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Swine Flu - Is history repeating itself?
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nickyng
Supreme |
28-Apr-2009 08:59
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South Korea suspects first human swine flu case http://www.channelnewsasia.com/stories/afp_asiapacific/view/425395/1/.html |
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DnApeh
Master |
27-Apr-2009 22:45
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I think don't need to be too worried yet. Asia has been dealing with Avian flu for some time. It's the uncertainty surrounding Swine flu that's causing some panic in certain quarters. Shouldn't be too different from Avian flu. Furthermore, pigs still can't fly. Wait for more news first. |
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lookcc
Master |
27-Apr-2009 21:43
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tis swine flu is nothing compared 2 sars, cud b contained tis wk.....there is medication 2 cure it. | |||||||||||||||||||||||||||||||||||||||||||
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winsontkl
Elite |
27-Apr-2009 20:54
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Just an excuse to take profit after up for straight six week ... moreover, stress test result out soon... |
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hotstock
Veteran |
27-Apr-2009 19:24
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Think it is a reason to take profit. I would see the real threat when flu is knocking at our door or at our neibhours within 7 hrs radius. As long as the threat is contained, it is going to be a big bug jump | |||||||||||||||||||||||||||||||||||||||||||
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lookcc
Master |
27-Apr-2009 19:07
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such is d stk mkts.
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ticklish8
Senior |
27-Apr-2009 18:25
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If u notice, even after the experience with Sars, WHO is behind the curve...dig deeper the swine virus only cause alarm when people start dying. I won't be surprise if the death toil in Mexico surge...... Stocks, Grains, Peso Drop on Swine Flu; Treasuries, Yen Gain By Daniel Hauck April 27 (Bloomberg) -- Stocks declined around the world, while the yen, dollar and Treasuries gained as the swine flu outbreak spread. Mexico’s peso fell and grain prices retreated. The Dow Jones Stoxx 600 Index of European shares dropped 1.5 percent, led by airlines on concern that the disease will reduce travel. Futures on the Standard & Poor’s 500 Index slipped 1.9 percent. The yen climbed more than 1 percent against the euro and the peso slid as much as 3.6 percent against the dollar. Corn fell the most in a week on speculation the outbreak may curb demand for pork and animal-feed grains. The spread of swine flu from Mexico to as far as New Zealand prompted concern of a pandemic, snuffing out a rebound in stocks that had pushed the MSCI World Index up 27 percent since March 9. Shares also fell and Treasuries rose after Lawrence Summers, director of the White House National Economic Council, said the U.S. economy will continue to contract “for some time to come,” in an interview on “Fox News Sunday.” “As if we didn’t have enough to contend with,” Sydney- based Greg Gibbs and London-based Andy Chaytor, strategists at Royal Bank of Scotland Group Plc, wrote in a report today. “It’s just what we need now, a flu pandemic in the midst of the biggest financial crisis since the Great Depression.” Yields on 10-year Treasury notes dropped six basis points to 2.94 percent. The yen strengthened to 127.05 per euro from 128.66 last week. The dollar advanced to $1.3163 per euro, from $1.3242. Australian Dollar The cost of protecting European corporate bonds increased for the first time in four days, with the Markit iTraxx Crossover Index of bonds with ratings below investment grade rising 17 basis points to 852, according to