Market Watch

Barclays Capital Currency Strategist Nick Verdi in Singapore talked about the impact of tentative progress made on the US debt ceiling and fiscal plan, and effect on currencies that are tied to the dollar (yuan) and those that aren't (Singapore, Canada and Aussie Dollar). Discussed also the impact on USD if US sovereign debt is downgraded. Winners are the most undervalued currencies in Asia, such...

Dodge O Dorland, Chairman and Chief Investment Officer of Landor & Fuest Capital Managers, New York discussed: - debt-ceiling talks resulted in cuts that are "positive in a negative way" - insufficiently cut to levels satisfactory to S&P - just enough to "reduce risk of US being downgraded" - expects market declines by max. 10pct - cushioned by corporate America - strong earnings, lots of...

Tim Mulholland of China Americal Capital Company still reiterates that US is unlikely to default on its obligations, and compromises on budget cuts will be reached likely in the areas of education and incentives for agriculture. It is unlikely that the Fed will need to flood the market with more money as there is ample liquidity to ensure banks can continue to lend as normal should US debt be down...

Foo Chuan Loong, analyst at TA Securities, explains his buy call on EP Manufacturing, a contract manufacturer for Proton and Perodua.  See omnystudio.com/listener for privacy information.

Ben LeBrun, Market Analyst and Commentator at CMC Markets in Sydney, discusses: - Earning season in Australia about to kick off, expected winners & losers; - Australian inflation and Aussie dollar at a record: what’s at stake; - US debt ceiling still at a stale mate: implications; - Market behaviour in light of US debt talk impasse. See omnystudio.com/listener for privacy information.

Rabobank International North East Asian Senior Industry Analyst Jean-Yves Chow in Hong Kong talked about water management in China, which has 6% of the world's water resources. Looked at recent droughts, floods and whether there's any potential threats to food security and how China can correct structural weakness in water supplies. See omnystudio.com/listener for privacy information.

Dr. Michael A. Yoshikami, CEO & Founder of YCMNET Advisors, in San Francisco talks about: - the likelihood of a financial meltdown with Aug 2 deadline looming - Moody's downgrade of Greece's ratings to default-level: what does this spell for its creditor countries such as Germany and France - US data: consumer confidence and new home sales, upcoming data this week including GDP figures on Frid...

Poh Kong Holdings Bhd Head of Franchise Division and International Branding Siow Der Ming comments on gold prices, how they hedge and whether they're able to pass on the rising cost of gold to customers.  See omnystudio.com/listener for privacy information.

Ace-Market bound animal feeds maker PeterLabs Holdings Exec Chairman/MD Lim Tong Seng talked about... - Owners raising more money for themselves than for the company -- send wrong signals? New shares: 15m Offer for sale shares: 35.9m At  RM0.30/share Company only raising RM4.5m for itself - The offer for sale of 35.9m shares to "selected investors" - who are they? Chances of flipping out on o...

Tim Mulholland, MD of China-America Capital Company, Chicago discusses... - Eurozone leaders summit on the debt crisis - Mixed data from the States: jobless claims in US rose 10,000 last week while the Philly Fed Manufacturing Index showed a solid rebound - News Corp: Murdoch's successor and whether the fallout at News Corp would c ast doubt on other media companies - Results out this week - Morga...

Phillip Futures Commodity Analyst Ong Yi Ling in Singapore discussed - whether gold prices are sustainable at current levels; is $1,600 the new reality - any pullbacks in gold price and when - forecast for gold this year end and 2012 See omnystudio.com/listener for privacy information.

Ben LeBrun, Market Analyst and Commentator at CMC Markets in Sydney discussed: - US debt ceiling talks - doesn't support Obama nor Republicans, as long as they agree - whether gold prices are due for a correction as technicals show that price could drop to $1,565 - $1,575 - yes, as he feels gold rose too far too quickly - Down Under, Santos secured full control of Eastern Star; how Australia is mo...

Inari Bhd Managing Director Dr Tan Seng Chuan was happy with the company's debut on ACE-market, which exceeded RHB Research and TA Research's fair value of 41 sen. He talked about plans to hedge against forex risks, as Inari's revenue is mainly denominated in USD, option to sell more types of products to Avago, and pursuing other customers. Inari rose to 44.5 sen, 6.5 sen higher than its issue pri...

