Today both Malaysia and China raised interest rates. As a result the KLSE has failed to follow through the positive candlestick pattern yesterday and Dow futures got roiled. On the blogosphere twin deficit fears resurfaced after Fed chairman has been at work again talking things up. But I think that attention will start to shift to macroeconomic factors as investors ponder how rising interest rates in China will affect its ability to keep supporting the world. Could this bring back the bears and profit takers? I hope so, so that I can start buying again.
Malaysian News
- WCT pares losses after opening 28% down
- WCT stands to lose order book RM1.3bil from cancellation of contract
- It doesn’t hurt to show a little kindness in times of grief
- WCT stands to lose RM1.3bil from cancellation of contract
- Expo to promote micro-financing scheme
- Aeon’s strategy to face slowdown
- UMW Toyota counts on new Lexus
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Stock Quotes
| DJIA | 9015.10 | ||
| 000001.SS | 1945.32 | ||
| ^STI | 1940.55 | ||
| ^KLSE | 0.00 | ||
| ^BSESN | 10335.93 |
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