Interview With A Banker : The Marauding JPY Comes To Singapore
I seem to be keeping my days busy doing not much which does not exclude the prospect of meeting up with old friends for coffee. That was exactly what I did last evening… Continue reading
I seem to be keeping my days busy doing not much which does not exclude the prospect of meeting up with old friends for coffee. That was exactly what I did last evening… Continue reading
Illustration 1: AUD/USD vs. IMM Commitment of Traders (Non-Commercial) positions vs. AUD/USD 1-month risk reversal vol skew … all points to AUD at risk of correction lower Asianmacro has previously opined on Australia… Continue reading
I would have never thought that we would be allowed to use our CPF funds to buy anything but the safest bonds and of course, the very unsafe Gold ! I thought I… Continue reading
Tell the truth guys ! When I wrote about Swiber senior perpetual a couple of months back, a few friends approached me to ask if the bond was worth a look at about… Continue reading
Plenty of sabre rattling in the news yet none targeted at good old Singapore directly. We had the oldest bank in Switzerland, Wegelin, shutting its doors after a US tax probe earlier this… Continue reading
First, I do not recall the Bible mentioning grapes as the forbidden fruit. The excitement of receiving 2 grapes from a restaurant manager from their vine was enough. What resulted after a leisurely… Continue reading
The attack on offshore financial centers continues: “…An anonymous whistleblower sent to the ICIJ 2.5 million electronic files containing what the organization calls “the biggest stockpile of inside information about the offshore system… Continue reading
A cheaper Porsche makes for a happier taxman – The Porsche 911 Index The Porsche 911 index – The Cheaper your Porsche, the happier your Taxman Assume all you ever wanted us to… Continue reading
Illustration 1: Bird flu onset in Jan 2003 … Hang Seng & Straits Times Index plunge 15% to March-April 2003 Asianmacro remembered the dark days of SARS / bird flu onset circa January… Continue reading
Illustration 1: EUR/USD schizophrenic 2 big figure range on 4th April 2013 .. initial plunge followed by spike The FX market is always taken to be the most efficient in discounting news ahead… Continue reading