Silent And Stumped Over The Skandi’s – NOK

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The Skandi’s or Nordic currencies are not having a good time this quarter. Since 16th of Sept, the Norwegian Krone is down 2.85% against the USD and down 6.55% in the past 12… Continue reading

SGD Rates And Bonds Weekly

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Economic News 3Q Final GDP +1.3% QoQ vs expected -0.3% 3Q Final GDP +5.8% YoY vs expected +5.3% Oct CPI +0.2% MoM vs expected +0.2% Oct CPI +2% YoY vs expected +2.1% Oct… Continue reading

OXLEY UPS THE ANTE WITH ANOTHER SGD 3Y BOND

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*** NEW ISSUE: OXLEY SGD 3 YR ISSUE *** Issuer:  Oxley Holdings Limited Status:  Direct, unconditional, unsubordinated and unsecured                             Notes Rating: Unrated Format: Reg S, S274 & 275 of Singapore SFA Tenure: 3… Continue reading

Hunger Games Is Catching Fire In Thailand And Elsewhere

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That they are releasing the sequel to the Hunger Games, Catching Fire, at a time when President Barrack Hussein Obama’s approval rating has dipped to an unprecedented 39% low in his presidential tenure… Continue reading

STUCK IN THE MARKETS

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I found a nice little honeycomb washed off the tree. It had come unstuck. Stuck is the situation most people are in. Stuck to their mortgages, stuck to their investments, stuck to their… Continue reading

An Old Man Once Said, Do Not Trade JPY

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Some old mates and I attended this fx seminar ran by an 82 year old chap a couple of months back. Whilst we took away some very important lessons from this market veteran… Continue reading

Populism And PSLE In Singapore

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There were tears yesterday when I saw some kids’ faces. Bright and intelligent children who had expectations and were expected to make the grade for this IP or IB system with their PSLE… Continue reading

Round Of Applause For China – Exiting The Currency War They Had Started

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Humour me as I try and piece this all together. China started this currency war game in 1995 when they pegged their currency to the USD. That lasted for 10 years. During that… Continue reading

Bonds In Conversation : Bonds Buying Time OR Bonds, Buying Time ?

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What a week it has been ! … watching paint dry. US treasury bond prices are back to lower to Oct shut down levels and we have some fanciful reports out today suggesting… Continue reading