Category Archive: Market

Enter The New Banana Currency – Gold or Bitcoins ? And Real Estate Becomes The New Gold ?

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Notice I am have silent about Gold ? Because I am long and wrong ! (not yet) Just to expose the facade of the entire global central banking system. Bitcoins rallied to a… Continue reading →

Ad Hoc Commentary – Paulson, making enemies at the wrong places?

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Did someone forget to call John again? Or did he made the wrong enemies for starting a fund to help rich customers “reduce the amount they owe to the US government”: John Paulson… Continue reading →

Trade Idea : Father of Five Says USDJPY will be well supported for the next few months..

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Dear all, Just wanted to share some thoughts on USDJPY .. 1.       Private bank customers positioning (I think this is a big driver recently) In the past 1 year or so, there has… Continue reading →

What A Safe Monetary Policy Statement !

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” MAS will maintain its policy of a modest and gradual appreciation of the S$NEER policy band.  There will be no change to the slope and width of the policy band, as well as the… Continue reading →

Bonds In Conversation : Asia Crisis 1998 ? Or SARS 2003 ?

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Now where was I then ? The 2 big headlines dominating the week has been Japan with mild comparisons to the 1998 crisis; and bird flu in China which is compared to the… Continue reading →

Random Conspiracy Theory – Gangpaeh vs Yakuza !

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Move over BoJ, we have BoK tomorrow. What impressed me this week was Christine Lagarde coming out to praise Japan’s bond buying when during the G20 meeting in Feb this year, we had… Continue reading →

New Issue Review : HPL 7Y SGD 4%

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NEW ISSUE: HOTEL PROPERTIES LIMITED – SGD 7-YEAR SENIOR Issuer:                      Hotel Properties Limited Status:                      Senior, unsecured Rating:                      Unrated Issue / Issue Size:          [TBD] Format:                      Off the Issuer’s SGD800 million Multicurrency MTN Programme Tenor:                      … Continue reading →

What Libor ? It’s Antitrust !

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The last count was over 60 traders of various products, predominantly NDFs and SGD, being suspended, subsequently fired, allowed to resign, reinstated back in their former roles or into a new role. People… Continue reading →

SGD RATES AND BONDS WEEKLY

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Economic News None till 12 April IRS USD/SGD barely budged on the week, compared to the movements in the JPY driving the NEER to 145 bp. This is not a good sign going… Continue reading →

New Issue Review : CWT 6Y SGD 4.1%

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– CWT announced a new 6yrs issue after strong IOIs after SG roadshow – Deal terms: 6yrs at initial price guidance of 4.1% area – CWT Limited is a leading solution provider of… Continue reading →