Introduction to Future Trading (Mandarin) @ Penang (23 Dec)

CIMB are pleased to announce that there will be a FREE workshop in Penang on Introductory to Futures Trading (Mandarin) organised by CIMB Investment Bank Berhad exclusively for all i*Trade@CIMB customers.

 

In this workshop, we will demonstrate the facility to trade futures which include FKLI & FCPO. This workshop will cover:

 

·  What is futures trading?

 

·  Why trade futures?

 

·  How to start futures trading?

 

·  Performing buy & sell

 

·  Charts

 

Workshop Details:

Date	23rd December 2009 (Wednesday)
Programme	12:15 pm – Registration   12:30 pm – Introductory to Futures Trading   1:15 pm – Q & A   1.30 pm – End of workshop
Venue	CIMB Investment Bank Bhd Ground Floor, Suite 1.01 Menara Boustead 39 Jalan Sultan Ahmad Shah 10050 Penang

 

Don’t miss this OPPORTUNITY to learn and maximize the full potential from our Futures Trading services.

 

For registration, please contact i*Trade@CIMB Call Center at 04-2385 900/926 or email us at itradepg@cimb.com not later than by 22^nd December 2009 (Tuesday). Registration is on a first-come-first-serve basis.

 

Technical Analysis & Charting Course in KL (Mandarin)

Market Outlook & Technical Analysis in KL (12 Dec 2009)

CIMB are pleased to announce that there will be a FREE seminar entitled Market Outlook by CIMB Research and How To Identify Price Breakout From Proven Chart Patterns by ChartNexus Pte Ltd and wholly organized by CIMB Investment Bank Berhad in Kuala Lumpur.

 

Schedule:-

 

Date	12th December 2009 (Saturday)
Time	9.00 am – Registration   9.30 am – Market Outlook by CIMB Research   10.30 am – Refreshment   11.00 am – How To Identify Price Breakout From Proven Chart Patterns   12.15 am – Q & A Session   12.30 am – Account Opening Consultation
Venue	CIMB Auditorium Ground Floor Bangunan CIMB Jalan Semantan Damansara Heights Kuala Lumpur

 

For registration, please email us at itrade_events@cimb.com or call i*Trade@CIMB Call Centre at 03-2084 9890 not later than 10^th December 2009 (Thursday).

 

*Registration is on a first-come-first-serve basis.

 

Market News - 02 Dec 2009

Wall St rose 1.2%, on easing concern over default of Dubai World, which is seeking to restructure a smaller sum of USD26bln, and US pending home sales rose 3.7% in Oct, for the 9^th month. However, auto sales were down sharply, 10-15%, in November from Oct, although year on year, the sales stabilised. Dollar is slightly down.Commodities recover.

• Dow is at 10,471, and heading to 10,723.
• Dollar is at 86.9 yen. Support is at 84.0
• Euro/dollar is higher at 1.509. Longer term upside is at 1.53
• Crude oil is higher at USD78, still targeting 84.
• Gold is higher at USD1198, heading to 1210, then 1237.
• Ringgit is slightly firmer at 3.38. With support at 3.45, it is likely to gain ahead of October exports this Friday, expected to be down 10.3% yoy, the smallest drop in 11 months. Long term upside of 3.34.
• S’pore ringgit is slightly soft at 2.446. With a pullback support at 2.42, the long term upside is at 2.52.
• Malaysia market closed higher at 1266. With support at 1256, it is targeting 1278, and 1291.
• CPO Jan futures is higher at RM2472, with support at RM2395. Upside is at RM2600.
• Today’s trading range is between 1262 and 1274.

 

Market News - 01 Dec 2009

Wall St rose 0.3%, on easing concern over default of Dubai World, following the assurance of the central bank of U.A.E to support local banks. Focus is on shoppers that continue to throng, signaling that the traditional Black Friday is here to stay, bringing cheers to retailers. Early report revealed 195 mln shoppers, versus 172 mln shoppers last year, between Thanksgiving and Sunday. Chicago PMI, a measure of regional manufacturing activity, rose to 56.1 in November from 54.2 in Oct. Dollar is slightly down. Commodities recover.

 

• Dow is at 10,344. Support is at 10,171. Resistances at 10,723, 11,000
• Dollar is drifting downwards to 86.0 yen. Support is at 84.0
• Euro/dollar is higher at 1.505. Longer term upside is at 1.53
• Crude oil is higher at USD77.
• Gold is higher at USD1181.With support at 1148, upside is at 1311.
• Ringgit is slightly weaker at 3.39. With support at 3.45, it is likely to gain ahead of October exports this Friday, expected to be down 10.3% yoy, the smallest drop in 11 months. Long termupside of 3.34.
• S’pore ringgit is firmer at 2.45. With a pullback support at 2.42, the long term upside is at 2.52.
• Malaysia market closed lower at 1259. With support at 1256, it is targeting 1278, and 1288.
• CPO Dec futures is RM2455, with support at RM2335. Upside remains at RM2500.
• Today’s trading range is between 1256 and 1268.