The Twin Deficits Way Of Life – GBP
Twin deficits is a way of life. The word used to be as bad as stagflation 1-2 decades back if you ask me yet it has now become accepted as the norm. It… Continue reading
Twin deficits is a way of life. The word used to be as bad as stagflation 1-2 decades back if you ask me yet it has now become accepted as the norm. It… Continue reading
Yesterday’s UMNO elections sealed the politcal fate of Malaysia for the next 4 years and there shall be peace. On the 25th, we will have PM Najib in Malaysia unveiling his 2014 budget… Continue reading
Actually the high last week was on National Day 2.5838, which was probably due to illiquidity. We went off last Wed at 2.56. The high on record was a short lived one during… Continue reading
This shows how on the edge the market is. Did anyone see that big candle in Gold this morning ? No explanation offered yet except that a german bank bought a chunk. USDSGD… Continue reading
Taken from our post last week What is Happening In Global Flows. Bearish MYR medium term – Deutsche Bank “USD/MYR has significantly lagged the pullback in the rest of USD/Asia, with spot… Continue reading