dollar trades at $1.2834
The local currency has gained slightly on the greenback as a G7 conference call took the edge of the eurozone crisis, according to IG Markets Singapore.
SGX reports continued growth in volume of Derivatives business and OTC clearing
Singapore Exchange said Derivatives volume rose almost 40% year-on-year to 6.9 million contracts.
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