A Simple Life Into Month End – FOMC & BoJ Special
Month end on Thursday, 31st October and we have 2 big central bank meetings that are poised to be non events. BOJ BOJ rate decision day and a glimpse into 2014 monetary base… Continue reading
Month end on Thursday, 31st October and we have 2 big central bank meetings that are poised to be non events. BOJ BOJ rate decision day and a glimpse into 2014 monetary base… Continue reading
Some weekend trivia for readers. The earth was much hotter 1,000-2,000 years ago and even hotter during the Cretaceous period some 100 million years ago when dinosaurs were at their peak. The atmospheric… Continue reading
“In the U.S. stock market, EPS this year may be nearly 30% above 2007’s level, yet share prices are just over 10% higher than 2007’s peak.” taken from a private banking report. What… Continue reading
It is easy to ease but hard to taper – just look at the Fed. The mini liquidity crunch in China appears to be expected even as CNY fixes to a new record… Continue reading
302 HK – had my eye on it at HKD 78 thinking it was a good takeover target but missed out because I thought I would have had more time. Last done HKD… 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
It is called a sandwich and its HKD 58 which is about SGD 9.25, roughly what you would pay for a sandwich in MBFC. It is, however, done the proper Parisienne way, according… 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
“Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men.” Lord Acton, 1887 What happens when you find you and your mates account for 40% of a… Continue reading
Economic News Sep Electronic Exports -5.5% YoY vs expected +0.2% Sep Non Oil Domestic Exports -1.2% YoY vs expected -2.8% Sep Non Oil Domestic Exports +5.7% MoM vs expected +2.6% IRS Interest rates… Continue reading