Market Watch

Tim Mulholland, MD at China-America Capital Company in Chicago talked about - the growing danger of a double-dip scenario Morgan Stanley cut its forecasts for global growth, citing 'recent policy errors' in the US and Europe, while Deutsche Bank cut its Chinese GDP growth forecast for 2011 to 8.9% from 9.1% - his read on a stack of data overnight from the States - CPI, jobless claims, existing hom...

Brandon Tay, CEO of Guan Chong Bhd gives us his view on cocoa prices and USD for the next 12 months. See omnystudio.com/listener for privacy information.

Rahul Bajoria, Economist at Barclays Capital in Singapore discussed Msia 2011 Q2 GDP, which expanded 4% yoy while July CPI was up 3.4% yoy. - Relative to expectations, not surprised - Growth for full year at lower end of 5% to 6% forecast, as per Bank Negara's forecast - Rates to remain steady in September, but if growth momentum picks up especially in US and Europe, rates could go up in Q4 of thi...

Ben LeBrun, Market Analyst and Commentator at CMC Markets in Sydney discussed: - whether the return to normal market trading across the globe seems short-lived Most U.S. stocks declined, wiping out an earlier advance, as Dell Inc. forecast weaker sales and two Federal Reserve officials expressed concern about the amount of stimulus being applied to the economy - in Australia - which sectors/compan...

Quah He Wei, Analyst at HwangDBS Vickers Research talked about Bumi Armada, which edged up on Tuesday, Aug 16 after the company said the seven-year floating production, storage and offloading (FPSO) contract was worth RM1.85 billion.  He is bullish on this, has yet to revise target price. His last fair value was at RM4.05 in early July. Two houses have recently downgraded Bumi Armada as the s...

Daryl Guppy, CEO/ founder of Guppytraders.com discussed - volatility in the US markets - less to some extent as Fitch reaffirmed US' AAA credit rating with a stable outlook - choppy trade expected for next week or 10 days. support and resistance levels for US stock markets: DOW: 12,100 - 10,600 NASDAQ: 2,600 - 2,300 S&P 500: 1,270 - 1,130 - when he expects bulls to return to the markets - bear...

Gold fell 0.4% yesterday, on course for a third consecutive session of loss, as revived risk appetite drives investors to stocks and away from safe havens - will selling pressure in gold continue? Ong Yi Ling, Investment Analyst at Phillip Futures, Singapore talked about - whether fundamentals of gold rally are intact, though rebound in equities could exert downward pressure on gold. cost of tradi...

Joe Quinlan, Managing Director and Chief Market Strategist at US Trust-Bank of America Private Wealth Management in New York talked about - reaction to Google buying Motorola Mobility Holdings for about $12.5b in cash, where the $40 price Motorola share came from (it's a 63% premium to Motorola Mobility's closing price on the New York Stock Exchange on August 12th) expects to see more M&A, whe...

Benny Lee, Chief Market Strategist at Next View Sdn Bhd talks about how likely the market is to rebound this week, whether to start bottom fishing. Support and resistance levels for FBM KLCI at 1,470 to 1,520. Stocks in focus are Air Asia - oversold, could move to RM4 in 2-3 weeks and MISC - to rebound, hit its lowest in 7 years last week. See omnystudio.com/listener for privacy information.

Dodge O Dorland, Chairman and Chief Investment Officer of Landor & Fuest Capital Managers in New York talks about - Britain's finance minister called for some form of fiscal union to resolve the euro zone's debt crisis on Saturday, Aug 13 while his Italian counterpart renewed a call for the introduction of common euro zone bonds - latter looks like a viable solution - Sharp decline in equities...

Puru Saxena, who oversees $350 million as Chief Executive at Puru Saxena Wealth Management in Hong Kong discussed... - impact of Fed's pledge to keep borrowing costs at an all-time low on China - risk of hard landing in China - says property in china overvalued, bubble to burst - names shares held in China, which benefit from strong domestic consumption: CNOOC, sports apparel, auto and online gami...

Gold futures fell the most in seven weeks in New York as equities rebounded and CME Group boosted margins to trade Comex contracts, prompting investor sales after a rally to a record topping $1,800 an ounce. Suki Cooper, Barclays Capital Precious Metals Analyst in New York discussed whether it's the end of gold's glittering run. She's also Bloomberg's best gold forecaster. Areas covered include: -...

