Be Aware of Contango Trap in Commodity ETF

Exchange-Traded Fund (ETF) has become very popular in recent years. However, it appears to me that many people misunderstand the functions and abilities of ETFs Today, I am

Read More

Europe released its stress tests

Only 7 (One German, One Greek and 5 Spanish Cajas) of the 91 banks that went through the stress test will need to be recapitalized by EUR3bn. The

Read More

US and Europe Stock markets approaching 200 days moving average

Last week, I wrote an entry “S&P 500, The end of Elliott Wave” Just before the rebound of the stock market worldwide. Until today, the markets have up

Read More

Bank of Korea raised its policy rate by 25 bp to 2.25%

[Exane] The Bank of Korea (BOK) raised its policy rate by 25 bp to 2.25%, after keeping a record low rate for 16 consecutive months. The timing of

Read More

IMF raises global growth forecast despite worries

HONG KONG – The International Monetary Fund (IMF) yesterday raised its global growth forecast for this year even as it warned of renewed financial turbulence stemming from a

Read More

S&P 500, The end of Elliott Wave?

Last night, Stocks surged, sending U.S. benchmark indexes up the most since May, while the dollar and Treasuries slid as growth in American retail sales bolstered optimism in

Read More

Higher Threshold for CPF Investment Scheme-Special Account Investment

From 1st July 2010, you will not be able to invest the first $40,000 in your Special Account. You will have to set aside $40,000 in your Special

Read More