Just xD a few weeks ago. RM-SGD just breached 3 (if you are converting from RM to buy). Fed potentially raise rates June/July

No hurry to buy

Question is what will MAS do IF the Feds raise the rates?

The whole market is reactive to news, despite the fundamental is otherwise. Even if MAS does not raise rates, the share price will react to news.

Some Reits has majority fixed rates loan, but they will not be spared for those kind of news too

So my guess is even if MAS does nothing, the share price will react negatively when FED raise rates

if still looking for something to buy, consider keppel dc.

this one is my star performer - solid steady while others waver.

but.. if buying with rm->sgd, not a good time.

rm declining season again; rate today 3.0675/2.9975, bank spreads seem getting wider these days...?

for those doing sgd-rm, be advised the spread has gone crazy.

don't really know if it's due to the high volatility or some new bnm method of doing fx rates.

today cimb closing: sgd buying 3.0825, selling 2.9645.

spread = 3.9%.

are u seeing the same in other banks?

and why is usd is not the case?

should be even more so, no?

4.1345/4.0645. spread = 1.7%.

been like that for sgd for some weeks now.

i asked the bank, they just say, "it's like that". 

interesting to see sgreits recovered well today!

capmall, capcomm excellent recovery.

looking at the relatively small usd/sgd movement subsequent to brexit fallout, probably sgd bonds and reits a reasonable safe haven.

Just feel that keppel dc reit is trading too high of a premium to its NAV... It is about 30% more than its NAV now and yields less than 6%...

i looking looking only...
still hesitated

saw its price below BOOK VALUE...

but then book value depends on valuation.. and its subjective right?

suntec back to 1.71.

capitamall back to 2.16.

it doesn't look like sgreits will fall that much for now as global markets are still strong.

but at current prices, hard to buy more.

yup.. noticed that too... some pretty drastic jump.. made headline in CNBC
trump isn't even in office yet.. investors risk appetite up so much already ?   
http://www.cnbc.com/2016/11/09/donald-trum...he-economy.html
on paper his policies are pro-growth... but where will the funds come from ? borrowings also right ?
means interest rate will stay low... US debt will continue to grow ?? asset price inflation to continue ? then die lorr....   

http://www.cnbc.com/2016/11/09/donald-trum...-next-move.html
another interesting topic is.. janet yellen's term ends in 2018.. trump doesn't really agree to her policies...
maybe we'll have a new Fed Governor in by march 2018...   

hopefully the jump in tresury yield is something positive, aka more risk taking and nothing fishy...   
been holding quite some reits.. coz the mkt has been sooooooo "exciting"...

YES, bro,... I have noticed this since a few weeks ago,... The spread is very wide now, which makes it non-viable to change BACK TO THE RM if one needs to use RM. The spread will cause him to lose many pips, hence, wiping out whatever he made from the exchange rate against what he used to convert over from the RM earlier.

What do you think the reasons could be for this widening, besides the bank wanting to make more ?

hans, any comment on above?

today, i see SGD/RM spread 2.11%, USD/RM spread 0.625%.

the SGD/RM spread is ridiculous.

now exploring if it makes sense to do sgd/usd, then usd/rm.

i am inclined to agree with this bloomberg view that MAS will ease the SGD in the coming months.
https://www.bloomberg.com/news/articles/201...low-amid-easing

thanks, good to know.

that sg money changer spread is only 1%, normal.

the money changer i checked here 2 days ago had about 1.5% spread.

it definitely bad here, banks are the worst.

the banks are making a killing with the spread.

what is PB 1?