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Market Talk – February 3, 2023

ASIA:   Singapore and Malaysia have agreed to strengthen bilateral cooperation and jointly seize opportunities in the digital economy and green economy, and to work closely on data protection and cyber security. Prime Minister Lee Hsien Loong and Malaysian Prime Minister Anwar Ibrahim witnessed the signing of three agreements covering these fields on Monday, during […]

War & Real Estate

QUESTION: Dear Sir, Hello from Europe and a hopeful new year. In WW2 in Athens, people were exchanging their apartments for a few liters of olive oil, hence real estate went really down. The short question that you can answer even with a yes or no: If this year’s aggressivity in terms of war actions […]

Market Talk – February 2, 2023

ASIA:   The IMF has warned that an abrupt change in Japan’s ultra-loose monetary regime would have “meaningful spillover” effects on global financial markets, underscoring the need for the Bank of Japan to clearly communicate about its future policy. IMF’s first deputy managing director Gita Gopinath called on BoJ to take a flexible approach to […]

Market Talk – February 1, 2023

ASIA: January’s reading for China’s purchasing managers’ index has confirmed expectations that Asia’s powerhouse is back into growth mode, beating analyst expectations and topping 50. At 50.1, the official manufacturing PMI reading is above the line that separates growth from contraction and compares with analyst expectations of a reading below 50, at 49.8, per a […]

Market Talk – January 31, 2023

  ASIA:   The White House is launching a partnership with India on Tuesday that President Joe Biden hopes will help the country compete with China in military equipment, semiconductors and artificial intelligence. Washington wants to deploy more Western mobile phone networks on the subcontinent to counter China’s Huawei Technologies, welcome more Indian computer chip […]

Market Talk – January 30, 2023

ASIA:   India’s annual pre-budget economic survey is likely to peg GDP growth at 6-6.8% for 2023-24, according to a source. The government survey is likely to say that growth is seen at 6.5% for 2023-24 under the baseline scenario. This would be the slowest in three years. Nominal growth is likely to be forecast […]

More Russian Sanction = World War III

For the life of me, there is absolutely no logic to any of this attack on Russia except the desire to conquer and destroy it as any sort of a superpower or independent nation-state. Every President always sought peace until Biden who seems to be reading the cue cards for Armageddon. Even Henry Kissinger said […]

Market Talk – January 27, 2023

ASIA:   Haruhiko Kuroda, the BoJ’s longest-serving governor who will step down in April, last week defied market pressure and kept the key pillars of his monetary easing programme unchanged, stressing that wage growth was not sufficient despite the global inflation shock. Suntory Holdings, the drinks group behind Jim Beam and Yamazaki, aims to raise […]

Forecasting the Future

QUESTION: So if I read you right, you never anticipated that your computer would also forecast war and geopolitical events. ChatGPT seems to be able to find things and answer questions. But it cannot forecast the future by itself. So what did you do that is even more impressive than ChatGPT? DW ANSWER: Being a […]

Market Talk – January 26, 2023

ASIA: The Bank of Japan should let government bond yields move more flexibly and be ready to raise short-term interest rates swiftly if “significant” upside risks to inflation materialize, the International Monetary Fund (IMF) said on Thursday. In a proposal after an annual policy consultation with Japan, the IMF said the central bank’s ultra-loose monetary […]