Last night (29th April 2011), US released their latest US GDP economic data which shows that United States GDP increased at an annual rate of 1.8 percent in the first quarter of 2011. In the fourth quarter, real GDP increased 3.1 percent. The positive contributions came from: – personal consumption expenditures (PCE)– private inventory investment,– exports, and – nonresidential fixed investment The…
Tag: US
Dow Jones, STI and US/SG stock market analysis | Stock Market & Investment | US, Singapore
Since weeks back, I have cautioned all to be nimble about stock market movements lead by the rising negative developments in Libya unrest. Oil production has been disrupted causing oil futures to surge to record high since 2009 and investors rushing into safe haven via USD & Yen, prompting rising strength in both. The latest comforting news are worth to…