Not much change from last month.
AUD & NZD continue to outperform while CNY lags behind most currencies. I suppose with more optimistic newsflow from the Southern Hemisphere and potential re-rating of the countries’s economic outlooks and gradual reining in of inflation, these 2 commodity-backed currencies should continue to outgain most currencies.
As for CNY, I suspect [...]
Archive for August, 2009
5 months on …
August 31, 2009Positive Thinking … yeah right?
August 31, 2009I am sure many of you would have seen this commercial featuring a myriad of animals having tete-a-tete in a kopi-tiam setting and how they should be contented with having peanuts & coffee in these tough economic times.
Many find the commercial amusing … some find it distasteful or even downright insulting … as if the higher [...]
Buy, Sell, Hold or Flip???
August 1, 2009Queues for property launches seem to be a leading indicator of economic recovery.
In recent weeks, there seems to be a deluge of new property launches taking place over the island. While this may ring in big bucks for developers, agents and the banks (of course, who can forget them?), it does smell of speculators gradually [...]
