AUSTRALIA FOCUS : AUSTRALIA UNDER ATTACK
It would be a fool’s quest to attack Australia and the last time anyone thought about it was during WWII and even the Japanese took a deep breath at that thought. As for… Continue reading
Category Archive: Market
Bonds In Conversation : April Fools In Easter
A happy Easter for bond investors, seeing price rallies around the world, except for those who wouldn’t play ball, like Greece, because even Russia feels the love these days. We may not have… Continue reading
Commodity Crackles : Let's Start With Oil
I noted that oil has not suffered more than 2 consecutive quarters of losses since 2003 and we managed to pull off a first with 1Q15 seeing another drop in prices. We… Continue reading
Zico's Recap For 1Q15 : A pause to look at what's in the bag
Zico has been noticeably absent for a while and I suspected that was because he was too busy making money. It looks like I was right. ************************* The big story in the first… Continue reading
Brekkie Bond Wrap
Daily Credit Wrap: Investment Grade: IG Asian credit traded with a slightly softer tone against a weaker macro backdrop. However, we are hearing that flows are still very balanced in the IG space.… Continue reading
Ad Hoc Commentary – Greece will likely exit Europe
“…Domains under heaven, after a long period of division, tends to unite; after a long period of union, tends to divide. This has been so since antiquity…” Chapter 1, Romance of Three Kingdoms.… Continue reading
APRIL FOOL'S HINDENBURG GALORE
Forgive me for I have been remiss and slack on the Hindenburg front. Hindenburg struck mid last month and it has been Hindenburg galore for the past 6 months. The omens are started… Continue reading
Brekkie Bond Wrap
Investment Grade: Asian IG credits traded with a slightly firmer tone. Sovereign CDS was a touch tighter while Chinese/HK spreads also ended tighter. Chinese oil and tech names were 1-2bps tighter. The new… Continue reading
Easter Forex : The Immaculate Ending
The end of the first quarter and my, so much has happened and whilst I do not make it a point to make personal comments about political or quasi political matters, I must… Continue reading