Capital Flows Back to U.S. as Markets Slump Across Asia - Asia Entering A Dangerous Phase

Posted by izoklse > 2013-08-20 13:08 | Report Abuse

The Indian rupee fell to a record low today, Thailand is in recession and Indonesia’s widest current-account deficit pushed the rupiah to the lowest level since 2009. Chinese banks’ bad loans are rising and economists forecast Malaysia will post its second straight quarter of sub-5 percent growth this week. ASIA NOW IN DANGER. YESTERDAY IT BADLY HITS INDIA,INDONESIA & THAILAND TODAY IT BADLY HITS MALAYSIA TOMORROW EVERY ANALYST & INVESTOR EYE ON MALAYSIA 2Q ECONOMIC FORECAST & IF IT BELOW 5 % THEN FBM KLSE SHOULD PREPARE FOR WORSE SCENARIO OF THE BENCHMARK MOVE BELOW 1,700 POINT. Source : http://www.bloomberg.com/news/2013-08-19/clouds-gather-over-asian-economies-as-capital-flows-back-to-u-s-.html

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8 comment(s). Last comment by JTFX 2013-08-20 14:52

Ian Lim Koh Huat

188 posts

Posted by Ian Lim Koh Huat > 2013-08-20 13:14 | Report Abuse

crap..

izoklse

5,206 posts

Posted by izoklse > 2013-08-20 13:37 | Report Abuse

Now Jibby and DR M need to team up and plan a strategy to safe Malaysia for the 3rd time. DR M surely have huge experience on dealing with this currency problem while Jibby got experience and knowledge in Economy. Lucky we have ex-Maybank Bos and now is the time to step up and help the country to deal with this coming new economic problem.

ktsk88

5,284 posts

Posted by ktsk88 > 2013-08-20 13:41 | Report Abuse

We have our PEMANDU Idris Jala too (formerly MAS)

j harcharanjit a/l jalaur singh dhillon

6,356 posts

Posted by j harcharanjit a/l jalaur singh dhillon > 2013-08-20 13:41 | Report Abuse

habis lah kali ini

stonenut

2,776 posts

Posted by stonenut > 2013-08-20 13:52 | Report Abuse

Sounds like sure dead to me...

hw0706

744 posts

Posted by hw0706 > 2013-08-20 14:03 | Report Abuse

this time even comodities also canoot help. so Malaysia will be sure die

Hulk

596 posts

Posted by Hulk > 2013-08-20 14:08 | Report Abuse

cabut and run now, wait for big Durian jatuh dari langit. Just go to pick it up....

JTFX

1,582 posts

Posted by JTFX > 2013-08-20 14:52 | Report Abuse

dont underestimate the risks ahead.Feds tapering=capital flows back to US=higher USD/asian ccys=higher foreign ccy funding costs for asian govts=more pressure on the c/a deficits=higher USD funding costs for our multinationals,GLCs. banks etc...

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