Philip Chua Business Blog

Posts Tagged ‘volatility’

INVESTORS should use the recent correction to buy into markets, say strategists of two private banks. But banish the thought of a buy and hold approach, as volatility may well erase gains made during the year.
Says Credit Suisse Private Bank’s chief investment officer Stefan Keitel: ‘Buy on weakness, sell on strength. There will be two to three corrections in 2010 but also opportunities.
‘We think… more

A wobble in pro-risk strategies linked to equity market jitters in China and default fears in the Middle East caused a surge in volatility, but may present a buying opportunity in a (still) ample liquidity environment. With buyers considering more attractive levels and finding cover in generally risk-supportive central bank…

(SINGAPORE) Go for higher growth and develop ‘real depths of capabilities’ in seven or eight areas. That, in a nutshell, is an economic strategy Finance Minister Tharman Shanmugaratnam sees for Singapore in the face of growing volatility.
‘Don’t go for a lower growth path for the sake of managing volatility. Go for a higher growth path but prepare our businesses and our workers well for the occas… more

Stock market volatility is back, a signal to some experts that the powerful rally that started in early March may be coming to an end.

The past two trading sessions have been characterised by a strong bout of risk aversion followed by a pro-risk rebound as the markets lurch in and out of the US dollar and equities. Among the volatility, it is important to put these moves into context. This time last week I…

THE seeds of the next financial crisis could be sowed in the volatile currency markets, according to the deputy governor of the Reserve Bank of India.
Attending an awards ceremony at the Intercontinental Hotel yesterday, Mrs Usha Thorat said it was important that the world addressed currency market volatility – noting that the burden of adjustment can fall much more heavily on some countries than … more

Nothing charges the volatility of the currency markets like an unexpected result for a well watched economic statistic. A decade ago the United States International Trade Balance caused violent gyrations in the Forex market, so much so that traders referred to those Friday morning sessions as “New York Fridays” naming…

Following last week’s preliminary signals that risk assets may be stalling, this past week saw stock markets lose ground, key commodities reverse gains, and the USD bounce after testing key support levels. To be sure volatility remained high during the week, with new risk highs being made, but weekly closing…

Plenty of FX volatility: Canadian dollar, Mexican peso and Sterling the weakest, South Korean won, Kiwi and Norway the strongest. As well as banking jitters, comments from the Bank of England’s Mervyn King that sterling weakness would help to rebalance the economy away from (nasty) financial services and help exports…

Bouncing from 78.6% Fibonacci retracement support, quickly correcting the oversold situation. Hopefully the rally will run out of steam here, first resistance around 92.00. However, holiday-thin conditions this week mean we cannot rule out a fairly large ‘extension’ higher. Worryingly, at-the-money implied volatility has not increased, holding around the average…