Market Review and Trends
Market Trends (Divergence)
By Something About Finance  •  July 13, 2018
MARKET TRENDS (9th July 18) Important Economic Announcements for the week: Tues: GBP GDP 4.30 pm Wed: BOC Interest Rate Decision 10 pm Thurs: ECB Monetary Policy Meeting Accounts 7.30 pm US CPI 8.30 pm Fri: US Michigan Consumer Sentiment 10 pm Short Thoughts With the Trade War firing their first cannon, the markets have been feeling the heat, especially in the Asian region. US markets, on the whole, have been pretty resilient. We will take a closer look from the charting angle in the trade book section. There has also been divergence seen in the markets whereby oil price is hitting recent highs but oil stocks have not only been languishing and they are even falling. Also, before the Singapore government recent surprise announcement on further tightening measures, the property stocks were also moving against the general property prices which have been creeping up near to ......
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By Something About Finance
Welcome to My Blog. Hoping to share and learn from others on finance related topics. Let's embark on the journey towards financial freedom. Currently, I am an appointed representative (Equities and Futures Broker) with an established brokerage firm in Singapore. I deal mainly with Equities, Futures and Forex.
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