4 Comments

New SGD Issue : Tat Hong 5Y

by

*** NEW ISSUE: TAT HONG HOLDINGS LTD SGD 5YR *** Issuer                 : Tat Hong Holdings Ltd (“TAT”) Status                 : Direct, unconditional, unsubordinated and unsecured Rating                : Unrated Format                : Reg S, S274 &… Continue reading →

3 Comments

Backing Down on The SGD – MAS Inflation Outlook

by

I wrote Trading Against A Black Box – USDSGD last year. MAS published Monetary Policy Operations In Singapore back in March this year in an effort to explain themselves to the public and… Continue reading →

2 Comments

To Diversify or Not ? Investing Strategy by Zico

by

I love big words. But I have a problem remembering them. What Aggregate Asset Allocation ? What Risk Parity Portfolios ? My brain goes into a whirl and of course, the first reaction… Continue reading →

SGD Rates and Bonds Weekly

by

Economic News Jun Non Oil Domestic Exports -8.8% YoY vs expected -5.8% Jun Non Oil Domestic Exports 3.2% MoM vs expected 2.4% Jun Electronics Exports -12.4% YoY vs expected -9.7% Jun CPI 1.8%… Continue reading →

6 Comments

New Issues : If Oxley & Aspial Can, So Can Banyan Tree

by

With a heavy heart, I see Aspial re-opening. **ASPIAL CORP LTD SGD TAP: UPDATE #1** – Reopening of Aspial 5.00% Fixed Rate Notes Due 22 July 2016 (ISIN:SG57A6994608) – Tap announced at guidance… Continue reading →

Ad Hoc Commentary – last sucker rally for the goldbugs, stay away from equities till German elections

by

Gold did well overnight, so did the JPY. It seems that after years of USD weakness, some still cannot accept that the USD will be king in the next two years. What we… Continue reading →

FX Thoughts : The Slow Boil Death

by

http://www.southparkstudios.com/clips/222624/the-importance-of-saving-money Uncanny that I was sent this SouthPark video, The Importance Of Saving Money, by Retired Trader and chanced upon, almost instantaneously on a WSJ article No Trends, No Friends for FX Funds –… Continue reading →

What is Happening In Global Flows ?

by

It’s a new week and I am struggling to make sense of what is going on. EM Outflow Trend Continues “We continue to see consistent outflows in EM Bond funds. EM bond funds… Continue reading →

Poor Barbie. I Don’t Want To Be Smart, Jackie.

by

I am not smart. My maid is. A pile of Lego blocks, of assorted colours and sizes. (Photo credit: Wikipedia) She does not know what a can-opener is but she does not need… Continue reading →

Bernanke Doesn’t Understand Gold…. or Diamonds or… Tesla ?

by

Bernanke says he does not understand Gold. What about Tesla ? For a company that expects to sell 21,000 cars a year, its market capitalisation has surpassed Mazda which sells 1.3 million cars… Continue reading →