Financial markets

THE BOTTOM LINE

The death of the Trump trade

Investor backlash against US markets appears to be real

Gold has broken free of the fundamental forces that long explained its ups and downs, says the writer.
THE BOTTOM LINE

Gold enters the storybook stage

Its price is now far above levels suggested by fundamental forces, but it’s hard to see what might stop its ascent

Singapore’s role could evolve from hosting regional listings to providing institutional architecture that makes Asean sovereign flows investable under Coins-era compliance requirements.

Beyond the hub: Singapore’s strategic choice in the age of capital geofencing

With index freezes in Jakarta and new investment curbs in Washington, Singapore must evolve into a key node for compliant Asean investment

Last year, foreigners poured around US$1.6 trillion into US financial assets, including nearly US$700 billion into stocks – both new records and significantly higher than the levels of recent years.

Bash all day, buy all night

Why foreigners keep pouring money into America

Gold has been doing what it said it would on the tin, becoming an asset of refuge in a time of de-dollarisation fears and geopolitical tension.
THINKING ALOUD

Gold is a ‘Bad Feeling’ asset; Bitcoin is a ‘Good Feeling’ asset

Why the precious metal took off during troubled times while the cryptocurrency faceplanted in front of punters

Mounting debt and the possibility of inflation do pose a serious long-term risk to US bond returns and the dollar.

What does ‘responsible investing’ even mean anymore?

An uncertain geopolitical world and increasing instability in the global economic order are complicating matters

The price of silver is playing catch-up with gold, which has been on its own spectacular tear, taking its price to as high as US$5,300 an ounce.

The precious metal feeding frenzy

Gold and silver are on a tear but buyer beware

The big concern for Washington about sowing seeds of a US dollar devaluation is what that may mean for the stability of gigantic net foreign ownership of US assets.

Be careful what you wish for on a weaker US dollar

The greenback’s index against the most-traded currencies has dropped to its weakest since early 2022 – worse could happen yet

The sheer volume of debt involved is one risk. It raises the spectre of financial bubbles, especially if the AI-driven productivity miracle fails to monetise as expected.

The twin ‘factories’ spurring global growth are both at risk

Sustainability of the AI-driven investment boom and China’s export machine is uncertain

Macquarie analysts think that there could potentially be early polls in Malaysia this year, which could be a positive. 

Macquarie ranks Malaysia’s market as its top pick among 5 Asean countries

The Australian bank cites politics, currency strength and corporate capital expenditure