Ten Best Countries to live and work in
1. Switzerland
2. Singapore
3. Canada
4. Spain
5. New Zealand
6. Australia
7. Turkey
8. Germany
9. UAE
10.Vietnam
Source: HSBC Expat Explorers Survey
All countries and currencies that SGM-FX does business and a judicious apportionment between Europe(3) Asia(3) Oceania(2) and Americas(1).
As people prepare to return to their desks following their annual holiday in earlier more innocent times, they used to turn their minds to buying a memento of their time away such as a teapot or a straw donkey. A French couple have gone one better: as they loaded their car onto the Sardinia to Toulon ferry, customs officers noticed it seemed low at the back. Upon opening the boot they discovered 40 kilos of prime Sardinian beach sand. Sardinia takes the theft of their island seriously apart from the fact that it is of course Italian and should be safe from thieving French tourists! Sand confiscated and French facing up to 6 years imprisonment in a Sardinian gaol. Presumably not in a sand castle.
Despite fears for the luxury end of the car market the Bugatti team allowed themselves a collective pat on the back last week at Pebble Beach. How do you follow the $4 million bumper sticker price for a Chiron? Simple: launch the 1577 horsepower Centodieci, limit it to just 10 and price it at $8.9 million. Result: all pre-sold for a 2021 delivery! SGM-FX petrol head James gutted to have missed out but was seen looking up the Matchbox version due out at the same time and about $8.9 million cheaper.
Discussion and Analysis by Humphrey Percy, Chairman and Founder

A short lived short squeeze? Sterling is undoubtedly benefitting from a short squeeze. Traders on net had increased positions that benefit from Sterling’s demise leading into the budget. Depending upon the participant’s persuasion, that could have meant gaining an outright short exposure to the currency or, in a more mild form, trimming any or all […]
Sterling slides Sterling took a leg lower ahead of the European open yesterday. Despite some tentative signs of recovery, GBP was still unable to claw back losses incurred during yesterday’s session. Before we cover the cause and implications of yesterday’s stumble amongst GBP crosses, let’s look at why the Pound was set up for a […]
Big day of a big week Markets have an action-packed week ahead of them. Three G10 central bank decisions will be published, kicking off with the ECB tomorrow. Thursday is the turn of the Bank of England and on Friday, the BoJ. But it’s not just the smattering of pre-Christmas central bank meetings that should […]