Economics Markets Strategy - the DBS Vickers Securities Equities ...
Economics Markets Strategy - the DBS Vickers Securities Equities ...
Economics Markets Strategy - the DBS Vickers Securities Equities ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Economics</strong>: Hong Kong<br />
<strong>Economics</strong> – <strong>Markets</strong> – <strong>Strategy</strong><br />
HKD. We expect <strong>the</strong> HKD to move with <strong>the</strong> USD’s rebound against both EUR &<br />
JPY (refer to Currencies).<br />
Of course, this outlook is not without risks. At <strong>the</strong> end of <strong>the</strong> day, <strong>the</strong> degree of<br />
inflationary pressures can be alleviated will hinge greatly on <strong>the</strong> trend of global<br />
prices. There is only so much <strong>the</strong> exchange rate can do, especially if global oil/<br />
commodities prices continue to soar at this pace.<br />
80