KUALA LUMPUR: The ringgit proceeds on a losing streak against the US dollar on Friday while the benchmark FBM KLCI stays under weight.The ringgit was cited at 4.4120 against the greenback. It had before deteriorated to 4.415 in early exchange, on desire of an unavoidable US loan cost climb, combined with a drop in oil costs overnight.
On the splendid side, experts says ringgit would be steadier as Bank Negara has declared activities to balance out the falling ringgit. Central bank Chair Janet Yellen flagged the US national bank was near lifting loan fees as the economy keeps on making employments at a sound clasp and expansion inches higher.
Brent rough was last exchanged at US$46.16 per barrel while US unrefined exchanged at US$44.98 per barrel.
Among the key local markets:
Japan's Nikkei 225 rose 0.59% to 17,967.41;
Hong Kong's Hang Seng Index increased 0.02% to 22,267.40;
CSI 300 fell 0.26% to 3,427.73;
Taiwan's Taiex increased 0.15% to 9,008.79;
South Korea's Kospi facilitated 0.23% to 1,976.05 and
Singapore's Straits Times Index rose 0.64% to 2,831.40.
More updates :
Commodity Recommendation , Commodity Signals , Crude Oil Trading Tips , Commodity Trading Signals , Crude Oil Trading Signals , Comex Tips , Crude Oil Trading Strategy
No comments:
Post a Comment