Even though this is projected as a short war, never on the scale of the iraqi war, but still, Libya is Africa's 3rd largest producer of oil. Anyone has any views on whether the war will affect markets like property and equity? All views are welcomed. Thanks..
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How will the Libyan war affect markets
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Look like the crazy upward trend of oil price has stopped, hopefully it will slide back to pre demo prices.
I do hold oil and gas stocks, am looking at minerals, agriculture and building companies.
Look like the crazy upward trend of oil price has stopped, hopefully it will slide back to pre demo prices.
I do hold oil and gas stocks, am looking at minerals, agriculture and building companies.
Thanks for your views.. have been holding gold since two years ago and now it seems will rise further....
Any views on the local property prices? IMO, in the short term prices in prime district will still hold, while the first to drop will be those suburbs private condos. Rental is facing very heavy pressure imo, now as the market seems flooded with many new projects. Many more apartment for rentals will be available in 2-3 years time. Of course, that's just my 2c.. Would like to hear from more... thanks..
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the japanese crisis barely affected the Dow, I don't think Libya will have much bearing.
possible delays in iPad 2 may affect AAPL and NASDAQ.
what's happening for equities though seems like a broadening top.
the bull momentum has carried for 2 years and needs a good correction, but on the other hand the jobless claims from US are getting more positive.
no matter what the bull will take alot of work to halt its advance. emerging markets have done badly this year. the whole bull market seems to be propped up by AAPL and Google.
prolly the most important fact is QE2 coming to an end around June. how will the economy sustain without further QE3. if QE3 does come, the Forex wars will directly impact equities. A race to the bottom with further devaluations by export economies.
possible delays in iPad 2 may affect AAPL and NASDAQ.
what's happening for equities though seems like a broadening top.
the bull momentum has carried for 2 years and needs a good correction, but on the other hand the jobless claims from US are getting more positive.
no matter what the bull will take alot of work to halt its advance. emerging markets have done badly this year. the whole bull market seems to be propped up by AAPL and Google.
prolly the most important fact is QE2 coming to an end around June. how will the economy sustain without further QE3. if QE3 does come, the Forex wars will directly impact equities. A race to the bottom with further devaluations by export economies.
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Although the number of PRs and expats has stabilized, don't forget that inflation in 2011 could hit double-digits. Right now I think inflation will keep rentals stable, but they can't really go up as expats are spending about a third of pay already. Increase in transport and other costs coming after GE as well.
Agree that private condos in suburbs look weak, Buona Vista/Clementi/Holland V should be the hotspot for next few years due to the hive of activity + Mediapolis + One North etc coming up.
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I have been holding gold,oil and gas stock for a # of years, like wheaten riverbought it at 1 dollar company, sold to gold corp now is close to 50 dollars, still holding it.
Refined sugar icumsa 45 per mt is around 500 +/-.
Libyan War affects crude oil prices reaching the highest level, that is $ 140 per barrel as it was in 2008.
On Monday, March 21, 2011, oil prices exceeded $ 103 per barrel. The price increasing shot after Libyan leader Moammar Gaddafi vowed a “long war” when the allied military attacks on countries that joined in the OPEC.
On Monday, March 21, 2011, oil prices exceeded $ 103 per barrel. The price increasing shot after Libyan leader Moammar Gaddafi vowed a “long war” when the allied military attacks on countries that joined in the OPEC.
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