“…Russia can use her gas weapon with impunity when the Chinese start buying in 2018. Today, Russia can only use her gas weapon for short periods before she starve herself of precious foreign… Continue reading
This post was written for http://www.hnworth.com, a site targeting high net worth individuals in Singapore. Have fun reading ! ******************************** It struck me that the biggest winners in bonds this month have… Continue reading
If anyone was watching screens on Friday evening, it was Dialastrategist, who alerted me to the sudden spike in the USDCNH. Conspiracy theories abound with this spike coming just shortly before the 2%… Continue reading
The only positive this week has been coal and the ASX. Government bonds continued to fly towards record low yields and RBA watcher McCrann said that the RBA “will most certainly cut rates… Continue reading
At the recent World Economic Forum “Central banks, said Harvard University economics professor Kenneth Rogoff, are surely the greatest source of uncertainty in the eyes of the financial markets..” http://www.spiegel.de/international/business/ecb-decision-to-weaken-euro-comes-with-pluses-and-minuses-a-1015322.html I think the… Continue reading
Another fun week of full blown comedy starting with the Greek elections where any party will do except for the incumbent like we have seen in all the other elections last year. Markets… Continue reading
INTERNATIONAL HEALTHWAY CORP 3Y SGD – New 3yr SGD announced post roadshow – Price Guidance at 6.00% area – Anchors well in place – Timing: As early as today’s business ** PB concession: … Continue reading
New 2.5Y and 5Y dual tranche transaction for Guocoland announced with an initial guidance of 4% area and 4.5% area respectively. – This is on the back a strong set of Q2 financial… Continue reading
Last year we asked: “Is history repeating itself again now with the Greeks giving France and Germany the Trojan horse of sovereign debt crisis?” https://tradehaven.net/market/ad-hoc-commentary-the-wooden-horse-year-greeks-gave-franco-german-a-wooden-trojan-horse/ It seems that Greece surpassed expectations. What… Continue reading