Singapore Dollar Surges

🇸🇬 🇸🇬 USDSGD Plunges Below $1.3550 As MAS Tightens Monetary Policy. Get Ready For SGDMYR At RM3.20
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Goldman Sees First ECB Rate Hike In Sep

🇪🇺 🇪🇺 Goldman Sachs like the euro, expects first ECB rate hike in September
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Crypto Futures Witness $323M In Liquidations

🚨 🚨 Crypto Futures Observe $323M In Liquidations As Bitcoin Plunges To $41k
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Yellen Gives China A Warning

🇺🇸 🇨🇳 Yellen says China faces consequences if it fails to help stop Russia’s war in Ukraine
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The Best Gas Play Is Trading At A Discount

📣📣 The Best Gas Play Is Trading At A Discount

This Company is the Best European Gas Play and its market value of $110 billion makes it larger than BP AND IT IS TRADING AT A DISCOUNT

Point To Note: With no net debt, it also has one of the best balance sheets among major energy companies

It is the second-largest provider of natural gas to Europe behind Russian Giant Gazprom and has been realizing a financial windfall from an extraordinary surge in European gas prices

Point To Note: No Western energy company has greater exposure to European gas, which may be the single best energy market in the world now

Buyback Power: The Company also plans to buy back $5 billion of stock in 2022, resulting in a total yield (dividend plus repurchases) of close to 10%

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EV Battery Factories – Get Ready For Explosive Growth

🚗 🚗 Morgan Stanley Expects USD20 trillion to be pumped into EV Battery Factories
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Japanese Firms Detest Weak Yen

🇯🇵 🇯🇵 Reuters poll finds more than 75% of Japanese firms unhappy with current weak yen
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Singapore’s MAS Tightens Monetary Policy

🇸🇬 🇸🇬 Singapore data – Preliminary Q1 GDP +0.4% q/q and +3.4% y/y. Monetary Authority of Singapore tightens monetary policy
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Goldman Warns Of China RRR Cut In A Few Days

🇨🇳 🇨🇳 Goldman Sachs says a People’s Bank of China RRR cut “in the next few days”
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Argentina Raises Rates To 47%

🇦🇷 🇦🇷 Argentina’s central bank just raised interest rates for the fourth time this year, by 250 basis points to 47%
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