SGD Rates and Bonds Weekly
Economic News 2Q Unemployment Rate 2.1% vs previous 1.9% Jun Bank Loans and Advances +17.7% YoY vs previous +18.8% Jul Electronics Sector Index 50.3 vs expected 51.0 Jul PMI 51.8 vs expected 51.3… Continue reading
Economic News 2Q Unemployment Rate 2.1% vs previous 1.9% Jun Bank Loans and Advances +17.7% YoY vs previous +18.8% Jul Electronics Sector Index 50.3 vs expected 51.0 Jul PMI 51.8 vs expected 51.3… Continue reading
I love this credit trader’s comment I found which I cannot reproduce. After a brief run through of the day’s events where we notice PBs were the main buyers again, it went on… Continue reading
The Trend “Rich Asian individuals are snapping up luxury residential properties and even office towers in the West. But Asia’s biggest investors, including sovereign wealth funds, insurance funds and pension funds, are only… Continue reading
JP Morgan’s exit from commodities trading will probably be remembered as the beginning of the true exit from proprietary trading by big banks. Cynics are probably right for alleging that, until recently, the… Continue reading
7 September Australia. 22 September Germany. RBA on 6 Aug where a 0.25% cut is expected. Based on the OIS 0.5% is expected in the next 12 months according to the Credit Suisse… Continue reading
Global Purchasing Managers Index “The global manufacturing sector made a subdued start to the third quarter. At 50.8 in July, the JPMorgan Global Manufacturing PMI ™ – a composite index* produced by JPMorgan… Continue reading
My son made a cryptic comment which caught my attention. He said, “They live by You Tube.” I asked him what he meant. I notice the You Tube craze these day, he does… Continue reading
Facebook & Apple NYU Prof Damodaran who correctly called for a FB buy at $18 now says says sell at $38. He also said sell AAPL at $700. “Syncapse, the social media marketing… Continue reading
The Cyprus bail-in is confirmed at 47.5%: “…Deposits above the guaranteed limit of €100,000 will face a 47.5 per cent haircut…” http://www.ft.com/intl/cms/s/0/85eb3cea-f943-11e2-a6ef-00144feabdc0.html For those with deposits in banks, you might want to check… Continue reading
Only 4 losers this year. The rest are winners !! Definition of loser = if the bond had been issued today at the same credit spread where it was issued at, its coupon… Continue reading