World Market Weekly Summary

It seems that the inflation play is now on! Commodities are all performing very well now. In a fiat currency system, one can always devalue the currency to prevent deflation. If Uncle Ben cannot kill the deflation threat will bullets, then he is sure going to bomb it out!

Dollar Index Futures Weekly Chart

Look at the Dollar Index chart, it indicates that the USD is gonna have another selldown. We should be seeing MYR under 3 to a USD by end of this year. Hopefully, imported goods will be more affortable for us.

World market summary:

World	Monthly	Weekly	Daily
S&P500	Neutral	Up	Up
DJI	Neutral	Up	Up
NasdaqComp	Neutral	Up (+)	Up
Nikkei 225	Down	Neutral	Up (+)
Kospi	Up	Up	Up
SSECI	Down	Down (-)	Neutral
HSI	Up	Up	Up
TWII	Up	Up	Up
STI	Up	Up	Up
JKSE	Up	Up	Up
SENSEX	Up	Up	Up
AORD	Neutral	Up	Up
NZX50	Neutral	Up	Up
FTSE	Neutral	Up	Up
DAX	Up	Up	Up
RTSI	Up	Up	Up (+)
Bovespa	Up	Up	Up