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#1
09-09-2015, 11:40 AM
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The outlook for the Singapore economy is very weak
An honorable member of the Coffee Shop Has Just Posted the Following:
“The outlook for the Singapore economy is very weak," said Hee-Eun Lee, a rates strategist in the city at Standard Chartered Plc. So investors “think the currency will keep on depreciating,” she said. The three-month Sibor is almost at the U.K. lender’s year-end estimate of 1.1 percent. “The impact of rising rates would exert a downward pressure on prices for homes,” Tan said. “If the rate of increase is faster, then a recovery may not be in sight next year.” http://www.bloomberg.com/news/articl...-as-rates-rise Click here to view the whole thread at www.sammyboy.com. 
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