Bursa Malaysia lower at mid-day
KUALA LUMPUR, Feb 7 ― Bursa Malaysia ended the morning session lower, with the key index approaching the 1,500 psychological mark amid a quiet market ahead of the Chinese New...
Source: malaymail.com
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Bursa Malaysia stays lower at mid-afternoon
KUALA LUMPUR, Feb 7 ― Bursa Malaysia remained lower at midafternoon today due to a lack of catalysts ahead of the Chinese New Year long weekend break. At 3.05pm, the...
Source: malaymail.com
Bursa Malaysia mixed at mid-day
KUALA LUMPUR, Feb 6 ― Bursa Malaysia ended the morning session mixed from a lack of fresh catalysts to bolster the market. At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM...
Source: malaymail.com
Asia open: The US economic outlook continues to improve
Amidst the seismic US jobs report ongoing aftershocks, US stocks experienced a dip on Monday following Federal Reserve Chair Jerome Powell's less dovish remarks on 60 Minutes, which tempered expectations for imminent and frequently recurrent interest rate cuts.
Source: fxstreet.com
ISM Data Points to a Stronger Than Expected US Service Sector
In the US, ISM Services Index for January surprised to the upside. The PMI came in at 53.4 (prior 50.6), which compares to a Reuters poll showing consensus expectations of 52.0. The Prices Paid, New Orders, and Employment Index also all came in higher than December's print. The upside surprise in the ISM Services Index aligns with how most recent US data releases have surprised to the upside.
Source: actionforex.com