Street Chatter – Thailand
In the past 2 hours, we saw some majorly big moves yet the only data that came out was the German IFO and UK GDP. The IFO beat at 110.1 for Jul vs… Continue reading
In the past 2 hours, we saw some majorly big moves yet the only data that came out was the German IFO and UK GDP. The IFO beat at 110.1 for Jul vs… Continue reading
Credit Default in Mongolia “According to Bloomberg news, Mongolia’s 5th largest bank – Savings Bank (SB) – was declared insolvent by the bank regulator, and the bank will be taken over by government-owned… Continue reading
I wrote Trading Against A Black Box – USDSGD last year. MAS published Monetary Policy Operations In Singapore back in March this year in an effort to explain themselves to the public and… Continue reading
Gold did well overnight, so did the JPY. It seems that after years of USD weakness, some still cannot accept that the USD will be king in the next two years. What we… Continue reading
http://www.southparkstudios.com/clips/222624/the-importance-of-saving-money Uncanny that I was sent this SouthPark video, The Importance Of Saving Money, by Retired Trader and chanced upon, almost instantaneously on a WSJ article No Trends, No Friends for FX Funds –… Continue reading
It’s a new week and I am struggling to make sense of what is going on. EM Outflow Trend Continues “We continue to see consistent outflows in EM Bond funds. EM bond funds… Continue reading
Singapore’s 2Q GDP Growth Momentum Likely Unsustainable, CS Says July 18 (Bloomberg) — Singapore’s strong growth momentum seen in 2Q is unlikely to be sustained because of some pullback of production in biomedical… Continue reading
The FT had been showing a graphic on the burden of public debt: Comparing the burden of public debt http://www.ft.com/intl/cms/s/0/bc1fb5f0-e057-11df-99a3-00144feabdc0.html The perspectives they had were: 1. net debt as a % of GDP… Continue reading
India Joins Brazil to China in Tightening Liquidity July 16 (Bloomberg) — India stepped up efforts to help the rupee after its plunge to a record low, raising two interest rates in a… Continue reading