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Singapore Q4 GDP 1 % y/y (vs expected 0.8 %) – lowers outlook for GDP ahead

  
Analysis, Economy
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Singapore MTI downgrades 2020 GDP growth forecast to -0.5% to 1.5% (previous forecast 0.5% to 2.5%)

  • Singapore MTI says 2020 GDP expected to come in at around 0.5%, the mid-point of the forecast range
  • Singapore says revising down 2020 growth, exports forecasts due to coronavirus outbreak

More:

  • Q4 manufacturing -5.9% % q/q at annualised, seasonally adjusted rate
  • Q4 services 2.2 % q/q at annualised, seasonally adjusted rate
  • 2019 non-oil domestic exports contract 9.2%
  • Singapore lowers 2020 non-oil domestic exports forecast to -0.5%-1.5% from 0%-2% previously

Brexit – BCC cuts 2019 UK GDP forecast o +1.2% from +1.3%, 2020 lowered also

  
  Analysis
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British Chambers of Commerce cut its forecast for economic growth this year and next

Citing:
  • slower global economy
  • U.S.-China trade tensions
  • persistent drag from Brexit
Growth forecast for this year to 1.2% from its June forecast of 1.3%
  • 2020 to 0.8% from 1.0
  • “Our latest forecast shows a number of warning lights are flashing for the UK economy, even if we are able to avoid a messy and disorderly exit from the EU in just a few weeks’ time,” BCC director general Adam Marshall said.

Power of Charts

  
  Education
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thumbs_upThe critical ingredient is a maverick mind. Focus on trading vehicles, strategies and time horizons that suit your personality. In a nutshell, it all comes down to: Do your own thing (independence); and do the right thing (discipline).

Just 6 Days back written to Buy :Nagarjuna Const ,Hind Construction.

-From 142-155 stock number one had spurted and our Darling stock spurted from 112-130.

Last week Boldly written :Worst is over for Shipping Stocks.

G.E Shipping ,Mercator Lines :Yes both stock were on Fire and still looking hot and fiery.

Always Remember :Repeatedly reevaluate your open positions. Keep asking yourself: would I put my money into this if it were presented to me for the first time today? Is this trade progressing toward the ending position I envisioned?

Updated at 9:38/22nd Sept/Baroda

Just follow Trend and Mint Unexpected Money

  
Analysis, Education
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No one can predict a market trend, you can only react to them! Trend following never anticipates the beginning or end of a trend. It only acts when the trend changes. However, there is no need to figure out ‘why’ a market is trending — just follow it. You don’t need to understand electricity to use it.

Just Think :How many of u Bought or Traded in Reliance with levels ?

-Stock never broke :960 & Nifty Future support was 4898-4882 (Before Budget ,I had written)

Always Remember ,Writing/Saying and doing Bla Bla is very easy.Giving comments on Blogs…..(Those who are not earning or Failures will write comment with using Bad Words)But our AIM is to Mint Money from Market.End result should be your Balance Sheet on Plus side.

Updated at 7:27/22nd March/Baroda

Perfect 10

  
Analysis, Education, LINKS
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PERFECT10-FORECAST
 

On 11th Sept’09 ,I had written about Base Metals ..just click here and see

On 17th Sept’09,Written not to touch GOLD and Don’t hold long in precious Metals….u don’t believe …click here

On 21st Sept ’09 ,written about Natural Gas ..Don’t miss to read …click here

On 21st Sept ’09 written about S&P 500 ,No Magic No Miracle………..yes it had crashed :Click here and see

On 21st Sept ’09,I had written about Shanghai Index and just see in last 4 sessions it had crashed again…look here to BelieveOn 22nd Sept ’09 written boldly that I expect crack in Crude oil….for these type of forecast u dont have to pay money to Jokers ,I will write free…click here
money-106
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