Hey folk
I have side step from Asia market for quite some time. Asia market are not doing very well as i said probably the hot monies have flow out of Asia.
In Singapore, market have been side ways. Probably we are waiting for the election results. My take is if the Govt is change or some major Ministers are not in the parliament, go short. Many MNC, banks and trade agreement are forge by the current govt and they build relationship with the counterpart. Also these have been true for very long. So the foreigner investor will be used to and trust the way the current govt do things.
I am a financial advisor and a trader, i do not trade on emotion. As a trader, no matter what the situation is we react and go with it.
So US indices have show weakness. trade with care. Long term projection still intact. AUD have also show some weakness
