Category Archive: Market

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Seeing Stars : Perseids Monday in FX

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I tried to see if I could catch any remnants of the Perseids meteor shower peak last night from our vantage point in Singapore. Excited, I spotted a few glitters in the sky.… Continue reading →

Marco Flows : Great Unwinds

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AUD and NZD It was all about the AUD. If you are wondering how a milk scandal could be good for a currency, try living on planet Earth. Yes, even the Brazilian ban… Continue reading →

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CANDLES TO CELEBRATE NATIONAL DAY – USDSGD

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A pleasant surprise on Hari Raya Puasa and the National Day , Singapore was rewarded with a big black candle in the USDSGD chart. We have broken into the Ichimoku cloud ! “Aug.… Continue reading →

Of Countries and Banks – It’s A Gangster World Out There

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“Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men.” ~ John Dalberg-Acton Zimbawee The first thing Mugabe did when he returned to power was to seize… Continue reading →

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Bonds In Conversation : Thinking of Taper, Acting like QE

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It’s been a short week for Singapore and a painful week for most EM especially India whose currency saw a new lifetime low against the USD, managing to outperform just Gold. The JPY… Continue reading →

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Credit Highlight : Unicredit SPA SGD

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Just a few headlines to while away time. “UniCredit SpA Tuesday said second-quarter net profit more than doubled from the same period last year, mainly helped by lower loan-loss provisions and higher trading… Continue reading →

Currency Crisis : India, Indonesia and …

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“JAKARTA, Indonesia—Investors are souring on Indonesia as growth slows and a contentious election approaches. Some investors see more trouble ahead. Indonesia is one of several emerging markets dealing with slowing growth, high inflation… Continue reading →

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Clutching At Straws – It’s The Ichimoku FAT HOPE In USDJPY

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The Ichimoku cloud hangs like a shroud over the USDJPY. It is a fool’s errand to run on the Ichimoku when the USDJPY has become a proxy for the risk on trade and… Continue reading →

SGD Rates and Bonds Weekly

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Economic News 2Q Unemployment Rate 2.1% vs previous 1.9% Jun Bank Loans and Advances +17.7% YoY vs previous +18.8% Jul Electronics Sector Index 50.3 vs expected 51.0 Jul PMI 51.8 vs expected 51.3… Continue reading →

Tulip Mania 2013 Edition

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I love this credit trader’s comment I found which I cannot reproduce. After a brief run through of the day’s events where we notice PBs were the main buyers again, it went on… Continue reading →