The probablility for Greece to default

According to an report from bloomberg last week, the record high Credit-default swaps on Greek government debt is “signaling a 91% chance the nation will fail to meet

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European Banks Under Pressure

According to Bloomberg, some of the European banks are being quoted higher rates in the commercial paper market. Premiums on short-term loans are rising as odds of a default by

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Is Cash The King Now?

It seems scary enough by just reading the news headlines in the past week, when US Debt Ceiling Impact and Euro Debt Crisis still show no sign of

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Eurozone Debt Crisis Update

The eurozone debt crisis just cannot go away, In fact, the situation only seems to be worsening. Risk spreads on ‘peripheral’ sovereign bonds have widened, Greek two-year spreads

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Where is Gold Price Heading to? The Bulls and the Bears

The Bears During the first quarter of the year George Soros and hedge fund managers Erich Mindich (founder of Eton Park Capital Management) and Paul Touradji (Touradji Capital

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Why market has been so surpisingly strong?

The MSCI World Index has increased by about 8% year to date. The equities market showed strong resilience against several unsettling global events that included major civil unrest

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Currency Carry Trade Makes Comeback

April 26 (Bloomberg) — Currency carry traders who borrow in countries with low interest costs to fund purchases in markets with higher yields are seeing returns rebound from

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Who Will Buy Treasuries When The Fed Doesn’t?

One month before Standard & Poor warned of downgrade US treasury debt’s AAA rating, Bill Gross, managing director and co-CIO of PIMCO, asks: “Who Will Buy Treasuries When The

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Updates on Japan Market

This morning I attended the presentation by Eiichi Oikawa, Managing Director of Daiwa SB Investment (Singapore) Ltd. Eiichi Oikawa is managing DBS Japan Growth Fund. There are some

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Are you sure you want to catch a falling knife?

The 9.0 magnitude earthquake rocks Japan and the rest of the world. Nuclear power plants in Fukushima damaged in the earthquake and aftershocks, with apparent radiation leak. Japan

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