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Global Markets

Global bonds suffer worst monthly meltdown as US$1.7 trillion lost

SYDNEY/SINGAPORE (Dec 1): The 30-year-old bull market in bonds looks to be ending with a bang. The Bloomberg Barclays Global Aggregate Total Return Index lost 4% in November, the deepest slump since the gauge’s inception in 1990.

Central banks need to stop living in a fantasy world

SINGAPORE (Nov 7): Central banks have been largely ineffective in creating credit within their economies despite repeated efforts at tweaking their monetary policy, and Huw van Steenis, the Global Head of Strategy at Schroders, thinks he might know the re

US growth already getting a downgrade before polling day

SINGAPORE (Oct 4): Fitch Ratings has revised down its forecast for US growth in FY16 to 1.4% from 1.8% in July, according to its latest bi­monthly Global Economic Outlook (GEO) report for Sept.

Why Bank of Singapore isn’t getting that excited about gold

SINGAPORE (June 9): OCBC’s Bank of Singapore has turned less negative on the outlook of gold. Yet, it is still not outright bullish, as it finds it “hard to get excited” on gold’s upside potential over the medium-term. 
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