Latest Asian Power

Wow, BOC is sure making one of its top investment history this recent months: Bank of China, Dubai May Bid for Singapore Aircraft Leasing. The economic outlook for China seems getting better and better: China Inflation Unexpectedly Slows as Food Gains Ease.

If the deal for Singapore Aircraft Leasing is successful, RMB will weaken when there is an outflow of funds out of China. I think RMB is going to be a major hot currency to trade, sooner or later.

The weak Japanese Yen has caused Asian Stocks Drop, Led by BHP on Metals; Japanese Banks Fall and this Yen Lures Swiss, Russian, New Zealand Central Banks. Note to forget, Japanese current account surplus rising..... Guess i will be watching closely on this Japanese Yen too.... Swimming with the latest trend. :D