There's no clear picture of who's going to take the lead and therefore it's hard to see how we're going to get economic reform. The market is going to react negatively.
More Quotes from Shahab Jalinoos:
Iraq is off the agenda for the time being. The main thing today, with the market focused on fundamentals, is the data coming out of the U.S..Shahab Jalinoos
By maintaining an accommodative monetary policy, the CBC (Central Bank of China) has been raising interest rates at a very modest pace, indeed, the slowest among all Asian central banks.
Shahab Jalinoos
It appears that as long as politics does not threaten steps towards fiscal consolidation or derail growth prospects, the market will be happy to buy Philippines assets on dips.
Shahab Jalinoos
There's lots of speculators betting that we're going to break the 8 yuan per dollar level soon. The authorities are very averse to speculators trying to make money, so they're making it hard for them.
Shahab Jalinoos
We need to keep an eye on Japan's trade number. Also, the country's monetary policy is very loose, pointing toward a weaker yen.
Shahab Jalinoos
It makes sense to stay short on dollaryen and dollarAsia generally going into that meeting just because it's very clear policy makers may now be coming round to the view that the next major foreign exchange realignment has to be from Asia.
Shahab Jalinoos
Readers Who Like This Quotation Also Like:
I did some school plays in elementary school, but that was it.Jason Mewes
Nothing is more confused than to be ordered into a war to die or to be maimed for life without the faintest idea of what's going on.
Hanoi Hannah
We're not in high school anymore and we've had a little more life experiences to help us better understand what were going through in terms of stardom and recognition.
Jay Hernandez