SINGAPORE WEEKLY : TO READ INTO IT
How do we read into things ? *S&P REVISES ECO RISK TREND IN SINGAPORE BANK SECTOR TO POSITIVE *S&P: 1 IN 3 LIKELIHOOD ECON. RISK IN SINGAPORE WILL IMPROVE Positive is a good… Continue reading
How do we read into things ? *S&P REVISES ECO RISK TREND IN SINGAPORE BANK SECTOR TO POSITIVE *S&P: 1 IN 3 LIKELIHOOD ECON. RISK IN SINGAPORE WILL IMPROVE Positive is a good… Continue reading
There goes … the SSB’s have been launched. http://www.sgs.gov.sg/savingsbonds/ Ok, some minor changes. No chance of roller coaster structure for coupon payments ! https://tradehaven.net/market/more-funny-stories-on-retail-bonds-and-singapore-savings-bonds/ “Should the reference yields not allow for step-up… Continue reading
MAS remains profitable !! “THE Monetary Authority of Singapore (MAS) posted a sharply lower net profit of S$281 million for the year ended March 31, 2015, due to currency effects. The negative translation… Continue reading
Remember to be a Singapore economist is to be Politically Correct & Cautiously Optimistic ? https://tradehaven.net/market/fx/singapore-rates-weekly-being-politically-correct-and-cautiously-optimistic/ So, tell me who would dare forecast this -4.6% QoQ GDP number ? Ranking of Economists 1.… Continue reading
US Libor 1M 0.18475 3M 0.28605 6M 0.4484 Economic News and Releases : April Retail Sales +0.8% MoM, expected +1.2% April Retail Sales +5% YoY, expected +5.4% April Retail Sales Ex Auto YoY… Continue reading
US Libor 1M 0.183 3M 0.2812 6M 0.4239 Singapore Economic Data 2 Jun May PMI 50.2 vs expected 49.3 2 Jun May Electronics Sector Index 49.8 vs expected 49.5 8 Jun May Foreign… Continue reading
Economic News 3Q Final GDP +1.3% QoQ vs expected -0.3% 3Q Final GDP +5.8% YoY vs expected +5.3% Oct CPI +0.2% MoM vs expected +0.2% Oct CPI +2% YoY vs expected +2.1% Oct… Continue reading
Economic News Sep Retail Sales Ex Auto +0.3% YoY vs expected +1.8% Sep Retail Sales +0.5% MoM vs expected +1.0% Sep Retail Sales -5.9% YoY vs expected -4.4% Oct Electronics Exports -1.4% YoY… Continue reading
Not so safe haven is apparent in the new 20Y auction yesterday which did not go down well at all. The new 20Y SGS auction results. Cut off Yield 3.40% Average Yield 3.23%… Continue reading
To be read with a pinch of salt and huge dose of compassion. Introduction Growing up with the bond market when Singapore was just a wee player in the big ball park,… Continue reading