Skip to main content

The market will rebound tonight and HK drive by China market

As I guess earlier, the market will try to move higher based on the news release from the China meeting. However still need to be careful how fast it can go this time.

There are still many hidden problem not yet release.


4 March 2009

US Market
The Dow open at 6765 and close at 6726 –299.64 (-0.55%), the lowest is 6712
Sector performance (% change on day): Financials (-1.57%), Tech (+0.26%), Health Care (-0.22%), Consumer Staples (-0.78%), Consumer Discretionary (-1.14%), Industrials (-1.37%), Energy (+0.26%), Telecom (-1.47%), Materials (+0.62%), Utilities (-3.58%).

The EUR trade at 1.2515 at 5:28 and there is rate decision release tonight.

The GBP trade at 1.4048 at 5:28 and there is rate decision release tonight too.
The CAD cut 0.5% interest rate and the quote at 1.2937 at 5:30pm
The JPY 99.13 at 5:30pm
The Gold price is 915 at 5:30 pm
The Crude Oil March is 42.56 at 5:30pm

Japan Market
The Nikkei open at 7146 and closed at 7290 +61.24(+0.85%)

UFJ closed at 426 +5 (1.18%)
Sumitomo Financial 2980 -5(0.16%)
Fast Retailing closed at 9520 +140(+1.49%)
Canon closed at 2325 -5 (-0.21%)
Toyota closed at 2985 -75(-2.45%)

The JPY is 99.21

HK Market
The HS Index open at 11880 and closed at 12331 +297 (+2.47%) the turnover volume is 449.6 previous 429M
The 005 open at 44.8 and closed at 44.2 with volume 69.93M, Previous 121M.
The 3988 closed at 2.08 and closed at 2.16 with turnover 685M previous 427M
The 1398 closed at 3.01 and closed at 3.18 (+4.95%) turnover 594M previous 393M

China market

The Shanghai Market opened at 2076 and closed at 2198 with volume 1278 M and previous 799 M
The BOC RMB3.5 +9.37%
The ICBC RMB3.83 +4.93%

Release Reports

International –US Time
US – US Time
Wednesday, March 4, 2009
3:45 a.m. ITA: Feb Svcs PMI
3:50 a.m. FRA: Feb Svcs PMI
3:55 a.m. GER: Feb Svcs PMI
4:00 a.m. EU: Feb Eurozone Svcs PMI
4:30 a.m. UK: Feb CIPS Svcs PMI
5:30 a.m. UK: Feb Shop Price Index
8:15 a.m. CAN: Feb Monetary Reserves - US Dollars Monetary Reserves Previous: -1.14B
6:50 p.m. JPN: 4Q Fincl Statements Statistics of Corporations
9:00 p.m. JPN: Feb Imported Vehicle Sales

US Market

Wednesday, March 4, 2009
7:00 a.m. Mortgage Application Refinance Index For Feb 27: Previous: -19.1%.
8:15 a.m. Feb ADP Employment Survey: Expected: -680K. Previous: -522K.
10:00 a.m. Feb Non-Manufacturing Index: Expected: 41. Previous: 42.9.
10:30 a.m. US Energy Dept Oil Inventories For Feb 27
2:00 p.m. Federal Reserve Beige Book

Comments

Post a Comment

Popular posts from this blog

Sector Performance MTD review 20250829

  Based on the  data table showing Year-to-Date (YTD) performance and the latest one-month percentage changes for various ETFs as of August 31, 2025, here’s a summary: Code Name 20241231 1 month % +/- 20250131 1 month % +/- 202500228 1 month % +/- 20250331 1 month % +/- 20250430 1 month % +/- 25200530 1 month % +/- 20250630 1 month % +/- 20250731 1 month % +/- 2025829 YTD % +/- ETHA iShares Ethereum Trust ETF 25.29 -0.67% 25.12 -33.16% 16.79 -17.69% 13.82 1.01% 13.96 37.39% 19.18 -0.57% 19.07 48.24% 28.27 16.09% 32.82 29.77% UFO Procure Space ETF 23.22 5.86% 24.58 -4.27% 23.53 -6.20% 22.07 1.27% 22.35 9.04% 24.37 17.93% 28.74 3.20% 29.66 14.26% 33.89 45.95% ITB iShares US Home Construction ETF 103.39 3.73% 107.25 -7.84% 98.84 -3.67% 95.21 -3.51% 91.87 -3.67% 88.5 5.28% 93.17 4.55% 97.41 13.64% 110.7 7.07% TAN Invesco Solar ETF 33.12 2.05% 33.8 -4.29% 32.35 -5.84% 30.46 -5.45% 28.8 10.49% 31.82 7.67% 34.26 7.41% 36.8 12.91% 41.55 25.45% JETS US Global Jets ETF 25.35 2.68% 26.03...
Post a Comment
Read more

Another Opportunity to witness the interest rate effect

16 -17 Dec 2008 I really glad that I am able to witness the historic rate cut decision in this century. Having an almost zero interest rate in USD. It's the last bullet in interest rate. On 16, I had already believe the traders will push up the DOW but don't know the effect is so significant +359.61 close at 8924.14 Regarding the Oil, once confirmation the Oil will cut 2M barrel, the oil gradually drop to 44 / barrel and the oil security also don't have disappointed result even the DOW climb so high, the Banking sector is the winner. On the same time, USD immediately dropped after the announcement and the EUR & JPY 1.41xx and at 5:59pm is 1.4093 &89.12 How long this rally can last? Let's wait and see. In the morning, I am still thinking how will be the +395 affect Asia Market, However, all asia markets are open high and close little bit low. HSINDEX : 15460.52 +330 2.18% the high is 15555, Japan 8658 open , 8741 high and close at 8612 I believe there will not be...
4 comments
Read more

Daily Review 20250917 Fed Rate Meeting decision

 Last night Fed finally confirmed cut 0.25 % and mostly like will have two more cut till end of 2025  We can see the most high trade volume are Gold (GLDM )and Rusell (IWM ) may be the best rate cut benefit to small cap and emerging market.  18/09/2025 LAST PRICE VOLUME PRE.CLOSE PRICE CHG % YES. VOLUME VOL.VS AVE 5 5 DAYS AV.VOLUME GLDM 72.49 3,716,116 73.07 -0.79% 11,617,189 232.17% 3,497,342 IWM 238.89 22,264,686 238.28 0.26% 79,955,604 219.47% 25,027,785 ICLN 15.06 4,649,808 14.89 1.14% 4,647,853 198.58% 1,556,629 SMH 305.25 9,647,743 307.21 -0.64% 9,600,372 197.59% 3,226,000 KRE 64.45 7,503,057 63.69 1.19% 32,616,216 187.24% 11,354,980 QQQ 590 69,384,820 591.18 -0.20% 68,486,724 174.08% 24,987,820 SPY 659.18 26,078,138 660.00 -0.12% 101,952,244 169.44% 37,838,560 XLF 54.08 12,214,299 53.56 0.97% 47,928,832 165.11% 18,078,518 XLRE 42.03 2,351,323 42.05 -0.05% 7,313,206 162.31% 2,787,984 JETS 25.85 1,020,605 25.70 0.58% 4,415,887 161.45% 1,688,973 UFO  18/09/2025 ...
Post a Comment
Read more