Thursday, January 24, 2013

Forex Trading in Singapore

The possible curtailment of bond purchases by the World Bank has driven up the yield of bonds almost immediately as bond prices fell (the driving up of bond yield is an indication to what will happen to the interest rate). As even more generic rules of thumb, the average middle-class skilled professional in Singapore makes around S$3000-3500 per month. An expat with a special skill set and/or experience should generally expect to make more, while entry level positions pay less. It does not mean talented Phillipinos get less money than their counterparts from England or the US though. I know of two such cases. Both were Indonesians. One works for a well-known financial institution and the other is an old guy who is a lecturer at a university here, among other things. Both are filthy rich.