The ECB interest rate meeting this week on Thursday 2nd July 09 will be the focus this week, much like the FOMC meeting last week, which set the precedent by not raising interest rates with the view that inflation is no longer a concern.
Macquarie warrants over banks & property stocks
Call warrant DBS MBL eCW091001 (H2QW) exercise price $11.60.*
Put warrant DBS MBL ePW091001 (H2RW) exercise price $10.80.*
Long dated warrant DBS MBL eCW110502 (H3IW) exercise price $13.00.*
Put warrant OCBC Bk MBLePW091102 (H2UW) exercise price $6.40.*
Call warrant UOB MBL eCW091203 (H8VW) exercise price $15.90.*
Put warrant UOB MBL ePW091102 (H2TW) exercise price $13.50.*
Call warrant CapitalanMBLeCW91103 (H6ZW) exercise price $3.80.*
Put warrant CapitalanMBLePW091204 (H7FW) exercise price $3.70
Call warrant Yanlord MBL eCW100104 (H9BW) exercise price $2.40.*
Japan economic figures to set the tone for the week
Investors will look towards Japan to set the tone for trading early in the week, with the key May industrial production figures on Monday 29th June 09 being an indicator for the pace of the rebound in output. Key May jobless rate and 2Q09 Tankan survey (business survey) will be released on Tuesday 30th June 09 and Wednesday 1st July 09 respectively.
Macquarie warrants over offshore & Marine and commodity related stocks
Call warrant CoscoCorpMBLeCW091102 (H7EW) exercise price $1.55.*
Long dated warrant CoscoCorpMBLeCW110502 (H3JW) exercise price $1.50.*
Call warrant Ezra MBL eCW100104 (H9AW) exercise price $1.40.*
Call warrant KepCorp MBLeCW091103A (H7AW) exercise price $7.80.*
Call warrant SembMar MBLeCW091103 (H7UW) exercise price $3.40.*
Call warrant IndoAgriMBLeCW091002 (H6WW) exercise price $1.60.*
Call warrant NobleGrpMBLeCW091203 (H8UW) exercise price $1.95.*
Call warrant StraitsAsMBLeCW91002 (H6XW) exercise price $1.80.*
Other key economic announcements
China will announce its June Purchasing Manager Index (PMI) manufacturing on Wednesday 1st July 09. A reading above 50 points indicate that the manufacturing economy is expanding, and a reading below 50 points indicates that the manufacturing economy is declining.
U.S June ISM and May pending home sales will also be released on Wednesday, while Euro-zone May unemployment rate and U.S June unemployment rate will hog the limelight on Thursday 2nd July 09.
On the home front, Singapore will release its June PMI on Thursday 2nd July 09. The U.S market is shut on Friday evening for Independence Day holiday.
Other Macquarie warrants
Call warrant NOL MBL eCW090902 (HX1W) exercise price $1.60.*
Call warrant SingTelMBLeCW091202 (H6OW) exercise price $3.20.*
Long dated warrant SingTelMBLeCW110404 (HJ5W) exercise $2.90.*
Call warrant HSI18400MBLeCW090730 (H6PW) exercise level 18,400 index points.*
Call warrant HSI18800MBLeCW090828 (H9QW) exercise level 18,800 index points.*
Put warrant HSI18800MBLePW090730 (H7HW) exercise level 18,800 index points.*
Put warrant HSI18000MBLePW090828 (H9RW) exercise level 18,000 index points.*