TradeHaven Is Moving To www.tradehaven.net

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Dear Friends, Tradehaven has come to a crossroad and decisions have to be made. It was a hard choice, believe me, when I had to choose between 1.5k for 3 dates at a… Continue reading

Bonds In Conversation : LOST

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It is an Uneven, UnCorrelated and UnPredictable world out there. Look at the stock indices year to date. Some up and some down.   DOW JONES INDUS. AVG 18.55% S&P 500 INDEX 20.18%… Continue reading

Mind Warp : S&P 500 Hindenburg Again

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We get these headlines. *DEERE SAYS CONSTRUCTION MARKET IS SOFTER THAN EXPECTED. Then we have this. AMM [Reg]: Deere posts record earnings on strong equipment sales MACY’S INC <M.N> CFO SAYS THAT MUCH… Continue reading

Ad Hoc Commentary – Paulson cuts gold stake 53%. Smart money to come for the remaining 47% after the summer?

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“…Billionaire hedge fund manager John Paulson, who told investors as recently as last month that they should own gold, cut his holdings in the metal by more than half as prices plunged into… Continue reading

Lessons from the SGD Sembcorp Perpetual Bond

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My impression is that the issue went badly. For a household name to fail to garner more than 400 mio in orders and names like Goodpack and Banyan Tree getting more orders than… Continue reading

FX Alert : New (Almost) Record This Month In SGDMYR !

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Actually the high last week was on National Day 2.5838, which was probably due to illiquidity. We went off last Wed at 2.56. The high on record was a short lived one during… Continue reading

Market Sinkholes – Trade EUR and GBP for Reprieve Before Resignation

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“…vacationers evacuated a central Florida resort building before a sinkhole caused a section of the villa to partially collapse early Monday.”  Source : CNBC http://www.cnbc.com/id/100956354 Now they say Tiger Woods’ house is sinking.… Continue reading

SGD Rates and Bonds Weekly

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Economic News 2Q Final GDP 15.5% QoQ vs expected 14.2% 2Q Final GDP 3.8% YoY vs expected 3.5% IRS It was a short week for Singapore with most of the action in USDSGD… Continue reading

SGD New Issue Alert : Semb Corp Industries Perpetual Bond

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To make those who had rushed into Ezion yesterday feel slightly sore about their 4.6%. ** SEMBCORP INDUSTRIES SGD SUBORDINATED PERPNC5 – PX GUIDANCE ** Issuer: Sembcorp Industries Limited (“SembCorp”) Issue:  SGD Perpetual… Continue reading

Trading Like Bacteria – JPY and AUD, EUR and GBP

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How does it feel that markets are exhibiting the same patterns as E Coli ? Diarrhea and vomit inducing bacteria ? It feels just right ! “Using lab-based synthetic biology, experiments in bacterial… Continue reading