Both US Treasuries & Ringgit Rising! Will they continue to rise?

The Ringgit has been appreciating against the Singapore Dollar, jialat! Now Singaporeans need to spend more money to have holiday in JB. What caused the Ringgit to Appreciate? On the other side, Job Openings (JOLTs) and Manufacturing PMI Reports have come out cooler than expected, prompting higher expectations of finance charge rate cuts. But the … Read more

Good News for Financial Markets! (Part 2)

The Jobless Claims Report came in hotter than expected, causing people to panic and sell their shares. Hopes of inflation seemed to be dashed on that day Until they realised it was still a good news overall. The US stock industry rallied as a correction result toward this realisation, the S&P500 and NASDAQ 100 returning … Read more

Good News for Financial Markets! (Part 1)

The Jobless Claims Report came in hotter than expected, causing people to panic and sell their equities. Hopes of inflation seemed to be dashed on that day Until they realised it was still a good news overall. The US stock sector rallied as a correction result toward this realisation, the S&P500 and NASDAQ 100 returning … Read more