China In Focus : Never Saw It Coming
Guess who said that ? Alan Greenspan, of course. So can we blame ourselves if we never saw the Chinese stock markets “melt-up” ? After months of lamenting on our holdings and wondering… Continue reading
Category Archive: Market
Australia In Focus : Outsourced To The World
A big apology for the updates because I just discovered that the 1wk change number for iron ore has not been updating. The problem has been fixed. The Australian dollar is not… Continue reading
Bonds In Conversation : Preparing For Hysteria
I am not sure how everyone’s week went, but if everyone is feeling like me, they will be mighty confused as we hit a speed bump in the markets and seeing some reversals… Continue reading
Ad Hoc Commentary – Schauble thinks we are blind
“If you look at Greece, it’s not a major part of the economy of the eurozone as a whole. Most participants of financial markets are telling us that markets have already priced in… Continue reading
Op Ed : For 90% Of The World, There Is No Logic Or Means
My professor friend solved that confounded Primary 5 math logic problem in less than 2 minutes, to none of my amazement of course, because we would expect All Teachers and Principals and Ministers… Continue reading
Brekkie Bond Wrap
Another relatively weak day in Asian credit with IG cash bond spreads 2-3 bps wider with the rally in UST and new supply pushing spreads wider. The tech space saw Tencent 5 wider… Continue reading
SGD New Issue Review : INDUS GAS SGD 3YR – PX GUIDANCE AT LOW 8s
DISCLAIMER : https://tradehaven.net/terms-of-use/ A bit more on Indus Gas after its mention in our Primary Credit Watch this morning. INDUS GAS SGD 3YR – PX GUIDANCE AT LOW 8s Issuer: Indus Gas Limited… Continue reading
Primary Credit Watch
DISCLAIMER : https://tradehaven.net/terms-of-use/ Recap of yesterday’s deals: Central China Real Estate sells $300m long 5NC3 bonds at 8.75%, IPT 9.125% area, 1st HY bond in 1 mo. Formosa Plastics sells $1b 10Y bonds… Continue reading
Brekkie Bond Wrap
DISCLAIMER : https://tradehaven.net/terms-of-use/ It was a softer day in the Asian HY markets with bonds weaker by 1/4 – 1/2 points on some profit-taking after the strong performance in the past few sessions.… Continue reading
Singapore Equity: Broadway Industrial
DISCLAIMER : https://tradehaven.net/terms-of-use/ Quick update on the current portfolio: Portfolio Comments 1. Ho Bee continues to see interest due to speculation over a privatisation exercise which is highly unlikely in my opinion. However,… Continue reading