The theory of minimum variance

by

With five central banks meeting this week in the region and none had eased policy or expected to do so – Bank of Thailand met yesterday, Bank of Korea, Bank Negara Malaysia, Bank Indonesia and Bank… Continue reading

Anti Instinct Trading In Taper On And Taper Off (updated)

by

Journalists and analysts all writing to save their lives. Reports swinging wildly between Taper and Taper Not after the FOMC minutes depending on where the Dow was. RATES: Treasuries Fall After FOMC Minutes;… Continue reading

Olam Perp Update

by

It sort of caught my attention that this bond is down 2 cents today while almost everything else is unchanged. Still not quite at its Dec 12 lows of 78.5 so I suspect… Continue reading

Satyajit Says …. Leading To Mid Year Reflections

by

In any bond trader’s library, we need to have the Fabozzi bible. Next you need Hull for options. But the funky look is only complete with Satyajit Das’s Derivative Products & Pricing and/or… Continue reading

No Ideas ? New Valuation Paradigms in a 3 Speed Recovery

by

I have been spending some time on the herb and vegetables. Sweet potatoes flourishing but under savage attack by the relentless white fly army, same for the chilli and chilli padi. Rosemary sprouting… Continue reading

Can’t Go Wrong ? USDJPY ?

by

3 weeks of straight ups right under our noses and we have BOJ on Thursday. If the past 3 meetings were anything to go by, we should see a DOWN move. Yet expectations… Continue reading

SGD Rates and Bonds Weekly

by

Economic News Jun Electronics Sector Index 51.2 vs expected 51.0 Jun PMI 51.7 vs expected 51.0 IRS USDSGD at a new 12 month high, breaking 1.28 for a day before trading at its… Continue reading

Temasek and her bonds (updated)

by

Temasek Investor Lunch next Monday at the Mandarin Oriental. July 8 (Bloomberg) — Two people familiar with the matter said. • Co. hires DBS and UBS to arrange the meetings • Meetings to… Continue reading

SGD Corps Comments : They mark them up, they mark them down

by

When I see the prices now. I know its a retard retail stand up comedy. My fund manager friends say all the prices are way wrong but who cares because they are keeping… Continue reading

Fx For Thought : We Are Herds

by

Not a single currency beat the USD in the last week. It was not about the pain index, the PMIs, which were in fact quite good for Europe, political turmoil in Egypt, Syria,… Continue reading