CHINA FOCUS : Too Big To Ignore
A new 7 year high in the Shanghai Composite for 5 weeks running since mid May despite a record US$9 bio outflow from EM stock funds this week driving the A-shares H-shares premium… Continue reading
Category Archive: Forex
Australia Focus : Cloudy With A Chance of More Clouds
A last minute rally saved the week to give us the benign ending that masked the trials and tribulations in between. The action revolved around the slew of positive economic data, central bank… Continue reading
AUSTRALIA FOCUS : HAPPY SHOPPING
We are pretty close to the 6 year low of 0.7533 set on 3 April in the AUDUSD despite closing the week relatively unchanged and shorts are building up again as the RBA… Continue reading
THE INCREDIBLE CRASH, BOOM, BANG MARKETS
These are the largest daily trading ranges for the EURUSD in the past 4 years. The move we had 2 days ago was pretty incredible for 1,000 trading days with European bond yields… Continue reading
FX THOUGHTS : SGDMYR MAKES HISTORY, SO WHAT ?
No sense freaking out that SGDMYR has hit a historic lifetime high today, breaking 2.74 to clock a 2.7416 this morning and trading at 2.7311 as I type. Most people brush it… Continue reading
IMF Special Drawing Rights 101 – the all-you-need-to-know guide
Unless you have been on another planet in the past year, you would have heard of China’s bid for the renminbi (RMB) to be included in the IMF Special Drawing Rights (SDR) basket… Continue reading
Australia Focus : From Meh To Bleh
The AUDUSD continues to track Mount Everest for the month of May and we are right down to the base camp level now (and I still cannot believe Dark Knight called the high… Continue reading
The Thin Red Line Of Foreign Exchange Rigging
This post was written for www.hnworth.com, a site targeting high net worth individuals in Singapore. Have fun reading ! ******************************** The first thing that strikes anyone visiting a dealing room for the first time… Continue reading
Forex Thoughts : Think Like YODA in Yo-Yo Markets
Volatility has been off the charts in the QE world which is understandable because it is, afterall, a supply shock to the monetary system and So we have the EURUSD trading at an… Continue reading
SINGAPORE RATES WEEKLY : CONSOR-LIDATING
Economic Data Mar Retail Sales +1.1% MoM Mar Retail Sales +2.1% YoY versus expectations of +3.3% Mar Retail Sales Ex Auto -3.2% YoY Apr Non Oil Domestic Exports +2.2% YoY versus expectations -5%… Continue reading