Wednesday, April 4, 2007

Asia's Stock Rally Shows No Sign Of Abating

4 April 2007
http://www.fundsupermart.com/main/research/viewSectorPrint.tpl?articleNo=6017

Summary:
  • Expect markets in Singapore, Hong Kong, Malaysia and elsewhere to make some ground
  • there is event risk apprearing from the end-week U.S. nonfarm payrolls data. A bad reading would get markets worrying the state of the U.S. economy, which is bad news for companies in Asia which rely on export demand. Some pre-data nerves may therefore set in by Friday, but this could prove a short-term phenomenon.

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