SGD Corp Special : Biosensors Intl Group
Stock price down 12.5 cts today, a 12% drop. Nothing to do with Singapore’s GDP number today, I suspect.. GDP did well coming at +3.8% YoY (vs expected +3.7%) and +15.5% QoQ (vs… Continue reading
Stock price down 12.5 cts today, a 12% drop. Nothing to do with Singapore’s GDP number today, I suspect.. GDP did well coming at +3.8% YoY (vs expected +3.7%) and +15.5% QoQ (vs… Continue reading
I tried to see if I could catch any remnants of the Perseids meteor shower peak last night from our vantage point in Singapore. Excited, I spotted a few glitters in the sky.… Continue reading
AUD and NZD It was all about the AUD. If you are wondering how a milk scandal could be good for a currency, try living on planet Earth. Yes, even the Brazilian ban… Continue reading
Insanity It is the Maddening of America and hardly a joyous read I can assure you. http://www.project-syndicate.org/commentary/america-s-global-leadership-in-serious-mental-disease-by-liah-greenfeld The article suggests, based on extensive studies, that “as many as 20% of American adults may… Continue reading
A pleasant surprise on Hari Raya Puasa and the National Day , Singapore was rewarded with a big black candle in the USDSGD chart. We have broken into the Ichimoku cloud ! “Aug.… Continue reading
It’s been a short week for Singapore and a painful week for most EM especially India whose currency saw a new lifetime low against the USD, managing to outperform just Gold. The JPY… Continue reading
Just a few headlines to while away time. “UniCredit SpA Tuesday said second-quarter net profit more than doubled from the same period last year, mainly helped by lower loan-loss provisions and higher trading… Continue reading
“JAKARTA, Indonesia—Investors are souring on Indonesia as growth slows and a contentious election approaches. Some investors see more trouble ahead. Indonesia is one of several emerging markets dealing with slowing growth, high inflation… Continue reading
The Ichimoku cloud hangs like a shroud over the USDJPY. It is a fool’s errand to run on the Ichimoku when the USDJPY has become a proxy for the risk on trade and… Continue reading