The great commonwealth countries of Australia, Canada and New Zealand lie in the periphery of the G6 (which later included Canada to become G7) under grand dame UK. Australia, New Zealand and Canada,… Continue reading
What do we have in Japan a year after Abenomics was coined ? A market that surged to the last day of 2013 and suddenly fizzled on day 1 of 2014, leaving market… Continue reading
We are reminded of our own insignificance when we see wonders in nature and gaps in the USD/IDR, USD/MYR and USD/PHP charts like these ones. USD/IDR USD/MYR USD/PHP Is the world is rushing… Continue reading
The SGD/MYR has had an amazing run up this round to 2.6227 and we are near the historic high last seen in 1998 of 2.6935. SGD/IDR at a historic high today as is… Continue reading
Crazy Horse to me is my favourite Sioux Indian hero, being very much fascinated by the Battle of the Little Big Horn as a child. http://en.wikipedia.org/wiki/Crazy_Horse As we welcome the Chinese year of… Continue reading
I like my pineapple tarts open faced. I suppose we can tell alot about a person by the sort of pineapple tart they prefer. For the encased tarts, it is all about the… Continue reading
Yes. We rejoice with rate hikes from Turkey because we are not Turks with mortgages. The Turkish lira jumped 3.5% instantly but bondholders aren’t really cheering except maybe the USD bonds and some… Continue reading
“The Turkish central bank raised its overnight lending rate to 12% from 7.75%…” http://www.cnbc.com/id/101359309 Of course it stopped the rout of the Turkish Lira in the short term. By contagion, it also stabilized… Continue reading
In the first 3 weeks of 2014 and the end of the lunar year of the Snake, over 80% of the 162 currency pairs in the world have lost out against the USD.… Continue reading
If you are feeling confused, lost, disoriented, bewildered, fatigued and the like, rest assured that you are not alone. It is real and happening. The markets are muddled. If you are feeling comfortable… Continue reading