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2241-2260 of 69565
Wat a relief. Just now was 14+ pts only. Bro Octavia do u play US mkt? I dun.
Octavia ( Date: 06-Jul-2013 00:10) Posted:
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Dow +90.
I don't think Ben will taper if so can short dollar against 5 major currencies except Euro
LoveToInvest ( Date: 05-Jul-2013 22:47) Posted:
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I think that's temporary scaling back once share price dive , slowly pump money to the system and there u go again, stock price rise again.. We all immune the same old tactics ...Thats why bond buying back has been delay...
GorgeousOng ( Date: 05-Jul-2013 22:40) Posted:
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U.S. job growth accelerated in June thanks a big jump in hospitality and service workers, according to a report that is likely to trigger more debate about how aggressively the Federal Reserve will begin pulling back on monetary easing.
Unemployment steadied at 7.6 percent for the month, as nonfarm payrolls grew by 195,000, according to a closely watched Labor Department report Friday. Economists expected 165,000 more jobs and a decline in the unemployment rate to 7.5 percent.
Big economic reports such as the nonfarm payrolls data are viewed nowadays primarily through the prism of how they will affect the Fed's zero interest rate policy and its $85 billion a month in bond buying.
The market is expecting the central bank to begin withdrawing some quantitative easing support, but the question is in the timing and degree.
"The taper is on," said Kathy Jones, fixed income strategist at Charles Schwab. "This is the last payroll report the Fed will see before their meeting at the end of July. With the upward revisions to the previous couple of months, it soldifies the idea that they will announce some tapering, probably in September."
Stock market futures initially jumped on the news but then pared back, while Treasury yields jumped to two-year highs and the dollar slid against the euro.
The numbers provided a mixed bag of news: While the actual employment level grew by 160,000, the unemployment ranks increased as well, by 17,000.
Those working part-time for economic reasons also jumped, growing 32,200 for the month.
That pushed a more encompassing count of unemployment that includes discouraged and underemployed from 13.8 percent to 14.3 percent.
Moreover, the quality of jobs was weak.
The bulk of the gains--75,000--came in the hospitality industry of bartending and waiters.
Professional and business services was the second-best growth area, adding 53,000 and retail grew 37,000.
(Get the government's nonfarm payrolls report here.)
"It's so hard. Unless you know somebody you can't get a job," said Sharon MacGregor, 43, of Patterson, N.J.
MacGregor was laid off a year ago from her job at a medical education company and has struggled since to find a job that can help her make ends meet.
"Now that I've been unemployed for more than six months, I don't feel like I'm even being considered," she said. "Pay is so low. I know we're not supposed to be choosy, but you have to live."
The average duration of unemployment actually fell in June but remained elevated at 35.6 weeks.
While the numbers provided confirmation that employment gains continued pretty much apace with the past year or so, the Fed's targeted growth level remains elusive and the routine of zero interest rates and the $85 billion a month of bond purchases likely will continue.
"We can expect the Fed to continue providing hints of tapering, while maintaining status quo with the current QE program," said Todd Schoenberger, managing partner at LandColt Capital. "Overall, this report is remarkably bullish for stocks."
Stock market investors had been eagerly awaiting the number not only for indications of labor market strength but also as a gauge for when the central bank's historically extreme easing policy might start to wane.
With earnings and economic growth modest, the market has relied on the Fed's liquidity injections to continue a rally that has seen the S&P 500 (^GSPC) gain more than 13 percent in 2013.
Fed officials have sent mixed signals over the past several weeks, with Chairman Ben Bernanke saying that quantitative easing could begin to taper later this year and cease altogether in mid-2014.
June also saw a marked increase in wages, with hourly earnings rising 10 cents to $24.01, while the average work week was unchanged at 34.5 hours.
Revisions also pushed previous months' reports considerably higher: April's tally rose 50,000 to 199,000, while the May count grew 20,000 to 195,000.
