Developing countries have been seeing inflation, with cheap money coming in from the US. We may have seen this with higher property prices. Our US friends have been happily printing more money in the hope of getting its people to spend. China has been doing well in its exports, while trying to contain domestic inflation too.
China has just increased its interest rates by a quarter %. Is this just a small increase; and will more interest rates hikes follow in the coming months? What does this mean to the Singapore $? HenryY, Weng Hon, what do you think will happen to the world’s ETFs and equity markets?
Share your thoughts o the US$ and Euro pair. Will China continue to boom? Abel, do you see any fast drop with your counters? Still a good time to go to the US will cheaper USD?
There will be a SHC trading club meeting, scheduled for Thur Oct 28, 2010 from 3pm to 7 pm at the MPH cafe, along Robinson Road. Strictly for those with interests in equities, ETFs, currencies, trading platforms and other trading instruments, and SHC members only. Limited to 40 pax.