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09-09-2015, 11:30 AM
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 (http://www.bloomberg.com/news/articles/2015-09-08/no-end-in-sight-for-slide-in-singapore-home-prices-as-rates-rise)
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?215532-The-outlook-for-the-Singapore-economy-is-very-weak&goto=newpost).
“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 (http://www.bloomberg.com/news/articles/2015-09-08/no-end-in-sight-for-slide-in-singapore-home-prices-as-rates-rise)
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?215532-The-outlook-for-the-Singapore-economy-is-very-weak&goto=newpost).