YTE Blog

Over the weekend, China announced a 50 basis-point cut in the Reserve Requirement Ratio. This is essentially the proportion of cash that banks must set aside as reserves. The change will take effect on 24 February, and the figure will fall to 20.5% from 21%. This is the second time in three months...

This week's top trading blogs... Commodity Trader Fed meeting this week as well as any new developments out of Europe. My suggestion is to always look one-two weeks in advance for upcoming economic events when initiating trades. Just when it appears Crude was destined to move lower prices rever...

What was original a 2 day meeting between the European finance chiefs has now been scheduled for 6 days. With a final announcement scheduled for Wednesday, the lengthy Summit shows that the people in charge are committed to hammer out a solution for the on-going debt woes in Europe. There are essen...

  Risk currencies are having a brief rally this week due to three reasons: Better US Employment Bank of England increases Asset Purchases European leaders pledge banks recapitalisation Better US Employment US Non-Farm Payrolls rose by 103K in the month of September with private sector payrolls...

Finance chiefs meet in Luxembourg this week. The good news for the markets is that finance chiefs are meeting and discussing global issues more frequently. The bad news is that no concrete solution has been hammered out yet. In the process, markets are continuing their free-fall. The MSCI Asia...

We are officially in a bear market. The bloodshed in the markets last week was breath-taking, with more than US$3.4 trillion (s$4.4 trillion) erased from equity values and over US $1 trillion in the US equity market alone. Here’s a snapshot of some of the carnage: 1) The Dow Jones Industrial Aver...