Epic Research Singapore : Forex News Update

Epic Dollar ImageSterling fell 0.1 per cent to $1.5444 against the US currency, while the euro shed 0.5 per cent to $1.3239.

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Epic Research : Asian Stock Market Update

Singapore-1-Dollar-1967Currency effects, particularly the strengthening of the Singapore dollar, led Barclays to lower its FY14-16E estimates by 3-8%. 

We assured though that the telco’s fundamentals remain “solid


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Epic Research : Asian Stock Market Update

Change on day
Market Current Prev Close Pct Move
1) TR SE Asia Index* 424.17 424.69 -0.12
2) Singapore 3232.24 3229.91 +0.07
3) Kuala Lumpur 1784.57 1779.32 +0.30
4) Jakarta 4597.78 4640.78 -0.93
5) Manila 6443.81 6404.23 +0.62
6) Ho Chi Minh 499.46 500.62 -0.23

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Epic Research Singapore : Comex Market Update

GolSpot gold eased 0.2 percent to $1,332.56 an ounce by 0023 GMT, not far from a three-week high of $1,343.06.

Gold rose nearly 2 percent on Monday on strong Chinese gold consumption and an inflow to gold-backed exchange-traded funds. 

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Epic Research Singapore : News Update

Sti indexWith the Nikkei index having a fairly strong start (up 1.6% now), the local bourse could have a positive opening this morning.

However, any gains are likely to be limited as the STI is still clearly locked in its recent sideways consolidation (following a mild 0.1% gain yesterday).

For now, the index is still likely to swing within the boundaries supported by the 3200 psychological base and capped by the 3280 key peak.

Beyond those levels, the subsequent support lies at the 3130 minor troughs, while the next hurdle is pegged at the 3320 support-turned-resistance.
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Epic Research Singapore

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Epic Research Pvt. ltd. is a leading financial services provider with presence in Indian and other global capital markets. With its full fledged research operations, Epic Research has proven itself as Investment Advisory Company that produces and delivers high accuracy tips and recommendations for –
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