*Illustration of top 10 best & worst performing equity indices out of 95 traded stock markets tracked by Bloomberg worldwide Not too long ago, elections in Europe or debt ceiling worries or spending… Continue reading →

For some months now, I have been badgering my few economist friends to write something about the Malaysian elections announcement which has dragged on for too long.  They have been unusually reticent and… Continue reading →

I just got this from the grapevine. Apparently, Reuters is reporting that the HDB 10Y new bond sale has been scrapped. “HDB’s planned 10-year bond sale cancelled – But the bankers struggled to… Continue reading →

This currency war business has made it possible for Romania(Baa3/BB+/BBB-) to issue a 10Y USD paper at 4.625%. Do not be dismayed because Philippines 2021 is trading at 2.5%. That makes Romania a… Continue reading →

It looks like I have a critical audience, so I apologise if you manage find any offensive material in this one (sniff sniff). The US is nearing the sequester deadline and the sharp… Continue reading →

I suggest we better all stop squealing about the 6.9 mio because America and UK are wising up to Singapore’s game, both launching into immigration campaigns to, potentially, give Singapore a good fight… Continue reading →

Illustration 1: Australia has one of the highest foreign ownership at ~80% of its government bonds.  By comparison, the figure is ~50% for U.S.A. and ~9% for Japan.  Asianmacro is using the lull… Continue reading →

Dear Oldfolk, I have been re- reading your comments in more detail and I believe “Houston, We May Have A Problem”. Let me paint my impression of your situation which could be misinformed… Continue reading →

Not a firm believer in anything much in these times, I am not sure if this CLSA chart is anything to go by and I will remove it if they accuse me of… Continue reading →