More From CNBC * Housing Recovery Rides Rate Roller Coaster
* Car Sales on a Roll, but the Economy? Not So Much
* Will the Obamacare Delay Spur a Hiring Boom?
http://finance.yahoo.com/news/job-growth-posts-large-gain-132912665.html?l=1
Unemployment steadied at 7.6 percent for the month, as nonfarm payrolls grew by 195,000, according to a closely watched Labor Department report Friday. Economists expected 165,000 more jobs and a decline in the unemployment rate to 7.5 percent.
Big economic reports such as the nonfarm payrolls data are viewed nowadays primarily through the prism of how they will affect the Fed's zero interest rate policy and its $85 billion a month in bond buying.
The market is expecting the central bank to begin withdrawing some quantitative easing support, but the question is in the timing and degree.
"The taper is on," said Kathy Jones, fixed income strategist at Charles Schwab. "This is the last payroll report the Fed will see before their meeting at the end of July. With the upward revisions to the previous couple of months, it soldifies the idea that they will announce some tapering, probably in September."
Stock market futures initially jumped on the news but then pared back, while Treasury yields jumped to two-year highs and the dollar slid against the euro.
The numbers provided a mixed bag of news: While the actual employment level grew by 160,000, the unemployment ranks increased as well, by 17,000.
Those working part-time for economic reasons also jumped, growing 32,200 for the month.
That pushed a more encompassing count of unemployment that includes discouraged and underemployed from 13.8 percent to 14.3 percent.
Moreover, the quality of jobs was weak.
The bulk of the gains--75,000--came in the hospitality industry of bartending and waiters.
Professional and business services was the second-best growth area, adding 53,000 and retail grew 37,000.
(Get the government's nonfarm payrolls report here.)
"It's so hard. Unless you know somebody you can't get a job," said Sharon MacGregor, 43, of Patterson, N.J.
MacGregor was laid off a year ago from her job at a medical education company and has struggled since to find a job that can help her make ends meet.
"Now that I've been unemployed for more than six months, I don't feel like I'm even being considered," she said. "Pay is so low. I know we're not supposed to be choosy, but you have to live."
The average duration of unemployment actually fell in June but remained elevated at 35.6 weeks.
While the numbers provided confirmation that employment gains continued pretty much apace with the past year or so, the Fed's targeted growth level remains elusive and the routine of zero interest rates and the $85 billion a month of bond purchases likely will continue.
"We can expect the Fed to continue providing hints of tapering, while maintaining status quo with the current QE program," said Todd Schoenberger, managing partner at LandColt Capital. "Overall, this report is remarkably bullish for stocks."
Stock market investors had been eagerly awaiting the number not only for indications of labor market strength but also as a gauge for when the central bank's historically extreme easing policy might start to wane.
With earnings and economic growth modest, the market has relied on the Fed's liquidity injections to continue a rally that has seen the S&P 500 (^GSPC) gain more than 13 percent in 2013.
Fed officials have sent mixed signals over the past several weeks, with Chairman Ben Bernanke saying that quantitative easing could begin to taper later this year and cease altogether in mid-2014.
June also saw a marked increase in wages, with hourly earnings rising 10 cents to $24.01, while the average work week was unchanged at 34.5 hours.
Revisions also pushed previous months' reports considerably higher: April's tally rose 50,000 to 199,000, while the May count grew 20,000 to 195,000.
More From CNBC * Housing Recovery Rides Rate Roller Coaster
* Car Sales on a Roll, but the Economy? Not So Much
* Will the Obamacare Delay Spur a Hiring Boom?
http://finance.yahoo.com/news/job-growth-posts-large-gain-132912665.html?l=1
LoveToInvest ( Date: 05-Jul-2013 22:21) Posted:
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Tapering...scaling back...stimulus ...bla ..bla by then no event ..,investors oredi immune to it sudah tak ada rasa...麻 木 了 ...will continue to whack ...chiong arh!!!
Am I right?
Am I right?
Octavia ( Date: 05-Jul-2013 22:19) Posted:
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Come Monday Huat kueh will be intact
US job growth increased more than expected in June, which could draw the Federal Reserve closer to implementing a plan to start scaling back its massive monetary stimulus later this year.
Employers added 195,000 new jobs to their payrolls last month, the Labour Department said on Friday, while the unemployment rate held steady at 7.6 per cent as more people entered the workforce.
