Ads

Saturday, September 25, 2010

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

No comments: