SGM-FX insights

Eurovision   Resistance, support, reversal and jargon. Is pretty much what you’ll receive if you try and research the Euro’s sell-off since December 2019. If you try and read a forecast about what is going to happen to the Euro from here you’ll find even more nonsense. Here’s the truth of the matter:   The […]

Singapore Money Management   In the wake of the Hong Kong demonstrations and the recent questions as to the HK authorities’ management of the Coronavirus outbreak, Singapore is making much of the fact that the number of applications for money management licenses in Singapore has increased from an annual average of 180 to 200 in […]

Oh that’s where I left it!   It takes a big lens to capture a clear image of a piece of paper from tens of metres away. But in most of those circumstances what takes far more skill and consideration is the hand placement, angle and speed of travel to ensure the photographer achieves the […]

U.K.: Home of EVs?   With PM Johnson setting out his stall for the U.K. to lead the world in manufacturing electric cars, it would look to be more of an aspirational vision than an actual one since the U.K. currently has a small fraction of the global EV market. However with decisive fiduciary action […]

US Election: Democrat Runners…28 down to 11…   Ahead of the key date of Super Tuesday March 3 2020 when 16 states are up for grabs in the primaries, some of our readers have questioned how best to categorise the Democrat challengers, so we have distilled the now 11 runners- 8 men and 3 women […]

Goodbye and good riddance!   If you hadn’t noticed, the United Kingdom has left the European Union. You could be forgiven for not having noticed because by design of the Withdrawal Agreement, nothing changes until the transition period is concluded. However, at the formal and legal level the departure has taken place: the UK’s flag […]

Aston Martin   Phew. It really was last chance saloon for the iconic carmaker when Lawrence Stroll, the FI investor opened his wallet on Friday and hey presto a GBP 500 Billion bailout was secured. Lawrence Stroll made his money by being an early investor in brands such as Tommy Hilfiger, Michael Kors and Polo […]

Hydrogen: it’s back and this time it’s different…and it’s green   Older readers will recall the Zepellin, Hindenburg that unfortunately exploded on May 6 1937 in New Jersey killing 36 of the 97 passengers. Now hydrogen filled airships are making a come back as firstly they are green and secondly due to improvements in technology […]

Baaaaad news   If you’re planning on taking on the pub quiz any time soon it may be worth keeping this one in mind. Not the traditional victim of sheep observations, it is in fact Australia that is the world’s leading exporter of lamb and mutton. Towering above New Zealand and Wales, Australia in 2018 […]

Loonyness   This week brought the “news” that Canadian real estate has been the beneficiary of the Harry and Meghan circus moving to Vancouver. And what was the evidence for this? The answer is that hits on the Rightmove site have increased by 70% in the past month: incontrovertible proof! Here at SGM-FX we scoff […]

No small issue   Buyers of Rand have enjoyed the sell-off in the South African currency so far this year. Sellers on the other hand have displayed concern throughout the market as the South African economy embarks upon quite the first quarter of the decade. This shift in sentiment has been responsible for the change […]

Kung Hei Fat Choy   As we embark on the Year of the Rat, a very happy new year to our Chinese readers. Remy Cointreau is hoping that the coronavirus does not stop the huge Chinese drinking market from quaffing their cognac as well as The Botanist Gin and METAXA Greek brandy which also form […]