The government revised payrolls for April and May to show 70,000 more jobs created than previously reported.
Economists polled by Reuters had expected employment to increase 165,000 last month and the jobless rate to fall a tenth of a percentage point to 7.5 per cent.
Employers added 195,000 new jobs to their payrolls last month, the Labour Department said on Friday, while the unemployment rate held steady at 7.6 per cent as more people entered the workforce.
The government revised payrolls for April and May to show 70,000 more jobs created than previously reported.
Economists polled by Reuters had expected employment to increase 165,000 last month and the jobless rate to fall a tenth of a percentage point to 7.5 per cent.
NEW YORK (Reuters) - Stocks rose in early trading on Friday as U.S. June payrolls data came in much stronger than expected, though investors questioned what the report meant for the timing of the Federal Reserve's stimulus program.
About 195,000 jobs were added in the month, above expectations for 165,000. There were also positive revisions to previous months, though the unemployment rate ticked up to 7.6 percent from 7.5 percent.
Analysts had been looking to the report for insight into when the Fed might begin to slow its quantitative easing bond-buying stimulus program, which it has said it would do if economic growth and employment data meet its targets.
While stock futures initially jumped more than 1 percent after the report, they subsequently cut about half of those gains. Still, sectors tied to the pace of economic growth advanced. Bank of America Corp (BAC) added 1 percent to $12.96 while Citigroup Inc (C.N) was up 1.4 percent to $48.36.
The number "should by rights send Wall Street's bulls rampaging, but the market's addiction to QE may yet hold them back," said Alister Gaines, director of CDC Wealth Management in Edinburgh.
"The odds of the Fed starting to taper QE in September as planned have just shortened - and the markets know it."
Over the past few weeks, markets have sold off on bullish data on the theory that it would mean a quicker end to stimulus. However, recent comments from Fed officials have assuaged concerns that a slowing in the Fed's $85 billion monthly bond buying was imminent.
The Dow Jones industrial average (^DJI) was up 74.95 points, or 0.50 percent, at 15,063.50. The Standard & Poor's 500 Index (^GSPC) was up 8.27 points, or 0.51 percent, at 1,623.68. The Nasdaq Composite Index (^IXIC) was up 17.31 points, or 0.50 percent, at 3,460.98.
The S&P 500 is down 2.8 percent from its May 21 record closing high of 1,669.16. The benchmark index has been unable to close above its 50-day moving average since June 20, a level which is now at 1,624.68.
Wall Street has been closely tethered to central bank policy, and was also boosted after central banks in Britain and the euro zone signaled that they were holding steady with their stimulus. The comments came on Thursday, when U.S. markets were closed for the Fourth of July holiday.
Trading volume could be light on Friday with many traders still away from the office after the holiday, and the low participation could lead to more volatile markets.
U.S. crude futures rose 0.3 percent, hovering at 14-month highs. While the jobs report could give a clue on demand prospects for oil, investors are also watching unrest in Egypt, which could cause a further price spike on supply concerns.
About 195,000 jobs were added in the month, above expectations for 165,000. There were also positive revisions to previous months, though the unemployment rate ticked up to 7.6 percent from 7.5 percent.
Analysts had been looking to the report for insight into when the Fed might begin to slow its quantitative easing bond-buying stimulus program, which it has said it would do if economic growth and employment data meet its targets.
While stock futures initially jumped more than 1 percent after the report, they subsequently cut about half of those gains. Still, sectors tied to the pace of economic growth advanced. Bank of America Corp (BAC) added 1 percent to $12.96 while Citigroup Inc (C.N) was up 1.4 percent to $48.36.
The number "should by rights send Wall Street's bulls rampaging, but the market's addiction to QE may yet hold them back," said Alister Gaines, director of CDC Wealth Management in Edinburgh.
"The odds of the Fed starting to taper QE in September as planned have just shortened - and the markets know it."
Over the past few weeks, markets have sold off on bullish data on the theory that it would mean a quicker end to stimulus. However, recent comments from Fed officials have assuaged concerns that a slowing in the Fed's $85 billion monthly bond buying was imminent.
