US Federal Reserve (Fed)

Tong's Portfolio

How much is too much QE?

Clearly, what was once unthinkable and unprecedented is now rapidly turning into the norm — with no end in sight.

Broker's Calls

Global gold ETF holdings now second behind US bullion reserves

Global gold ETF holdings eclipsed German gold reserves on Monday as investors seek safety from Covid-19.

Global Markets

The Fed is headed in the same direction as the ECB

The US Federal Reserve has started buying corporate bonds in the secondary market, but it is not the first of its peers to do so.

Broker's Calls

Bank of Singapore analysts expects no Fed hikes through 2022 as central bank fights off deflationary pressures

The Fed has come out in favour of maintaining or even increasing the pace of QE to avoid a new case of taper tantrum, says BOS analysts Eli Lee and Conrad Tan.

Covid-19

Market meltdown to persist even as US Fed slashes interest rate to all-time low

As recession risks rise, the Singapore economy is looking at a 0.9% y-o-y contraction for the first quarter as the pandemic continues to spread.

Zest

Analysts downbeat about 3QFY2019 banks' results

SINGAPORE (Oct 29): United Overseas Bank is due to report 3QFY2019 earnings on Nov 1, Oversea-Chinese Banking Corp on Nov 5 and DBS Group Holdings on Nov 11.  With the US Federal Reserve cutting the Fed Funds Rate twice this year, the banks’ net in

Global Economy

The crisis of central bank governance

SINGAPORE (Oct 14): The relationship between monetary authorities and governments differs in important ways between the US and the eurozone. The US invariably falls into a traditional pattern whereby governing politicians, with an eye towards the electora

US-China trade war

China will not save the world economy this time

SINGAPORE (Oct 7): US recession indicators are growing stronger and there is one bigger-than-usual reason why the world should be worried: China is not coming to the rescue this time.

Global Economy

While the Fed has no 'guts', the PBOC is on steroids

SINGAPORE (Sept 23): It is debatable whether the US Federal Reserve has sense, vision or “guts”. But one thing is certain: The US central bank has become a weakling. The People’s Bank of China, on the other hand, is loaded with technocrats on steroi

Bonds and treasuries

Tracking the universe of positive yielding bonds

Stock of negative-yielding global bonds has almost doubled in 2019
×