JPMorgan Chase & Co. prices at 9:15 a.m. in London. The Australian dollar fell 1.5 percent to 71.25 U.S. cents, and the New Zealand dollar dropped 1.6 percent to 56.34 cents. The MSCI World Index slipped for the first time in five days, losing 0.7 percent. The gauge of 23 developed countries gained 5.3 percent since U.S. earnings season started as more than 67 percent of S&P 500 companies that reported first-quarter results beat estimates. Analysts predict that U.S. profits will decline through September, dropping 34 percent in the first quarter and 33 percent in the second. Worldwide losses tied to bad loans and mortgages may reach $4.1 trillion by the end of 2010, the Washington-based International Monetary Fund said last week. Airlines Retreat Paris-based Air France KLM-Group fell 8.5 percent to 8.21 euros in Paris trading. Four people in France suspected of suffering from swine flu have tested negative for the virus, an official at the Health Ministry said today. London-based British Airways Plc tumbled 7.3 percent to 151.9 pence. Beijing-based Air China Ltd., the country’s largest international carrier, slumped 13 percent to HK$3.49 in Hong Kong. Singapore Airlines Ltd., the world’s second-biggest carrier by market value, slipped 4.5 percent to S$10.12. Basel, Switzerland-based Roche Holding AG, which said it has an ample supply of the Tamiflu treatment that can reduce swine flu symptoms, added 3.9 percent to 145 Swiss francs. Chugai Pharmaceutical Co., the Tokyo-based unit of Roche, surged 14 percent to 1,845 yen. Six people in Canada contracted swine flu and more cases are likely, government officials said. New Zealand said as many as 13 students who recently visited Mexico may have the disease. Australia, Japan, Singapore and South Korea are screening travelers for fever, while Hong Kong raised its swine-flu response level to “serious” from “alert.” Barack Obama’s administration declared a public health emergency after 20 people contracted the disease. More than 100 people have died of flu-related causes in Mexico. Mexican Peso The Mexican peso dropped as much as 3.6 percent to 13.83 per dollar, the lowest level in almost three weeks, before trading at 13.63. Mexican stocks were downgraded by UBS AG to “underweight” from “top pick” on concern the country’s economic outlook will worsen. Corn for July delivery fell as much as 3.9 percent to $3.7075 a bushel in electronic trading on the Chicago Board of Trade. Soybeans for July dropped as much as 5.7 percent to $9.7525 a bushel. Industrial metals fell on speculation that the outbreak may curb efforts to revive the global economy. Copper for delivery in three months fell as much as 3.7 percent to $4,305 a metric tons on the London Metal Exchange. Aluminum, nickel and zinc also declined. Crude oil for June delivery fell as much as 4.7 percent to $49.11 a barrel, on speculation swine flu will limit airline travel |
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Laulan
Master |
27-Apr-2009 18:15
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Financial Data Data collected at 11:04:01 27-04-09
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Laulan
Master |
27-Apr-2009 14:06
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louis_leecs
Elite |
27-Apr-2009 14:01
Yells: "half cash" |
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swine flu effect spread all the market,,,,,,,,,,europe market jus kick off profit sell down,,,,,,,,,,,,,,ppl take excute off table,,,,,,,,,,,,,,,,,,,,,so | |||||||||||||||||||||||||||||||||||||||||||
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Laulan
Master |
27-Apr-2009 13:52
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This morning I sold quite a lot so must take back in the afternoon session. Thanks. | |||||||||||||||||||||||||||||||||||||||||||
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Laulan
Master |
27-Apr-2009 13:48
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Oh, so I see. If that is the case, then there should be no cause for concerns.
