Long Malaysia trade (with EWM ETF)
Malaysia shows some positive signs in economy recovery.
Basically, YtoY GDP continues to grow. Unemployment rate is at low levels, which is one of the crucial economic indicators. Inflation is decreasing, even though money supply (M2) is increasing, which is also conseidered to be a positive sign.
Technically, after a long sell-off Malaysia has reached strong support line showing reversal patterns.
Thus, it can be a pretty good long trade
Basically, YtoY GDP continues to grow. Unemployment rate is at low levels, which is one of the crucial economic indicators. Inflation is decreasing, even though money supply (M2) is increasing, which is also conseidered to be a positive sign.
Technically, after a long sell-off Malaysia has reached strong support line showing reversal patterns.
Thus, it can be a pretty good long trade
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