Yes. It is the 40th anniversary of Jaws, the movie. It been a week of dropping JAWS for sure, staring aghast at the Chinese stock meltdown and the subsequent breathtaking rally that surely… Continue reading
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
Emerging Market (n) – Country where politics matters at least as much as economics to market outcomes ~ Ian Bremmer, Eurasia Group Economic development requires effective governments ~ Angus Deaton, Princeton Emerging markets… Continue reading
US LIBOR 1M 0.1866 3M 0.28175 6M 0.4464 ECONOMIC NEWS AND DATA MAY Industrial Production +2.4% MoM, expected +1.8% MAY Industrial Production -2.3% YoY, expected -2.6% May Bank Loans and Advances -0.1% YoY… Continue reading
Is today the real crunch day ? Monday June 22: Emergency summit After finance ministers failed to reach a deal in Luxembourg, eurozone leaders have been summoned to an emergency summit in Brussels… Continue reading
Is it any wonder that bankers which include the economists and strategists all draw higher salaries than the people at the Fed and that the promising and/or prominent officials often end up working… Continue reading
Looks like I pre-empted the Budget – T-shirt I bought from Uniqlo for Chinese New Year (which is now selling at a discounted 9.90! ) that is lifted off Jenny Holzer’s text installations… Continue reading
If you notice that your monthly instalments are getting a little higher, you are spot on the fact that 1 month SIBOR is at its highest levels in 4 years. Ok, we cannot… Continue reading
