With the USA debt reaching $20T limit soon, USA will have to lift the debt limit and issue more bonds to pay or rollover its debt which will cause interest rates to go up as bond prices move inversely to its interest rates.
Currently, the FED is holding $4.45T of treasuries because of its past QE actions and will have to unwind all these down to $1T soon. The deluge of $3.45T of treasuries will definitely cause bond prices to fall and interest rates to spike up even when the FED unwinds them gradually. This is truly a double whammy for the bond market.
Saturday, February 4, 2017
OMG! Is Singapore going to lose Pedra Branca to Malaysia soon?
http://www.channelnewsasia.com/news/asiapacific/3-uk-documents-cited-for-malaysia-s-application-to-revise-pedra/3492172.html
Since SG supports PCA ruling in South China Sea, I think SG will stand a better chance to fight this case in PCA as we can afford to pay PCA to award the sovereignty to us. We need to learn from the Philippines.
Since SG supports PCA ruling in South China Sea, I think SG will stand a better chance to fight this case in PCA as we can afford to pay PCA to award the sovereignty to us. We need to learn from the Philippines.
Baltic dry index - 752
Today, Friday, February 03 2017, the Baltic Dry Index decreased by 18 points, reaching 752 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
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Related stocks: Sembcorp Marine & Cosco.
US rig count - 729
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 17 this week to 729.
A year ago, 571 rigs were active.
Houston oilfield services company Baker Hughes Inc. said Friday that 583 rigs sought oil and 145 explored for natural gas this week. One was listed as miscellaneous.
Oklahoma increased by six rigs, New Mexico and Texas were each up by four and Alaska, Arkansas, Colorado and Wyoming each increased by one.
Louisiana lost one rig.
California, Kansas, North Dakota, Ohio, Pennsylvania, Utah and West Virginia were all unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
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Related stocks: Keppel Corp, Sembcorp Marine & Cosco.
Friday, February 3, 2017
UFO in mediterranean sea.
http://www.mirror.co.uk/news/world-news/extraordinary-footage-shows-ufos-sucking-9683378
This is definitely not a normal waterspout or twister as it is stationary. Twister or waterspout will move in a trajectory. Furthermore, there is strange light moving around the waterspout.
This is definitely not a normal waterspout or twister as it is stationary. Twister or waterspout will move in a trajectory. Furthermore, there is strange light moving around the waterspout.
Trump won't honour contract and will seek to rewrite it.
http://www.businessinsider.sg/trump-wants-to-speed-up-the-nafta-talks-2017-2/?r=US&IR=T
Be it WTO, UN or NAFTA, Trump won't honour the contracts and will seek to rewrite these agreements to his advantages.
Be it WTO, UN or NAFTA, Trump won't honour the contracts and will seek to rewrite these agreements to his advantages.
Trump is ruffling Israel too!
https://sg.finance.yahoo.com/news/white-house-says-israeli-settlements-may-not-helpful-234345391.html
Messing with Iran is not enough, Trump wanna mess up Israel too. How can Middle East have peace when USA is stirring troubles?
Messing with Iran is not enough, Trump wanna mess up Israel too. How can Middle East have peace when USA is stirring troubles?
Trump is going to impose sanctions against Iran!
http://www.reuters.com/article/us-usa-trump-iran-sanctions-idUSKBN15H2OE
Middle East will never have peace with USA presence.
Middle East will never have peace with USA presence.
Thursday, February 2, 2017
Gallup disapproval rating is higher than approval rating for Trump now!
http://www.latimes.com/politics/washington/la-na-trailguide-updates-how-has-the-public-responded-to-1485715449-htmlstory.html
Trump is really making history in USA for breaking the approval rating record. Well done Trump! Keep up the "Good" work!
Trump is really making history in USA for breaking the approval rating record. Well done Trump! Keep up the "Good" work!
Wednesday, February 1, 2017
Psychiatrist couldn't explain the behaviour of a russian mental patient!
Curiosity probe discovered ancient civilisation on Mars!
EU put USA in threat category!
https://sg.news.yahoo.com/eu-chief-sees-trump-announcements-threats-131535223.html
Hahaha! EU doesn't see USA as a friendly ally anymore. USA has the same status as China in the eyes of EU.
Hahaha! EU doesn't see USA as a friendly ally anymore. USA has the same status as China in the eyes of EU.
Monday, January 30, 2017
Singaporeans have to apply for USA visa soon!
https://sg.news.yahoo.com/trump-says-u-resume-issuing-visas-countries-over-041346951.html
See! This is what we get for being so pro-USA! We have to apply for USA visa soon.
Sunday, January 29, 2017
Saturday, January 28, 2017
Baltic dry index - 827
Today, Friday, January 27 2017, the Baltic Dry Index decreased by 13 points, reaching 827 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
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Related stocks : Sembcorp Marine & Cosco.
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Related stocks : Sembcorp Marine & Cosco.
US rig count - 712
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 18 this week to 712.
A year ago, 619 rigs were active.
Houston oilfield services company Baker Hughes Inc. said Friday that 566 rigs sought oil and 145 explored for natural gas this week. One was listed as miscellaneous.
Texas increased by nine rigs, Oklahoma was up by five, New Mexico increased by four, Louisiana was up by two and Alaska and North Dakota each increased by one.
Colorado decreased by three rigs and Arkansas and West Virginia each were down by one.
California, Kansas, Ohio, Pennsylvania, Utah and Wyoming were all unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
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Related stocks : Keppel Corp, Sembcorp Marine & Cosco.
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Related stocks : Keppel Corp, Sembcorp Marine & Cosco.
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