Well its been a another difficult week and essentially we think the market is worried about the upcoming political noise next month with the amnesty bill (i.e. Thaksin trying to come back to Thailand) looking to be discussed by the House on 7th August as well as the “People’s Army” threatening to hold rallies on 4th August – 6th August. Plus 2Q13 earnings have been rolling out and will continue to be until 15th August, thus far finco’s have released what we’ve expected a good 1H13 with a slowing outlook for 2H13. All in all its shaping up to be a rocky week or month for that matter.

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