Dr.Huang accurately predicted by his two master hands controlling global capital market prices on Euro-events Global/ Asian China finance, capital market conferences Nov. 2003 in Singapore, Shanghai, Beijing, to 2000 QFII fund managers that soaring China and US housing, auto demand resulted soaring oil,commodity prices, inflation to 5.2 % in May 2004, forced China Peoples Bank credit tightening, rate hike, and RMB will be traded in narrow 2 % range through 2005- 2006, one time free float only lead US run away inflation, China recession can not solve US trade deficit due to China /US labor cost/prices diffenential and led to more hot money speculation as it did in European, Asian, Japan
currency crisis in Dr. Huang
tracking simulation of the root causes, onset, spread, recovery of European, Asian, Japan currency crisis, presented to 24 US, China, Asian, European central banks governors conferences.
China successful macoreconomic control to cut monsy supply growth from 24 to 16 % cut inflation from 5 % to 2 % in 2005, however, China oil, gas, coal, electricity price mechanism reform will push China inflation to 3 % and soaring US business, consumer demand will push oil prices to 74 and record metal prices , inflation to 4.5 %, weak dollar drag by record US trade deficit of 69 billion and rate hikes continue into summer 2006, predicted accurately by Dr. HUang Nov, 2005 in Beijin, China oil market conference,
Dollar traded 110- 118 Yen
1.20- 1.28 Euro, RMB can appreciate under 3 % to 7.95-8.03 without any schedule to avoid hot money speculation
Global capital stock market facing consolidation, China Shanghai A still in bear market consilidation from 1000 to 1370 in selling of holding shares recommended earlier by Dr. Huang, now facing correction
US Dow Jones peaking out at 11400, testing 10500 Nasdq peaking out at 2340 drag global capital stock markets into correction