In swarms and hordes they come to Singapore, all knowing that their money will appreciate 1.33% in the next 12 months (using latest SGD NEER reading). That was MAS’s promise last Friday in… Continue reading
10Y NC 5Y Indicative Coupon 5% Issue Size SGD 500 mio min. 100% owned by Dutch government. I find it odd that UBS would be bringing out a European Sub when they just… Continue reading
Jaws of death is a term coined by trader Larry Williams that describes when a situation when equities are rising while bonds are weakening. Williams observed a phenomenon that happens when equities and… Continue reading
Mr Market seldom disappoints. Despite the barrage of good numbers coming from official statisticians, our favorite Dow Jones Industrial gave up all the post-QE3 gains. The Dow closed just below the level it… Continue reading
” MAS will therefore maintain the 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… Continue reading
I must admit it has been a bewildering week and I have been quite buffeted around in the noise and confusion that accompanies the insanity of a wild and trampling herd. Needless to… Continue reading
A friend once told me you are in trouble once you trade on HOPE. It is not Hope that is keeping me going for USD/JPY. Tomorrow the G7 Finance Ministers meet in Tokyo… Continue reading
RBS Said to Suspend Trader Over Interest Rate Rigging People say that I should keep my mouth shut and that it is better not to talk about these things or we could implicate… Continue reading
And we have a new 10Y SGD 400 mio Indian Oil Corporation deal, 8 times oversubscribed and coming out with a whopping tighter coupon of 4.1% which translates to 4 dollars on the bond… Continue reading
Finally, a date has been set for this event to take place on 8 November 2012. The CCP party congress takes place every five years wherein every second one would involve leadership reshuffle… Continue reading