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Monthly Archives: September 2020
On Balance: Daily Notes for September 3, 2020
OUR VIEW Wait around 5,700 support level as the unemployment rate is set to release today, and this is anticipated to be dismal amid the Covid-19 pandemic and lockdown measures imposed. This is expected to bring negative sentiment in the … Continue reading
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On Balance: Daily Notes for September 2, 2020
OUR VIEW Hunt for bargains after the last-minute sell-off yesterday. We’re expecting a rebound to around 5,700-5,800 support levels. Optimism may spillover as consumer spending is expected to pick up in“ber months”, along with the easing of lockdown measures. However, … Continue reading
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On Balance: Weekly Notes for September 1, 2020
OUR VIEW FOR THE WEEK Trade cautiously the market is expected to take cues from the upcoming economic data to assess the depth of COVID-19 and its consequent quarantine measures’ impact on the economy. This week, we will be having … Continue reading
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