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ticklish8
Senior |
27-Apr-2009 13:01
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If u been reading - The swine flu have the same symptom like other flu... once u get it, possible to get extreme pneumonia, then u died. That is what happen in Mexico. Interesting is that most of the dead is young pple, this is because the body antibodies was aggresive in attacking the virus, but end up hurting the vital organ in the bodies. Those dead wasn't near pig farm nor pig, so probability is that the virus is transmitted from human to human. I read that 2 out the 4 flu vaccine in the market, including Tamiflu is affective to treat the swine flu.... But of course, Government need to contain the flu pandemic first...... |
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nickyng
Supreme |
27-Apr-2009 12:52
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well....they are looking and waiting for a mutated H5N1 with humans but NOW we have a hybrid !! H5N1 + Humans + Pigs = SUPER BUG !! :D gosh....they better contain it man....else it will 10x scale of SARS.....not to talk about stocks mkt !! :) noOne else survive to TRADE ! :(( |
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ticklish8
Senior |
27-Apr-2009 12:51
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Fear is driving the market down..... if u look @ Mexico, the problem has emerged much much earlier (similar to the ones in China with Sars) only now WHO send alarm.... Hope is that the swine flu don't cause death in US... that will be the trigger.... GLOBAL MARKETS-Asia stocks, Aussie fall on swine flu jitters* Stocks hit by airlines and transport; drugmakers jump * Aussie down, yen and dollar climb as risky FX plays trimmed * Commodities mostly lower, oil down nearly $1 By Eric Burroughs HONG KONG, April 27 (Reuters) - Asian stocks slipped on Monday as the outbreak of swine flu in North America hurt shares of airlines and transport companies while prompting some market players to trim risky positions, hitting currencies like the Australian dollar. Japan's Nikkei average .N225 bucked the trend and rose 0.8 percent as drugmakers such as Chugai Pharmaceutical on an expected pick-up in flu drug sales, while banks jumped on news that Shinsei Bank (8303.T: Quote, Profile, Research) was in merger talks with Aozora Bank (8304.T: Quote, Profile, Research). Analysts said the initial market reaction was limited but were wary about the potential economic fallout from the flu outbreak, especially at a time when the global economy is starting to show signs of recovering from a deep recession. Mexico's health minister said the swine flu death toll in the country reached 103 as fears of a global pandemic grew with new infections in the United States and Canada. [nFLU] Investors in Asia are all the more aware of the potential damage after the outbreak of SARS in Hong Kong six years ago hobbled the city and regional economy "This will deepen the global recession and will probably have a contagion effect on export-led economies in Asia," said Daniel Chan, senior investment strategist at DBS Bank in Hong Kong. The MSCI index of Asia-Pacific stocks outside Japan .MIAPJ0000PUS dropped 0.9 percent and was off a six-month peak struck earlier this month. Hong Kong's Hang Seng .HSI shed 2.2 percent, with Cathay Pacific Airways (0293.HK: Quote, Profile, Research) the biggest percentage loser on the index with a slide of 7 percent. The Australian dollar -- the highest yielding of big currencies whose fortunes are tied closely to swings in stocks -- shed 1.2 percent to $0.7140 <AUD=D4>. The dollar index, a gauge of its performance against six major currencies, climbed 0.4 percent to 85.099 .DXY. But the dollar fell to a one-month low versus the yen at 96.62 yen <JPY=> as the Japanese currency gained broadly. Commodities succumbed to the worries about demand due to the spreading flu virus. U.S. crude oil futures were down 96 cents to $50.59 a barrel CLc1, while U.S. soy SK9 and corn CK9 futures both tumbled nearly 4 percent. (Additional reporting by Jun Ebias; Editing by Jan Dahinten) |
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Andrew
Master |
27-Apr-2009 12:39
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Should be.....yesterday news report show video clip of mexico city.....many are already wearing mask on the street. Did the virus infection started a few week back, but no one notice about it ??
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dcang84
Veteran |
27-Apr-2009 11:29
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The common influenza has killed millions before so swine or not it makes good for headlines only.The down side is any potential pandemic can only cause consumer spending to fall in the US causing further contraction and misery to the already battered economy. 'Good' thing is the flu originated from the otherside of the world (ariba Mexico). If it were in Asia and in particular China, critics will be familiar with the drill-slam Asia,China and wat have you.  |
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Laulan
Master |
27-Apr-2009 11:17
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Death toll are normally delayed in an epidemic situation. The true figure should be at least 20 percent higher before news come to us. | |||||||||||||||||||||||||||||||||||||||||||
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AK_Francis
Supreme |
27-Apr-2009 11:11
Yells: "Happy go lucky, cheers." |
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Ha ha, more kiah shi a bit. Dun take Wheel brand abalone, seafoods n meat fr there loh, as pig and cow make friend one.
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louis_leecs
Elite |
27-Apr-2009 11:07
Yells: "half cash" |
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death toll to 103,,,,,,,,,,,,,,let pray hard hope disaster faster missing and disapear |
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