Market Watch

Netherlands based Profundo Economic Research Director Jan Willem van Gelder talks about the long term implications of Felda (Bloomberg ticker: FGVH MK) being listed. The consultancy had issued an AVOID call on the stock in mid-June, which stays despite Felda's strong performance since its debut. Other matters discussed included: - Felda's dependency on political linkages, and impact of upcoming el...

Ben LeBrun, Market Analyst and Commentator at Options Express in Sydney, discusses: --  His expectations for central bank action ahead of the BoE and ECB meetings later today --  He also talks about how he's hoping for a concerted effort from central banks in the US and China, and the chances of QE3 and a Chinese RRR cut --  As all eyes are fixed on the Libor rate-fixing scandal, Be...

Michael A. Yoshikami, CEO, Founder and Chairman of Destination Wealth Management, discusses: - ECB meet on Thursday - market expectations - lower rates; - Bank of England meeting Thursday - British construction activity at slowest pace in 2 1/2 years - BofE QE programme; - Effect of Barclays Libor interest-rate fixing scandal on investor sentiment; - Fed’s next meeting at end of the month -...

With impending general elections and external volatility to deal with, Managing Director and Head of Research Institute, RHB Investment Lim Chee Sing talks about what investors should do in 2H2012. Matters addressed include:  - what range he expects the KLCI to be trading in (RHB year end target at 1,650) - when he expects General Elections to be - this year - downgraded plantations and oil &...

Dodge O. Dorland, Chairman and Chief Investment Officer of Landor & Fuest Capital Managers, DISCUSSES:  - US markets rally - Eurozone bailout of troubled banks - issues; - Friday's jobs report - trigger for further Fed easing - expectations; - Data - ISM manufacturing - auto and chain store sales - current state of the consumer - expectations; - China - manufacturing sector - expande...

Tim Mulholland China-America Capital, Chicago Sweet Futures Tim Mulholland, Managing Partner of China-America Capital and Associate of Sweet Futures in Chicago, discusses: - Two-day summit - European leaders - expectations - Italian and Spanish prime ministers - rising borrowing costs unsustainable - German response; - Britain's economy - second recession in four years - whether front-end of a glo...

Gloomy key surveys of business activity from US, Eurozone and China set alarm bells ringing.  What should investors with forex exposure do? Thomas Harr, Head of Asia Local Markets Strategy at Standard Chartered Bank, Singapore talked about... - managing euro exposure  - implications of eurozone developments for Asia ex-Japan - recommendations for those with costs in USD - forecasts for t...

Mikio Kumada, Global Strategist at LGT Capital Management in Singapore, discusses: -- The latest PMI business surveys show that the eurozone private sector has taken another turn for the worse. Will this reinforce pressure on the ECB to cut interest rates -- Will the audits on Spanish banks, which revealed that recapitalization needs could reach up to 62 billion euros, rekindle sovereign risk jitt...

Shares of IHH Healthcare Berhad, Asia’s biggest hospital operator are incredibly elusive for retail investors at this stage in the game. Should you try to get your hands on some, post IPO?  We ask Kemp Dolliver Head of Healthcare Research - Asia at Religare Capital Markets (Singapore): - whether IHH Healthcare Bhd looks overpriced at this stage, though final price of the IPO will only b...

Ben LeBrun, Market Analyst and Commentator at Options Express in Sydney: (1) the US Federal Reserve announced it has opted to extend Operation Twist, where it will continue to sell shorter-term Treasuries and buy longer-dated bonds to the end of 2012, with a purchase total of 267 billion dollarsBen discusses how the Fed is keeping some firepower in reserve, as well as the likely impact of the US F...

Malaysia is going great guns in the IPO arena in stark contrast to the current lull in global IPOs. Rita Benoy Bushon, CEO of Minority Shareholder Watchdog Group talks about  - how this helps Malaysia in becoming a well-developed capital market  - whether the standard and quality of disclosure would rise  - whether integrity of management and accessibility to minority shareholders w...

Dr. Michael A. Yoshikami, Founder & CEO at Destination Wealth Management in San Francisco, discusses: -- How markets are expecting the Fed to extend Operation Twist at the end of the two-day FOMC meeting. But Michael discusses how the size of the program is important for it to have the desired impact -- If we're likely to see concerted efforts to revive the global economy to materialise from t...

Benny Lee, Chief Market Strategist is fairly bullish on KLCI this week, post-Greece elections. Tells us expected levels. Also talked about oil and gas stocks in the news ie Wah Seong Corp (positive on FY2012) and Petronas Dagangan which plans to expand in Indonesia and Myanmar. Mentioned five break-outs he was watching last week, which could be worth trading this week. See omnystudio.com/listener...

