Another Day, Another Manipulation – Gold

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Just got this fresh off the Barry Ritholtz blog and he is a big name to follow. “Long-time trader Andrew Maguire told told King World News this week that 2 JP Morgan whistleblowers… Continue reading →

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Stock Alert : Blumont

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Amazing Singapore. How many times did SGX send queries to companies in the past week on share price rises ? Lost count. If you had bought Blumont last year. Your SGD 15k investment… Continue reading →

Fed : Monetary Or Moral Policy ?

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Forget the unemployment or the inflation. 5 years of QE and these are the headlines. Chart of The Day : Do Recoveries Belong To the Rich ? http://pragcap.com/chart-of-the-day-do-recoveries-belong-to-the-rich?utm_source=dlvr.it&utm_medium=twitter Saez and Piketty’s research shows… Continue reading →

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That China Qualifier

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I keep hearing echoes of that China qualifier in most regional outlooks these days. Anything economic forecast, stick in a China qualifier. SINGAPORE: A sharp slowdown in the Chinese economy will have a… Continue reading →

SGD Rates and Bonds Weekly

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Economic News 2Q Final Unemployment Rate 2.1% vs previous 2.1% Jul Retail Sales Ex Auto 2.5% YoY Jul Retail Sales -7.8% YoY vs expected -1.5% Jul Retail Sales -5.3% MoM vs expected +1.5%… Continue reading →

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GBP/SGD AUD/SGD AND SGD/MYR

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GBP/SGD (SPOT RATE 2.0079) – has been on a marathon since July and traded at a 1 year high of 2.0238 yesterday. – looks like it would gradually edge higher from here towards… Continue reading →

Party Till The Next Summer(s)

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Looks like it is not Obama’s September – backed off on Syria and now backed down by Summers. NSA must be working overtime to decide that Summer’s would not be good for popularity… Continue reading →

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Monday Humour : SGD New Issue Oxley 2Y

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*** NEW ISSUE: OXLEY SGD 2 YR ISSUE *** Issuer:  Oxley Holdings Limited Status:  Direct, unconditional, unsubordinated and unsecured Notes Rating:  Unrated Format: Reg S, S274 & 275 of Singapore SFA Tenure: 2… Continue reading →

Macro Views and Flows – The Taper is the least of our worries

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FOMC and Taper Standard Non Radical Views from the US Banks “Expectations going into this meeting are wide and varied – but consensus distills to a $10bn reduction in UST purchases with no… Continue reading →

After Lehman, A World That Cannot Fail – A New Crisis ?

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It’s the anniversary of Lehman again and we have the media littered with nicely written articles mostly lambasting the crisis and also the Hank Paulson film to be aired next week on Netflix,… Continue reading →