Emerging markets may not hold.
As China triggers concern, competitive devaluation and benign depreciation may be the policy of central bankers.
There are no macho currencies.
Just the herd instinct of currency sheep crossing over to a difficult week.
Countries that are relatively China tagged such as Australia and Singapore should see greater volatility. Countries like Vietnam will have to cope with a cheaper China competition.
India's Make In India might see a lag.
Asia which is the new power house is stalling and that is not a positive sign for the world economy.
Sell?
Or Sell and buy?
For the non- technical investor, it may be good time to stay out and watch,
Views expressed are without any risk or responsibility. This blog recommends no investment decision.
As China triggers concern, competitive devaluation and benign depreciation may be the policy of central bankers.
There are no macho currencies.
Just the herd instinct of currency sheep crossing over to a difficult week.
Countries that are relatively China tagged such as Australia and Singapore should see greater volatility. Countries like Vietnam will have to cope with a cheaper China competition.
India's Make In India might see a lag.
Asia which is the new power house is stalling and that is not a positive sign for the world economy.
Sell?
Or Sell and buy?
For the non- technical investor, it may be good time to stay out and watch,
Views expressed are without any risk or responsibility. This blog recommends no investment decision.
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