Fed rate hike poser weighs on Malaysian and other markets


  • Banking
  • Wednesday, 12 Jul 2017

PETALING JAYA: The possibility of the US Federal Reserve (Fed) raising interest rates twice this year is taking a toll on regional markets. Stronger US dollar also impacting regional bourses, including Bursa.

Trading in most markets in the region has gone low-key, with volume dropping amid weak sentiment due to the likelihood of the US dollar strengthening.

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Business , Bursa , Malaysia , dollar , US , markets , Fed , rate hike ,

   

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