Thursday, 17 September 2015

STRAITS TIMES INDEX - FOMC A RATE HIKE IN SEPTEMBER OR NOT?

Everyone is cautiously waiting for the FED FOMC tonight regarding a SEPTEMBER RATE HIKE. DOW JONES is trading up strongly and looking positive reflecting a NO RATE HIKE TONITE. A rate HIKE sooner or later will impact the current STI index given the Problem face in CHINA own ECONOMY conditions. The decision by JANET YELLEN will be critical to chart the outlook of the market in the coming 3-6months.
 
TRADE IDEAS - LOOK FOR UNDERVALUED BEATEN DOWN COUNTERS
 

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