China central bank another rate cut during weekend will spur new buying activities in Hang Seng. It can be another boost of economy of another currency devaluation in progress. An objective for the world world in a hidden agenda of currency war.
KLCI may be stagnant to cautious due to increas political uncertain on status of PM Najib. We are not really sure the underlying forces behind recent dissatisfaction of his own camp. But we do feel a potential moderate crisis is on its way. The idea situation will be the resignation of Najib. However we believe the path will not be that easy. A potential snap election can be called depending on the development of the story.