DISCLAIMER

This research report is prepared by PT MINNA PADI INVESTAMA Tbk for information purposes only and are not to be used or considered as an offer or the solicitation of an offer to sell or to buy or subscribe for securities or other financial instruments. The report has been prepared without regard to individual financial circumstance, need or objective of person to receive it. The securities discussed in this report may not be suitable for all investors. The appropriateness of any particular investment or strategy whether opined on or referred to in this report or otherwise will depend on an investor’s individual circumstance and objective and should be independently evaluated and confirmed by such investor, and, if appropriate, with his professional advisers independently before adoption or implementation (either as is or varied).

Selasa, 02 Juli 2013

Morning Dew - 3 July 2013

Key Points
  • JCI resumed its fall this Tuesday as it reached 4724, just above the support at 4714. The dip is still considered as a decent pullback and the index is expected to hold above its subsequent support at 4648. The overall fluctuation seems to be ranging from 4500 to 5000 as the market weighs the course of Federal Reserve's policy.
  • Despite early gains, the Dow ended the day down as investors stay cautious ahead of the key jobs data set for release on Friday. Earlier, factory orders were reportedly better than expected while Fed's William Dudley said that the Fed may extend the period of its bond purchases if required. The market now will be eyeing the ADP employment data which gauges the numbers of jobs added by the private sector, a good cue before the nonfarm payrolls data.
Click here to download the full update (PDF)

Tidak ada komentar:

Posting Komentar