I Am Not Loonie, Are You ? CADSGD at 4 year low
The Bank of Canada “BoC” gave the USDCAD “Loonie” a nice little spanking last night but it sends a clear message for the months ahead. The market had not expected the drastic event… Continue reading
The Bank of Canada “BoC” gave the USDCAD “Loonie” a nice little spanking last night but it sends a clear message for the months ahead. The market had not expected the drastic event… Continue reading
Not a day goes by in these times when a new record is not made. And today the honours go to CNY, setting a historic high against the USD on the PBOC fixing.… Continue reading
Yesterday’s UMNO elections sealed the politcal fate of Malaysia for the next 4 years and there shall be peace. On the 25th, we will have PM Najib in Malaysia unveiling his 2014 budget… Continue reading
Oct. 14 (Bloomberg) — Singapore’s central bank maintained its commitment to currency appreciation after the economy shrank less than estimated last quarter, forgoing stimulus as labor shortages and record home prices fuel inflation.… Continue reading
Tired of being buffeted around in the markets because of this debt ceiling deadlock, why not pretend it is over ? What’s next ? Shutdown to slowdown ? US economic data has… Continue reading
When you read religion thrown into the headlines with politics, you know there could be trouble ahead. China is finally acknowledging their moral decline and obsession with money culture. Enough for their President… Continue reading
Look what the cat dragged out yesterday from the old book pile. I must have nicked this some 2 decades ago from either my grandparents or my auntie’s troves even though it has… Continue reading
I have been silent on gold for some time now for I realise it has become an emotional topic even amongst friends, and it is not a subject for light hearted discussions with… Continue reading
Not a single doji in sight for the monthly candles. The quarter will end in a nice way given the Hindenburg omen expires tomorrow ! Examining the quarterly performance, we find Nikkei and… Continue reading
GBP/SGD (SPOT RATE 2.0079) – has been on a marathon since July and traded at a 1 year high of 2.0238 yesterday. – looks like it would gradually edge higher from here towards… Continue reading