2015 what to expect 2015 will see US Federal Reserve unwind its huge USD3 trillion financial stimulus and start to hike interest rates, first time in eight years. 2015 will see Bank Of Japan and European Central Bank to start pumping in USD1 trillion yen and Euro 1 trillion to boost their flagging economies. 2015 will see Malaysia chairing ASEAN and the launch of Asean Economic Community and ASEAN stock exchange by October 2015. 2015 will see the start of mega bank merger in Malaysia. Expect the biggest Malaysian Bank to be born with more than RM100 billion market cap next year. 2015 will see Malaysia finally implement Good Service Tax at 6% and with weak economic backdrop, the GST causes price increases will act as double sword to the economy as it hits the middle class. 2015 will see more than 10 mega IPOs in Bursa Malaysia which includes 1MDB, Malakoff, Weststar, Iskandar Waterfront, Al Medini, Khazanah Theme Park, Ekuinas Ilmu, Sunway Construction, Sime Auto and Ecoworld International. 2015 will be officially Bursa Malaysia fourth WORST year in history, after 2008, 1997 and 1994. Year to date, Bursa has dipped 226 points or 11.8% ever since it touched the highest record on the 8th July 2014. 2015 hottest economic issues will be falling ringgit, falling oil, rising inflation, rising interest rates, rising household debt, illicit money outflow and New Economic Model of Malaysian 11th Economic Plan. We may see Ringgit tests new low against SGD and USD. 2015 hottest political issues will be 1MDB Berhad, Anwar Sodomy Verdict, Seditious Act, Hudud Row, Pakatan Solidarity, Felda Group, Malaysia Airlines Berhad and UMNO New Political Model. Expect to see the rise of Malaysian political temperature and more confrontation Malay liberals vs Malay extremes. In 2015, also expect a new president for PAS and UMNO. 2015 will see oil even cheaper than water. Within five months, oil price has crashed from USD110 to USD55 per barrel. It now costs RM1 to buy a litre of oil, compare to water which is RM2 a litre. Ironically, RON 95 and Milo Tarik have not fallen as much. 2015 will see more currencies volatility. Forex traders are set to return. Top Five worst currencies in 2014 are Russian Rouble, Chilean Peso, Argentina Peso, Colombian Peso and Ukraine Hryvnia which have tumbled more than 20%. Ringgit which is already down 12% is yet to join the fray. Russia has shockingly raised its key interest rate to 17% from 10% after the collapse of the rouble currency. 2015 will see the increase of Chinas influence in the region. As China pumps trillions into Mekong economies to build infrastructure, countries such as Malaysia would want to fight for Chinas affection for more funds allocation. 2015 will see the return of El Nino. Australian Weather Bureau confirmed 70% probabilities of El Nino emerging by February 2015 in the Pacific Ocean. 2015 may see Greece leaves European Union if the left radicals, Syriza Party win the Greece general election this month. If this materialize, expect to tear off Euro and serious implications on European economy.
Posted on: Sat, 03 Jan 2015 05:31:32 +0000
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