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Fri, March 12, 2010, Singapore
KLCI
1,310.18
-11.25
HSI
21,209.74
-18.46
NIKKEI
10,751.26
+86.31
Dow
10,611.84
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2,368.46
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1,150.24
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Thursday Closing
Singapore:
Shares finish slightly higher
US:
S&P 500 hits 17-mth high as banks lift Wall St
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DBS Breakfast Spread
Key discussion centres on:
·
KR: The Bank of Korea (BOK) left rates unchanged on Thursday as expected. DBS maintains its forecast that the BOK will hike rates from Q2.
·
IN: January industrial production is on tap on Friday. Manufacturing growth would not be able to sustain double digit growth rates for long
·
PH: An unwinding of liquidity-enhancing measures from the central bank, and a budget deficit from the government
·
Currencies: Our currency outlook in our latest quarterly - let Eurozone resolve its crisis in Q210 before returning to global imbalances in H210
12/03/10
Click here to view the DBS Daily Breakfast Spread in detail (pdf format)
Click here to get Acrobat Reader
Currencies
Yen edges up against greenback, euro
(LONDON) The yen rose against the US dollar and the euro yesterday as investors pared back risky positions after strong Chinese data fuelled expectations that Beijing will take further steps to tighten monetary policy.
12/03/10
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