I am not sure if this is what forward guidance means but the price action of EURUSD after the ECB was another classic. From what was supposed to be a currency negative story… Continue reading
No surprises that one of the most read articles this week pre-ECB historic negative rates decision has been The Unstoppable 100 Trillion Bond Market Renders Models Useless. http://www.businessweek.com/news/2014-06-01/the-unstoppable-100-trillion-bond-market-renders-models-useless It is true that valuation… Continue reading
Traders and investors all have the same prayer to their gods – that inflation continues to fall and central banks around the world will keep up with their stimulus for stocks and bonds… Continue reading
After 6 years, I am getting tired of markets sitting around and hanging on every word that comes out of the central banks or finance ministers or Shinzo Abe. And memories are so… Continue reading
To date, we have had more AUD kangaroo bond issues than the entire of 2013 – 127 issues compared to 118 for 2013. Singapore has had only 71 so far (last count… Continue reading
I am hearing renewed market interest in the perps recently. Cheung Kong and Genting perps have enjoyed a decent rally in the past weeks. This is apparently due to some sell side recommendations… Continue reading
Dear readers, It has been a week since we appealed for contributions from readers who like our website and I am happy to report that we have managed to collect $1,920, so far.… Continue reading
NEW ISSUE: ASPIAL CORPORATION LIMITED SGD 5YR ISSUE*** Issuer: Aspial Corporation Limited Status: Direct, unconditional, unsubordinated and unsecured Notes Rating: Unrated Format: Reg S, S274 & 275 of Singapore SFA Tenure: 5 Years… Continue reading
I have always associated the strength of a country’s capital markets with the interest in and strength of its currency. It is not a short term view but a part of my big… Continue reading
