Market Review and Trends
Market Outlook (19/03/11): Market Filled With Uncertainty Ahead!
By Dou  •  March 19, 2011

In last week, STI decline a solid 107 points from the opening of 3043 and close lower at 2936 due to Japan crisis. A long black candle stick with little upper/lower shadow affirms that traders sell on fear on numerous uncertainties ahead. Key Economics Data report: Investors will remain vigilant in the coming week as uncertainties of Japan’s nuclear crisis and the risk of military action in Libya could drive the market sentiment lower. Although there is positive news that Libya has cease fire but could the riots just end here? Moreover majority of us in the world are unclear whether Japan nuclear issue can be kept under control. All these news will be driving investors off from vesting into the stock market. In addition, investors will be watching Bernanke for any hints of Fed’s quantitative easing program since there are speculations that Japan crisis hurt the global economy and ......
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By Dou
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