It is September the 11th today. Strategists have finally found the time and the courage to look into the future now that the EM crisis is stabilising. Global Growth “US liquidity tightening has… Continue reading
All the good work of the PMIs were wiped out by the Non Farm Payroll which fell short enough to unconvince about half the world that the Taper is imminent. “Fed watchers Jon… Continue reading
By Sharon Chen Sept. 4 (Bloomberg) — GDP growth forecast at 4% Y/y this quarter, according to median of 19 economists and analysts in Monetary Authority of Singapore’s Sept. quarterly survey. • Economists… Continue reading
I have been told that yesterday was the last day of the Hungry Ghost month. And what a hungry ghosty month it has been. Currencies have decoupled from the rest of the markets… Continue reading
RBA today and elections on Sunday. Sept. 2 (Bloomberg) — The Reserve Bank of Australia will cut interest rates within 100 days of the Sept. 7 election, credit markets show, a boost for… Continue reading
“The same pattern — a sudden surge minutes before 4 p.m. in London on the last trading day of the month, followed by a quick reversal — occurred 31 percent of the time… Continue reading
“Godzilla’s exact origins vary, but it is generally depicted as an enormous, violent, prehistoric sea monster awakened and empowered by nuclear radiation.” Source : Wikipedia “TOKYO—Deep beneath Fukushima’s crippled nuclear power station, a… Continue reading
What is the significance of 4 tops ? Or is it a double top + double top ? 2 double tops ? It is all coming at a time when the street is… Continue reading
SINGAPORE JULY CPI 1.9% YoY vs expected 2.1%. SINGAPORE JULY CPI 0.3% MoM vs expected 0.6%. Aug. 23 (Bloomberg) — Gains in food and transportation costs contributed to quicker inflation, Statistics Department said… Continue reading
The outflows are slowing but INR is stumping the world to a new record of 65.56 yesterday and Indonesians are rushing to buy gold now. Aug. 23 (Bloomberg) — Gold jewelry demand… Continue reading