Category Archive: Market

SGD RATES AND BONDS DECEMBER SPECIAL

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IRS Slow but steady week with nice technical moves in the swaps. Thin liquidity allowed breaks upwards after failing to break lower into month end. The 5Y swap broke above its 50 day… Continue reading →

The Risk Of Higher 10Y UST Yields….

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The risk of higher yields is not a chart-able affair. The new market paradigm is emerging : The Fed is concerned only about short term rates and has commited to keep them low… Continue reading →

Trading USDJPY Like Matt Damon Or A Housewife ?

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You will feel particularly sore and vulnerable after spending 8 hours fixing another home internet issue. Sit in front of the pc, finally at 3 pm with half the day gone and seeing… Continue reading →

Weekend Ironies For 1 December

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Cannot help it. It has been an entertaining weekend in headlines. Chinese wife scratches car at motor show to force her husband to buy it. http://www.dailymail.co.uk/news/article-2515654/Hilarious-moment-Chinese-wife-scratches-luxury-car-motor-FORCE-husband-buy-getting-older-looks-young.html >> The funny part is HER REASON… Continue reading →

Resorting to Zen and the Art of Motorcycle Maintenance For An Explanation of The Markets

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Tidying up day and coming across some notes I cannot remember making 20 years back is like knowledge discovered for the first time. Lets say those were slightly radical and idealistic days and… Continue reading →

Bonds In Conversation : Missing the Forest For the Trees

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How did we miss the forest for the trees ? The best performing asset in the world this week would be Bitcoins which are up 50%. The talk is that China has just… Continue reading →

Comet on Thanksgiving and Month End Records For FX

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For the past fortnight, I have been waking at 430 am to try and catch a glimpse of Comet Ison on the eastern horizon and I managed to learn a thing or two… Continue reading →

SGD New Issue : MICLYN EXPRESS 3Y >8%

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Nov. 28 (Bloomberg) — Person familiar with the matter says. • Issuer: Manta 2 Holdings Limited to be amalgamated with Miclyn Express Offshore (MEO) • Guarantors: Unconditional and irrevocable guarantee from each material… Continue reading →

Silent And Stumped Over The Skandi’s – NOK

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The Skandi’s or Nordic currencies are not having a good time this quarter. Since 16th of Sept, the Norwegian Krone is down 2.85% against the USD and down 6.55% in the past 12… Continue reading →

SGD Rates And Bonds Weekly

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Economic News 3Q Final GDP +1.3% QoQ vs expected -0.3% 3Q Final GDP +5.8% YoY vs expected +5.3% Oct CPI +0.2% MoM vs expected +0.2% Oct CPI +2% YoY vs expected +2.1% Oct… Continue reading →