@WolfInvestments:US 2 year and 10 year TNotes will.be crossing. History shows us that when this happens we officially hit a recession. Geo politics with De Dollarisation going on will affect the US markets and markets as a whole. Trade carefully. Market will be very volatile ahead. I believe the US indices are over valued and a pull back in on its way. Happy tradint
@HRHJMM:$OVERSEA-CHINESE BANKING CORP(O39.SI)$ Oversea-Chinese Banking Corporation’s, or OCBC's, third-quarter result was above our expectation with net profit increasing 31% year on year to SGD 1.6 billion, or 8% against last quarter. While net interest margin was a positive surprise similar to peers DBS Group and UOB, OCBC’s net interest margin of 35 basis points against the second quarter, to 2.06%, was the largest between the three banks. Higher asset yields were the main driver while the bank noted that a repositioning of its deposit book to focus on cash management accounts for SMEs and corporates also contributed. These cash management accounts are mainly current and savings deposits, which attract lower deposit cos