Shadow over Singapore dollar

We expect the Singapore Dollar to continue to weaken against the USD. We have a medium target of USDSGD of 1.60 in mind though further weakness is certainly possible. Singapore is highly impacted on the global economy so a global downturn will certainly impact Singapore. However, with strong fiscal policy and ample reserves the government…

It’s time to revisit the oil plunge

It’s been a while since our last post and we are pleased to note that our prediction for an oil plunge actually took place as we expected, with WTI crude now towards our target as predicted in Sept 2013. The dance to oil on a slippery ground The wave count predicts even lower oil prices…