Tag Archive: MAS

A Bit on the Repo Market Fiasco, SOFR, SORA – Why It Matters But You Don’t Know Yet

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Absurdity rules the world as wildfires rage on all continents (Alaska, Congo, Greece, Indonesia, Amazon, Australia, Siberia etc) of the world except Antarctica and vapers are turning to cigarettes to wean themselves off… Continue reading

Not Really About The Singapore Spring Monetary Policy Statement

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April 2018 is probably the best month to have a non-G3(+China) central bank meeting because no one would be paying much attention to you in such times of market upheaval amidst geopolitical uncertainties.… Continue reading

Imaginations Running Wild Part 2 – SIBOR, SOR or a new benchmark ?

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* Singapore’s en bloc fever rages even as China’s President Xi says Housing Should be for Living in, Not for Speculation. Perhaps Singapore could represent currency stability or gains ? * The US… Continue reading

SINGAPORE RATES WEEKLY : SG50 FOR YOU AND ME AND OUR NEW WEBSITE

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Welcome to the new look Tradehaven website. It took slightly longer than we had anticipated and has been quite a lesson in learning that none of us are terribly good at design work,… Continue reading

SINGAPORE RATES WEEKLY : IS THERE A PROBLEM ?

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US LIBOR 1M 0.1884 3M 0.2843 6M 0.448 ECONOMIC NEWS AND DATA JUN PMI 50.4, expected 50.2 JUN Electronics Sector Index 50.3, previous 49.8 JUN Markit PMI 51.1, previous 49.5 The SGD managed… Continue reading

Money Cannot Buy Happiness, Just A Different Set Of Problems – USDSGD

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My friend, the Retired Trader, was giving me an analogy about a rich chap who is not happy (as opposed to unhappy) but mightily relieved at his own set of problems. Problems like… Continue reading

SGD Rates and Bonds Weekly

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Economic News 3Q13 GDP -1% QoQ vs expected -4% 3Q13 GDP +5.1% YoY vs expected +3.8% Aug Retail Sales Ex Auto +1.4% YoY vs expectec +2% Aug Retail Sales -7.8% YoY vs expected… Continue reading

Monetary Policy Necessity Is So Blase

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Oct. 14 (Bloomberg) — Singapore’s central bank maintained its commitment to currency appreciation after the economy shrank less than estimated last quarter, forgoing stimulus as labor shortages and record home prices fuel inflation.… Continue reading

Backing Down on The SGD – MAS Inflation Outlook

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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

REHASH : The Economists in Feb Said USDSGD at 1.2 ! GDP Next Week

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In early Feb, I wrote Sunday Times, Coffee and Slight Nausea. Tired of reading the same old “piece of mind numbing happy utopia calls, I will protest at the Toto salaries they are… Continue reading