No such thing a Quantitative Easing in Europe will cause a big jump in KNM.
Let me remind everyone here. The QE did by USA back in 2008 till recently was not alone. It was echoed by China and the rest of the world including Malaysia. If without backing of China, the QE by USA was toothless, but in the same time China also wants to avoid a hard landing so they help the USA and the rest of the world too ... (thats why our houses triple in prices in 3 years !!!)
Problem in Europe is not new, the PIGS (Portugal, Ireland, Greece and Spain) problems remain unresolved for years. Simple reason, they only have a currency in common and nothing else. It is extremely fragile that a change of government in any of the major members can threaten the bonding in the Union. USA did it because it is one country and EU will never succeed in copying that formula.
If you bet QE from EU, it will be hopeless. Further more, Greece will elect a new government on the 25th Jan (this Sunday) and the most popular manifesto is to leave the EU. See yourself the Swiss Franc/Euro movement. Smart money is going to safe haven like the Swiss Franc in case hell breaks lose in Greece. Some more talk about QE ... !
It seems that oil price will increase... However, it is in short term will not rebound....... Middle East PM said only... Will rebound.. But, we all do not know when is the time to come...
Brent crude oil up 3.22%. Tomorrow could open at 0.595 or 0.60. Predict close at between 0.65-0.675 , depend on trading volume. If high volume easy to close at 0.675. Tp 0.75 in next week.
Based on three assumption. 1. Oil price should be stable and rebound soon. 2. Rapid project in pengerang will carry on. Knm definitely will be benefit from this project. 3. Knm debt did not affect so much by weaken ringgit against usd as most of their debt is in RM and euro currency. Tq.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
maelxpdc
761 posts
Posted by maelxpdc > 2015-01-22 09:53 | Report Abuse
haha..push it baby..like watching wall street 1987 movie..lol