my preference for now is everything dive....

good....give me more blood please.....

AMZN up 17% in after hours after a surprising profit.

consumer spending looking good overall in this quarter report. jobs data good. housing numbers good. banks stable. looks like sept rate hike unavoidable. wondering how market will react to it, it's getting close as Oct is coming.

sep, i think.

usd strengthening not over.

which hammers crude even harder.

so, yr oil 44 or 42 may just come.

-marked-

actually i still don't get it, why everyone saying strong usd leads oil lower? please teach me.

becos oil is priced in usd worldwide but is produced in many places.

When usd is strong, people don't want to buy oil because it's more expensive. Therefore oil sales for cheaper price to attract buyers back? Is this the reason why?

this will help:
http://commodities.about.com/od/researchco...dity-Prices.htm

thanks for the link.

hmm......still need time to digest.
i mean, say i'm Malaysian. When USD strong, my ringgit is weak. So, even though oil is cheaper according to USD, but it may not be the case when i (as a consumer) buy oil using ringgit. So the cost is same, then there will be no demand increment in the world except for US. This case, how can dollar affect so much on commodities?

don't forget global economy growth is slowing less demand on commodities too.
weak price in usd cum weak demand = double whammy on commodity exporting countries.
did u notice aud = sgd now?

SGD is stronger that AUD now....

Got news that Clinton is proposing a sharp increase in short-term capital taxes. Will we be affected?

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Hillary Clinton proposes sharp increase in short-term capital gains taxes

Everett Rosenfeld | @Ev_Rosenfeld
6 Mins Ago
Breaking News

Presidential contender Hillary Clinton's plan to overhaul capital gains taxes aims to foster long-term growth by taxing some short-term investments at higher rates.
Clinton's proposal comes as part of her plan to fight what she sees as an excessive focus on quick profits in capital markets.

Clinton's plan specifically seeks to double the period of time for the 39.6 percent top capital gains rate (from up to a year to up to two years), and then institute a sliding scale until assets are held for more than six years.

After that six-year point, those gains would face the current 20 percent tax rate.

Clinton's proposal comes as part of her plan to fight what she sees as an excessive focus on quick profits in capital markets.

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This post has been edited by ILoveLalat.net: Jul 24 2015, 10:39 PM

sgd is the world best currency, better than usd. sgd is the new gold, if anyone worry on usd, buy sgd. so gold can come back to 800 or 600.

This post has been edited by yok70: Jul 24 2015, 10:47 PM

if black gold can go to 40, yellow gold can go to 800, no argument.

crude free fall...

it went below 48 faster than i expected.

44 coming
2050 coming
800 coming


This post has been edited by yok70: Jul 25 2015, 01:57 AM

As I have always predicted,.... however, with Mr Lee Kuan Yew gone now, I hoped things will not change,...

first sgd>nzd
now sgd=aud
soon sgd=cad

sgd=usd? this one won't happen, i think.

keep yr sgd's!