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MARKET UPDATE 

                        

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1) Market Daily Report* 6 July 2009 (Mon) - Check out our next FREE Preview

The U.S. Treasury Department may begin its program to spur purchases of mortgage-backed securities from banks with about $20 billion in public and private money, down from as much as $100 billion when it was announced in March.

Europe’s service industry contracted at a faster pace in June when it fell to 44.7 from a seven-month high of 44.8 in May, as rising unemployment damped consumer spending. Unemployment in the euro region increased to 9.5 percent in May from a revised 9.3 percent in April, the European Union statistics office said.

U.K. service industries was little changed when the Chartered Institute Purchasing & Supply reported its index reading at 51.6 in June from prior month 51.7.

Currencies (NY)

Close

EURUSD

1.3980

GBPUSD

1.6333

USDJPY

96.04

USDCHF

1.0866

DJIA

x

S&P 500

x

Nasdaq

x

* This section is updated on daily basis

- Prepared by Market Research Team (MRT), APSRI. Sources: Bloomberg, Reuters, Thomson Financial -

 

2) Weekly Report** on Singapore Stock Market (week ending 6 July 2009)

xxx

** This section is updated weekly

- Prepared by JK Tan (Remisier) / Tel: (65) 65330004 / Email: tanjk@uobkayhian.com -

 

3) Weekly Economic Calendar

You may monitor the weekly economic calendar listed below for your trading information quoted in adjustable EST (NY) time: http://www.forexfactory.com/calendar.php

- EST time +13 hours will read the local time of Beijing, Hong Kong, Malaysia, Singapore and Perth.

- EST time +12 hours will read the local time of Bangkok, Jakarta and Vietnam.

- EST time  +11 hours will read the local time of Dubai, Abu Dhabi.

For beginners, ignore cross pairs and minor currencies. Pay special attention to the major pairs e.g. USD/JPY - U.S. news, EUR/USD - Germany news and finally the GBP/USD - U.K. news.

NOTE: Remember that economic figures move market when the actual result is different to expected (forecast) data, but not measured to the previous data.   

 

Disclaimers: The materials published in this webpage could be worth USD264 annually but was uploaded as free privilege to our loyal customers and associates. We distribute this daily material as general information only but do not make guarantee, representation or warranty as to its accuracy or completeness. No responsibility or liability will be accepted by APSRI or the authors. Users utilize at own risk. Thank you.

Note #1: The Weekly FREE Report on global financial market will be privately emailed to our mail list for privileged purpose. To subscribe at ZERO cost and get a download for FREE ebook, quickly visit our <Contact Us> webpage at the bottom and opt-in for it.

Note #2: We welcome market writers from regional countries to contribute weekly stock market (or Index) report of their home country. Submission must reach us before 1500 hr (Singapore time) or GMT 0700 hr of the Sunday before the new week starts. Contributor's names, company, email and TEL can be included. Article is subjected to approval by management of APSRI. Mailto: apsrico@gmail.com

                    

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