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Bursa Malaysia is expected to continue its positive momentum this week, amid cautious sentiment on the regional and global market, dealers said.
The Viper Report’s Tom Aspray, a veteran student of the markets, explains why he finds the monthly analysis of the stock market is so important.
Good economic news is terrific. But an upbeat month or two can be followed by a slide down a hill. That’s what worries the Fed.
The Fed could cut rates by in May, according to bond markets. That assumes inflation data remains relatively benign. An unemployment spike could pull a cut forward.
KUALA LUMPUR: The ringgit opened marginally higher against the US dollar today, as the market remains tentative in anticipation of the interest rate decision on the greenback.