European debt is at the forefront once again. There are also concerns over European banks that may need to raise more capital. Investor will keep an eye on 3m Euribor which has been declining steadily from a high of 0.905% at the start of August to 0.881% yesterday. Perceived sovereign risk in Europe is also rising with the 5-y CDS for Greece, Portugal, Spain and Italy all widening (but remains well off the highs seen earlier this year). Rising sovereign risk is bullish for gold Not Share Market.





















FBM KLCI Index still supported and mark up during closing by government at high price and Malaysia property also moving into high price. In compare with other develop country, they living cost like food and cloth is mach more cheaper ration on they salary. Only they house price is at very high price, but for Malaysia food and cloth is expensive ratio to Malaysian salary and now house price is moving up too.



However with high loan and high price of house, Malaysia GDP will successfully keep above 6% so to countinues giving a good economic picture to us all, government need to support the share index and keep bank loan out the money.