Dodge O. Dorland, Chairman and Chief Investment Officer of Landor & Fuest Capital Managers, discusses: - Greek elections - securing the political anchor - forming a government - implementing austerity measures; - Securing financing - “Troika”: European Central Bank, European Union and International Monetary Fund; - G20 = Mexico - Greece - Eurozone - in focus - the $430-billion - fi...

Top Glove's 3Q12 net profit came in above consensus expectations at RM53.8m. Ian Wan, Analyst at Alliance Research talked about ... - sustainability of Top Glove's stellar Q3 results, how much further to hit FY12 targets - USD strengthening - impact of China's slowdown and Eurozone troubles on demand - Top Glove's prep for minimum wage policy versus its competitors  - upgrading Top...

Tim Mulholland, Managing Partner of China-America Capital and Associate of Sweet Futures in Chicago discusses: (1) The rising prospect of a full-scale bailout for Spain, following Moody's cut the country's credit rating to one notch above "junk" & euro-era high Spanish bond yields (2) If the 100 billion euro bailout for Spain will be enough, after data from Bank of Spain yesterday showed that...

Ahmad Maghfur Usman, analyst at OSK Research talks about - expected turnaround in sentiment for MAS in reaction to RM2.5b sukuk announcement.  - risks attached to Islamic perpetual bond. Thai SEC and MAS have both expressed concern over this type of instrument. MAS is the world’s first corporation to issue an Islamic perpetual bond. - KWAP taking up RM1b of the sukuk prog...

Ben LeBrun, Market Analyst and Commentator at Options Express, discusses: - Spanish bond downgrades - Egan-Jones - near junk - views; - Italy - borrowing costs - six-month highs - contagion; - Greek deposit outflows - elections - forecasts - outlook; - China - economic growth - forecast below 7 percent - Q2 - implications. See omnystudio.com/listener for privacy information.

Alex Lu, Next Trade Blogger tells us why he's bearish on Gas Malaysia, despite its price surging as much as 15% on its debut. Also discussed:  - which issue's the most pressing for Gas Malaysia - reaction to new agreement with Petronas to up the supply of natural gas for the next ten years by 29%  - preference between Gas Malaysia vs Petronas Gas (the latter is one of the main shareholde...

Dr. Michael A. Yoshikami, Founder & CEO  at Destination Wealth Management - Whether Spain's 100 billion euros - prevent contagion; - Italian concerns - two-fold - grow its way out of a recession - shouldering portion - bailout bill; - 'Dash for cash' - Investors cutting exposure to Eurozone - whether longer-term decline euro - strong inflows - emerging markets; - Implications - Asian cent...

CIMB Head of Regional Rates and FX Strategy, Suresh Ramanthan discussed  - the euro, which retreated from a near 3-week high against the dollar yesterday - Spanish bank bailout, - events to keep an eye out for: Greece elections on June 17, EU Summit and FOMC meeeting on June 19-20, G20 meeting in the final week of June - outlook for USD with likelihood of QE3 getting dimmer - worst seems...

Joe Quinlan, MD and Chief Market Strategist at US Trust-Bank of America Private Wealth Management in New York. He discusses: (1) The Spanish bailout: a good step forward or a short-term fix? (2) If 100 billion euros for Spain is going to be enough (3) If the bailout has reduced contagion risk in peripheral countries (4) If Cyprus will be next to seek a bailout (5) If the lack of terms on Spain's b...

Benny Lee, Chief Market Strategist at Jupite Securities talks about  - FBM KLCI this week, expected trading range  - trading volumes for this week. Total turnover for last week amounted to RM5.6b worth of shares, compared with the week prior to that at RM7.03b.  - charts for SP Setia and Sime Darby - both are making waves with the Battersea project  - ECM Libra and K&N Kena...

Dodge O. Dorland, Chairman and Chief Investment Officer of Landor & Fuest Capital Managers, discusses: - The agreement by Euro zone governments to lend Spain up to 100 billion euros - financial union; - Plans for a “genuine fiscal union” - EU - implications; - Greek elections - uncertainty; - QE3 - China stimulus - issues - Markets - response. See omnystudio.com/listener for privac...

Lynette Tan, Investment Analyst at Phillip Futures, Singapore talked about : - her view on gold as a hedge against inflation - still in favour?  - impact of June 17 Greek elections  - outlook for silver, as it outperformed gold and finished up 3% on Wednesday - whether gold has lost its golden status as safe haven of choice See omnystudio.com/listener for privacy information.