Rank: Chief Joined: 8/4/2010 Posts: 8,977
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murchr wrote:hisah wrote:@murchr - I expect S.Korea to feature in the headlines this year... I guess that is where the money is going to Nop. Their money masters will likely go the india way as the won gets hammered vs USD. Kospi too will selloff properly...
Emerging markets ccys will probably get a proper hammering as volatility makes a comeback this yr. The rupee and rand got it in the chin last yr. Still very weak to date. Now turkish lira, argentine peso, skorea won, thai baht, indonesian ccy etc are getting whacked. Frontier markets those without enough fx reserves will suddenly join the party. KE already saw the preview in 2011.
I'll repeat again, risk management is key this year as volatility presents its ugliness...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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