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S&P 500's Worst Ever First Week of the Year Follows Crashes in Chinese Markets and Fears of 2008 Global Financial Crisis Repeat

Fri Jan 8, 2016

The S&P 500 sold off an additional 1.08% on Friday, shrugging off the headline news from the U.S. Department ...

Thailand SET Gets Off to a Shaky Start as China Botches the Market

Fri Jan 8, 2016

The SET bounced off the 52-week low of 1,228.18 on Friday, after China’s securities regulator scrapped its automatic stock-trading halt policy and the People’s Bank of China ...

Siam Cement Long-Term Share Price Uptrend May be at Risk

Thu Jan 7, 2016

Siam Cement Pcl [SET:SCC], 31.94% owned by the investment arm of the Thai royal family's Crown Property Bureau, is Thailand's largest industrial conglomerate with ...

Thailand SET Closes Up as the Telecommunication Services Sector Bounces

Wed Jan 6, 2016

The SET shrugged off the headline news that North Korea said they conducted a hydrogen bomb test and closed up 0.53%, to 1,260.04 on Wednesday, as the Telecommunication ...

Dollar Gaining Strength Despite Weak U.S. Economic Outlook

Tue Jan 5, 2016

The U.S. dollar index (DXY), a weighted index of the value of the U.S. dollar relative to a basket of six major currencies, continued to inch up, 0.54% on Tuesday to close at 99.45 ...

Japanese Yen Surges after PBoC’s Stealth Devaluation

Mon Jan 4, 2016

The USD/JPY exchange rate tumbled 1.31% on Monday, to an intraday low of 118.71 yen per dollar, after the People’s Bank of China (PBoC) set the daily reference at 6.5032 ...

Iran's Tough Talk Sends U.S. Stock Markets Tumbling, S&P 500 Closes Negative for the Year

Thu Dec 31, 2015

The S&P 500 slid 0.94% on Thursday, following the WTI crude oil price, which came off an intraday high of $37.79 a barrel to close at $37.07 a barrel, after the news broke that Iranian ...

WTI Crude Oil Prices Most Likely Will Head South After Obama Administration’s Second Thoughts on Iran Sanctions

Thu Dec 31, 2015

The spot WTI crude oil price was on a roller coaster ride on Thursday, as it surged 2.61% to an intraday high of $37.79 ...

Thailand SET Ends Year with Bearish Shooting Star, BOT Warns of Difficult Transition Ahead

Wed Dec 30, 2015

The SET closed up 0.33% on Wednesday, the last trading day of the year, at 1,288.02, down 14% for the full-year 2015. According to our technical analysis, the overall markets ...

Advanced Info Service Shares Tumble as Price War in Thai Telecom Sector is About to Erupt

Wed Dec 30, 2015

Advanced Info Service PCL [SET:ADVANC], 23% owned by Singapore Telecommunications Ltd, is the leading mobile operator in Thailand with about 41 million subscribers and ...

PTT Shares Remain Bearish as Crude Oil Needs to Find Bottom

Wed Dec 30, 2015

PTT Pcl [SET:PTT], Thailand's largest state-controlled fully integrated gas and oil company, said on November 12, 2015, that its third-quarter 2015 revenues were 505.07 billion ...

Don’t Go Bottom Fishing Yet For Siam Commercial Bank Shares

Wed Dec 30, 2015

Siam Commercial Bank Pcl [SET:SCB] closed with a negative note on Wednesday at 119.50 baht per share, down 0.52% from the previous close. SCB is Thailand's third-largest ...

Shanghai Composite Climbing Wall of Worry as Index Heads for a Breakout

Tue Dec 29, 2015

The Shanghai Composite Index rebounded 0.85%, to close at 3,563.74 on Tuesday, after tumbling 2.18% the previous trading day over concerns about Chinese industrial profits ...

Thailand SET Treading Water as Telecom Sector Collapses, Downside Risk Elevated

Fri Dec 25, 2015

The SET closed down just 1.99 points for the week, at 1,282.93 on Friday, as turmoil in the Telecommunication services sector continued after the auction of two 4G ...

S&P 500 Bounces Along with Crude Oil While Atlanta Fed Now Sees U.S. Fourth-Quarter GDP Tumbling to 1.3%

Thu Dec 24, 2015

On Monday, the S&P 500 bounced 0.78% off Friday's low, along with a surge in crude oil futures, as the crude oil ...

USD/CAD Breaks Out in Crowded Trade, Uptrend May Continue After Pullback

Thu Dec 24, 2015

The Canadian dollar has taken a beating since July 2014, when crude oil prices broke down below the $92.50 a barrel level, as the commodity-based currency is heavily ...

WTI Crude Oil Prices Could Stay Below the 40s Throughout 2016, as Price War Ramps Up

Thu Dec 24, 2015

The spot WTI crude oil price continued to inch up, 0.61% higher on Thursday, despite the annual World Oil Outlook published by the Organization of Petroleum Exporting ...

S&P 500 Tumbles as Quadruple Witching and Forced Liquidations Kick In

Fri Dec 18, 2015

The S&P 500 tumbled 1.78% on a heavy volume on Friday, as it was quadruple witching, when stock index futures, stock index options, stock options and single stock futures all ...

Thailand SET Gets no Traction as Energy and Telecom Sectors Continue to Drag

Fri Dec 18, 2015

The SET tumbled 1.94% on Friday to close at 1,284.92, led by PTT plc and Advanced Info Service plc, top constituents of SET50, which took nosedives of 7.02% and 3.02% ...

USD/JPY Turns Bearish After New BoJ Stimulus Falls Short of Market Expectations

Fri Dec 18, 2015

The USD/JPY exchange rate tumbled 1.20% to an intraday low of 121.06 yen per dollar on Friday, after the Bank of Japan (BoJ) made a surprise announcement that the bank will ...

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