Must read for the ordinary Singaporean, written for posterity. What is enough ? “Singaporeans now live the most number of years after leaving the workforce, according to the Global Sunset Index of 68… Continue reading
My short chat with my old and wise-man friend prompted an impromptu phone call to Stock Boy today, on the subject of yields and Reits. For you see, I noticed that every other… Continue reading
Illustration 1: If CNY trading band is widened .. be careful what you wish for as CNY weakened previously! Rumour #1: Heading into the G20 Finance Ministers meeting this weekend, the first rumour… Continue reading
After Gold tumbled the past 2 days, Apple has also come off to below 400. Interestingly, if you look at the price action the past 6 months, gold and apple stocks have been… Continue reading
I just heard that someone jumped off the Sail earlier today and that it could be a gold trader. It is a tragedy if it is true but not the first time for… Continue reading
***NEW ISSUE: EZRA SGD 5YR ISSUE*** Issuer: Ezra Holdings Limited Status: Direct, unconditional, unsubordinated and unsecured Notes Rating: Unrated 5 Years Use of proceeds: Mainly for refinancing the existing borrowings of the Issuer… Continue reading
I have been wondering about EUR/USD and its amazing resilience in the face of all that’s happening in the past fortnight. Economic numbers turning sour and nothing quite resolved and we have the… Continue reading
Illustration 1: EUR/AUD FX cross exhibit high correlation & R-square with VXO … predictive ability of unknown stresses ahead in financial markets when both head higher? There are a number of price movements… Continue reading
It is definitely not Singapore because with holding tax here is 10% and they have sort of postponed that (again) to 2018 for non residents. So I am hearing that the January issued… Continue reading
Economic News 1Q13 GDP -1.4% QoQ versus expected +1.7% 1Q13 GDP -0.6% YoY versus expected 0% Feb Retail Sales ex auto +10% YoY versus expected +4% Feb Retail Sales -2.7% YoY versus expected… Continue reading