Asian economies are in better shape, so it's more than possible that Asian central banks will allow further gains.
More Quotes from Irene Cheung:
The economy is improving and there is a case building for the central bank to hike rates. We will look to short the bonds on price rallies.Irene Cheung
For North Asia, Korea is the prime candidate to see consumption-led demand in 2006, given the turnaround of domestic spending.
Irene Cheung
From March, the year-on-year inflation rate will probably come off quite substantially.
Irene Cheung
I see more interest rate hikes and this will dampen domestic consumption. Also, the coming 50 percent increase in fuel prices will have a major impact on inflation.
Irene Cheung
The Japanese yen will become less of a driver for Asian foreign exchange and the influence of the yuan will grow.
Irene Cheung
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