Yen Kai's Idea Cast

Tag: inflation

  • S$ to fall?

    From the headlines: “MAS may relax monetary policy due to declining inflation: analysts” (CNA 24 Sep) and “Price rises slow to lowest in almost two years” (Straits Times 25 Sep) – it looks like a depreciation of the S$ is in the works.

  • Oil price tussle

    It’s been a tug-of-war on oil price recently that saw oil price see-sawing. Here’s the chart showing oil price movement over the past week:

  • SOR soars above 0.5%

    SOR rises above 0.5% for the first time since June 2010, as the USD/SGD moves close to 1.3 again and LIBOR hit 0.54% on its continued steep incline, while SIBOR remains muted at 0.38%. The massive flight-to-safety from the Eurozone’s trouble pushes the US dollar higher as investors piled into Treasuries. This, the result of…

  • Quantitative Easing

     QE3 Probably by now, the term Quantitative Easing (QE) is familiar to most people, having been widely publicized in the media. It is the “tool” employed by a central bank to revive the economy, by printing money.The aim is to get money flowing and thereby get the economy going. QE also keeps interest rates low…

  • SOR landed in all-time-low territory again

    With the US bent on devaluating the USD and MAS allowing the SGD to appreciate, SOR was driven into its all-time-low territory again, coming in at 0.247% on 3 Nov 2010. Moreover, the Feds initiated a fresh round of measures to spur the US economy, keeping rates at 0-0.25% for an “extended period” and launching…

  • SOR does a V-turn after hitting bottom

    SOR slid dramatically to 0.258% on Aug 23, arguably the historical low of all times, then sprang up again to above 0.3%. Incidentally, the 3-month USD Libor rate is also at 0.3% and has been falling and staying low. Exchange rate wise, USD/SGD has been stable at around 1.35 and probably did not play a…

  • Libor vs Ten Year Treasury Note Yield

    As you can see, the two are somewhat correlated, with the Ten Year Treasury Note Yield (TNX) leading. Watch out for the recent rise of the TNX.

  • Singapore SOR and Sibor takes a dip

  • 2009 Outlook

    It’s been a busy 2008 year end for me, leaving me little time to catch up with reading and writing. Before you know it, we are in 2009 already. I thought i had better get a sense of what to expect in the coming months.

  • Fed drops rate to 1%

    As was widely anticipated, the Feds have dropped the Fed Funds Rate to 1%. Rate cuts, coupled with other measures, seem to be gaining some traction at lowering LIBOR rates to which more than $360 trillion of financial products are tied.