Author: Lynette Lim
10 April 2018
SGX ends Q1 CY2018 with over 3.6 million contracts for FX futures; 89% y-o-y growth
Access our latest video to gain the energy market insights you need in 3 minutes or less. This latest video covers:
The share of Asian activity in the world’s major energy commodity benchmarks continues to grow as the region cements its position as the key demand hub for global energy trade.
Interest rate futures charts continue to build support following the base set in the aftermath of the early February volatility squeeze. As noted last month, long term support in front-month futures is down at 142’20 and 141’10 (the market hit a low of 142’30 since this newsletter was posted last on 03/21). I indicated targets at 145, 146 and 148. The 148 level is still in play.
By Filippo Lecchini
Chocolate? Yes, please..
One of the untold stories for 2018 so far is the rally in Cocoa prices. At the end of March prices were over 30% higher from the beginning of the year. Granted, this followed a multi years low in December but the volatility in this commodity remains quite remarkable.
By: Lynette Lim
On a recent trip to Singapore for my brother’s wedding, we decided to stop over in Cambodia to visit our Phillip operations and explore the country. It was Cameron’s first visit to Cambodia and my second. I had travelled to Cambodia- Phnom Penh as well as Siem Reap in 2000 on a low budget, backpacking trip with three other friends to visit Vietnam, Laos and Cambodia. I was curious to see the changes and upward progress of the country.
And oh my, how the economy has progressed!