Credit Suisse Economics Research, Head of India and South East Asia Economics Robert Prior Wandesforde in Singapore tells us why he is expecting June CPI to come in at 3.7%; a small upside above consensus estimates of 3.6%. He also talked about whether Bank Negara is likely to up rates in September and when he expects general elections. Malaysia's June CPI numbers will be released tomorrow. See om...

Malcolm E Polley, President and CIO of Stewart Capital Advisors in Indiana, Pennyslvania talked about - US battling the same issues for the last year and a bit - the News Corp debacle, and what it means for media stocks - Haliburton's quarterly profit jumping 54% on strong US demand - equities in Japan rising more than any other developed country on speculation earnings will improve as the country...

Next View Sdn Bhd Chief Market Strategist Benny Lee tells us what's ahead for the market this week post-eurozone stress test results and pre-June CPI announcement for Malaysia, and where support and resistance levels are for FBM KLCI. He also discusses the property sector from a technical perspective as CLSA has downgraded the property sector rating to neutral from overweight, as well as MAHB. Sto...

Dodge O Dorland, Chairman and Chief Investment Officer of Landor & Fuest Capital Managers in New York discussed - outcome of eurozone stress tests - whether default paranoia on both sides of the Atlantic is affecting his decision making process - US economic data for this week - earnings' results thus far, and expectations for results out this week: Goldman Sachs, Apple, Yahoo, Baidu and eBay...

Barclays Capital Director and Senior Regional Economist Leong Wai Ho tells us why he's not too concerned about Singapore's Q2 GDP surprising on the downside. Singapore's economy shrank more than expected in Q2, hurt by a sharp drop in manufacturing output and raising doubts as to whether MAS will continue to let the Sing dollar appreciate at the current pace. GDP declined 7.8% in Q2 on an annualis...

Tim Mulholland, MD at China-America Capital Company in Chicago discussed... - overall feel from US data released yesterday ie producer price index, retail sales, jobless claims - outlook for the rest of the year based on results and assessments announced this week - JPMorgan Chase & Co posted higher-than-expected quarterly profit - Euro stress test results out later today, likelihood of a trig...

HwangsDBS Vickers Research Analyst Kok Chiew Sia discusses Old Town Bhd, which made its Main Market debut yesterday. It was actively traded with 51.7m shares, which closed at RM1.34, 7 sen above its offer price. Hwang gave the stock a target price of RM1.50.   See omnystudio.com/listener for privacy information.

Ben LeBrun, Market Analyst and Commentator at CMC Markets in Sydney discusses - Moody's placed US under review for a credit rating downgrade as debt ceiling talks stalled - Likelihood of mild stagflation in China - economy grew at 9.5% in Q2 - China in a good situation as IP and Retail Sales figures were strong - Potential suitors for MacArthur Coal, besides Peabody Energy and ArcelorMittal - Auss...

Ker Chung Yang, Commodities Analyst at Phillip Futures in Singapore talks about - the likelihood of inventory falling back promptly due to supply disruptions in the 2H of 2011 - CPO price direction - outlook for soybean oil prices - key takeaway points from from WASDE (World Agricultural Supply and Demand Estimates) See omnystudio.com/listener for privacy information.

Dr Michael A Yoshikami, CEO of YCMNET Advisors in San Francisco talked about - the US earnings season - he tends to agree with bulls who say equities will keep rallying as prices catch up to profits - FOMC minutes showed fed policy makers disagreed on whether more stimulus will be needed even if the outlook for economic growth looks weak - UK June CPI numbers - Italy troubles - expect it to last f...

ECM Libra Research discuss SapuraCrest Petroleum and Kencana Petroleum's proposed merger in an RM11.85 billion deal. This would form the largest integrated oil and gas player in the country by asset value, and the second largest in terms of market cap, after MMHE. Maybank IB and CIMB have suggested the establishment of a merger integration committee to be co-chaired by principal shareholders Shahr...

Benny Lee, Chief Market Strategist of Next View Sdn Bhd talked about the likelihood of FBM KLCI hitting 1,600 this week. Support and resistance levels at 1,585 and 1,605. Top picks for this week are MISC and Muda Holdings. See omnystudio.com/listener for privacy information.