Tim Mulholland, Managing Director at China-America Capital Company in Chicago discussed: - why French banks are getting hammered - whether France is likely to lose its AAA rating. France has a debt to GDP ratio of 82%. - why UK benchmark index seems impervious to London burning, whether that's likely to continue - reaction to US trade deficit, which unexpectedly increased in June to the highest le...

Daryl Guppy, founder and Director of Guppytraders.com talked about US stocks tumbling overnight, technically dead cat bounce happening now - change in pattern of the trends, and some parallels with the Great Depression. He's trading from the short side, using warrants and derivatives, trading short rebound. More effective to trade indexes at the moment rather than individual stocks. Downside for h...

Mohshin Aziz of Maybank IB Research discusses: - AirAsia X IPO plans; - The share swap ratio; - Ramification of the “Comprehensive Collaboration Framework”; - The milestones to a “successful” collaboration; - Potential anti-trust issues - The CEO search; - Choice of independent directors in MAS See omnystudio.com/listener for privacy information.

David Cohen, Head of Asian Forecasting at Action Economics in Singapore talks about China key data that was released - July industrial output, inflation, producer price index, what it means and when calm will return to the markets. See omnystudio.com/listener for privacy information.

Tan Teng Boo, Managing Director of Capital Dynamics Asset Management Sdn Bhd was not surprised by bearish Asian equity markets, has been expecting (and selling) since February. Holds high level of cash. Says markets are on oversold side. Keeping an eye out for companies with strong balance sheet and selling at discount. Likes iCapital. See omnystudio.com/listener for privacy information.

Steve Brice, Chief Investment Strategist at Standard Chartered Bank in Singapore expects QE3 in Q1 of next year, US growth to come in below 3% this year. Markets cautious and volatile in short term, expects equities to outpace gains in other asset classes in next twelve months. He likes North East Asia: Japan, Taiwan and Korea. Gold is overextended in short term, runs risk of technical correction...

Dr Michael A Yoshikami, founder and CEO at YCMNET Advisors in San Francisco says the FOMC meeting was historic as it provided certainty for rates for the next two years. Even so, expects a choppy summer for the stock markets, and US to continue stumbling forward. Go for high cashflow generating corporates and Emerging Asia.   See omnystudio.com/listener for privacy information.

Next View Sdn Bhd Chief Market Strategist Benny Lee considers the FBM KLCI fairly resilient versus the other markets in the region that are hitting year lows such as Japan, South Korea. Sees market as pressured today, market could find support at 1,420 this week. Now not right time, wait until market finds clear support before certain stocks could see a technical rebound. See omnystudio.com/listen...

Chris Eng, Head of Research at OSK Investment Bank, says how the KLCI will do tomorrow depends on how US markets will react on Monday. His forecast is that the KLCI will find support at about 1,474. His top stock picks are healthcare related. He says to avoid plantation and technology stocks. See omnystudio.com/listener for privacy information.

Dodge Dorland of Landor & Fuest Capital Managers says it is likely that Fannie Mae and Freddie Mac and some banks may get downgraded as a result of the US being downgraded but the market is oversold and we could see a technical reversal this week. See omnystudio.com/listener for privacy information.

Tim Mulholland of China America Capital Company is extremely bearish on the US market and expects more blood on Friday. His view is to hold cash and not stocks or bonds, and gold prices could climb further to hit the 1980 high.  See omnystudio.com/listener for privacy information.

Leif Eskesen, HSBC Chief India & Asean Economist in Singapore talked about what's next after the US debt ceiling has been raised. - though first step in the right direction, clearly did not come out as the grand bargain hoped for - likelihood of credit rating downgrade - not clear yet - impact on creditors' confidence, and US treasuries  - not very persistent effects on economic activity...

Dr Michael A Yoshikami, Founder & CEO at YCMNET Advisors in San Francisco talked about - the debt ceiling being raised by at least $2.1 trillion - too much debt in US - just the beginning of the challenges for the US - next phase of the debt battle shaping up - losing credit rating not that big a risk - road map required for US - all is getting well in China: China's manufacturing slowed less...