Posts Tagged ‘Singapore’
Shares and Markets - June 19, 2013 22:50
The FOMC Talks and the Markets Shriek
The Fed held its monthly meeting to determine the course of the world over the past two days wherein it was decided that the current QE program would continue indefinitely. But, the rhetoric surrounding said indefinite time frame was apparently hawkish enough to send everyone scrambling for cash. In the wake of the press conference […]
Bond Yields Rise On QE Tapering Rumor
Long maturity bonds from a number of important governments have been rising for the past few weeks, most notably U.S. Treasuries after hitting an interim low yield of 2.812% have risen steadily since then, closing at 3.125% today and threatening April’s high yield of 3.14%. It is looking more and more probable that we will […]
Gas Continues to Correct Back Towards Demand Fundamentals
It’s been a wild ride in gasoline over the past month as refiners have been bidding up the price of RINs due to U.S. E.P.A. bioethanol blending rules. This caused rampant speculation in the futures pits sending gasoline futures prices soaring while the price of Brent crude fell on Euro-zone breakup fears spilling over into […]
Gold Bursts Through $1700 as Winter Sets In
In the face of the BLS Non-Farm Payroll report which looked for all the world like another 9-sigma event, funny how those keep happening the closer we get to the election, gold could not stand up to the onslaught of bullion bank selling as it looked like a number of the professionals decided to front-run […]
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