The Dow Jones industrial average (^DJI) was up 74.95 points, or 0.50 percent, at 15,063.50. The Standard & Poor's 500 Index (^GSPC) was up 8.27 points, or 0.51 percent, at 1,623.68. The Nasdaq Composite Index (^IXIC) was up 17.31 points, or 0.50 percent, at 3,460.98.
The S&P 500 is down 2.8 percent from its May 21 record closing high of 1,669.16. The benchmark index has been unable to close above its 50-day moving average since June 20, a level which is now at 1,624.68.
Wall Street has been closely tethered to central bank policy, and was also boosted after central banks in Britain and the euro zone signaled that they were holding steady with their stimulus. The comments came on Thursday, when U.S. markets were closed for the Fourth of July holiday.
Trading volume could be light on Friday with many traders still away from the office after the holiday, and the low participation could lead to more volatile markets.
U.S. crude futures rose 0.3 percent, hovering at 14-month highs. While the jobs report could give a clue on demand prospects for oil, investors are also watching unrest in Egypt, which could cause a further price spike on supply concerns.
Dollars strengthen against 6 major currencies,Gd news
LoveToInvest ( Date: 05-Jul-2013 21:53) Posted:
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With these data I believe Dow future is real
LoveToInvest ( Date: 05-Jul-2013 21:49) Posted:
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Market views for the second half
http://www.btinvest.com.sg/system/assets/16182/Global%20Economics%202H13%202013%20Jul%203%20GS.PDF
The dollar strengthened to a five-week high and U.S. stock-index futures advanced before data forecast to show the nation’s jobs market improved. Portuguese bonds gained while silver led metals lower.
The Dollar Index, which tracks the currency against six major peers, rose 0.9 percent to 83.936, the highest level since May 29, at 9:30 a.m. in London. Standard & Poor’s 500 Index (SPX) futures jumped 1 percent after U.S. markets were closed for Independence Day yesterday. The Stoxx Europe 600 Index was little changed. The Portuguese bonds trimmed a seventh weekly drop. Silver slid 1.8 percent and copper fell 1.3 percent.
The Dollar Index, which tracks the currency against six major peers, rose 0.9 percent to 83.936, the highest level since May 29, at 9:30 a.m. in London. Standard & Poor’s 500 Index (SPX) futures jumped 1 percent after U.S. markets were closed for Independence Day yesterday. The Stoxx Europe 600 Index was little changed. The Portuguese bonds trimmed a seventh weekly drop. Silver slid 1.8 percent and copper fell 1.3 percent.
Short sell orders executed on
05 July 2013
Must wait for all the shareholders to approve the increment during the AGM first!!!
GorgeousOng ( Date: 05-Jul-2013 21:15) Posted:
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Boss, This year bonus BIG BIG, next year increment BIG BIG yah!!!!
Cheers!!!
Cheers!!!
Peter_Pan ( Date: 05-Jul-2013 20:55) Posted:
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Hahaha!!! Green Huat Kueh COO GorgeousOng did her job very well ahhh!!! This year bonus BIG BIG ahhh!!!
GorgeousOng ( Date: 05-Jul-2013 20:37) Posted:
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Hahaha!!! Ah Ben n Gang LOVE Our Green Huat Kueh !!!! Dow +168!!!
一 路 发 ！ ！ Cheers!!!!
一 路 发 ！ ！ Cheers!!!!
Just now I also sent Green Huat Kueh(s)to Ben and his kaki ,they accepted it . That why their currency rose against Euro ...They too will maintain that momentum of their currency...U.S stocks will appreciates gradually..Huat to all bros n gals
Peter_Pan ( Date: 05-Jul-2013 18:14) Posted:
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Oh oh you knock at the wrong office.. GorgeousOng is the COO (chief operating officer) of Green Huat Kueh Pte..... Her responsibility is no line down ...continue supplying of Green Huat Kuat.... Especially supply to Ah Ben...
Cheers!!!
🙈 🙉 🙊 🙊 🙉 🙈
Cheers!!!
🙈 🙉 🙊 🙊 🙉 🙈
Peter_Pan ( Date: 05-Jul-2013 18:14) Posted:
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